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Fincash » Mutual Funds » L T Money Market Fund

L&T Money Market Fund - G

NAV  ₹21.6738 ↑ 0.00  (0.01 %) as on 19 Aug 22

(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 7.2% since its launch.  Ranked 12 in Money Market category.  Return for 2021 was 2.9% , 2020 was 5.4% and 2019 was 8.2% .

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

NAV as on 19 Aug 22₹21.6738 ↑ 0.00  (0.01 %)
Net Assets (AUM) as on 30 Jun 2022 ₹852 Cr.
Launch Date10 Aug 2005
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity5.62%
Effective Maturity4 Months 17 Days
Modified Duration4 Months 13 Days
Alpha Ratio0.0
Expense Ratio0.73 %
Sharpe Ratio-1.801
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 19 Aug 22

DurationReturns
1 Month 0.4%
3 Month 1.2%
6 Month 1.6%
1 Year 3.2%
3 Year 4.9%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 2.9%
2020 5.4%
2019 8.2%
2018 7.3%
2017 7.5%
2016 9.1%
2015 8.4%
2014 8.6%
2013 8.7%

Growth of 10k Over Years

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,685
31 Jul 19₹11,398
31 Jul 20₹12,398
31 Jul 21₹12,765
31 Jul 22₹13,154
L&T Money Market Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash82.36%
Debt17.64%
L&T Money Market Fund Asset Allocation

Sector Allocation

SectorValue
Government36.59%
Corporate32.84%
Cash Equivalent30.57%
RatingValue
AAA100%
L&T Money Market Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
182 Dtb 15122022
Sovereign Bonds | -
5%₹49 Cr5,000,000
182 DTB 05012023
Sovereign Bonds | -
5%₹49 Cr5,000,000
↑ 5,000,000
364 Dtb 09032023
Sovereign Bonds | -
5%₹48 Cr5,000,000
↑ 5,000,000
182 Dtb 15092022
Sovereign Bonds | -
3%₹25 Cr2,500,000
↓ -5,000,000
364 Dtb 23022023
Sovereign Bonds | -
1%₹12 Cr1,213,800
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo
CBLO/Reverse Repo | -
9%₹77 Cr
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
8%₹72 Cr1,500
Reliance Jio Infocomm Ltd.
Commercial Paper | -
6%₹50 Cr1,000
Axis Finance Ltd.
Commercial Paper | -
6%₹49 Cr1,000
↑ 1,000
Hdfc Bank Limited
Certificate of Deposit | -
5%₹49 Cr1,000
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Fund Managers

NameSinceTenure
Shriram Ramanathan20 Mar 202.36 Yr.
Mahesh Chhabria25 Nov 210.68 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
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
₹21.6738
↑ 0.00
1.62 %3.18 %4.85 %5.62 %
L&T Money Market Fund
Daily Dividend, Reinvestment
₹10.8591
1.36 %2.92 %4.03 %4.35 %
L&T Money Market Fund
Monthly Dividend, Reinvestment
₹11.5226
↑ 0.00
1.61 %3.18 %4.36 %4.57 %
L&T Money Market Fund
Monthly Dividend, Payout
₹11.5226
↑ 0.00
1.61 %3.18 %4.36 %4.57 %
L&T Money Market Fund
Weekly Dividend, Reinvestment
₹13.0775
↑ 0.00
1.61 %3.18 %4.19 %4.46 %
Data as on 19 Aug 22

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