L&T Mutual Fund
L&T Mutual Fund

L&T Cash Fund

L&T Cash Fund - Fund Facts
Fund objective
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
Inception date
November 27, 2006
Fund Managers
Mr. Jalpan Shah
Benchmark index
CRISIL Liquid Fund Index
SIP availability
Yes
Options
The Scheme offers Growth option and Dividend option. The Dividend option offers dividend payout and dividend reinvestment facilities.
Minimum Investment

Rs. 10,000 per application

Lump sum

Initial Investment: Rs.10,000 and in multiples of Re. 1/- thereafter

SIP

Minimum installment amount: Rs. 1,000

Minimum no. of installments: Monthly - 6 | Quarterly - 4

Minimum aggregate investment amount: Rs. 6,000

All the above three conditions are to be jointly fulfilled.

Entry Load
NIL
Exit Load

Exit Load : NIL

If the AMC introduces an Exit Load, a switch-out or a withdrawal under SWP or transfer under STP may also attract the applicable Exit Load like any Redemption.

No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme.

No Exit Load will be chargeable in case of (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any

Annual Recurring Expenses (As on 17th June, 2017)
Regular Plan - 0.82%
Annual Recurring Expenses for Direct Plan (As on 17th June, 2017)
0.09%
Dividend
(a) Daily;
(b) Weekly - Every Monday; and
(c) Monthly - 25th of each calendar month
Except for daily dividend option if any of the day(s) mentioned above is a non-Business Day, the dividend will be declared on the next Business Day.
STP
Available weekly, fortnightly, monthly and quarterly. A predetermined amount can be transferred on any business day
SWP
Available predetermined amount can be redeemed from the scheme monthly or quarterly
Fund Ratings
Dividend History
Click here to view dividend history.
L&T Cash Fund - Overview
The L&T Cash Fund has all that you want from a cash fund. The Fund aims to provide stable returns with low risk and high liquidity by investing in high quality debt and money market instruments. The Fund has a risk rating of mfA1+* by ICRA, the highest credit quality short-term rating assigned by ICRA to debt funds.
L&T Cash Fund - Features
Investment Style Details
Scheme Classification
An open ended liquid scheme.
Investment Objective
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments
This product is suitable for investors who are seeking*
  • Reasonable returns with lower volatility and higher liquidity over short term
  • Investment in debt and money market instruments
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Normal Asset Allocation
Instruments Indicative Allocation(% of net assets) Risk Profile
  Maximum Minimum  
Certificates of deposit issued by banks, bank fixed deposits, treasury bills, CBLO, Repo / reverse repo 100% 65% Medium to Low
Commercial papers and other debt instruments including securitized debt 35% 0% Medium to Low

Terms of issue
Units are available on an ongoing basis at the Applicable NAV.


Minimum initial application amount Super-Institutional Plan - Rs. 10,000 per application
Minimum additional application amount Super-Institutional Plan - Rs. 1,000 per application
Minimum additional application amount Super-Institutional Plan - Rs.1,000/100 units


Statutory
L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance Holdings Limited, Sponsor/ Settlor (liability restricted to the seed corpus of Rs. 1 lakh) with L&T Mutual Fund Trustee Limited as the Trustee Company and L&T lnvestment Management Limited as the Investment Manager.
Loads
Entry
NIL
Exit Load

Exit Load : NIL

If the AMC introduces an Exit Load, a switch-out or a withdrawal under SWP or transfer under STP may also attract the applicable Exit Load like any Redemption.

No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme.

No Exit Load will be chargeable in case of (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any

General Services

Investors can contact us at the toll-free number "1800 2000 400". NAVs will be calculated on every business day and published in two daily newspapers on all business days. Purchase/Redemption on all business days.

Risk factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

L&T Cash Fund - How to Invest
To invest online

Click here to invest online instantly*.


In case you require any more information on investing in the L&T Cash Fund, please call our toll-free Investor Line on 1800 2000 400 between 9am to 6pm on any business day.
To invest offline

Click here to download the KIM and Application form.
Or
Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.
L&T Cash Fund - Downloads