Fund Details
L&T Money Market Fund Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.73% |
| NAV | ₹20.80 (20 Apr 2021) |
|---|---|
| Fund Started | 10 Aug 2005 |
| Fund Size | ₹1,066 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.3% |
| Reserve Bank of India | Financial | T-Bills | 7.0% |
| Export-Import Bank Of India | Financial | CD | 7.0% |
| LIC Housing Finance Ltd. | Financial | CP | 4.7% |
| Reliance Industries Ltd. | Energy | CP | 4.7% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | CP | 4.7% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| HDFC Securities Ltd. | Financial | CP | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.6% |
Fund Managers
L&T Money Market Fund Growth Details
L&T Money Market Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,066 Cr and the Latest NAV as of 20 Apr 2021 is ₹20.80.
The L&T Money Market Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
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.
