• Mutual Funds
  • L&T Mutual Fund
  • L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M)

Formerly L&T Overnight Mn DP

L&T Mutual Fund

L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M)

DebtOvernight

Top Ranked

1008.635

NAV (Dec 05)

3%
3 Year CAGR
Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

15 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

1,441 Cr. Medium within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

1008.635

NAV (Dec 5)

Fund Returns

Last 1Y

3.1%

Last 3Y

3%

Last 5Y

3.3%

Last 10Y

4%

Since Inception

2.8%

6 Month CAGR

1.5%

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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low Risk

Expense Ratio

0.2

Launched (15y ago)

Nov 27, 2006

AUM in Crores

1440.658

ISIN

INF917K01EL4

Lock-in

No Lock-in

Benchmark

Nifty 1D Rate TR INR

SIP Minimum

1000

Lumpsum Min.

10000

Fund Managers
user-avatar

Jalpan Shah

Fund Manager

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Shriram Ramanathan

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 27,296 cr

5

₹ 31,118 cr

5

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About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 81,879 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.

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  • tel-amc-about
    022-66554000
  • mail-amc-about
    investor.line@lntmf.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    3.8%

    6.6%

    10.1%

    7.5%

    16%

    10.4%

    5.6%

    7.2%

    7.6%

    8%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M)

    About L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M)

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 2.8% over a period of 15 years. The fund was previously known as L&T Overnight Mn DP . The fund is managed by L&T Investment Management Ltd. The fund managers are Jalpan Shah, Shriram Ramanathan

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) 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. . However, there is no assurance that the objective of the scheme will be realized.

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) NAV,AUM,Risk

    The L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) fund was launched on Nov 27, 2006. The NAV (Net Asset Value) of this Overnight Debt fund as of 2021-12-05 is ₹1008.63. The total AUM (Asset Under Management) of the fund as of 06/12/2021 is ₹1440.658. The category risk of the L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) fund is Low Risk. The fund charges 0.2 % as expense ratio.

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) Holdings

    The fund’s highest allocation is towards Others and has invested 100% in this asset class. The top three holdings of the fund are , tri party repo dealing system (treps)/reverse repo , net receivable/payable

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 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 ₹ 10000.

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) Investment volatility and Horizon

    This fund 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 of Income Dis cum Cap Wrdl (PIDCW-M) Review

    L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) has a score of 4 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, L&T Overnight Fund of Income Dis cum Cap Wrdl (PIDCW-M) has a score of 3out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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