Fund Features

Scheme Classification

An open ended hybrid scheme investing predominantly in equity and equity related instruments

 

Objective

To seek 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.

Inception date

February 7, 2011

Fund Managers

Mr. S. N. Lahiri (investments in equity and equity related instruments)
Mr. Shriram Ramanathan (investments in debt and debt related instruments)
Mr. Karan Desai (for investments in Foreign Securities)

Benchmark index

70% - S&P BSE 200 TRI Index + 30% CRISIL Short Term Bond Fund Index

 

SIP availability

Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)

Annual Recurring Expenses (Regular Plan)

1.66% (As on 31st May 2019)

Click here to view daily TER

Annual Recurring Expenses (Direct Plan)

0.77%  (As on 31st May 2019)

Click here to view daily TER

Note:

The above ratio includes 5 bps of additional expenses.

 

Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and GST on investment management fees are also being charged.

 

 

Entry Load

NIL

Exit Load

If the units redeemed or switched out are upto 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: Nil

If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1 % of Applicable NAV

 

If units are redeemed or switched out on or after 1 year from the date of allotment: NIL

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption.

 

No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme.

 

No Exit Load will be chargeable in respect of redemption/switch out of
(i) Units allotted on account of dividend re-investments; and
(ii) Units issued by way of bonus, if any.

 

Minimum Initial Application Amount

Rs. 5,000 per application

Minimum Additional Application Amount

Rs. 1000 per application

Minimum Amount/Number of Units for Redemption

Rs. 500 or 50 Units.

SHOW MORE

NAV

L&T Hybrid Equity Fund (Formerly known as L&T India Prudence Fund)
Regular, Growth
SHOW MORE

Asset Allocation

Asset Allocation is represented as:
Instruments
Indicative Allocation (% of net assets) Risk Profile
Maximum Minimum

Equity and Equity related securities

75% 65%
Medium to High

Debt and Money Market Instruments including units of debt/fi xed income schemes launched by mutual funds registered with SEBI *

35%
25%
Low to Medium

*includes investments in securitized debt up to 35% of net assets

SHOW MORE

Risk Factor

This product is suitable for investors who are seeking*

 

Long term capital appreciation and generation of reasonable returns

Investment in equity and equity-related securities and debt and money market instruments.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

 

SHOW MORE