About L&T Conservative Hybrid Fund Direct-Dividend monthly
L&T Conservative Hybrid Fund Direct-Dividend monthly is a Balanced
mutual fund scheme from L&T Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Jalpan Shah
and Venugopal Manghat
. It has an AUM of ₹35.90 Crores and the latest NAV decalared is ₹11.725 as on 19 Nov 2019 at 10:30 pm.
L&T Conservative Hybrid Fund Direct-Dividend monthly scheme return performance in last 1 year is 10.45%, in last 3 years is 21.87% and 70.67% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.