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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹10000

AUM (Fund size)

₹1,105 Cr

Lock In Period

N/A

Expense Ratio

0.15

Benchmark

CRISIL Overnight Index

Exit Load

Nil

Summary

Latest details for L&T Overnight Fund Growth include a ₹1627.3822 NAV as of Nov 25,2022 and returns since inception of 11.00%. Minimum investments start at SIP ₹1000. The L&T Overnight Fund Growth AUM is ₹1,105 Cr, with a lock-in of N/A years, expense ratio of 0.15%, and benchmark CRISIL Overnight Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.48% returns, against a category average of 1.89% and a category best of 0.94%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.481.890.94
6M2.571.8529.45
1Y4.315.8729.45
3Y3.5415.0929.45

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2022-11-15
View allocation % by

1. Tri Party Repo Dealing System (TREPS)/Reverse Repo98.71%
2. 91 DAY T-BILL 17-11-20222.26%
3. 91 DAY T-BILL 08-12-20222.25%
4. Net Receivable/Payable-3.22%

About Fund

L&T Overnight Fund Growth managed by L&T Mutual Fund,is a Overnightscheme with Assets Under Management of ₹1,105 Crore. The fund benchmarks its performance against the CRISIL Overnight Index while maintaining an expense ratio of 0.15. Under the expert guidance of Jalpan Shah ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Jalpan Shah

Mr. Jalpan Shah holds B.E. (Mechanical), PGDM. His prior Assignments are FIL Fund Management Private Ltd. as Research Associate from December 2007 till November 2012. Lotus India Asset Management Co. Pvt. Ltd as Research Analyst from September 2007 to November 2007. UTI Asset Management Co. Pvt. Ltd. from May 2004 till August 2007.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundBNP Paribas Overnight Fund Growth061.44 CR0.12
This FundL&T Overnight Fund Growth11105.49 CR0.15
This FundAxis Overnight Fund Growth313459.01 CR0.1
This FundBank of India Overnight Fund Growth048.98 CR0.1
Fund Name1Y3Y
This FundBNP Paribas Overnight Fund Growth3.15760
This FundL&T Overnight Fund Growth4.310510.9979
This FundAxis Overnight Fund Growth5.404919.9722
This FundBank of India Overnight Fund Growth5.477520.2168

FAQs

L&T Overnight Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of L&T Overnight Fund Growth is 0.15. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

L&T Overnight Fund Growth’s fund performance is as follows:
  • 1 Month : 0.48%
  • 6 Months : 2.57%
  • 1 Year : 4.31%
  • 3 Years : 3.54%
Returns of L&T Overnight Fund Growth are updated daily based on NAV of ₹ 1627.3822 as on Nov 25,2022. Since inception, the return has been 11.00%.

You can invest in L&T Overnight Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of L&T Overnight Fund Growth is ₹1,105 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in L&T Overnight Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500