August 9, 2022
mayank
L&T Hybrid Equity Fund Guidance
NAV Growth : Rs 39.7420
NAV IDCW Yearly : Rs 16.2600
NAV IDCW : Rs 26.8530
Suitable For Which Investors ?
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.
Fund’s 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.
Fund Manager :
— Cheenu Gupta
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.
— Venugopal Manghat
Education : Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience : Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
— Shriram Ramanathan
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 500 |
| Min. Balance (Rs) | 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-13 |
| Return Since Launch: | 13.70% |
| Benchmark: | NIFTY 50 Hybrid Composite Debt 65:35 |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 4,322 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.91% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Below Average |
| Turnover: | 67.68% |
L&T Hybrid Equity Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| L&T Hybrid Equity Direct-G | -4.42 | 0.38 | 0.7 | 6.55 | 3.88 | -1.21 | 1.91 | 13.6 | 8.57 | 9.74 | — |
| VR Balanced TRI | 1.86 | 0.67 | 1 | 7.28 | 6.86 | 2.34 | 8.45 | 15.91 | 12.11 | 11.25 | — |
| Hybrid: Aggressive Hybrid | -0.24 | 0.43 | 0.73 | 5.9 | 5.9 | 0.67 | 6.01 | 16.39 | 10.88 | 10.99 | — |
| Rank within category | 44 | 31 | 24 | 9 | 43 | 41 | 42 | 35 | 26 | 17 | — |
| Number of funds in category | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 43 | 31 | 25 | 0 |
L&T Hybrid Equity Fund Guidance 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 | 2 star | Jan-13 | 1.91 | 13.6 | 8.57 | 0.91 | 4,322 |
| SBI Equity Hybrid Fund | 4 star | Jan-13 | 7.52 | 15.9 | 12.37 | 0.85 | 48,908 |
| ICICI Prudential Equity & Debt Fund | 5 star | Jan-13 | 16.75 | 21.59 | 14.37 | 1.25 | 18,587 |
| Canara Robeco Equity Hybrid Fund | 4 star | Jan-13 | 5.63 | 17.99 | 12.89 | 0.61 | 8,033 |
| Mirae Asset Hybrid Equity Fund | 4 star | Jul-15 | 5.41 | 16.7 | 12.61 | 0.42 | 6,396 |
Portfolio Analysis
| Number of Stocks | 50 |
| Top 10 Holdings (%) | 38.2 |
| Top 5 Holdings (%) | 24.13 |
| Top 3 Sectors (%) | 38.22 |
| Portfolio P/B Ratio | 4.09 |
| Portfolio P/E Ratio | 28.33 |
| Avg Credit Rating | AAA |
L&T Hybrid Equity Fund Guidance by Chanakya :
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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