L&T OVERNIGHT FUND#

Data as on January 31, 2022

 
 
 

L&T OVERNIGHT FUND^

Data as on January 31, 2022

 
 

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. Mahesh Chhabria (w.e.f. November 25, 2021) and Mr. Shriram Ramanathan (w.e.f. April 03, 2017)
Benchmark
NIFTY 1D Rate Index
Month end AUM
1,685.47 (Rs In Crs)
Monthly Average AUM
1,225.11 (Rs In Crs)
Options
•Growth
•IDCW option (Reinvestment and Payout)

Name Of Instrument
Rating
% to Net
Assets

MONEY MARKET INSTRUMENTS
Treasury Bill
91 DAY T-BILL 24-02-2022 SOVEREIGN 1.48%
Total 1.48%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 97.84%
Net Receivable/Payable 0.68%
Name Of Instrument
Rating
% to Net
Assets

Net Assets 100.00%
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 3.26%
^Since the fund invests in overnight securities average maturity is taken as 1 day.






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'
The Fund was co-managed by Mr. Jalpan Shah till November 24, 2021.

pdf