L&T Liquid Plan Direct IDCW Daily

Debt
Liquid
Low to Moderate Risk
Payout
4.09%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Nov 2022₹1,014.35
Min. SIP amountNot Supported
Rating2
Fund size₹8,703.74Cr

Return calculator

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

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%4.1%5.3%6.8%
Category average7.0%5.1%5.1%NA
Rank with in category252120NA
Understand terms

Holdings (55)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills4.06%
Reserve Bank of India
FinancialT-Bills4.02%
GOI
SovereignGOI Sec3.82%
Reserve Bank of India
FinancialT-Bills3.15%
Small Industries Devp. Bank of India Ltd.
FinancialCP2.29%
ServicesCP2.29%
HDFC Bank Ltd.
FinancialCD2.28%
Reserve Bank of India
FinancialT-Bills2.28%
Axis Bank Ltd.
FinancialCD2.27%
Bank Of Baroda
FinancialCD1.72%
See All

Pros and cons

Category: Debt Liquid

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2
Lower expense ratio: 0.15%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.15%

Inclusive of GST

Exit load

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.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Shriram Ramanathan
Jan 2013 - Present
View details

Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
L&T Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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