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L&T Hybrid Equity Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.33 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.90 Lakh

Analyst's Choice?

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 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 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 6.72 1.23 6.53 7.38 9.91 9.69 --
VR Balanced TRI 11.73 1.73 7.83 12.51 13.53 8.99 --
Hybrid: Aggressive Hybrid 8.23 1.26 6.58 9.08 10.09 8.89 --
Rank within category 27 25 24 27 16 9 --
Number of funds in category 39 43 43 38 31 25 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 14.92 (07-May-2014 - 06-Jun-2014) -9.71 (07-Sep-2018 - 09-Oct-2018)
Quarter 21.72 (10-Mar-2014 - 09-Jun-2014) -9.51 (30-Nov-2015 - 29-Feb-2016)
Year 60.73 (13-Feb-2014 - 13-Feb-2015) -8.75 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.67 9.71 0.40 0.62 0.86 -2.46
VR Balanced TRI 13.17 10.29 0.72 1.14 -- --
Hybrid: Aggressive Hybrid 9.99 10.09 0.42 0.69 0.86 -2.16
Rank within category 18 12 16 19 16 19
Number of funds in category 32 32 32 32 32 32

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

As on 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 41
Top 10 Holdings (%) 45.11
Top 5 Holdings (%) 28.14
Top 3 Sectors (%) 50.25
Portfolio P/B Ratio 3.43
Portfolio P/E Ratio 28.01

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
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 3.03 3.03
equal Tata Power 88-D 06/12/2019 Commercial Paper A1+ 0.00 - 2.53 2.53
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 1.90 1.90
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 1.31 1.31
equal 9.50% Indusind Bank Bonds AA 0.00 - 0.80 0.80
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 0.66 - 0.94 0.70
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.50 - 0.66 0.66
down 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 2.23 0.66
equal HPCL 14/08/2024 Debenture AAA 0.00 - 0.64 0.64
down 8.65% National Bank Agr. Rur. Devp 2028 Debenture AAA 0.46 - 0.59 0.55
equal State Bank of India 2056 Debenture AA+ 0.36 - 0.63 0.48
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 0.47 0.47
equal 7.17% GOI 2028 GOI Securities SOV 0.43 - 1.81 0.46
equal JSW Steel 90-D 16/12/2019 Commercial Paper A1+ 0.00 - 0.44 0.44
equal Sundaram Finance 2022 Debenture AAA 0.29 - 0.41 0.41
down 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.29 - 1.17 0.39
equal 8.45% IRFC 2028 Debenture AAA 0.25 - 0.34 0.34
equal 8.08% GOI 2022 Central Government Loan SOV 0.25 - 0.33 0.33
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.25 - 0.33 0.33
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 0.00 - 0.33 0.33
equal 8.15% GOI 2022 Central Government Loan SOV 0.26 - 0.33 0.33
equal 8.05% Power Finance Corp. 27/04/2021 Debenture AAA 0.24 - 0.32 0.32
equal 8.50% NHPC 14/07/2020 Bonds/Debentures AAA 0.25 - 0.32 0.32
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 0.32 0.32
equal 6.83% REC 29/06/2020 Debenture AAA 0.24 - 0.32 0.32

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 ICICI Bank Financial 67.66 8.09 1.02 8.09
down HDFC Bank Financial 29.57 7.18 1.76 7.18
equal Kotak Mahindra Bank Financial 39.32 4.72 0.82 4.72
down Larsen & Toubro Construction 19.37 4.99 2.33 4.08
down Tata Consultancy Services Technology 23.99 5.21 0.77 4.07
down Reliance Industries Energy 23.90 4.05 0.00 3.87
equal Axis Bank Financial 47.71 3.89 0.00 3.67
down HCL Technologies Technology 14.61 3.45 0.00 3.42
down Bharti Airtel Communication 3.09 0.00 2.98
down Colgate-Palmolive FMCG 50.01 2.33 0.00 2.24
equal Hindustan Unilever FMCG 65.92 2.14 0.00 2.09
equal HDFC Financial 33.50 4.56 0.00 2.02
down The Ramco Cements Construction 29.17 2.33 1.02 1.82
up Sun Pharmaceutical Inds. Healthcare 24.31 2.28 0.45 1.57
equal Mphasis Technology 14.90 2.30 0.65 1.56
down Future Retail Services 22.64 2.61 0.67 1.52
down Trent Services 117.70 1.51 0.00 1.48
equal Infosys Technology 19.54 2.23 0.00 1.47
down SBI Life Insurance Company Financial 79.64 1.55 0.00 1.47
equal Supreme Industries Chemicals 33.21 1.22 0.00 1.17
equal ICICI Securities Financial 24.24 1.17 0.00 1.17
equal Lupin Healthcare 109.13 1.44 0.37 1.16
equal Emami FMCG 42.74 1.22 0.46 1.01
down Bharat Electronics Engineering 14.16 1.26 0.58 0.96
equal NTPC Energy 9.75 1.37 0.00 0.90

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-Nov-2019

Fund Manager

— 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:

— Soumendra Nath Lahiri since 01-Jan-2013

Education: Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.

Experience: Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Mutual Fund.

Interviews:

Funds Managed:


0.50%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 28.8870

Dividend Yearly: ₹ 13.1290

Dividend: ₹ 21.9000


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: 01-Jan-2013
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 7,895 Cr (As on 30-Nov-2019)
Expense: 0.69% (As on 30-Nov-2019)
Risk Grade: Below Average
Return Grade: Average
Turnover: --

Most Recent Dividends

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

 23-Apr-20190.1062
 10-Dec-20180.1062
 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-20190.6641

 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: 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

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM