|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹10.86 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹910 Cr|
|Reliance Jio Infocomm Ltd.||Communication||CP||5.5%|
|Larsen & Toubro Ltd.||Construction||CP||5.5%|
|Axis Bank Ltd.||Financial||CD||5.5%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||5.5%|
|Export-Import Bank Of India||Financial||CD||5.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.5%|
|Reliance Industries Ltd - Partly Paid Equity||Energy||CP||5.5%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Bajaj Housing Finance Ltd.||Financial||CP||5.4%|
L&T Money Market Fund Direct IDCW Daily 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹910 Cr and the Latest NAV as of 23 Jul 2021 is ₹10.86.
The L&T Money Market Fund Direct IDCW Daily is rated Low to Moderate 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.