| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.25% |
| NAV | ₹13.06 (08 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,188 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | CD | 8.3% |
| Power Grid Corporation of India Ltd. | Energy | CP | 6.3% |
| Reliance Industries Ltd. | Energy | CP | 6.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.0% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 4.2% |
| Indian Oil Corpn. Ltd. | Energy | CP | 4.2% |
| Tata Power Co. Ltd. | Energy | CP | 4.2% |
| Export-Import Bank Of India | Financial | CD | 4.2% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.1% |
| Bank Of Baroda | Financial | CD | 4.1% |
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 ₹1,188 Cr and the Latest NAV as of 08 Jul 2020 is ₹13.06.
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.
To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments swapped for floating rate returns, fixed rate debt securities, government securities and 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.