|Min SIP Amount||₹1000|
|NAV||₹10.86 (07 Jul 2020)|
|Fund Started||10 Aug 2005|
|Fund Size||₹1,112 Cr|
|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 Dividend Daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 10 Aug 2005. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Money Market Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,112 Cr and the Latest NAV as of 07 Jul 2020 is ₹10.86.
The L&T Money Market Fund Dividend Daily 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.