- Mutual Funds
- L&T Mutual Fund
- L&T Overnight Fund (RIDCW-D)
Formerly L&T Overnight Dl DR
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1023.3
NAV (Nov 25)
Fund Returns
Last 1Y | 4% |
Last 3Y | 3.2% |
Last 5Y | 3.4% |
Last 10Y | 4.4% |
Since Inception | 4.8% |
6 Month CAGR | 2.4% |
Scheme Information
The investment objective of the Scheme is to generate regular returns in line with the overnight rates.There is no assurance that the investment objective of the scheme will be realized.
Expense Ratio | 0.2 |
Launched (17y ago) | Nov 27, 2006 |
AUM in Crores | 1105.494 |
ISIN | INF917K01EJ8 |
Lock-in | No Lock-in |
Benchmark | Nifty 1D Rate TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 100000 |
Standard Deviation (3yr) | 0.2 |
Standard Deviation (5yr) | 0.2 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -4.146 |
Sharpe Ratio (5yr) | -5.63 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| L&T Overnight Fund (RIDCW-D) | 7,94,454 | 61,842 | 3.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
L&T Investment Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
3.5% | 6.4% | ||
14.9% | 12.8% | ||
13.6% | 10% | ||
4.4% | 7% | ||
14.3% | 15.5% |
L&T Overnight Fund (RIDCW-D) Review
L&T Overnight Fund (RIDCW-D) is a Overnight Debt fund and has delivered an annualised return of 4.8% over a period of 16 years. The fund was previously known as L&T Overnight Dl DR. The fund is managed by L&T Investment Management Ltd. The fund manager’s name is null.
Nav of L&T Overnight Fund (RIDCW-D) as of 11/25/2022 is ₹1023.30 with the total AUM as of 9/23/2023 is ₹1105.494. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Overnight Fund (RIDCW-D) was launched on Nov 27, 2006. The category risk of the fund is Low Risk.
The minimum SIP amount for L&T Overnight Fund (RIDCW-D) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹100000. Check your estimated returns on mutual funds by using sip calculator.
L&T Overnight Fund (RIDCW-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty 1D Rate TR INR.
L&T Overnight Fund (RIDCW-D) is rated as a 0 fund in Debt and delivered 4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with L&T Overnight Fund (RIDCW-D).
Frequently Asked Questions
What is L&T Overnight Fund (RIDCW-D)?
How to invest in L&T Overnight Fund (RIDCW-D)?
You can invest in L&T Overnight Fund (RIDCW-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of L&T Overnight Fund (RIDCW-D)?
The minimum sip amount for L&T Overnight Fund (RIDCW-D) is ₹0. You can invest in multiples of ₹100000.
Is L&T Overnight Fund (RIDCW-D) good to invest in?
As per Scripbox experts, L&T Overnight Fund (RIDCW-D) is a Not Reviewed Yet fund. You can investL&T Overnight Fund (RIDCW-D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the L&T Overnight Fund (RIDCW-D)?
The expense ratio of the L&T Overnight Fund (RIDCW-D) is 0.2% for regular plan.