L&T Liquid Plan Direct Dividend daily+0.01%

4.68%
1 Year Return
Debt
Liquid
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Liquid Plan Direct Dividend daily

RiskLow
Min SIP Amount₹1000
Expense Ratio0.15%
NAV1014.35 (25 Oct 2020)
Fund Started31 Dec 2012
Fund Size7,227 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Liquid Plan Direct Dividend daily
4.7%
6.3%
6.7%
7.5%
Category Average
4.4%
6.0%
6.4%
-
Rank within category
16
20
18
-
*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 4.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. 1Y Returns are higher than the category average returns
    3. 3Y Returns are higher than the category average returns
    4. 5Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills13.8%
    Reserve Bank of IndiaFinancialT-Bills9.6%
    Reserve Bank of IndiaFinancialT-Bills6.9%
    Reserve Bank of IndiaFinancialT-Bills6.2%
    Reserve Bank of IndiaFinancialT-Bills6.2%
    Reserve Bank of IndiaFinancialT-Bills5.9%
    Reserve Bank of IndiaFinancialT-Bills5.5%
    Reliance Industries Ltd.EnergyCP3.5%
    National Bank For Agriculture & Rural DevelopmentFinancialCP3.5%
    Reserve Bank of IndiaFinancialT-Bills3.1%
    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

    L&T Liquid Plan Direct Dividend daily Details

    L&T Liquid Plan Direct Dividend daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Liquid Plan Direct Dividend daily fund.The fund currently has an Asset Under Management(AUM) of ₹7,227 Cr and the Latest NAV as of 25 Oct 2020 is ₹1014.35.

    The L&T Liquid Plan Direct Dividend daily is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. 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

    The fund seeks to generate reasonable returns while maintaining safety and providing the investor superior liquidity, investing predominately in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.

    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)

    ₹10000
    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
    03 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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