About L&T Hybrid Equity Fund Direct - Dividend Payout
L&T Hybrid Equity Fund Direct - Dividend Payout 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 Venugopal Manghat
. It has an AUM of ₹7,367.57 Crores and the latest NAV decalared is ₹22.289 as on 24 Feb 2020 at 10:55 pm.
L&T Hybrid Equity Fund Direct - Dividend Payout scheme return performance in last 1 year is 12.58%, in last 3 years is 25.58% and 154.51% 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.