|Min SIP Amount||₹1000|
|NAV||₹21.32 (22 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹952 Cr|
|Reserve Bank of India||Financial||T-Bills||10.5%|
|Larsen & Toubro Ltd.||Construction||CP||7.8%|
|Reliance Industries Ltd.||Energy||CP||5.2%|
|Reserve Bank of India||Financial||T-Bills||5.2%|
|LIC Housing Finance Ltd.||Financial||CP||5.2%|
|ICICI Securities Ltd.||Financial||CP||5.2%|
|Bajaj Housing Finance Ltd.||Financial||CP||5.1%|
|Aditya Birla Fashion and Retail Ltd.||Services||CP||4.2%|
|Tata Power Renewable Energy Ltd.||Engineering||CP||3.7%|
|Indusind Bank Ltd.||Financial||CD||3.6%|
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 ₹952 Cr and the Latest NAV as of 22 Jan 2021 is ₹21.32.
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.
The scheme seek to generate regular income through investment in a portfolio comprising substantially of 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.