MF Gyan
hybridModerate risk14 years oldSteady vs its 3-year pace

L&T Equity Savings 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
₹25.4455
▲ 0.17% 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
₹1.04 L
▲ ₹3.6k gain · 3.6% / year
Invested 3 years ago
₹1.36 L
▲ ₹36.4k gain · 10.9% / year
Invested 5 years ago
₹1.44 L
▲ ₹43.9k gain · 7.5% / 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₹2.13 L
Gain / loss+₹33.0k
XIRR (annualised)11.38%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.15 L
Projected gain*+₹35.4k
*at this fund's historical rate of 11.38% 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 73 other funds in Hybrid Scheme - Equity Savings

Same plan
1-year return
3.60%median 4.08% (-0.48%)
Rank #46 of 74Beats 38% of peers
3-year return
10.90%median 7.34% (+3.55%)
Rank #11 of 74Beats 85% of peers
5-year return
7.55%median 6.80% (+0.75%)
Rank #22 of 74Beats 63% of peers
Bumpiness (3Y)
8.28%median 5.65% (+2.63%)
Rank #58 of 74Less risky than 22% of peers
Worst-ever drop
-18.13%median -16.70% (-1.43%)
Rank #28 of 74Less risky than 63% 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. 7 of last 7 years were positive.

+5%
2016
+15%
2017
+0%
2018
+5%
2019
+12%
2020
+17%
2021
+3%
2022
Best year
2021 · 16.78%
Worst year
2018 · 0.20%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
8.3%

The value swings roughly 8% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-18.13%

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 Equity Savings Fund - Direct Plan-Growth against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year3.60%
CAGR — 3 years10.90%
CAGR — 5 years7.55%
CAGR — since launch8.74%
Volatility — 1 year (annualised)4.74%
Volatility — 3 years (annualised)8.28%
Max drawdown — 1 year-5.03%
Max drawdown — 3 years-18.13%
Sharpe ratio — 1 year (rf=6%)-0.51
Sharpe ratio — 3 years (rf=6%)0.53

Fund info

Fund house
L&T Mutual Fund
Category
Hybrid Scheme - Equity Savings
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
119802
First price on record
2 Jan 2013 · 2,423 daily prices

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

L&T Equity Savings Fund - Direct Plan-Growth is a Hybrid Scheme - Equity Savings 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 Equity Savings Fund - Direct Plan-Growth is ₹25.4455 (as of 24 Nov 2022). Historically, it has delivered 3.60% over the last year, 10.90% CAGR over 3 years, 7.55% 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 8.3% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 18.1%. 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 Equity Savings Fund - Direct Plan-Growth?+

The latest NAV of L&T Equity Savings Fund - Direct Plan-Growth is ₹25.4455 as of 24 Nov 2022, up 0.17% from the previous day. NAV is updated once a business day after the market close.

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

L&T Equity Savings Fund - Direct Plan-Growth has delivered 1-year return 3.60%, 3-year CAGR 10.90%, 5-year CAGR 7.55%, since-inception CAGR 8.74%. Returns are historical and don't predict future performance — markets move in cycles.

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

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

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

Based on its 3-year annualised volatility of 8.3%, L&T Equity Savings Fund - Direct Plan-Growth sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

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

L&T Equity Savings 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 Equity Savings Fund - Direct Plan-Growth?+

L&T Equity Savings Fund - Direct Plan-Growth has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 2,423 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.