| NAV: 16 Aug 2022 | ₹2,963.31 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹7,250.43Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.8% | 4.1% | 5.3% | 6.8% |
| Category average | 3.1% | 5.1% | 5.8% | NA |
| Rank with in category | 26 | 20 | 20 | NA |
Holdings (56)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | CD | 3.4% |
Reserve Bank of India | Financial | T-Bills | 3.4% |
Reserve Bank of India | Financial | T-Bills | 3.0% |
Hindustan Petroleum Corporation Ltd. | Energy | CP | 2.8% |
| ICICI Securities Primary Dealership Ltd. | Financial | CP | 2.8% |
| Sikka Ports and Terminals Ltd. | Energy | CP | 2.7% |
Reserve Bank of India | Financial | T-Bills | 2.7% |
| Bharat Petroleum Corporation Ltd. | Energy | CP | 2.7% |
Reserve Bank of India | Financial | T-Bills | 2.5% |
| Bajaj Finance Ltd. | Financial | CP | 2.1% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.14%
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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹10,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Shriram RamanathanJan 2013 - PresentView details
Mahesh A ChhabriaNov 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in L&T Liquid Plan Direct Growth?
You can easily invest in L&T Liquid Plan Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for L&T Liquid Plan Direct Growth from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in L&T Liquid Plan Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does L&T Liquid Plan Direct Growth provide?
The L&T Liquid Plan Direct Growth has been there from 31 Dec 2012 and the average annual returns provided by this fund is 3.84% since its inception.
How much expense ratio is charged by L&T Liquid Plan Direct Growth?
The term
Expense Ratio used for L&T Liquid Plan Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of L&T Liquid Plan Direct Growth is 0.14% as of 17 Aug 2022...
What is the AUM of L&T Liquid Plan Direct Growth?
The AUM, short for Assets Under Management of L&T Liquid Plan Direct Growth is ₹7,250.43Cr as of 17 Aug 2022.
How to Redeem L&T Liquid Plan Direct Growth?
If you want to sell your L&T Liquid Plan Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of L&T Liquid Plan Direct Growth?
What is the NAV of L&T Liquid Plan Direct Growth?
The NAV of L&T Liquid Plan Direct Growth is ₹2,963.31 as of 16 Aug 2022.
