1M
6M
1Y
3Y
5Y
All
| NAV: 25 Sep 2022 | ₹1,694.96 |
| Min. SIP amount | ₹1,000 |
| Rating | 3 |
| Fund size | ₹1,846.22Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Overnight
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.0% | 3.7% | 4.7% | 6.3% |
| Category average | 3.8% | 3.6% | 4.4% | NA |
| Rank with in category | 19 | 14 | 1 | NA |
Understand terms
Holdings (2)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 1.4% |
Reserve Bank of India | Financial | T-Bills | 0.8% |
Expense ratio, exit load and tax
Expense ratio: 0.10%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹10,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Shriram RamanathanApr 2017 - PresentView details
Shriram Ramanathan
Apr 2017 - Present
View details
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.
Also manages these schemes
Mahesh A ChhabriaNov 2021 - PresentView details
Mahesh A Chhabria
Nov 2021 - Present
View details
Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
He comes to L&T AMC from Fidelity where he has been for the last 3 years, was previously associated with Birla Sun Life AMCwith RSM & Co.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
E-mail
[email protected]Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
L&T Overnight Fund Direct Growth
VS
Add mutual fund to compare