|Min SIP Amount||₹1000|
|NAV||₹20.99 (11 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,090 Cr|
|ICICI Bank Ltd.||Financial||CD||6.8%|
|Reserve Bank of India||Financial||T-Bills||6.7%|
|Reliance Industries Ltd.||Energy||CP||6.7%|
|Larsen & Toubro Ltd.||Construction||CP||6.7%|
|Tata Power Co. Ltd.||Energy||CP||4.6%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||4.5%|
|Kotak Mahindra Bank Ltd.||Financial||CD||4.1%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||4.1%|
|Network 18 Media & Investments Ltd.||Services||CP||2.3%|
|Kotak Mahindra Bank Ltd.||Financial||CD||2.3%|
L&T Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Money Market Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,090 Cr and the Latest NAV as of 11 Aug 2020 is ₹20.99.
The L&T Money Market Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments swapped for floating rate returns, fixed rate debt securities, government securities and money market instruments
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.