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L&T Money Market Fund Direct IDCW Weekly

Debt
Money Market
Low to Moderate Risk
6.31%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Oct 2021₹13.14
Min. SIP amount₹1,000
Rating2star
Fund size₹1,277.07 Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%6.3%6.9%7.9%
Category average3.7%6.3%6.5%NA
Rank with in category1681NA
Understand termsinfo

Holdings (29)

NameSectorInstrumentAssets
GOI
SovereignCGL10.9%
Karnataka State
OthersSDL6.1%
Sikka Ports and Terminals Ltd.
EnergyCP5.8%
EnergyCP5.0%
Punjab State
OthersSDL4.0%
Bajaj Housing Finance Ltd.
FinancialCP3.9%
FinancialCP3.9%
FinancialCP3.9%
ConstructionCP3.9%
Export-Import Bank Of India
FinancialCD3.9%
See All

Pros and cons

info
Category: Debt Money Market
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Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.24%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

1Y annualised returns lower than category average by 0.28%
Low rating: 2

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.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹10,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Mar 2020 - Present
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Jalpan Shah
Apr 2017 - Present
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Vikas Garg
Apr 2017 - Present
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Fund house & investment objective

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Fund house contact details

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