NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

L&T Conservative Hybrid Fund Growth for NRI [43.73]

Min Investment

10,000

Fund Size

39.72 Cr

Expense Ratio

2.3%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

43.73

0.00%

NAV as on 26 Nov 22, 12:00 AM

moderate risk

conservative allocation

hybrid (c)

NAV as on 26 Nov 22, 12:00 AM

moderate risk

conservative allocation

hybrid (c)

0.67%p.a.

Last 1Y

6.07%p.a.

Last 3Y

5.86%p.a.

Last 5Y

7.93%p.a.

Since Inception

About L&T Conservative Hybrid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the L&T Conservative Hybrid Fund Growth scheme from L&T Investment Management Ltd. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on Jul 2003, L&T Conservative Hybrid Fund Growth is Conservative Allocation fund of its category with 39.72 Cr fund under management as on Nov 2022. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.

  • L&T Conservative Hybrid Fund Growth delivered 0.7% annual returns during the last year. It has delivered 7.9% average annual returns since the fund was launched.
  • L&T Conservative Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid (c)

Fund Objective

To generate regular income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the Scheme and there can be no assurance that the objective of the Scheme will be realized.

Top 10 Holdings

7.59% Govt Stock 2026

26.21%

6.69% Govt Stock 2024

12.87%

7.37% Govt Stock 2023

12.70%

5.22% Govt Stock 2025

12.35%

4.56% Govt Stock 2023

7.55%

ICICI Bank Ltd

1.81%

Indian Hotels Co Ltd

1.36%

Larsen & Toubro Ltd

1.26%

State Bank of India

1.21%

Bajaj Finance Ltd

1.19%

Fund Managers

  1. Venugopal Manghat (Nov 2012 - Present)
  2. Jalpan Shah (May 2016 - Present)
  3. Cheenu Gupta (Jul 2021 - Present)

Key Information

View Scheme Document

L&T Conservative Hybrid Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on L&T Conservative Hybrid Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in L&T Conservative Hybrid Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in L&T Conservative Hybrid Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions