How to Invest in L&T Overnight Fund Growth?

You can easily invest in L&T Overnight Fund 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 Overnight Fund 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 Overnight Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Overnight Fund Growth provide?

The L&T Overnight Fund Growth has been there from 27 Nov 2006 and the average annual returns provided by this fund is 4.31% since its inception.

How much expense ratio is charged by L&T Overnight Fund Growth?

The term Expense Ratio used for L&T Overnight Fund 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 Overnight Fund Growth is 0.20% as of 01 Dec 2025...

What is the AUM of L&T Overnight Fund Growth?

The AUM, short for Assets Under Management of L&T Overnight Fund Growth is ₹1,443.18Cr as of 01 Dec 2025.

How to Redeem L&T Overnight Fund Growth?

If you want to sell your L&T Overnight Fund 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 Overnight Fund Growth?

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

What is the NAV of L&T Overnight Fund Growth?

The NAV of L&T Overnight Fund Growth is ₹1,627.38 as of 25 Nov 2022.

What is the PE and PB ratio of L&T Overnight Fund Growth?

The PE ratio ratio of L&T Overnight Fund 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 Overnight Fund Growth - NAV, Mutual Fund Performance & Portfolio

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L&T Overnight Fund Growth
Debt
Overnight
Low Risk
+3.54%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 25 Nov 2022
₹1,627.38
Rating
3
Min. SIP amount
Not Supported
Fund size
₹1,443.18Cr
Returns calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (1)NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills1.73%
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
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 Overnight
Annualised returns
Absolute returns
3Y5Y10YAll
Fund returns3.5%4.2%5.8%6.4%
Category average6.3%5.3%5.4%NA
Rank with in category2433NA
Understand terms
Peer ComparisonDebt, Overnight fundsRating1Y3YFund Size(Cr)
Axis Overnight Fund Growth
5
5.9%6.4%9,963.35
UTI Overnight Fund Plan Growth
4
5.9%6.4%5,069.38
Nippon India Overnight Fund Growth
4
5.9%6.4%9,364.94
DSP Overnight Fund Growth
4
5.9%6.4%2,792.56
ICICI Prudential Overnight Fund Growth
4
5.9%6.3%14,023.15
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
0.20%
31 Oct 2022 - 31 Oct 2022
0.20%
31 Oct 2022 - 31 Oct 2022
0.20%
31 Oct 2022 - 31 Oct 2022
0.20%
31 Oct 2022 - 31 Oct 2022
0.20%
30 Sep 2022 - 31 Oct 2022
0.20%
30 Sep 2022 - 30 Sep 2022
0.20%
30 Sep 2022 - 30 Sep 2022
0.20%
30 Sep 2022 - 30 Sep 2022
0.20%
31 Aug 2022 - 30 Sep 2022
0.20%
31 Aug 2022 - 31 Aug 2022
0.20%
31 Aug 2022 - 31 Aug 2022
0.20%
31 Aug 2022 - 31 Aug 2022
0.20%
31 Jul 2022 - 31 Aug 2022
0.20%
31 Jul 2022 - 31 Jul 2022
0.20%
31 Jul 2022 - 31 Jul 2022
0.20%
30 Jun 2022 - 31 Jul 2022
0.20%
30 Jun 2022 - 30 Jun 2022
0.20%
30 Jun 2022 - 30 Jun 2022
0.20%
31 May 2022 - 30 Jun 2022
0.20%
31 May 2022 - 31 May 2022
0.20%
31 May 2022 - 31 May 2022
0.20%
30 Apr 2022 - 31 May 2022
0.20%
30 Apr 2022 - 30 Apr 2022
0.20%
30 Apr 2022 - 30 Apr 2022
0.20%
31 Mar 2022 - 30 Apr 2022
0.20%
31 Mar 2022 - 31 Mar 2022
0.20%
31 Mar 2022 - 31 Mar 2022
0.20%
28 Feb 2022 - 31 Mar 2022
0.20%
28 Feb 2022 - 28 Feb 2022
0.20%
28 Feb 2022 - 28 Feb 2022
0.20%
31 Jan 2022 - 28 Feb 2022
0.20%
31 Jan 2022 - 31 Jan 2022
0.20%
31 Dec 2021 - 31 Jan 2022
0.20%
31 Dec 2021 - 31 Dec 2021
0.20%
30 Nov 2021 - 31 Dec 2021
0.20%
31 Oct 2021 - 30 Nov 2021
0.20%
30 Sep 2021 - 31 Oct 2021
0.20%
31 Aug 2021 - 30 Sep 2021
0.20%
31 Jul 2021 - 31 Aug 2021
0.20%
30 Jun 2021 - 31 Jul 2021
0.20%
31 May 2021 - 30 Jun 2021
0.20%
30 Apr 2021 - 31 May 2021
0.20%
31 Mar 2021 - 30 Apr 2021
0.20%
28 Feb 2021 - 31 Mar 2021
0.20%
31 Jan 2021 - 28 Feb 2021
0.20%
31 Dec 2020 - 31 Jan 2021
0.20%
30 Nov 2020 - 31 Dec 2020
0.20%
31 Oct 2020 - 30 Nov 2020
0.20%
30 Sep 2020 - 31 Oct 2020
0.23%
31 Aug 2020 - 30 Sep 2020
0.20%
31 Jul 2020 - 31 Aug 2020
0.20%
30 Jun 2020 - 31 Jul 2020
0.20%
31 May 2020 - 30 Jun 2020
0.20%
30 Apr 2020 - 31 May 2020
0.20%
31 Mar 2020 - 30 Apr 2020
0.81%
29 Feb 2020 - 31 Mar 2020
0.80%
31 Jan 2020 - 29 Feb 2020
0.79%
31 Dec 2019 - 31 Jan 2020
0.81%
30 Nov 2019 - 31 Dec 2019
0.81%
31 Oct 2019 - 30 Nov 2019
0.81%
30 Sep 2019 - 31 Oct 2019
0.82%
31 Aug 2019 - 30 Sep 2019
0.83%
31 Jul 2019 - 31 Aug 2019
0.83%
30 Jun 2019 - 31 Jul 2019
0.83%
31 May 2019 - 30 Jun 2019
0.81%
30 Apr 2019 - 31 May 2019
0.81%
31 Mar 2019 - 30 Apr 2019
0.80%
28 Feb 2019 - 31 Mar 2019
0.80%
31 Jan 2019 - 28 Feb 2019
0.80%
31 Dec 2018 - 31 Jan 2019
0.80%
30 Nov 2018 - 31 Dec 2018
0.80%
31 Oct 2018 - 30 Nov 2018
0.80%
30 Sep 2018 - 31 Oct 2018
0.91%
31 Aug 2018 - 30 Sep 2018
0.94%
31 Jul 2018 - 31 Aug 2018
0.94%
30 Jun 2018 - 31 Jul 2018
0.80%
31 May 2018 - 30 Jun 2018
0.80%
30 Apr 2018 - 31 May 2018
0.80%
31 Mar 2018 - 30 Apr 2018
0.79%
28 Feb 2018 - 31 Mar 2018
0.79%
31 Jan 2018 - 28 Feb 2018
0.79%
31 Dec 2017 - 31 Jan 2018
0.79%
30 Nov 2017 - 31 Dec 2017
0.78%
31 Oct 2017 - 30 Nov 2017
0.78%
Expense ratio, exit load and taxExpense ratio: 0.20%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund managementShriram Ramanathan
Apr 2017 - 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 FMP Series XVII Plan B (1452 Days) Growth
L&T Overnight Fund Growth
L&T FMP Series XVI Plan A (1223 Days) Growth
L&T FMP Series XVII Plan C (1114 Days) Growth
L&T Liquid Plan Growth
L&T FMP Series XIV Scheme C (1150 Days) Growth
L&T FMP Series XVIII Plan C (1178 Days) 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 Ultra Short Term Fund Growth
L&T Ultra Short Term Fund Growth
HSBC Global Equity Climate Change FoF Growth
L&T Overnight Fund Growth
HSBC Dynamic Bond Fund Growth
L&T Liquid Plan Growth
HSBC Income Plus Arbitrage Active FoF 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 Overnight Fund 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 Overnight Fund 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 ₹1,627.38.  

    The L&T Overnight Fund Growth is rated Low risk.     Minimum SIP Investment is set to ₹1,000.          
  ;
Investment ObjectiveThe scheme aims to deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments. It may invest up to 100 per cent of its assets in derivatives for hedging and portfolio balancing purposes. 
 
;
Fund benchmarkNIFTY 1D Rate Index
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 Overnight Fund Growth
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	1.73%

	3Y	5Y	10Y	All
Fund returns	3.5%	4.2%	5.8%	6.4%
Category average	6.3%	5.3%	5.4%	NA
Rank with in category	24	3	3	NA

Debt, Overnight funds	Rating	1Y	3Y	Fund Size(Cr)
Axis Overnight Fund Growth	5	5.9%	6.4%	9,963.35
UTI Overnight Fund Plan Growth	4	5.9%	6.4%	5,069.38
Nippon India Overnight Fund Growth	4	5.9%	6.4%	9,364.94
DSP Overnight Fund Growth	4	5.9%	6.4%	2,792.56
ICICI Prudential Overnight Fund Growth	4	5.9%	6.3%	14,023.15