| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.25% |
| NAV | ₹13.08 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,091 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 12.7% |
| Tata Power Co. Ltd. | Energy | CP | 6.8% |
| Reliance Industries Ltd. | Energy | CP | 6.8% |
| Reserve Bank of India | Financial | T-Bills | 6.8% |
| Larsen & Toubro Ltd. | Construction | CP | 6.8% |
| Power Finance Corpn. Ltd. | Financial | CP | 6.7% |
| ICICI Bank Ltd. | Financial | CD | 4.5% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
| Muthoot Finance Ltd. | Financial | CP | 2.3% |
L&T Money Market Fund Direct Dividend weekly 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 Dividend weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,091 Cr and the Latest NAV as of 23 Oct 2020 is ₹13.08.
The L&T Money Market Fund Direct Dividend weekly 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.