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3 star

L&T Hybrid Equity Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.59 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.05 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 23.94 -1.36 -1.06 3.33 9.37 18.84 39.36 16.71 12.74 13.65 --
VR Balanced TRI 27.51 -1.01 0.52 4.36 15.01 24.86 46.69 20.09 15.64 13.06 --
Hybrid: Aggressive Hybrid 29.45 -0.96 -0.35 3.52 11.21 23.96 48.62 19.41 13.99 13.52 --
Rank within category 40 42 41 23 39 45 38 33 21 12 --
Number of funds in category 48 49 49 49 49 49 47 39 30 26 0

As on 20-Oct-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 - Direct Plan  | Invest Online
3 star
Jan-13 39.36 16.71 12.74 0.88% 5,460
ICICI Prudential Equity & Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 78.16 22.13 16.72 1.27% 18,653
DSP Equity & Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 48.05 22.74 14.69 0.87% 7,563
Canara Robeco Equity Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 41.61 21.89 15.90 0.67% 6,746
Mirae Asset Hybrid Equity Fund - Direct Plan  | Invest Online
5 star
Jul-15 44.87 21.07 16.61 0.38% 6,109

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.31 24-Mar-2020 - 31-Mar-2020 -15.03 11-Mar-2020 - 18-Mar-2020
Month 16.57 23-Mar-2020 - 22-Apr-2020 -29.75 20-Feb-2020 - 23-Mar-2020
Quarter 26.57 23-Mar-2020 - 22-Jun-2020 -28.37 23-Dec-2019 - 23-Mar-2020
Year 67.59 23-Mar-2020 - 23-Mar-2021 -23.72 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.13 16.11 0.69 0.74 0.86 -0.46
VR Balanced TRI 17.41 18.03 0.75 0.87 -- --
Hybrid: Aggressive Hybrid 17.53 17.01 0.81 0.86 0.89 1.56
Rank within category 35 15 35 32 16 36
Number of funds in category 41 41 41 41 41 41

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Holdings (%) 36.24
Top 5 Holdings (%) 23.80
Top 3 Sectors (%) 41.15
Portfolio P/B Ratio 4.09
Portfolio P/E Ratio 29.11
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 6.18% GOI 2024 GOI Securities SOV 1.92 - 2.53 2.53
equal 7.32% GOI 28/01/2024 GOI Securities SOV 2.12 - 2.23 2.16
equal 7.27% GOI 2026 GOI Securities SOV 1.91 - 2.06 2.01
equal 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 1.86 1.86
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.85 1.85
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 1.90 1.85
equal Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 1.82 1.82
new 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 1.01 1.01
up 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 0.74 0.74
new 8.88% Export-Import Bank 18/10/2022 Bonds AAA 0.00 - 0.52 0.52
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 0.51 0.51
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 0.00 - 0.51 0.49
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.48 - 0.52 0.49
equal 7.17% GOI 2028 GOI Securities SOV 0.48 - 1.01 0.49
equal 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 0.00 - 0.47 0.47
new 7.10% Power Finance Corporation 2022 Bonds/NCDs AAA 0.00 - 0.47 0.47
equal 5.79% GOI 2030 GOI Securities SOV 0.44 - 1.37 0.45
new 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.00 - 0.30 0.30
new HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 0.29 0.29
equal 6.70% Tamilnadu State 16/10/2024 State Development Loan SOV 0.28 - 0.30 0.29
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 0.28 0.28
equal HDFC Bank 28/12/2028 Debenture AAA 0.20 - 0.22 0.22
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.21 - 0.24 0.22
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.19 - 2.02 0.20
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.19 - 0.20 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
down ICICI Bank Financial 26.23 9.70 3.96 6.63
equal HDFC Bank Financial 27.18 7.52 3.98 5.03
equal Infosys Technology 35.31 6.11 0.00 4.87
down State Bank of India Financial 17.95 4.57 0.00 3.89
equal Sun Pharmaceutical Industries Healthcare 32.67 3.38 0.92 3.38
equal HDFC Financial 25.49 3.94 1.51 2.83
up KPR Mills Textiles 24.46 2.58 0.44 2.58
down The Ramco Cements Construction 27.51 2.82 1.55 2.28
equal Ultratech Cement Construction 32.27 2.32 0.00 2.22
equal Sona BLW Precision Forgings Automobile 169.44 2.22 0.00 2.22
equal Tata Steel Metals 7.60 2.34 0.00 2.10
equal Bajaj Finance Financial 104.71 1.85 0.00 1.85
equal Tata Consultancy Services Technology 35.73 5.21 1.47 1.79
up Varun Beverages FMCG 62.87 1.77 0.00 1.77
equal PI Industries Chemicals 61.01 1.87 0.00 1.77
equal Motherson Sumi Systems Automobile 33.89 1.75 0.00 1.75
equal Oracle Fin Ser Software Technology 21.74 1.75 0.00 1.66
up Gland Pharma Healthcare 59.01 1.62 0.00 1.62
equal Honeywell Automation Engineering 83.03 1.57 0.00 1.57
down Godrej Properties Construction -- 2.29 0.00 1.49
equal Coforge Technology 66.15 1.44 0.00 1.44
equal Hindalco Inds. Metals 15.91 1.31 0.00 1.31
equal Divi's Laboratories Healthcare 67.35 2.94 0.00 1.23
up Minda Industries Automobile 62.66 1.21 0.00 1.21
equal Reliance Industries Energy 36.84 6.48 1.05 1.18

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-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:


-0.56%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 41.1960

IDCW Yearly: ₹ 17.8310

IDCW: ₹ 29.5070


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: 01-Jan-2013
Return Since Launch: 15.58%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,460 Cr (As on 30-Sep-2021)
Expense: 0.88% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 67.40%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Sep-20210.1500

 23-Aug-20210.1500
 23-Jul-20210.1500
 23-Jun-20210.1500
 24-May-20210.1400
 23-Apr-20210.1400
 23-Mar-20210.1400
 23-Feb-20210.1400
 22-Jan-20210.1300
 23-Dec-20200.1100
 25-Nov-20200.1100
 01-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
IDCW Yearly26-Mar-20210.7500

 22-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: 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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