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L&T Overnight Fund Dividend Monthly+0.01%

3.05%
1 Year Return
Debt
Overnight
1.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Overnight Fund Dividend Monthly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.20%
NAV₹1004.03 (25 Jan 2021)
Fund Started27 Nov 2006
Fund Size1,344 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.0%
4.5%
5.0%
6.2%
Category Average
3.2%
4.8%
5.3%
-
Rank Within Category
29
3
3
-
*All returns are annualized.
SIP
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. Risk is lower compared to the benchmark
3. Lower expense ratio
4. Exit load is zero
5. Age is more than 10 years
6. Lower expense ratio - 0.2%
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
6. Risk-adjusted returns are lower compared to the category
7. 1Y Returns are lower than the category average returns
8. 3Y Returns are lower than the category average returns
9. 5Y Returns are lower than the category average returns

Top Holdings

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

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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L&T Overnight Fund Dividend Monthly Details

L&T Overnight Fund Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,344 Cr and the Latest NAV as of 25 Jan 2021 is ₹1004.03.

The L&T Overnight Fund Dividend Monthly is rated Low risk. Minimum SIP Investment is set to 1000.

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)

Not Supported
Min for First Investment
Not Supported
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
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,
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