L&T Overnight Fund Direct Growth

Debt
Overnight
Low Risk
3.66%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Sep 2022₹1,694.96
Min. SIP amount₹1,000
Rating3
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
1Y3Y5YAll
Fund returns4.0%3.7%4.7%6.3%
Category average3.8%3.6%4.4%NA
Rank with in category19141NA
Understand terms

Holdings (2)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills1.4%
Reserve Bank of India
FinancialT-Bills0.8%

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 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 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
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,

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