MF Gyan
hybridHigh risk14 years oldAccelerating recently (last 6m ≈ 23% p.a.)

L&T Hybrid Equity Fund - Direct Plan-Growth

Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From L&T Mutual Fund. It's been running since 2 Jan 2013.

Latest price per unit
₹40.9863
▲ 0.63% today
As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.00 L
▲ ₹344 gain · 0.3% / year
Invested 3 years ago
₹1.43 L
▲ ₹43.0k gain · 12.7% / year
Invested 5 years ago
₹1.49 L
▲ ₹49.4k gain · 8.4% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.20 L
Gain / loss+₹39.5k
XIRR (annualised)13.50%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.23 L
Projected gain*+₹42.9k
*at this fund's historical rate of 13.50% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 56 other funds in Hybrid Scheme - Aggressive Hybrid Fund

Same plan
1-year return
0.34%median 6.73% (-6.39%)
Rank #41 of 57Beats 29% of peers
3-year return
12.66%median 11.87% (+0.79%)
Rank #27 of 57Beats 53% of peers
5-year return
8.36%median 11.52% (-3.16%)
Rank #30 of 57Beats 37% of peers
Bumpiness (3Y)
16.60%median 11.69% (+4.91%)
Rank #48 of 57Less risky than 16% of peers
Worst-ever drop
-30.00%median -29.52% (-0.48%)
Rank #29 of 57Less risky than 50% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 7 years were positive.

+5%
2016
+28%
2017
-3%
2018
+7%
2019
+15%
2020
+24%
2021
-3%
2022
Best year
2017 · 28.32%
Worst year
2018 · -2.54%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
16.6%

The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-30.00%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T Hybrid Equity Fund - Direct Plan-Growth against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year0.34%
CAGR — 3 years12.66%
CAGR — 5 years8.36%
CAGR — since launch13.63%
Volatility — 1 year (annualised)14.31%
Volatility — 3 years (annualised)16.60%
Max drawdown — 1 year-17.64%
Max drawdown — 3 years-30.00%
Sharpe ratio — 1 year (rf=6%)-0.39
Sharpe ratio — 3 years (rf=6%)0.35

Fund info

Fund house
L&T Mutual Fund
Category
Hybrid Scheme - Aggressive Hybrid Fund
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
119347
First price on record
2 Jan 2013 · 2,420 daily prices

About L&T Hybrid Equity Fund - Direct Plan-Growth

L&T Hybrid Equity Fund - Direct Plan-Growth is a Hybrid Scheme - Aggressive Hybrid Fund offered by L&T Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

The current NAV of L&T Hybrid Equity Fund - Direct Plan-Growth is ₹40.9863 (as of 24 Nov 2022). Historically, it has delivered 0.34% over the last year, 12.66% CAGR over 3 years, 8.36% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 30.0%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T Hybrid Equity Fund - Direct Plan-Growth?+

The latest NAV of L&T Hybrid Equity Fund - Direct Plan-Growth is ₹40.9863 as of 24 Nov 2022, up 0.63% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T Hybrid Equity Fund - Direct Plan-Growth?+

L&T Hybrid Equity Fund - Direct Plan-Growth has delivered 1-year return 0.34%, 3-year CAGR 12.66%, 5-year CAGR 8.36%, since-inception CAGR 13.63%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T Hybrid Equity Fund - Direct Plan-Growth belong to?+

L&T Hybrid Equity Fund - Direct Plan-Growth is categorised as Hybrid Scheme - Aggressive Hybrid Fund. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

How risky is L&T Hybrid Equity Fund - Direct Plan-Growth?+

Based on its 3-year annualised volatility of 16.6%, L&T Hybrid Equity Fund - Direct Plan-Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T Hybrid Equity Fund - Direct Plan-Growth a direct plan?+

L&T Hybrid Equity Fund - Direct Plan-Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is L&T Hybrid Equity Fund - Direct Plan-Growth?+

L&T Hybrid Equity Fund - Direct Plan-Growth has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 2,420 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.