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3 star

L&T Hybrid Equity Fund


Hybrid: Aggressive Hybrid

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.51 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than 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 its sharp ups and downs.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -7.94 0.47 0.99 3.95 22.29 -8.47 -6.66 0.40 5.16 12.28 --
VR Balanced TRI -9.65 0.43 1.83 4.59 25.14 -10.04 -7.15 5.06 6.16 9.86 --
Hybrid: Aggressive Hybrid -8.41 0.43 1.18 4.20 20.30 -8.82 -6.49 1.28 4.79 10.82 --
Rank within category 19 18 32 24 9 19 22 21 12 10 --
Number of funds in category 44 44 44 44 44 44 41 33 25 23 21

As on 03-Jul-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 -6.66 0.40 5.16 1.89 5,642
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 -2.81 5.70 7.06 1.74 28,583
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 -9.07 1.94 6.24 1.75 17,423
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 -0.30 4.10 7.15 1.89 5,406
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
4 star
Jul-15 -4.27 5.09 -- 1.91 3,274

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 1.37 15.88 -0.25 -0.26 0.89 -4.47
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Aggressive Hybrid 2.29 16.30 -0.18 -0.19 0.90 -3.56
Rank within category 22 15 23 23 19 22
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Holdings (%) 40.48
Top 5 Holdings (%) 26.67
Top 3 Sectors (%) 40.28
Portfolio P/B Ratio 3.08
Portfolio P/E Ratio 23.10

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 - 2.35 1.75
equal 7.32% GOI 28/01/2024 GOI Securities SOV 1.32 - 3.93 1.43
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.33 - 1.38 1.35
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 0.66 - 1.00 0.97
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 0.97 0.96
equal 7.17% GOI 2028 GOI Securities SOV 0.43 - 0.96 0.95
up 7.26% GOI 14/01/2029 GOI Securities SOV 0.41 - 2.23 0.95
equal HPCL 14/08/2024 Debenture AAA 0.00 - 0.94 0.93
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.88 - 1.50 0.92
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.56 - 0.94 0.91
equal 6.44% Indian Oil Corp. 14/04/2023 Debenture AAA 0.00 - 0.94 0.91
new 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 0.90 0.90
equal 9.50% Indusind Bank Bonds AA 0.67 - 0.90 0.77
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.39 - 0.68 0.66
equal 8.45% IRFC 2028 Debenture AAA 0.29 - 0.50 0.49
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 0.09 - 0.49 0.48
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 0.48 0.47
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.28 - 0.47 0.46
equal 8.05% Power Finance Corp. 27/04/2021 Debenture AAA 0.28 - 0.47 0.45
equal 8.50% NHPC 14/07/2020 Bonds/Debentures AAA 0.28 - 0.47 0.45
equal 6.83% REC 29/06/2020 Debenture AAA 0.27 - 0.46 0.44
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 0.44 0.44
equal 8.18% National Bank Agr. Rur. Devp 26/12/2028 Debenture AAA 0.00 - 0.40 0.39
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 0.39 0.38
equal 8.40% SIDBI 2021 Debenture AAA 0.26 - 0.38 0.37

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
down HDFC Bank Financial 21.64 7.52 3.04 6.47
up Bharti Airtel Communication -- 5.67 0.00 5.67
up Reliance Industries Energy 30.71 5.39 0.00 5.37
down ICICI Bank Financial 24.44 8.30 1.02 4.70
equal Kotak Mahindra Bank Financial 31.17 4.93 1.34 4.46
equal Infosys Technology 19.57 3.37 0.00 3.36
equal Hindustan Unilever FMCG 75.58 3.70 0.00 2.96
down Larsen & Toubro Construction 13.89 4.99 2.64 2.64
equal Tata Consultancy Services Technology 25.51 5.21 0.77 2.44
equal Divi's Laboratories Healthcare 42.24 2.41 0.00 2.41
equal Ipca Laboratories Healthcare 34.65 2.50 0.00 2.38
equal HDFC Financial 15.26 4.56 1.51 2.04
equal Sun Pharmaceutical Inds. Healthcare 30.39 2.28 0.45 2.04
equal SBI Life Insurance Company Financial 59.35 1.90 0.00 1.90
equal Trent Services 179.34 2.37 0.00 1.84
equal HCL Technologies Technology 14.21 3.73 0.00 1.76
equal The Ramco Cements Construction 25.00 2.33 1.23 1.75
equal Colgate-Palmolive FMCG 46.04 2.33 0.00 1.62
down Supreme Industries Chemicals 30.84 1.56 0.00 1.41
equal Abbott India Healthcare 56.13 1.40 0.00 1.36
equal Dabur India FMCG 57.14 1.22 0.00 1.20
equal Shree Cement Construction 53.77 1.13 0.00 1.13
up Torrent Pharmaceuticals Healthcare 39.53 1.04 0.00 1.04
equal Ultratech Cement Construction 19.29 0.97 0.00 0.97
down ICICI Securities Financial 29.22 1.31 0.00 0.96

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-May-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:


0.47%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 24.9890

Dividend Yearly: ₹ 11.5540

Dividend: ₹ 18.2070


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: 10.22%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,642 Cr (As on 31-May-2020)
Expense: 1.89% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 60.93%

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

Last Session

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dateSaturday, 04-Jul-2020
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