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 4.55% 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 0.15% as of 21 Nov 2024...

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 ₹8,703.74Cr as of 21 Nov 2024.

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?

You can select either SIP or Lumpsum investment of L&T Liquid Plan Direct Growth based on your investment objective and risk tolerance.

What is the NAV of L&T Liquid Plan Direct Growth?

The NAV of L&T Liquid Plan Direct Growth is ₹3,010.69 as of 25 Nov 2022.

What is the PE and PB ratio of L&T Liquid Plan Direct Growth?

The PE ratio ratio of L&T Liquid Plan Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

L&T Liquid Plan Direct Growth - NAV, Mutual Fund Performance & Portfolio

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L&T Liquid Plan Direct Growth
Debt
Liquid
Low to Moderate Risk
4.09%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
  NAV: 25 Nov 2022₹3,010.69
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 ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%4.1%5.3%6.8%
Category average7.1%6.1%5.1%NA
Rank with in category252120NA
Understand terms
Peer ComparisonDebt, Liquid fundsRating1Y3YFund Size(Cr)
Aditya Birla Sun Life Liquid Fund Direct Growth
5
7.5%6.4%43,796.91
Mahindra Manulife Liquid Fund Direct  Growth
5
7.5%6.4%1,016.37
PGIM India Liquid Fund Direct Plan Growth
5
7.5%6.4%374.40
Edelweiss Liquid Direct Growth
5
7.6%6.4%5,046.32
Canara Robeco Liquid Direct Plan Growth
4
7.5%6.3%2,817.09
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%
Reliance Retail Ventures Ltd.
ServicesCP2.29%
HDFC Bank Ltd.
FinancialCD2.28%
Reserve Bank of India
FinancialT-Bills2.28%
Axis Bank Ltd.
FinancialCD2.27%
Bank Of Baroda
FinancialCD1.72%
Kotak Securities Ltd.
ServicesCP1.72%
Hindustan Petroleum Corporation Ltd.
EnergyCP1.72%
Kotak Securities Ltd.
ServicesCP1.71%
Tata Capital Financial Services Ltd.
FinancialCP1.71%
Housing Development Finance Corpn. Ltd.
FinancialCP1.71%
Reliance Jio Infocomm Ltd.
CommunicationCP1.71%
ICICI Securities Ltd.
FinancialCP1.71%
National Bank For Agriculture & Rural Development
FinancialCP1.71%
Export-Import Bank Of India
FinancialCD1.71%
Reliance Jio Infocomm Ltd.
CommunicationCP1.70%
Reserve Bank of India
FinancialT-Bills1.70%
Tata Steel Ltd.
Metals & MiningCP1.70%
Reserve Bank of India
FinancialT-Bills1.66%
Indian Oil Corporation Ltd.
EnergyDebenture1.29%
Axis Bank Ltd.
FinancialCD1.26%
National Bank For Agriculture & Rural Development
FinancialDebenture1.22%
Hindustan Petroleum Corporation Ltd.
EnergyDebenture1.22%
Bajaj Housing Finance Ltd.
FinancialDebenture1.20%
Reserve Bank of India
FinancialT-Bills1.15%
Tata Power Company Ltd.
EnergyCP1.15%
Tata Steel Ltd.
Metals & MiningCP1.15%
National Bank For Agriculture & Rural Development
FinancialCP1.14%
ICICI Securities Ltd.
FinancialCP1.14%
Reserve Bank of India
FinancialT-Bills1.14%
NTPC Ltd.
EnergyCP1.14%
Jamnagar Utilities and Power Pvt. Ltd.
Capital GoodsCP1.14%
SBICAP Securities Ltd.
FinancialCP1.14%
Union Bank of India
FinancialCD1.13%
HDFC Bank Ltd.
FinancialCD1.13%
LIC Housing Finance Ltd.
FinancialNCD1.11%
LIC Housing Finance Ltd.
FinancialDebenture0.92%
Reserve Bank of India
FinancialT-Bills0.85%
Sikka Ports and Terminals Ltd.
EnergyCP0.85%
Berger Paints India Ltd.
ChemicalsCP0.74%
REC Ltd.
FinancialNCD0.68%
Cholamandalam Investment & Finance Company Ltd.
FinancialNCD0.60%
Small Industries Devp. Bank of India Ltd.
FinancialCP0.57%
Axis Bank Ltd.
FinancialCD0.57%
Kotak Mahindra Prime Ltd.
FinancialCP0.57%
Indian Oil Corporation Ltd.
EnergyCP0.57%
Housing & Urban Development Corporation Ltd.
FinancialDebenture0.31%
National Highways Authority of India Ltd.
ServicesNCD0.31%
Power Finance Corporation Ltd.
FinancialDebenture0.31%
Axis Bank Ltd.
FinancialCD0.29%
Power Finance Corporation Ltd.
FinancialDebenture0.06%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Liquid
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.15%
Average credit rating of the fund's holdings: AAA 
This fund has holdings of the highest quality
Cons
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Oct 2022 - Present
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
30 Sep 2022 - 31 Oct 2022
0.15%
30 Sep 2022 - 30 Sep 2022
0.15%
30 Sep 2022 - 30 Sep 2022
0.15%
30 Sep 2022 - 30 Sep 2022
0.15%
31 Aug 2022 - 30 Sep 2022
0.15%
31 Aug 2022 - 31 Aug 2022
0.15%
31 Aug 2022 - 31 Aug 2022
0.15%
31 Aug 2022 - 31 Aug 2022
0.15%
31 Jul 2022 - 31 Aug 2022
0.14%
31 Jul 2022 - 31 Jul 2022
0.14%
31 Jul 2022 - 31 Jul 2022
0.14%
30 Jun 2022 - 31 Jul 2022
0.14%
30 Jun 2022 - 30 Jun 2022
0.14%
30 Jun 2022 - 30 Jun 2022
0.14%
31 May 2022 - 30 Jun 2022
0.14%
31 May 2022 - 31 May 2022
0.14%
31 May 2022 - 31 May 2022
0.14%
30 Apr 2022 - 31 May 2022
0.14%
30 Apr 2022 - 30 Apr 2022
0.14%
30 Apr 2022 - 30 Apr 2022
0.14%
31 Mar 2022 - 30 Apr 2022
0.14%
31 Mar 2022 - 31 Mar 2022
0.14%
31 Mar 2022 - 31 Mar 2022
0.14%
28 Feb 2022 - 31 Mar 2022
0.14%
28 Feb 2022 - 28 Feb 2022
0.14%
28 Feb 2022 - 28 Feb 2022
0.14%
31 Jan 2022 - 28 Feb 2022
0.14%
31 Jan 2022 - 31 Jan 2022
0.14%
31 Dec 2021 - 31 Jan 2022
0.14%
31 Dec 2021 - 31 Dec 2021
0.14%
30 Nov 2021 - 31 Dec 2021
0.14%
31 Oct 2021 - 30 Nov 2021
0.14%
30 Sep 2021 - 31 Oct 2021
0.14%
31 Aug 2021 - 30 Sep 2021
0.15%
31 Jul 2021 - 31 Aug 2021
0.15%
30 Jun 2021 - 31 Jul 2021
0.15%
31 May 2021 - 30 Jun 2021
0.15%
30 Apr 2021 - 31 May 2021
0.15%
31 Mar 2021 - 30 Apr 2021
0.15%
28 Feb 2021 - 31 Mar 2021
0.15%
31 Jan 2021 - 28 Feb 2021
0.15%
31 Dec 2020 - 31 Jan 2021
0.15%
30 Nov 2020 - 31 Dec 2020
0.15%
31 Oct 2020 - 30 Nov 2020
0.15%
30 Sep 2020 - 31 Oct 2020
0.15%
31 Aug 2020 - 30 Sep 2020
0.15%
31 Jul 2020 - 31 Aug 2020
0.15%
30 Jun 2020 - 31 Jul 2020
0.15%
31 May 2020 - 30 Jun 2020
0.15%
30 Apr 2020 - 31 May 2020
0.15%
31 Mar 2020 - 30 Apr 2020
0.10%
29 Feb 2020 - 31 Mar 2020
0.10%
31 Jan 2020 - 29 Feb 2020
0.10%
31 Dec 2019 - 31 Jan 2020
0.10%
30 Nov 2019 - 31 Dec 2019
0.10%
31 Oct 2019 - 30 Nov 2019
0.10%
30 Sep 2019 - 31 Oct 2019
0.10%
31 Aug 2019 - 30 Sep 2019
0.10%
31 Jul 2019 - 31 Aug 2019
0.10%
30 Jun 2019 - 31 Jul 2019
0.10%
31 May 2019 - 30 Jun 2019
0.10%
30 Apr 2019 - 31 May 2019
0.10%
31 Mar 2019 - 30 Apr 2019
0.10%
28 Feb 2019 - 31 Mar 2019
0.10%
31 Jan 2019 - 28 Feb 2019
0.10%
31 Dec 2018 - 31 Jan 2019
0.10%
30 Nov 2018 - 31 Dec 2018
0.10%
31 Oct 2018 - 30 Nov 2018
0.10%
30 Sep 2018 - 31 Oct 2018
0.10%
31 Aug 2018 - 30 Sep 2018
0.10%
31 Jul 2018 - 31 Aug 2018
0.10%
30 Jun 2018 - 31 Jul 2018
0.09%
31 May 2018 - 30 Jun 2018
0.09%
30 Apr 2018 - 31 May 2018
0.09%
31 Mar 2018 - 30 Apr 2018
0.09%
28 Feb 2018 - 31 Mar 2018
0.09%
31 Jan 2018 - 28 Feb 2018
0.09%
31 Dec 2017 - 31 Jan 2018
0.09%
30 Nov 2017 - 31 Dec 2017
0.09%
31 Oct 2017 - 30 Nov 2017
0.09%
Expense ratio, exit load and taxExpense ratio: 0.15%Inclusive of GST
Exit loadExit 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 duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementShriram 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
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct  Growth
HSBC Liquid Fund Direct Growth
HSBC Medium to Long Duration Fund Direct Growth
L&T FMP Series XVI Plan A (1223 Days) Direct   Growth
L&T FMP Series XVIII Plan C (1178 Days) Direct   Growth
Mahesh A Chhabria
Nov 2021 - Present
View details
Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
Also manages these schemes
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct  Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Overnight Fund Direct   Growth
HSBC Ultra Short Duration Fund Direct   Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct   Growth
HSBC Equity Savings Fund Direct Growth
HSBC Dynamic Bond Fund Direct Growth
HSBC Banking and PSU Debt Fund Direct Growth
HSBC Low Duration Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct   Growth
Fund house & investment objective
L&T Mutual Fund
Rank (total assets)#12 in India
Total AUM₹75,122.75Cr
Date of Incorporation25 Apr 1996
    L&T Liquid Plan Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund.     This scheme was made available to investors on 25 Apr 1996.     Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Liquid Plan Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹75,123 Cr and     the Latest NAV as of 25 Nov 2022 is ₹3,010.69.  

    The L&T Liquid Plan Direct Growth is rated Low to Moderate risk.     Minimum SIP Investment is set to ₹1,000.          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 ObjectiveThe 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. 
 
;
Fund benchmarkNIFTY Liquid Index B-I
Scheme Information Document(SID)
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
E-mail
[email protected]
Website
www.lntmf.com
L&T Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
L&T Liquid Plan Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	4.5%	4.1%	5.3%	6.8%
Category average	7.1%	6.1%	5.1%	NA
Rank with in category	25	21	20	NA

Debt, Liquid funds	Rating	1Y	3Y	Fund Size(Cr)
Aditya Birla Sun Life Liquid Fund Direct Growth	5	7.5%	6.4%	43,796.91
Mahindra Manulife Liquid Fund Direct Growth	5	7.5%	6.4%	1,016.37
PGIM India Liquid Fund Direct Plan Growth	5	7.5%	6.4%	374.40
Edelweiss Liquid Direct Growth	5	7.6%	6.4%	5,046.32
Canara Robeco Liquid Direct Plan Growth	4	7.5%	6.3%	2,817.09

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	4.06%
Reserve Bank of India	Financial	T-Bills	4.02%
GOI	Sovereign	GOI Sec	3.82%
Reserve Bank of India	Financial	T-Bills	3.15%
Small Industries Devp. Bank of India Ltd.	Financial	CP	2.29%
Reliance Retail Ventures Ltd.	Services	CP	2.29%
HDFC Bank Ltd.	Financial	CD	2.28%
Reserve Bank of India	Financial	T-Bills	2.28%
Axis Bank Ltd.	Financial	CD	2.27%
Bank Of Baroda	Financial	CD	1.72%
Kotak Securities Ltd.	Services	CP	1.72%
Hindustan Petroleum Corporation Ltd.	Energy	CP	1.72%
Kotak Securities Ltd.	Services	CP	1.71%
Tata Capital Financial Services Ltd.	Financial	CP	1.71%
Housing Development Finance Corpn. Ltd.	Financial	CP	1.71%
Reliance Jio Infocomm Ltd.	Communication	CP	1.71%
ICICI Securities Ltd.	Financial	CP	1.71%
National Bank For Agriculture & Rural Development	Financial	CP	1.71%
Export-Import Bank Of India	Financial	CD	1.71%
Reliance Jio Infocomm Ltd.	Communication	CP	1.70%
Reserve Bank of India	Financial	T-Bills	1.70%
Tata Steel Ltd.	Metals & Mining	CP	1.70%
Reserve Bank of India	Financial	T-Bills	1.66%
Indian Oil Corporation Ltd.	Energy	Debenture	1.29%
Axis Bank Ltd.	Financial	CD	1.26%
National Bank For Agriculture & Rural Development	Financial	Debenture	1.22%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	1.22%
Bajaj Housing Finance Ltd.	Financial	Debenture	1.20%
Reserve Bank of India	Financial	T-Bills	1.15%
Tata Power Company Ltd.	Energy	CP	1.15%
Tata Steel Ltd.	Metals & Mining	CP	1.15%
National Bank For Agriculture & Rural Development	Financial	CP	1.14%
ICICI Securities Ltd.	Financial	CP	1.14%
Reserve Bank of India	Financial	T-Bills	1.14%
NTPC Ltd.	Energy	CP	1.14%
Jamnagar Utilities and Power Pvt. Ltd.	Capital Goods	CP	1.14%
SBICAP Securities Ltd.	Financial	CP	1.14%
Union Bank of India	Financial	CD	1.13%
HDFC Bank Ltd.	Financial	CD	1.13%
LIC Housing Finance Ltd.	Financial	NCD	1.11%
LIC Housing Finance Ltd.	Financial	Debenture	0.92%
Reserve Bank of India	Financial	T-Bills	0.85%
Sikka Ports and Terminals Ltd.	Energy	CP	0.85%
Berger Paints India Ltd.	Chemicals	CP	0.74%
REC Ltd.	Financial	NCD	0.68%
Cholamandalam Investment & Finance Company Ltd.	Financial	NCD	0.60%
Small Industries Devp. Bank of India Ltd.	Financial	CP	0.57%
Axis Bank Ltd.	Financial	CD	0.57%
Kotak Mahindra Prime Ltd.	Financial	CP	0.57%
Indian Oil Corporation Ltd.	Energy	CP	0.57%
Housing & Urban Development Corporation Ltd.	Financial	Debenture	0.31%
National Highways Authority of India Ltd.	Services	NCD	0.31%
Power Finance Corporation Ltd.	Financial	Debenture	0.31%
Axis Bank Ltd.	Financial	CD	0.29%
Power Finance Corporation Ltd.	Financial	Debenture	0.06%

Rank (total assets)	#12 in India
Total AUM	₹75,122.75Cr

Date of Incorporation	25 Apr 1996

Fund benchmark	NIFTY Liquid Index B-I

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

L&T Liquid Plan Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Peer Comparison

Holdings (55)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.15%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Shriram RamanathanJan 2013 - PresentView details

Mahesh A ChhabriaNov 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Shriram Ramanathan
Jan 2013 - Present
View details

Mahesh A Chhabria
Nov 2021 - Present
View details