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Fincash » Mutual Funds » L T Money Market Fund

L&T Money Market Fund - G

NAV  ₹19.6728 ↓ 0.00   (0.01 %) as on 28 Jan 20

(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 7.8% since its launch.  Ranked 12 in Money Market category.  Return for 2019 was 8.2% , 2018 was 7.3% and 2017 was 7.5% .

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

NAV as on 28 Jan 20₹19.6728 ↓ 0.00   (0.01 %)
Net Assets (AUM) as on 31 Dec 2019 ₹902 Cr.
Launch Date10 Aug 2005
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity5.78%
Effective Maturity5 Months 1 Day
Modified Duration4 Months 28 Days
Alpha Ratio0.0
Expense Ratio0.77 %
Sharpe Ratio2.199
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 28 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 5.2%
1 Year 8%
3 Year 7.6%
5 Year 8.1%
10 Year
15 Year
Since launch 7.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 8.2%
2017 7.3%
2016 7.5%
2015 9.1%
2014 8.4%
2013 8.6%
2012 8.7%
2011 10.6%
2010 9.3%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,844
31 Dec 16₹11,835
31 Dec 17₹12,718
31 Dec 18₹13,652
31 Dec 19₹14,775
L&T Money Market Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash101.04%
L&T Money Market Fund Asset Allocation

Sector Allocation

SectorValue
Corporate71.17%
Cash Equivalent20.11%
Government9.76%
L&T Money Market Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Kotak Securities Limited
Commercial Paper | -
5%₹49 Cr1,000
↑ 1,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
5%₹49 Cr5,000
↑ 5,000
Reliance Industries Limited
Commercial Paper | -
5%₹49 Cr1,000
INDIAN BANK
Certificate of Deposit | -
5%₹49 Cr5,000
LIC Housing Finance Limited
Commercial Paper | -
5%₹49 Cr1,000
HDFC BANK LIMITED
Certificate of Deposit | -
5%₹48 Cr5,000
Kotak Mahindra Bank Limited
Certificate of Deposit | -
5%₹48 Cr5,000
AXIS BANK LIMITED
Certificate of Deposit | -
5%₹48 Cr5,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Certificate of Deposit | -
4%₹39 Cr4,000
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo
CBLO/Reverse Repo | -
4%₹34 Cr
1 - 10 of 31
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Fund Managers

NameSinceTenure
Jalpan Shah3 Apr 172.66 Yr.
Vikas Garg3 Apr 172.66 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 Svcs
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
L&T Mutual Fund6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E)

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
₹19.6728
↑ 0.00
5.24 %8.03 %7.59 %8.06 %
L&T Money Market Fund
Daily Dividend, Reinvestment
₹10.8591
3.21 %5.17 %5.22 %5.63 %
L&T Money Market Fund
Monthly Dividend, Reinvestment
₹11.5918
↓ -0.07
4.17 %5.98 %5.52 %5.91 %
L&T Money Market Fund
Monthly Dividend, Payout
₹11.5918
↓ -0.07
4.17 %5.98 %5.52 %5.91 %
L&T Money Market Fund
Weekly Dividend, Reinvestment
₹13.1129
↓ -0.01
3.56 %5.14 %5.43 %5.92 %
Data as on 28 Jan 20

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