L&T Hybrid Equity Fund Direct Plan Growth Option
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Moderately High risk|
|Fund Type||Aggressive Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|ICICI Bank Ltd||8.09%|
|HDFC Bank Ltd||6.09%|
|Reliance Industries Ltd Shs Dematerialised||5.03%|
|Housing Development Finance Corp Ltd||3.46%|
|Tata Consultancy Services Ltd||3.14%|
|Larsen & Toubro Ltd Shs Dematerialised||2.7%|
|HCL Technologies Ltd Shs Dematerialised||2.58%|
|6.45% Govt Stock 2029||2.36%|
|7.32% Govt Stock 2024||2.21%|
About L&T Hybrid Equity Fund - Direct Plan - Growth
The main intention of the scheme is to provide investors with returns in the form of long-term capital gains by investing in securities across both equity and debt markets. This fund is suitable for those looking to diversify their portfolio across a variety of instruments.
Pros and Cons of L&T Hybrid Equity Fund - Direct Plan - Growth
The most significant benefit of investing in this fund is that you gain exposure to a variety of instruments. The fund manager invests across both equity and fixed-income securities. Thereby, avoiding the risk of concentration and providing the benefit of diversification. On the flip side, the fund may not be suitable for risk-averse investors.
Fund Information and Statistics
i) Inception/Launch Date
L&T Hybrid Equity Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T Hybrid Equity Fund - Direct Plan - Growth is classified under the ‘moderately high risk’ class of mutual funds.
Since L&T Hybrid Equity Fund - Direct Plan - Growth is open-ended, you can redeem your investments at any time.
iv) Fund Manager
Mr Shriram Ramanathan and Mr Venugopal Manghat are the current fund managers of L&T Hybrid Equity Fund - Direct Plan - Growth.
v) Entry/Exit Load
An exit load of 1% is applicable to the units in excess of 10% if redeemed within one year from the date of allotment. There is no entry load as per the regulations of the Securities and Exchange Board of India (SEBI).
About Fund House
L&T Mutual Fund was incorporated on 25 April 1996 with L&T Finance Holdings Limited as its sponsors. The fund house registered with the Securities and Exchange Board of India (SEBI) with L&T Mutual Fund Trustee Limited as its trustee. As of June 2020, the fund house had assets worth Rs 58,361.93 crore under its management.
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Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns