Home>Mutual Funds>L&T Mutual Fund>L&T Overnight Fund IDCW Daily
shareSHARE

L&T Overnight Fund IDCW Daily+0.01%

2.96%
1 Year Return
Debt
Overnight
1.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Overnight Fund IDCW Daily

RiskLow
Min SIP Amount₹1000
Expense Ratio0.20%
NAV₹1023.30 (14 May 2021)
Fund Started27 Nov 2006
Fund Size786 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.0%
4.2%
4.8%
6.2%
Category Average
3.0%
4.5%
5.1%
-
Rank Within Category
18
4
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 3.0% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Lower expense ratio - 0.2%
3. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Chennai Petroleum Corpn. Ltd.EnergyCP5.9%

Fund Managers

Shriram Ramanathan
keyboard_arrow_down
Jalpan Shah
keyboard_arrow_down

L&T Overnight Fund IDCW Daily Details

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 27 Nov 2006. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Overnight Fund IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹786 Cr and the Latest NAV as of 14 May 2021 is ₹1023.30.

The L&T Overnight Fund IDCW Daily is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.

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.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹10000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

Compare Funds

L&T Overnight Fund IDCW Daily
VS
search

About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India