|NAV: 17 May 2022||₹22.25|
|Min. SIP amount||₹1,000|
|Rank with in category||15||5||3||NA|
Reserve Bank of India
National Bank For Agriculture & Rural Development
|Kotak Securities Ltd.||Services||CP||4.9%|
LIC Housing Finance Ltd.
|Infina Finance Pvt. Ltd.||Financial||CP||4.9%|
Axis Bank Ltd.
|Reliance Jio Infocomm Ltd.||Communication||CP||4.8%|
HDFC Bank Ltd.
Kotak Mahindra Bank Ltd.
Inclusive of GST
0.005% (from July 1st, 2020)
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
|Min. for 1st investment||₹10,000|
|Min. for 2nd investment onwards||₹1,000|
|Min. for SIP||₹1,000|
You can easily invest in L&T Money Market Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
The L&T Money Market Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.27% since its inception.
Expense Ratio used for L&T Money Market Fund Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of L&T Money Market Fund Direct Growth is 0.24% as of 18 May 2022...
If you want to sell your L&T Money Market Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
The NAV of L&T Money Market Fund Direct Growth is ₹22.25 as of 17 May 2022.