debtLow risk

L&T Overnight Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From L&T Mutual Fund. It's been running since 1 Jan 2013.

Latest price per unit

₹1,711.2549

▲ 0.02% today

As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns

Invested 1 year ago

₹1.04 L

▲ ₹4.4k gain · 4.4% / year

Invested 3 years ago

₹1.12 L

▲ ₹11.6k gain · 3.7% / year

Invested 5 years ago

₹1.26 L

▲ ₹25.6k gain · 4.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness

0.1%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-39.99%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)

CAGR — 1 year4.41%

CAGR — 3 years3.72%

CAGR — 5 years4.67%

CAGR — since launch60.74%

Volatility — 1 year (annualised)0.11%

Volatility — 3 years (annualised)0.09%

Max drawdown — 1 year0.00%

Max drawdown — 3 years0.00%

Sharpe ratio — 1 year (rf=6%)-23.29

Sharpe ratio — 3 years (rf=6%)-33.86

Fund info

Fund house: L&T Mutual Fund
Category: Debt Scheme - Overnight Fund
Plan: Direct
Option: Growth
ISIN (Growth): —
ISIN (Div re-invest): —
Fund code: 119283
First price on record: 1 Jan 2013 · 3,002 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.