(Erstwhile L&T Floating Rate Fund) Table of Contents 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 Below is the key information for L&T Money Market Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis L&T Money Market Fund - G
Scheme Objective
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% . NAV as on 26 Jul 24 ₹24.6408 ↑ 0.00 (0.02 %) Net Assets (AUM) as on 30 Jun 2024 ₹1,857 Cr. Launch Date 10 Aug 2005 Category Debt - Money Market Rating ☆☆☆☆ Type Open Ended Fund Risk Moderate Yield To Maturity 7.45% Effective Maturity 5 Months 28 Days Modified Duration 5 Months 16 Days Alpha Ratio 0.0 Expense Ratio 0.7 % Sharpe Ratio 0.164 Information Ratio 0.0 Benchmark Not Available ISIN INF917K01BC9 AMC L&T Investment Management Ltd Min Investment ₹10,000 Min SIP Investment ₹1,000 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.8% 1 Year 7.2% 3 Year 5.5% 5 Year 5.7% 10 Year 15 Year Since launch 7.1% Historical Annual Returns
Year Returns 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
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹10,931 30 Jun 21 ₹11,267 30 Jun 22 ₹11,601 30 Jun 23 ₹12,325 30 Jun 24 ₹13,204 Asset Allocation
Asset Class Value Cash 65.56% Debt 34.28% Other 0.16% Sector Allocation
Sector Value Corporate 52.67% Cash Equivalent 35.88% Government 11.28% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 182 DTB 14112024
Sovereign Bonds | -4% ₹83 Cr 8,500,000 182 DTB 07112024
Sovereign Bonds | -3% ₹49 Cr 5,000,000 364 DTB 21112024
Sovereign Bonds | -3% ₹49 Cr 5,000,000
↑ 5,000,000 Kotak Mahindra Bank Ltd.
Debentures | -3% ₹48 Cr 1,000
↑ 1,000 ICICI Bank Ltd.
Debentures | -3% ₹48 Cr 1,000 Union Bank of India
Domestic Bonds | -3% ₹48 Cr 1,000 LIC Housing Finance Ltd.
Debentures | -3% ₹48 Cr 1,000
↓ -500 Indian Bank
Domestic Bonds | -3% ₹48 Cr 1,000 Union Bank of India
Domestic Bonds | -3% ₹47 Cr 1,000
↑ 1,000 LIC Housing Finance Ltd.
Debentures | -3% ₹47 Cr 1,000
↑ 1,000
Talk to our investment specialistFund Managers
Name Since Tenure Kapil Punjabi 26 Nov 22 1.6 Yr. Shriram Ramanathan 21 Mar 20 4.28 Yr. Custodians
Company Address Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address HSBC Mutual Fund 16, V N Road, Fort, Mumbai 400 001 Auditors
Company Address M/s. Price Waterhouse India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year L&T Money Market Fund
Growth ₹24.6408
↑ 0.00 3.76 % 7.17 % 5.55 % 5.68 % L&T Money Market Fund
Daily Dividend, Reinvestment ₹10.8591 3.69 % 7.13 % 5.4 % 5.11 % L&T Money Market Fund
Monthly Dividend, Reinvestment ₹11.5418
↓ -0.07 3.15 % 6.54 % 5.52 % 5.26 % L&T Money Market Fund
Monthly Dividend, Payout ₹11.5418
↓ -0.07 3.15 % 6.54 % 5.52 % 5.26 % L&T Money Market Fund
Weekly Dividend, Reinvestment ₹13.0994
↑ 0.00 3.33 % 6.47 % 5.21 % 5.03 % Data as on 26 Jul 24