L&T Cash Fund
Start your investment
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
More about this fund
About L&T Cash Fund
L&T Cash Fund is an open-ended debt scheme which invests in overnight securities to generate regular returns in accordance with the overnight rates. The fund strives to deliver reasonable returns with lower volatility and higher liquidity. The scheme will invest in money market instruments such as T-bills, commercial papers, certificate of deposits, etc. with a maturity not greater than 1 business day.
Pros & Cons of L&T Cash Fund
L&T Cash Fund offers the following benefits:
- Investing in the L&T Cash Fund is ideal for investors seeking reasonable returns in a very short-term duration without taking any risks.
- However, the fund returns are lower than the average category returns.
Fund Information and Statistics of Hybrid L&T Equity Fund
i) Inception / Launch date
The L&T Cash Fund was launched on 27 November 2006 by L&T financial services.
ii) Risk level
Investment in L&T cash fund is a low-risk bet and ideal for investors who wish to park their money for a short duration.
Redemption of Units will be done at applicable NAV prices on every business day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3 business days.
iv) Fund Manager
L&T Cash Fund is jointly managed by Mr Jalpan Shah since May 30, 2016, and Mr Shriram Ramanathan since April 3, 2017.
v) Entry / Exit load
The fund house does not charge any entry load or exit load.
Tax benefits of investing in L&T Cash Fund
The Short-term capital gain tax is applicable as per the income tax slab if sold before 36 months. If the investments are redeemed after 36 months, a long-term capital gain tax of 20% with indexation is levied.
About L&T Financial Services
L&T Financial services works on the principle of following a disciplined approach to investment and risk management to ensure long-term risk-adjusted returns. The fund house follows a three-step process of identifying opportunities, evaluating them, and the monitoring the performance to make required changes.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Start your investment
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns