|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹11.52 (23 Jul 2021)|
|Fund Started||10 Aug 2005|
|Fund Size||₹910 Cr|
|Larsen & Toubro Ltd.||Construction||CP||5.5%|
|Reliance Jio Infocomm Ltd.||Communication||CP||5.5%|
|Axis Bank Ltd.||Financial||CD||5.5%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||5.5%|
|Export-Import Bank Of India||Financial||CD||5.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.5%|
|Reliance Industries Ltd - Partly Paid Equity||Energy||CP||5.5%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Bajaj Housing Finance Ltd.||Financial||CP||5.4%|
L&T Money Market Fund IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹910 Cr and the Latest NAV as of 23 Jul 2021 is ₹11.52.
The L&T Money Market Fund IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
The scheme seek to generate regular income through investment in a portfolio comprising substantially of 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.