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L&T Money Market Fund Dividend Monthly+0.02%

5.07%
1 Year Return
Debt
Money Market
4.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Money Market Fund Dividend Monthly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.73%
NAV₹11.56 (25 Jan 2021)
Fund Started10 Aug 2005
Fund Size952 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.1%
6.8%
7.4%
8.3%
Category Average
5.3%
6.8%
7.0%
-
Rank Within Category
13
8
1
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.1% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. 1Y Returns are higher than the benchmark
4. 3Y Returns are higher than the benchmark
5. 5Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk is higher compared to the benchmark
3. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills10.5%
Larsen & Toubro Ltd.ConstructionCP7.8%
Reliance Industries Ltd.EnergyCP5.2%
Reserve Bank of IndiaFinancialT-Bills5.2%
LIC Housing Finance Ltd.FinancialCP5.2%
ICICI Securities Ltd.FinancialCP5.2%
Bajaj Housing Finance Ltd.FinancialCP5.1%
Aditya Birla Fashion and Retail Ltd.ServicesCP4.2%
Tata Power Renewable Energy Ltd.EngineeringCP3.7%
Indusind Bank Ltd.FinancialCD3.6%
See All

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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Vikas Garg
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L&T Money Market Fund Dividend Monthly Details

L&T Money Market Fund Dividend Monthly 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 Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹952 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.56.

The L&T Money Market Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000.

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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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