L&T Overnight Fund Dividend Weekly+0.01%

3.38%
1 Year Return
Debt
Overnight
1.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Overnight Fund Dividend Weekly

RiskLow
Min SIP Amount₹1000
Expense Ratio0.20%
NAV₹1000.50 (25 Oct 2020)
Fund Started27 Nov 2006
Fund Size₹1,513 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Overnight Fund Dividend Weekly
3.4%
4.7%
5.2%
6.9%
Category Average
3.7%
5.0%
5.5%
-
Rank within category
26
3
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month₹5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    ₹0
    with 3.4% annual returns

    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

    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

    L&T Overnight Fund Dividend Weekly Details

    L&T Overnight Fund Dividend Weekly 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 Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,513 Cr and the Latest NAV as of 25 Oct 2020 is ₹1000.50.

    The L&T Overnight Fund Dividend Weekly is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.

    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)

    Click here
    ₹10000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    L&T Overnight Fund Dividend Weekly
    VS
    search

    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
    E-mail
    investor.line@lntmf.co.in
    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
    enq_h@camsonline.com
    Website
    www.camsonline.com
    Similar Funds
    Data not available

    1st Floor, Proms Complex, SBI

    Colony, 1A Koramangala, 560034

    Contact Us

    GROWW
    About UsAMC Mutual FundsPricingGroww Q&ABlogMedia & PressHelp and Support
    EXPLORE
    Mutual FundsStocksNFOMutual Funds CategoriesUS StocksGoldETFs
    RESOURCES
    Mutual Fund BeginnersLearn Stock MarketCalculatorsGlossaryCompare FundsSwitch to GrowwDownload Forms
    ⓒ 2016-2020 Groww. All rights reserved, Built with ♥in India
    MOST POPULAR ON GROWW
    STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
    POPULAR MUTUAL FUNDS:  Axis Bluechip Fund |  Motilal Oswal S&P 500 Index Fund |  Parag Parikh Long Term Equity Fund |  SBI Small Cap Fund |  HDFC Balanced Advantage Fund |  Axis Long Term Equity Fund |  UTI Nifty Index Fund |  Axis Midcap Fund |  SBI Bluechip Fund |  Mirae Asset Emerging Bluechip Fund
    MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA
    TOOLS: BROKERAGE CALCULATOR  | MARGIN CALCULATOR  | SIP CALCULATOR  | SWP CALCULATOR  | SUKANYA SAMRIDDHI YOJANA CALCULATOR  | MUTUAL FUND RETURNS CALCULATOR  | FD CALCULATOR  | RD CALCULATOR  | EMI CALCULATOR  | PPF CALCULATOR  | EPF CALCULATOR  | NPS CALCULATOR  | GRATUITY CALCULATOR
    NSE|
    BSE|
    Terms and Conditions|
    Policies and Procedures|
    Privacy Policy|
    Disclosure|
    Security