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Fincash » Mutual Funds » L T Money Market Fund

L&T Money Market Fund - G

NAV  ₹19.552 ↓ 0.00   (0.01 %) as on 13 Dec 19

(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 2018 was 7.3% , 2017 was 7.5% and 2016 was 9.1% .

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

NAV as on 13 Dec 19₹19.552 ↓ 0.00   (0.01 %)
Net Assets (AUM) as on 31 Oct 2019 ₹788 Cr.
Launch Date10 Aug 2005
CategoryDebt - Money Market
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity5.75%
Effective Maturity6 Months 22 Days
Modified Duration6 Months 14 Days
Alpha Ratio7.27
Expense Ratio0.77 %
Sharpe Ratio2.487
Information Ratio0.61
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 13 Dec 19

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 7.3%
1 Year 8.5%
3 Year 7.7%
5 Year 8.2%
10 Year
15 Year
Since launch 7.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 7.3%
2017 7.5%
2016 9.1%
2015 8.4%
2014 8.6%
2013 8.7%
2012 10.6%
2011 9.3%
2010 5.2%

Growth of 10k Over Years

DateValue
30 Nov 14₹10,000
30 Nov 15₹10,849
30 Nov 16₹11,870
30 Nov 17₹12,746
30 Nov 18₹13,635
30 Nov 19₹14,819
L&T Money Market Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash102.48%
L&T Money Market Fund Asset Allocation

Sector Allocation

SectorValue
Corporate65.45%
Cash Equivalent28.99%
Government8.03%
L&T Money Market Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Limited
Certificate of Deposit | -
8%₹67 Cr7,000
↑ 2,000
HDFC BANK LIMITED
Certificate of Deposit | -
8%₹63 Cr6,500
↑ 1,500
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
6%₹49 Cr5,000
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
6%₹49 Cr1,000
LIC Housing Finance Limited
Commercial Paper | -
6%₹48 Cr1,000
↑ 500
AXIS BANK LIMITED
Certificate of Deposit | -
6%₹48 Cr5,000
Kotak Mahindra Bank Limited
Certificate of Deposit | -
6%₹48 Cr5,000
BANK OF BARODA
Certificate of Deposit | -
5%₹39 Cr4,000
↑ 1,500
Hinduja Leyland Finance Limited
Commercial Paper | -
3%₹25 Cr500
↑ 500
Manappuram Finance Limited
Commercial Paper | -
3%₹25 Cr500
↑ 500
1 - 10 of 27
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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
₹19.552
↑ 0.00
7.33 %8.48 %7.71 %8.15 %
L&T Money Market Fund
Weekly Dividend, Reinvestment
₹13.1111
↑ 0.00
5.45 %5.6 %5.54 %5.97 %
L&T Money Market Fund
Daily Dividend, Reinvestment
₹10.8591
5.31 %5.47 %5.31 %5.66 %
L&T Money Market Fund
Monthly Dividend, Reinvestment
₹11.66
↑ 0.00
6.28 %6.48 %5.59 %5.89 %
L&T Money Market Fund
Monthly Dividend, Payout
₹11.66
↑ 0.00
6.28 %6.48 %5.59 %5.89 %
Data as on 13 Dec 19

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