|Min SIP Amount||₹1000|
|NAV||₹1570.91 (09 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,466 Cr|
|Chennai Petroleum Corpn. Ltd.||Energy||CP||5.9%|
L&T Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,466 Cr and the Latest NAV as of 09 Jul 2020 is ₹1570.91.
The L&T Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.