VR Logo

3 star

L&T Hybrid Equity Fund


1 Lakh

Investment Grown to
₹ 1.46 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.95 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 21.30 0.03 0.48 4.79 9.23 17.51 44.90 13.43 11.43 12.17 14.84
VR Balanced TRI 25.01 0.15 1.37 6.65 11.86 20.65 55.89 17.30 14.92 12.56 13.93
Hybrid: Aggressive Hybrid 26.40 -0.08 0.67 5.72 10.51 20.79 52.60 15.99 12.73 12.19 13.93
Rank within category 37 10 32 39 34 39 37 34 22 15 8
Number of funds in category 49 50 50 50 50 50 47 40 31 27 24

As on 24-Sep-2021

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 44.90 13.43 11.43 1.89 5,519
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 52.38 17.81 13.96 1.62 45,748
ICICI Prudential Equity & Debt Fund  | Invest Now
4 star
Nov-99 72.60 17.75 14.48 1.80 17,880
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 54.24 19.37 13.60 1.87 7,516
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 47.99 18.84 14.57 1.93 6,493

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 65.87 23-Mar-2020 - 23-Mar-2021 -24.50 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.54 16.71 0.45 0.48 0.88 -1.90
VR Balanced TRI 14.75 18.44 0.58 0.69 -- --
Hybrid: Aggressive Hybrid 13.56 17.66 0.54 0.59 0.91 -0.19
Rank within category 33 13 32 31 15 32
Number of funds in category 40 40 40 40 40 40

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

As on 31-Aug-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 43
Top 10 Holdings (%) 39.92
Top 5 Holdings (%) 27.34
Top 3 Sectors (%) 44.54
Portfolio P/B Ratio 3.97
Portfolio P/E Ratio 28.01
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.18% GOI 2024 GOI Securities SOV 1.92 - 2.51 2.50
equal 7.32% GOI 28/01/2024 GOI Securities SOV 2.12 - 2.23 2.14
equal 7.27% GOI 2026 GOI Securities SOV 1.91 - 2.06 1.97
equal 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 1.85 1.84
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 1.90 1.83
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.83 1.83
equal Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 1.82 1.79
equal 8.89% Telangana State 16/10/2024 State Development Loan SOV 0.00 - 0.64 0.62
down 9.37% State Bank of India Additional Tier 1 Bond AA+ 0.57 - 1.08 0.57
equal 8.88% Andhra Pradesh State 16/10/2024 State Development Loan SOV 0.00 - 0.54 0.52
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 0.51 0.50
equal 7.17% GOI 2028 GOI Securities SOV 0.48 - 1.01 0.48
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.48 - 0.52 0.48
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 0.00 - 0.51 0.48
equal 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 0.00 - 0.47 0.47
equal 5.60% Maharashtra State 2024 State Development Loan SOV 0.00 - 0.48 0.47
equal 5.79% GOI 2030 GOI Securities SOV 0.44 - 1.37 0.45
equal 6.70% Tamilnadu State 16/10/2024 State Development Loan SOV 0.00 - 0.30 0.29
new 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 0.29 0.29
new 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 0.27 0.27
equal 9.56% State Bank of India Additional Tier 1 Bond AA+ 0.22 - 0.24 0.24
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.21 - 0.24 0.22
equal HDFC Bank 28/12/2028 Debenture AAA 0.20 - 0.21 0.21
equal 8.87% Himachal Pradesh State 16/10/2024 State Development Loan SOV 0.00 - 0.21 0.21
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.19 - 2.02 0.19

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 25.04 9.70 3.60 9.70
down HDFC Bank Financial 27.01 7.52 3.98 4.93
equal Infosys Technology 36.51 6.11 0.00 4.90
up State Bank of India Financial 15.73 4.57 0.00 4.57
equal Sun Pharmaceutical Industries Healthcare 30.76 3.24 0.92 3.24
up HDFC Financial 25.45 3.94 1.51 2.85
equal The Ramco Cements Construction 27.31 2.82 1.55 2.57
up Tata Steel Metals 7.36 2.34 0.00 2.34
equal Ultratech Cement Construction 34.50 2.32 0.00 2.32
equal KPR Mills Textiles 25.52 2.29 0.44 2.13
up Sona BLW Precision Forgings Automobile 151.39 1.98 0.00 1.98
up PI Industries Chemicals 62.50 1.87 0.00 1.87
up Bajaj Finance Financial 105.49 1.79 0.00 1.79
equal Tata Consultancy Services Technology 41.59 5.21 1.47 1.77
equal Oracle Fin Ser Software Technology 22.46 1.75 0.00 1.69
down Larsen & Toubro Construction 19.94 4.99 1.67 1.68
up Motherson Sumi Systems Automobile 33.19 1.67 0.00 1.67
down Emami FMCG 52.95 2.19 0.72 1.62
new Coforge Technology 68.48 1.42 0.00 1.42
new Honeywell Automation Engineering 86.26 1.34 0.00 1.34
equal Gland Pharma Healthcare 63.38 1.36 0.00 1.33
equal Divi's Laboratories Healthcare 66.09 2.94 0.00 1.31
equal Hindalco Inds. Metals 15.40 1.24 0.00 1.24
down Godrej Properties Construction -- 2.29 0.00 1.18
equal Supreme Industries Chemicals 25.93 1.56 0.90 1.06

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-2021

Fund Manager

— Cheenu Gupta since 02-Jul-2021

Education: Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)

Experience: Prior to joining L&T Mutual Fund, she has worked with Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. 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:


0.03%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 37.3900

IDCW Yearly: ₹ 16.4660

IDCW: ₹ 25.7500


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
Lock-in Period Not Applicable
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: 13.20%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,519 Cr (As on 31-Aug-2021)
Expense: 1.89% (As on 31-Aug-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 66.10%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Sep-20210.1300

 23-Aug-20210.1300
 23-Jul-20210.1300
 23-Jun-20210.1300
 24-May-20210.1200
 23-Apr-20210.1200
 23-Mar-20210.1200
 23-Feb-20210.1200
 22-Jan-20210.1200
 23-Dec-20200.1000
 25-Nov-20200.1000
 01-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
IDCW Yearly26-Mar-20210.7000

 22-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

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM