About L&T Conservative Hybrid Fund Direct - Dividend Monthly Reinvestment
L&T Conservative Hybrid Fund Direct - Dividend Monthly Reinvestment 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 ₹32.40 Crores and the latest NAV decalared is ₹11.474 as on 03 Jul 2020 at 10:29 pm.
L&T Conservative Hybrid Fund Direct - Dividend Monthly Reinvestment scheme return performance in last 1 year is 4.94%, in last 3 years is 17.88% and 73.88% 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.