About L&T Hybrid Equity Fund Direct-Dividend
L&T Hybrid Equity Fund Direct-Dividend 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 Shriram Ramanathan
and Soumendra Nath Lahiri
. It has an AUM of ₹8,219.77 Crores and the latest NAV decalared is ₹21.357 as on 18 Oct 2019 at 9:25 pm.
L&T Hybrid Equity Fund Direct-Dividend scheme return performance in last 1 year is 7.39%, in last 3 years is 24.14% and 143.87% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
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.