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L&T Overnight Fund IDCW Daily
+3.54%
3Y annualised
+0.01% 1D
NAV: 25 Nov '22
₹1,023.30
Min. for SIP
Not Supported
Fund size (AUM)
₹1,443.18 Cr
Expense ratio
0.20%
Rating
3
Holdings (1)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 1.73% |
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +3.5% | +4.2% | +5.8% | +6.4% |
| Category average (Debt Overnight) | +6.3% | +5.3% | +5.4% | -- |
| Rank (Debt Overnight) | 24 | 3 | 3 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
UTI Overnight Fund Plan IDCW | +5.31% | +6.17% | 5,730.50 | |
UTI Overnight Fund Plan IDCW Daily | +5.31% | +6.17% | 5,730.50 | |
SBI Overnight Fund IDCW Weekly | +5.26% | +6.11% | 27,043.20 | |
SBI Overnight Fund IDCW Daily | +5.26% | +6.11% | 27,043.20 | |
ICICI Prudential Overnight Fund IDCW Daily | -- | -- | 11,368.86 | |
| Compare | ||||
About L&T Overnight Fund IDCW Daily
L&T Overnight Fund IDCW Daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 25 Apr 1996. The fund currently has an Asset Under Management(AUM) of ₹75,123 Cr and the Latest NAV as of 25 Nov 2022 is ₹1,023.30.
The L&T Overnight Fund IDCW Daily is rated Low risk. Minimum SIP Investment is set to ₹1,000.
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Investment Objective
The scheme aims to deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments. It may invest up to 100 per cent of its assets in derivatives for hedging and portfolio balancing purposes.
Fund benchmarkNIFTY 1D Rate Index
Fund house
Rank (total assets)#12 in India
Total AUM₹75,122.75 Cr
Date of Incorporation25 Apr 1996
Launch Date25 Apr 1996
AddressBrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,