About L&T Hybrid Equity Fund Direct-Growth
L&T Hybrid Equity Fund Direct-Growth 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 ₹7,895.09 Crores and the latest NAV decalared is ₹28.741 as on 09 Dec 2019 at 9:50 pm.
L&T Hybrid Equity Fund Direct-Growth scheme return performance in last 1 year is 8.06%, in last 3 years is 31.44% and 148.09% 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.