|Min SIP Amount||₹1000|
|NAV||₹1496.44 (03 Jul 2020)|
|Fund Started||27 Nov 2006|
|Fund Size||₹1,106 Cr|
|Chennai Petroleum Corpn. Ltd.||Energy||CP||5.9%|
L&T Overnight Fund Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 27 Nov 2006. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Overnight Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,106 Cr and the Latest NAV as of 03 Jul 2020 is ₹1496.44.
The L&T Overnight Fund Growth is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.