|Min SIP Amount||₹1000|
|NAV||₹1000.19 (08 Jul 2020)|
|Fund Started||27 Nov 2006|
|Fund Size||₹1,466 Cr|
|Chennai Petroleum Corpn. Ltd.||Energy||CP||5.9%|
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 ₹1,466 Cr and the Latest NAV as of 08 Jul 2020 is ₹1000.19.
The L&T Overnight Fund Dividend Weekly is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.