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3 star

L&T Hybrid Equity Fund


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.86 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 1.63 0.42 -0.06 4.30 6.82 23.47 4.74 2.72 6.73 12.88 --
VR Balanced TRI 0.08 0.30 -0.21 5.19 6.02 27.39 3.94 6.66 8.67 10.51 --
Hybrid: Aggressive Hybrid 0.41 0.28 0.19 3.62 5.72 21.75 3.49 2.94 6.80 11.50 --
Rank within category 18 12 30 15 11 13 19 18 13 8 --
Number of funds in category 44 45 45 44 44 44 43 33 26 23 21

As on 21-Oct-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 4.74 2.72 6.73 1.86 5,638
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 0.67 5.39 8.05 1.64 31,226
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 3.56 4.95 8.35 1.92 5,502
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
5 star
Jul-15 6.36 5.92 9.52 1.88 3,735
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 10.09 7.69 9.23 1.99 3,438

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 3.31 16.07 -0.11 -0.11 0.90 -3.96
VR Balanced TRI 7.52 17.40 0.14 0.16 -- --
Hybrid: Aggressive Hybrid 4.10 16.65 -0.05 -0.05 0.90 -3.18
Rank within category 23 16 23 23 18 23
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-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 49
Top 10 Holdings (%) 41.26
Top 5 Holdings (%) 26.77
Top 3 Sectors (%) 43.83
Portfolio P/B Ratio 3.66
Portfolio P/E Ratio 28.58
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
equal 6.45% GOI 2029 GOI Securities SOV 0.06 - 2.60 2.25
equal 7.32% GOI 28/01/2024 GOI Securities SOV 1.38 - 3.93 2.12
up 6.18% GOI 2024 GOI Securities SOV 0.00 - 1.97 1.97
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 1.97 1.97
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.41 - 2.15 1.92
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.39 - 1.42 1.42
equal 5.79% GOI 2030 GOI Securities SOV 0.00 - 1.34 1.34
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 0.66 - 1.07 1.07
equal 7.17% GOI 2028 GOI Securities SOV 0.44 - 0.96 0.96
equal 5.77% GOI 2030 GOI Securities SOV 0.00 - 0.70 0.70
down 9.50% Indusind Bank Bonds AA 0.61 - 0.90 0.66
equal National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 0.60 0.60
new 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.00 - 0.48 0.48
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 0.89 0.47
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.46 - 0.94 0.47
equal Larsen & Toubro 247-D 26/03/2021 Commercial Paper A1+ 0.00 - 0.44 0.44
equal National Bank Agr. Rur. Devp 17/06/2021 Certificate of Deposit A1+ 0.00 - 0.43 0.43
down Power Finance Corp. 358-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.65 0.43
equal 8.40% SIDBI 2021 Debenture AAA 0.26 - 0.38 0.37
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 0.21
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.20 - 0.68 0.21
equal HDFC Bank 28/12/2028 Debenture AAA 0.13 - 0.46 0.21
equal 7.28% Power Finance Corp. 2022 Bonds AAA 0.12 - 0.19 0.19
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 0.19 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

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 33.47 6.48 0.00 6.48
down HDFC Bank Financial 22.98 7.52 3.04 6.26
up Infosys Technology 27.07 6.11 0.00 6.11
equal ICICI Bank Financial 28.07 8.30 1.02 4.53
down Kotak Mahindra Bank Financial 32.17 4.93 1.34 3.39
down Ipca Laboratories Healthcare 28.80 3.18 0.00 3.18
equal Tata Consultancy Services Technology 32.73 5.21 2.04 3.08
equal Divi's Laboratories Healthcare 50.74 2.94 0.00 2.94
up HCL Technologies Technology 19.28 3.73 0.99 2.89
equal HDFC Financial 16.64 4.56 1.51 2.40
equal Hindustan Unilever FMCG 72.68 3.70 0.00 2.28
down Sun Pharmaceutical Inds. Healthcare 161.14 2.28 0.45 1.91
equal SBI Life Insurance Company Financial 53.57 2.04 0.00 1.91
equal The Ramco Cements Construction 35.16 2.33 1.50 1.88
down Trent Services -- 2.37 0.84 1.75
equal Larsen & Toubro Construction 15.63 4.99 1.67 1.73
down Bharti Airtel Communication -- 5.67 1.03 1.61
equal Emami FMCG 52.99 1.44 0.72 1.44
equal Dabur India FMCG 63.10 1.31 0.00 1.31
equal PI Industries Chemicals 65.82 1.22 0.00 1.22
equal Torrent Pharmaceuticals Healthcare 40.77 1.12 0.00 1.12
down Supreme Industries Chemicals 43.56 1.56 0.00 1.04
down Abbott India Healthcare 51.32 1.40 0.00 1.03
down Tata Consumer Products FMCG 85.02 1.40 0.00 1.02
equal Ultratech Cement Construction 22.18 1.01 0.00 1.01

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 30-Sep-2020

*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:


0.42%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 27.5860

Dividend Yearly: ₹ 12.7550

Dividend: ₹ 20.0990


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: 11.02%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,638 Cr (As on 30-Sep-2020)
Expense: 1.86% (As on 30-Sep-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 61.08%

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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