| NAV: 20 May 2022 | ₹13.14 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹1,053.25Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.3% | 5.4% | 6.3% | 7.6% |
| Category average | 3.7% | 6.3% | 6.5% | NA |
| Rank with in category | 16 | 5 | 3 | NA |
Holdings (25)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 9.7% |
National Bank For Agriculture & Rural Development | Financial | CP | 7.1% |
| Kotak Securities Ltd. | Services | CP | 4.9% |
LIC Housing Finance Ltd. | Financial | CP | 4.9% |
Canara Bank | Financial | CD | 4.9% |
| Infina Finance Pvt. Ltd. | Financial | CP | 4.9% |
Axis Bank Ltd. | Financial | CD | 4.8% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 4.8% |
HDFC Bank Ltd. | Financial | CD | 4.8% |
Kotak Mahindra Bank Ltd. | Financial | CD | 4.7% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.24%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹10,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Shriram RamanathanMar 2020 - PresentView details
Mahesh A ChhabriaNov 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in L&T Money Market Fund Direct IDCW Weekly?
You can easily invest in L&T Money Market Fund Direct IDCW Weekly 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:
- Log on to your Groww account
- Search for L&T Money Market Fund Direct IDCW Weekly from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in L&T Money Market Fund Direct IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does L&T Money Market Fund Direct IDCW Weekly provide?
The L&T Money Market Fund Direct IDCW Weekly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.27% since its inception.
How much expense ratio is charged by L&T Money Market Fund Direct IDCW Weekly?
The term
Expense Ratio used for L&T Money Market Fund Direct IDCW Weekly 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 IDCW Weekly is 0.24% as of 22 May 2022...
What is the AUM of L&T Money Market Fund Direct IDCW Weekly?
The AUM, short for Assets Under Management of L&T Money Market Fund Direct IDCW Weekly is ₹1,053.25Cr as of 22 May 2022.
How to Redeem L&T Money Market Fund Direct IDCW Weekly?
If you want to sell your L&T Money Market Fund Direct IDCW Weekly 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.
Can I invest in SIP and Lump Sum of L&T Money Market Fund Direct IDCW Weekly?
What is the NAV of L&T Money Market Fund Direct IDCW Weekly?
The NAV of L&T Money Market Fund Direct IDCW Weekly is ₹13.14 as of 20 May 2022.
