Fund Details
L&T Money Market Fund Direct Dividend weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.25% |
| NAV | ₹13.09 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹952 Cr |
Returns
Comparison
1. Lower expense ratio - 0.25%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 10.5% |
| Larsen & Toubro Ltd. | Construction | CP | 7.8% |
| Reliance Industries Ltd. | Energy | CP | 5.2% |
| Reserve Bank of India | Financial | T-Bills | 5.2% |
| LIC Housing Finance Ltd. | Financial | CP | 5.2% |
| ICICI Securities Ltd. | Financial | CP | 5.2% |
| Bajaj Housing Finance Ltd. | Financial | CP | 5.1% |
| Aditya Birla Fashion and Retail Ltd. | Services | CP | 4.2% |
| Tata Power Renewable Energy Ltd. | Engineering | CP | 3.7% |
| Indusind Bank Ltd. | Financial | CD | 3.6% |
Fund Managers
L&T Money Market Fund Direct Dividend weekly Details
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 ₹952 Cr and the Latest NAV as of 25 Jan 2021 is ₹13.09.
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.
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.
