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Fincash » Mutual Funds » L T Money Market Fund

L&T Money Market Fund - G

NAV  ₹24.4314 ↑ 0.00  (0.02 %) as on 14 Jun 24

(Erstwhile L&T Floating Rate Fund)

Scheme Objective

To generate regular income through investment in a portfolio comprising substantially of floating rate debt/money market instruments, fixed rate debt/money market instruments swapped for floating rate returns, and fixed rate debt securities, Government securities and money market instruments.

L&T Money Market Fund is a Debt - Money Market fund launched on 10 Aug 05. It is a fund with Moderate risk and has given a CAGR return of 7.1% since its launch.  Ranked 12 in Money Market category.  Return for 2023 was 6.9% , 2022 was 4% and 2021 was 2.9% .

Below is the key information for L&T Money Market Fund

NAV as on 14 Jun 24₹24.4314 ↑ 0.00  (0.02 %)
Net Assets (AUM) as on 30 Apr 2024 ₹1,158 Cr.
Launch Date10 Aug 2005
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.61%
Effective Maturity9 Months 1 Day
Modified Duration8 Months 12 Days
Alpha Ratio0.0
Expense Ratio0.7 %
Sharpe Ratio0.269
Information Ratio0.0
BenchmarkNot Available
ISININF917K01BC9
AMCL&T Investment Management Ltd
Min Investment ₹10,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 3.7%
1 Year 7.1%
3 Year 5.4%
5 Year 6%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.9%
2022 4%
2021 2.9%
2020 5.4%
2019 8.2%
2018 7.3%
2017 7.5%
2016 9.1%
2015 8.4%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹10,863
31 May 21₹11,223
31 May 22₹11,542
31 May 23₹12,236
31 May 24₹13,106
L&T Money Market Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash71.14%
Debt28.64%
Other0.21%
L&T Money Market Fund Asset Allocation

Sector Allocation

SectorValue
Corporate60.46%
Cash Equivalent29.09%
Government10.23%
RatingValue
AAA100%
L&T Money Market Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
LIC Housing Finance Ltd.
Debentures | -
5%₹71 Cr1,500
India (Republic of)
- | -
3%₹48 Cr5,000,000
↑ 5,000,000
India (Republic of)
- | -
3%₹48 Cr5,000,000
↑ 5,000,000
India (Republic of)
- | -
3%₹48 Cr5,000,000
↓ -5,000,000
ICICI Bank Ltd.
Debentures | -
3%₹47 Cr1,000
Union Bank of India
Domestic Bonds | -
3%₹47 Cr1,000
Indian Bank
Domestic Bonds | -
3%₹47 Cr1,000
Kotak Mahindra Bank Ltd.
Debentures | -
2%₹24 Cr500
Canara Bank
Domestic Bonds | -
2%₹24 Cr500
CDMDF CLASS A2
Investment Fund | -
0%₹3 Cr2,953
1 - 10 of 31
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Fund Managers

NameSinceTenure
Kapil Punjabi26 Nov 221.43 Yr.
Shriram Ramanathan21 Mar 204.11 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HSBC Mutual Fund16, V N Road, Fort, Mumbai 400 001

Auditors

CompanyAddress
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
L&T Money Market Fund
Growth
₹24.4314
↑ 0.00
3.72 %7.1 %5.36 %6.04 %
L&T Money Market Fund
Daily Dividend, Reinvestment
₹10.8591
3.65 %7.05 %5.22 %5.45 %
L&T Money Market Fund
Monthly Dividend, Reinvestment
₹11.5797
↑ 0.00
3.7 %7.06 %5.34 %5.67 %
L&T Money Market Fund
Monthly Dividend, Payout
₹11.5797
↑ 0.00
3.7 %7.06 %5.34 %5.67 %
L&T Money Market Fund
Weekly Dividend, Reinvestment
₹13.1001
↑ 0.00
3.28 %6.51 %5.01 %5.32 %
Data as on 14 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.