(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 2022 was 4% , 2021 was 2.9% and 2020 was 5.4% . NAV as on 29 Mar 23 ₹22.4376 ↑ 0.01 (0.06 %) Net Assets (AUM) as on 28 Feb 2023 ₹717 Cr. Launch Date 10 Aug 2005 Category Debt - Money Market Rating ☆☆☆☆ Type Open Ended Fund Risk Moderate Yield To Maturity 7.57% Effective Maturity 7 Months 22 Days Modified Duration 7 Months 22 Days Alpha Ratio 0.0 Expense Ratio 0.72 % Sharpe Ratio -2.163 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 29 Mar 23 Duration Returns 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
Year Returns 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
Date Value 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 Asset Allocation
Asset Class Value Cash 86.83% Debt 13.17% Sector Allocation
Sector Value Government 38.3% Corporate 37.77% Cash Equivalent 23.93% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 364 DTB 22022024
Sovereign Bonds | -6% ₹47 Cr 5,000,000 364 Dtb 15062023
Sovereign Bonds | -4% ₹28 Cr 2,860,000 364 DTB 14032024
Sovereign Bonds | -3% ₹23 Cr 2,500,000
↑ 2,500,000 Treps
CBLO/Reverse Repo | -7% ₹54 Cr ICICI Bank Limited
Certificate of Deposit | -6% ₹48 Cr 1,000 Bank Of Baroda
Certificate of Deposit | -6% ₹47 Cr 1,000 Canara Bank
Certificate of Deposit | -6% ₹47 Cr 1,000
↑ 1,000 HDFC Bank Limited
Certificate of Deposit | -6% ₹47 Cr 1,000
↑ 1,000 National Bank For Agriculture And Rural Development
Certificate of Deposit | -6% ₹47 Cr 1,000 Union Bank Of India
Certificate of Deposit | -6% ₹47 Cr 1,000
↑ 1,000
Talk to our investment specialistFund Managers
Name Since Tenure Kapil Punjabi 25 Nov 22 0.26 Yr. Shriram Ramanathan 20 Mar 20 2.95 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 ₹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