Home>Mutual Funds>L&T Mutual Fund>L&T Overnight Fund IDCW Weekly

L&T Overnight Fund IDCW Weekly

Debt
Overnight
Low Risk
3.01%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Aug 2021₹1,000.53
Min. SIP Amount₹1,000
Rating1star
Fund Size₹1,578.81 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.0%4.1%4.6%6.7%
Category average3.0%4.4%4.9%NA
Rank with in category1843NA
Understand termsinfo

Holdings (1)

NameSectorInstrumentAssets
Chennai Petroleum Corpn. Ltd.
EnergyCP5.9%

Pros and cons

Category: Debt Overnight

Pros

  • Age is more than 10 years
  • Lower expense ratio - 0.2%
  • Exit load is zero

Cons

  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns
  • 5Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.2%

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 termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹10,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Apr 2017 - Present
View Details
keyboard_arrow_down
Jalpan Shah
May 2016 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

L&T Overnight Fund IDCW Weekly
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India