Fund Details
L&T Money Market Fund Direct IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.25% |
| NAV | ₹13.11 (22 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,066 Cr |
Returns
Comparison
1. Lower expense ratio - 0.25%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.3% |
| Reserve Bank of India | Financial | T-Bills | 7.0% |
| Export-Import Bank Of India | Financial | CD | 7.0% |
| LIC Housing Finance Ltd. | Financial | CP | 4.7% |
| Reliance Industries Ltd. | Energy | CP | 4.7% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | CP | 4.7% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| HDFC Securities Ltd. | Financial | CP | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.6% |
Fund Managers
L&T Money Market Fund Direct IDCW Weekly Details
L&T Money Market Fund Direct IDCW 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,066 Cr and the Latest NAV as of 22 Apr 2021 is ₹13.11.
The L&T Money Market Fund Direct IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
Investment Objective
The scheme seek to generate regular income through investment in a portfolio comprising substantially of money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
