|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹1001.25 (26 Feb 2021)|
|Fund Started||02 Apr 2013|
|Fund Size||₹7,394 Cr|
|Reserve Bank of India||Financial||T-Bills||14.8%|
|Reserve Bank of India||Financial||T-Bills||12.1%|
|Reserve Bank of India||Financial||T-Bills||8.8%|
|Aditya Birla Finance Ltd.||Financial||CP||6.2%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Bajaj Finance Ltd.||Financial||CP||4.7%|
|Infina Finance Pvt. Ltd.||Financial||CP||4.7%|
|Reserve Bank of India||Financial||T-Bills||4.7%|
|National Thermal Power Corp. Ltd.||Energy||CP||4.7%|
|Hindustan Petroleum Corpn. Ltd.||Energy||CP||3.4%|
L&T Liquid Plan Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 02 Apr 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Liquid Plan Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹7,394 Cr and the Latest NAV as of 26 Feb 2021 is ₹1001.25.
The L&T Liquid Plan Direct Dividend Weekly is rated Low to Moderate 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.