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Fincash » Mutual Funds » L T Money Market Fund

L&T Money Market Fund - G

NAV  ₹22.4376 ↑ 0.01  (0.06 %) as on 29 Mar 23

(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 2022 was 4% , 2021 was 2.9% and 2020 was 5.4% .

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

NAV as on 29 Mar 23₹22.4376 ↑ 0.01  (0.06 %)
Net Assets (AUM) as on 28 Feb 2023 ₹717 Cr.
Launch Date10 Aug 2005
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.57%
Effective Maturity7 Months 22 Days
Modified Duration7 Months 22 Days
Alpha Ratio0.0
Expense Ratio0.72 %
Sharpe Ratio-2.163
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 29 Mar 23

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3.1%
1 Year 4.8%
3 Year 4.1%
5 Year 5.5%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4%
2021 2.9%
2020 5.4%
2019 8.2%
2018 7.3%
2017 7.5%
2016 9.1%
2015 8.4%
2014 8.6%

Growth of 10k Over Years

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,750
29 Feb 20₹11,600
28 Feb 21₹12,156
28 Feb 22₹12,525
28 Feb 23₹13,084
L&T Money Market Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash86.83%
Debt13.17%
L&T Money Market Fund Asset Allocation

Sector Allocation

SectorValue
Government38.3%
Corporate37.77%
Cash Equivalent23.93%
RatingValue
AAA100%
L&T Money Market Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
364 DTB 22022024
Sovereign Bonds | -
6%₹47 Cr5,000,000
364 Dtb 15062023
Sovereign Bonds | -
4%₹28 Cr2,860,000
364 DTB 14032024
Sovereign Bonds | -
3%₹23 Cr2,500,000
↑ 2,500,000
Treps
CBLO/Reverse Repo | -
7%₹54 Cr
ICICI Bank Limited
Certificate of Deposit | -
6%₹48 Cr1,000
Bank Of Baroda
Certificate of Deposit | -
6%₹47 Cr1,000
Canara Bank
Certificate of Deposit | -
6%₹47 Cr1,000
↑ 1,000
HDFC Bank Limited
Certificate of Deposit | -
6%₹47 Cr1,000
↑ 1,000
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
6%₹47 Cr1,000
Union Bank Of India
Certificate of Deposit | -
6%₹47 Cr1,000
↑ 1,000
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Fund Managers

NameSinceTenure
Kapil Punjabi25 Nov 220.26 Yr.
Shriram Ramanathan20 Mar 202.95 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
₹22.4376
↑ 0.01
3.1 %4.78 %4.15 %5.48 %
L&T Money Market Fund
Daily Dividend, Reinvestment
₹10.8591
2.98 %4.66 %4 %4.43 %
L&T Money Market Fund
Monthly Dividend, Reinvestment
₹11.5485
↑ 0.01
2.51 %4.18 %3.94 %4.57 %
L&T Money Market Fund
Monthly Dividend, Payout
₹11.5485
↑ 0.01
2.51 %4.18 %3.94 %4.57 %
L&T Money Market Fund
Weekly Dividend, Reinvestment
₹13.1001
↓ -0.01
2.95 %4.63 %3.98 %4.5 %
Data as on 29 Mar 23

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