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3 star

L&T Hybrid Equity Fund


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.72 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -2.36 0.08 0.55 -1.75 7.64 23.98 1.63 1.91 6.43 12.99 --
VR Balanced TRI -5.05 -0.04 0.51 -2.92 7.60 24.45 -0.11 6.08 8.47 10.49 --
Hybrid: Aggressive Hybrid -2.92 -0.09 0.80 -2.58 7.83 22.55 0.67 2.66 6.71 11.70 --
Rank within category 18 11 32 11 15 12 17 21 14 9 --
Number of funds in category 43 43 43 43 43 43 42 32 25 23 21

As on 29-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Hybrid Equity Fund  | Invest Online
3 star
Feb-11 1.63 1.91 6.43 1.85 5,837
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 -0.94 5.56 8.09 1.62 31,993
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 0.72 4.78 8.59 1.90 5,720
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 2.81 5.61 9.58 1.91 3,749
HDFC Children's Gift Fund  | Invest Online
4 star
Mar-01 3.80 5.25 9.04 2.00 3,363

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.28 (24-Mar-2020 - 31-Mar-2020) -15.06 (11-Mar-2020 - 18-Mar-2020)
Month 16.45 (23-Mar-2020 - 22-Apr-2020) -29.83 (20-Feb-2020 - 23-Mar-2020)
Quarter 26.24 (23-Mar-2020 - 22-Jun-2020) -28.60 (23-Dec-2019 - 23-Mar-2020)
Year 59.25 (13-Feb-2014 - 13-Feb-2015) -24.50 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.77 16.09 -0.15 -0.16 0.90 -4.49
VR Balanced TRI 7.49 17.40 0.14 0.15 -- --
Hybrid: Aggressive Hybrid 4.07 16.62 -0.06 -0.06 0.90 -3.19
Rank within category 25 16 25 25 18 25
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Holdings (%) 39.12
Top 5 Holdings (%) 25.55
Top 3 Sectors (%) 42.20
Portfolio P/B Ratio 3.62
Portfolio P/E Ratio 28.18
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 2.60 2.15
up 7.32% GOI 28/01/2024 GOI Securities SOV 1.32 - 3.93 2.03
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 1.88 1.88
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.41 - 2.21 1.83
new Power Finance Corp. 358-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.65 1.65
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.39 - 1.38 1.37
up 5.79% GOI 2030 GOI Securities SOV 0.00 - 1.28 1.28
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 0.66 - 1.03 1.03
up 6.18% GOI 2024 GOI Securities SOV 0.00 - 0.99 0.99
equal 6.44% Indian Oil Corp. 14/04/2023 Debenture AAA 0.00 - 0.94 0.92
equal HPCL 14/08/2024 Debenture AAA 0.61 - 0.96 0.91
equal 7.17% GOI 2028 GOI Securities SOV 0.43 - 0.96 0.91
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 0.67 0.67
down 9.50% Indusind Bank Bonds AA 0.61 - 0.90 0.61
up National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 0.58 0.58
equal SIDBI 20/01/2021 Commercial Paper A1+ 0.00 - 0.51 0.51
new 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 0.46 0.46
down 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.46 - 0.94 0.46
new 6.19% IRFC 28/04/2023 Debenture AAA 0.00 - 0.45 0.45
down HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 0.89 0.45
equal Larsen & Toubro 247-D 26/03/2021 Commercial Paper A1+ 0.00 - 0.42 0.42
new National Bank Agr. Rur. Devp 17/06/2021 Certificate of Deposit A1+ 0.00 - 0.42 0.42
equal 8.40% SIDBI 2021 Debenture AAA 0.26 - 0.38 0.36
equal State Bank of India 2056 Debenture AA+ 0.16 - 0.48 0.23
equal 7.59% National Housing Bank 2021 Non Convertible Debenture AAA 0.14 - 0.31 0.20

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 20.51 7.52 3.04 6.51
down Reliance Industries Energy 35.73 5.88 0.00 5.64
up ICICI Bank Financial 24.20 8.30 1.02 4.87
equal Infosys Technology 25.27 4.77 0.00 4.64
down Kotak Mahindra Bank Financial 29.37 4.93 1.34 3.89
equal Divi's Laboratories Healthcare 50.85 2.91 0.00 2.91
down Ipca Laboratories Healthcare 29.31 2.84 0.00 2.77
down Bharti Airtel Communication -- 5.67 0.00 2.76
equal Tata Consultancy Services Technology 29.90 5.21 2.04 2.69
up HDFC Financial 14.01 4.56 1.51 2.44
down Hindustan Unilever FMCG 69.78 3.70 0.00 2.25
equal HCL Technologies Technology 18.75 3.73 0.99 2.15
down Sun Pharmaceutical Inds. Healthcare 168.05 2.28 0.45 2.02
equal SBI Life Insurance Company Financial 56.04 2.04 0.00 1.88
equal Larsen & Toubro Construction 15.00 4.99 1.67 1.75
down Trent Services -- 2.37 0.80 1.75
equal The Ramco Cements Construction 33.09 2.33 1.50 1.67
equal Emami FMCG 51.48 1.41 0.72 1.41
up Tata Consumer Products FMCG 91.49 1.40 0.00 1.40
equal Dabur India FMCG 61.70 1.26 0.00 1.18
down Supreme Industries Chemicals 42.33 1.56 0.00 1.17
equal PI Industries Chemicals 60.28 1.10 0.00 1.10
equal Shree Cement Construction 48.16 1.21 0.00 1.06
down Abbott India Healthcare 53.09 1.40 0.00 1.05
equal Torrent Pharmaceuticals Healthcare 40.62 1.04 0.00 1.03

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2020

Fund Manager

— Vihang Naik since 17-Dec-2019

Education: Mr. Naik is a CFA and TYBMS.

Experience: Prior to joining L&T Mutual Fund he was associated with L&T Investment Management Limited (Jul 2012-Jun 2016) as an Analyst and with MF Global Sify securities (Mar 2010-Jul 2012, Motilal Oswal Securities (May 2008-Mar 2010), SBICAP Securities (Oct 2006-Apr 2008) as Research Analyst.

Funds Managed:

— Shriram Ramanathan since 30-May-2016

Education: Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.

Experience: Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.

Funds Managed:


0.08%

Change from previous, NAV as on 29-Sep-2020

Growth: ₹ 26.5030

Dividend Yearly: ₹ 12.2540

Dividend: ₹ 19.3100


Investment Strategy

The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: L&T Mutual Fund
Launch Date: 07-Feb-2011
Return Since Launch: 10.63%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,837 Cr (As on 31-Aug-2020)
Expense: 1.85% (As on 31-Aug-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 60.04%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend01-Jul-20190.0885

 23-Apr-20190.0797
 27-Dec-20180.0531
 24-Sep-20180.1062
 23-Aug-20180.1062
 23-Jul-20180.1062
 22-Jun-20180.1062
 23-May-20180.1062
 23-Apr-20180.1062
 23-Mar-20180.1300
 23-Feb-20180.1300
 25-Jan-20180.1300
 22-Dec-20170.1300
 24-Nov-20170.1300
 23-Oct-20170.1300
 25-Sep-20170.1300
 24-Aug-20170.1300
 27-Jul-20170.1300
 22-Jun-20170.1300
 25-May-20170.1300
 26-Apr-20170.1200
 21-Mar-20170.1100
 27-Feb-20170.1000
 25-Jan-20170.0900
 22-Dec-20160.0700
Dividend Yearly22-Mar-20190.6198

 23-Mar-20180.9000
 23-Mar-20170.2000

Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098

Phone: 022-66554000 / 1800-2000-400

Fax: 022-66554002

Email: [email protected]

Website: http://www.lntmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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