L&T Cash Fund Dividend Daily+0.02%

1Groww
5.28%
1 Year Return
Debt
Overnight
1.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Cash Fund Dividend Daily

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.82%
NAV1023.30 (14 Oct 2019)
Fund Started27 Nov 2006
Fund Size609 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Cash Fund Dividend Daily
5.3%
5.4%
6.1%
7.1%
Category Average
5.8%
5.8%
6.4%
-
Rank within category
4
3
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 5.3% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Small Industries Devp. Bank of India Ltd.FinancialCD9.4%
    Dewan Housing Finance Corpn. Ltd.FinancialDebenture5.9%
    Mahindra & Mahindra Financial Services Ltd.FinancialDebenture5.9%
    Godrej Industries Ltd.FMCGCP5.9%
    Axis Bank Ltd.FinancialCD5.9%
    Union Bank of IndiaFinancialCD5.9%
    ICICI Bank Ltd.FinancialCD5.8%
    Vijaya BankFinancialCD5.8%
    Kotak Mahindra Bank Ltd.FinancialCD5.8%
    Shriram Transport Finance Co. Ltd.FinancialCP5.8%
    See All

    Fund Managers

    addShriram Ramanathan
    Education
    Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
    Experience
    Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
    Funds Managed

    Other Details

    L&T Cash Fund Dividend Daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 27 Nov 2006. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Cash Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹609 Cr and the Latest NAV as of 14 Oct 2019 is ₹1023.30.

    The L&T Cash Fund Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 100000. Nil.

    Investment Objective

    To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.

    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)

    ₹100000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 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,
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