L&T Money Market Fund Direct Plan Growth Option - Regular - Latest NAV [ ₹21.8654 ], Returns, Performance, Portfolio & Returns 2021

L&T Money Market Fund Direct Plan Growth Option

  • highlight
    6.94%
  • highlight
    21.8654

Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.94%
3 Years6.31%
1 Year3.36%
6 Months1.7%
Fund Details
ISININF917K01FE6
RiskLow to Moderate Risk
Fund TypeMoney Market
NAV21.8654
Exit Load--

More about this fundstar

Top HoldingsWeightage
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo11.55%
(B) Net Receivables/(Payables)7.24%
Sikka Ports & Terminals Limited6.65%
HDFC Bank Limited6.64%
Reliance Industries Limited5.75%
Axis Bank Limited5.33%
8.79% Punjab SDL 20224.63%
LIC Housing Finance Limited4.45%
Bajaj Housing Finance Limited4.44%
Ultratech Cement Limited4.42%

About L&T Money Market Fund - Direct Plan - Growth

The main intention of the scheme is to offer stable returns over the investment tenure by forming a portfolio consisting of money market instruments. Investing in this fund is apt for those looking to earn high returns at lower risk levels.

Pros and Cons of L&T Money Market Fund - Direct Plan - Growth

The most significant advantage of investing in this fund is that you gain exposure towards a portfolio consisting of various fixed-income securities across debt and money market instruments. On the flip side, the returns offered by these funds can be curtailed as equity exposure is minimal to nil.

Fund Information and Statistics

i) Inception/Launch Date

L&T Money Market Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

L&T Money Market Fund - Direct Plan - Growth has been clubbed under the ‘moderately low risk’ class of mutual funds.

iii) Redemption

Since L&T Money Market Fund - Direct Plan - Growth is open-ended, you can sell your fund units any time.

iv) Fund Manager

Mr Jalpan Shah and Mr Shriram Ramanathan are the current fund managers of L&T Money Market Fund - Direct Plan - Growth.

v) Entry/Exit load

There is no entry load as per the norms of the Indian market regulator. There are no exit load charges in order to facilitate instant withdrawals.

About L&T Mutual Fund

L&T Mutual Fund started offering mutual funds in India when it registered with the Indian securities market regulator in the year 1996. It is being sponsored by L&T Finance Holdings Limited, and its trustee company is L&T Mutual Fund Trustee Limited. As of June 2020, the assets under management of the fund house stood at Rs 58,361.93 crore.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Low to Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns