L&T OVERNIGHT FUND^

Data as on August 31, 2021

 
 
 

L&T OVERNIGHT FUND^

Data as on August 31, 2021

 
 

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.




Date of Inception
Regular Plan November 27, 2006
Direct Plan January 01, 2013
Fund Manager
Mr. Jalpan Shah (w.e.f. May 30, 2016)
and Mr. Shriram Ramanathan (w.e.f. April 03, 2017)
Benchmark
CRISIL Overnight Index
Month end AUM
1,625.97 (Rs In Crs)
Monthly Average AUM
966.56 (Rs In Crs)
Options
•Growth
•IDCW option (Reinvestment and Payout)

Name Of Instrument
Rating
% to Net
Assets

DEBT INSTRUMENTS
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 99.84%
Net Receivable/Payable 0.16%
Net Assets 100.00%
Name Of Instrument
Rating
% to Net
Assets

Average Maturity: Since the fund invests in overnight securities average maturity is taken as 1 day.
Modified Duration 0.00 years
Macaulay Duration 0.00 years
YTM 3.17%






Exit Load: Nil

^The name of the Scheme is changed to L&T Overnight Fund from L&T Cash Fund with effect from February 1, 2020 (‘effective date’)
For details of the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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