6M
1Y
3Y
5Y
All
Fund Details
L&T Money Market Fund Dividend Monthly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.73% |
| NAV | ₹11.56 (25 Jan 2021) |
|---|---|
| Fund Started | 10 Aug 2005 |
| Fund Size | ₹952 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 amount₹1,000
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
| 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% |
See All
Fund Managers
Shriram Ramanathan
Jalpan Shah
Vikas Garg
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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L&T Money Market Fund Dividend Monthly
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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
Website
NAL&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
enq_h@camsonline.comWebsite
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