fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » L T Money Market Fund

L&T Money Market Fund - G

NAV  ₹20.2117 ↑ 0.02  (0.10 %) as on 26 May 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 26 May 20₹20.2117 ↑ 0.02  (0.10 %)
Net Assets (AUM) as on 30 Apr 2020 ₹878 Cr.
Launch Date10 Aug 2005
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity5.61%
Effective Maturity7 Months 6 Days
Modified Duration6 Months 29 Days
Alpha Ratio0.0
Expense Ratio0.77 %
Sharpe Ratio2.242
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 26 May 20

DurationReturns
1 Month 1%
3 Month 2.2%
6 Month 3.6%
1 Year 8.9%
3 Year 7.7%
5 Year 8.1%
10 Year
15 Year
Since launch 7.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 8.2%
2018 7.3%
2017 7.5%
2016 9.1%
2015 8.4%
2014 8.6%
2013 8.7%
2012 10.6%
2011 9.3%

Growth of 10k Over Years

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,862
30 Apr 17₹11,807
30 Apr 18₹12,670
30 Apr 19₹13,637
30 Apr 20₹14,705
L&T Money Market Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash88.18%
Debt11.8%
Other0.03%
L&T Money Market Fund Asset Allocation

Sector Allocation

SectorValue
Corporate62.15%
Cash Equivalent37.82%
RatingValue
AAA100%
L&T Money Market Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Limited
Certificate of Deposit | -
8%₹73 Cr7,500
Reliance Industries Limited
Commercial Paper | -
8%₹71 Cr1,500
↑ 1,500
Reliance Jio Infocomm Limited
Commercial Paper | -
6%₹49 Cr1,000
↑ 1,000
Export-Import Bank Of India
Certificate of Deposit | -
6%₹49 Cr5,000
Small Industries Development Bank Of India
Certificate of Deposit | -
6%₹48 Cr5,000
Bank Of Baroda
Certificate of Deposit | -
5%₹48 Cr5,000
Kotak Mahindra Bank Limited
Certificate of Deposit | -
5%₹44 Cr4,500
↑ 2,000
JSW Steel Limited
Commercial Paper | -
5%₹40 Cr800
LIC Housing Finance Limited
Commercial Paper | -
3%₹25 Cr500
The Tata Power Company Limited
Commercial Paper | -
3%₹25 Cr500
↑ 500
1 - 10 of 32
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Shriram Ramanathan20 Mar 200.03 Yr.
Jalpan Shah3 Apr 173 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
₹20.2117
↑ 0.02
3.59 %8.91 %7.72 %8.1 %
L&T Money Market Fund
Daily Dividend, Reinvestment
₹10.8591
2.51 %6.22 %5.43 %5.73 %
L&T Money Market Fund
Monthly Dividend, Reinvestment
₹11.6958
↑ 0.01
2.89 %6.96 %5.81 %6.01 %
L&T Money Market Fund
Monthly Dividend, Payout
₹11.6958
↑ 0.01
2.89 %6.96 %5.81 %6.01 %
L&T Money Market Fund
Weekly Dividend, Reinvestment
₹13.025
↑ 0.01
2.72 %6.01 %5.52 %5.95 %
Data as on 26 May 20

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