• Mutual Funds
  • L&T Mutual Fund
  • L&T Overnight Fund (RIDCW-D)

Formerly L&T Overnight Dl DR

L&T Mutual Fund

L&T Overnight Fund (RIDCW-D)

DebtOvernight

1023.3

NAV (Nov 25)

3.2%
3 Year CAGR
Scripbox Opinion
Not Reviewed yet
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Fund Size

Rolling Returns

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

Investment Objective

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 (18y 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

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
L&T Overnight Fund (RIDCW-D)70%7,94,454 61,8423.4%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2022-11-25

Top Debt Holdings

See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,923 cr

₹ 10,293 cr

₹ 35,428 cr

₹ 13,848 cr

₹ 4,555 cr

amc-img

About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 20,101 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 13 equity,20 debt and 5 hybrid funds.amc-img
phone-img022-66554000
Fund NameScripbox Opinion
Till Date CAGR

3.5%

6.4%

14.9%

12.8%

4.4%

7%

13.6%

10%

11.4%

%

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 17 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 4/23/2024 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)?

L&T Overnight Fund (RIDCW-D) is a Overnight Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

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.