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L&T Liquid Fund Direct Plan Daily Dividend Reinvestment Option

Debt

  

Liquid Fund

NAV

1013.792 -0.1438

as on (02 Apr, 2020)

RETURNS

4.76 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.1 %

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

9936.35 Cr.

(As of 30 Apr, 2019)

Risk

Low

Objective

To generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.

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Fund manager

Shriram Ramanathan

(since 24 Nov, 2012)

Exit load

N / A

Minimum sip

₹ 1000

minimum investment

₹ 100000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

National Bank For Agriculture And Rural Development

1.1 %

91 DTB 21122018

0.94 %

Kotak Mahindra Prime Limited

0.35 %

Housing Development Finance Corporation Limited

0.32 %

Sector Allocation

About the Scheme Type

Liquid Fund

Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

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Overview of L&T Investment Management Ltd

L&T Investment Management Ltd We, at L&T Mutual Fund, follow a disciplined approach to investment and risk management for delivering superior long-term risk-adjusted performance. L&T Mutual Fund has a robust monitoring and risk management process that ensures checks and balances at every stage. Here’s a step-by-step process of our investment philosophy.

  • Generation of ideas: L&T Mutual Fund’s analysts and fund managers are actively on the hunt for identifying new ideas. For equity investing, the search spectrum includes investment team meetings, meetings with a company's management, suppliers, industry experts, regulators, external research, competitors and reports. And in the case of fixed income funds, investment ideas are born out of team strategy meetings, in-depth interaction with issuers and market participants, macro analysis and internal and external research ideas.
  • Evaluation of companies: Filters such as liquidity, market capitalisation ownership and other parameters help identify opportunities, which are then thoroughly evaluated for profitability, business attractiveness, competitive positioning, balance sheet strength, management track record, corporate governance and valuations for equities. Thorough credit or issuer analysis and macro analysis underpins the evaluation framework for identifying issuers and instruments for fixed income portfolios.
  • Manufacturing or Monitoring of portfolios: Among all the ideas that are generated and evaluated, the fund manager picks those that have the most potential. Portfolios are monitored continuously to ensure that they are positioned to meet their investment objectives and are within the set risk framework. A fund manager may decide to exit a holding on achieving the price target or for other reasons such as weakened business prospects or credit, or if better investment opportunities wait in the wings.