L&T Liquid Dividend Daily+0.01%

3Groww
6.69%
1 Year Return
Debt
Liquid
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Liquid Dividend Daily

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.15%
NAV1011.78 (06 Dec 2019)
Fund Started27 Nov 2000
Fund Size11,205 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Liquid Dividend Daily
6.7%
6.9%
7.4%
7.7%
Category Average
6.8%
6.7%
7.3%
-
Rank within category
21
15
14
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Titan Company Ltd.Cons DurableCP5.2%
    Indian Oil Corpn. Ltd.EnergyCP4.7%
    JSW Steel Ltd.MetalsCP3.5%
    SBI Cards & Payments Services Ltd.FinancialCP3.1%
    Export-Import Bank Of IndiaFinancialCP3.1%
    SBI Cards & Payments Services Ltd.FinancialCP3.1%
    Vedanta Ltd.MetalsCP3.1%
    Reserve Bank of IndiaFinancialT-Bills3.1%
    Reliance Retail Ltd.ServicesCP2.9%
    Axis Bank Ltd.FinancialCD2.7%
    See All

    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

    Other Details

    L&T Liquid Dividend Daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 27 Nov 2000. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Liquid Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹11,205 Cr and the Latest NAV as of 06 Dec 2019 is ₹1011.78.

    The L&T Liquid Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 100000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days..

    Investment Objective

    Aims at investing in short term securities

    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)

    ₹100000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
    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
    02 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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