L&T Money Market Fund Direct Plan Growth Option
- 7.88%
- 21.3921
Min amount: ₹1,000
Calculate Returns
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
- FAQs
Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 7.88% |
| 3 Years | 7.25% |
| 1 Year | 5.3% |
| 6 Months | 1.77% |
| Fund Details | |
|---|---|
| ISIN | INF917K01FE6 |
| Risk | Moderately Low risk |
| Fund Type | Money Market |
| NAV | 21.3921 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 182 DTB 04032021 | 11.95% |
| 182 DTB 18032021 | 5.97% |
| 91 DTB 25032021 | 5.96% |
| 91 DTB 01042021 | 5.96% |
| 182 DTB 25032021 | 2.98% |
| 364 DTB 25032021 | 1.79% |
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.
Customer Reviews
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "
IT Developer, Bangalore" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "
Software Engineer, Indore" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "
Campus Manager, Bangalore
Invest Now in 3 Easy Steps
- 1
- 2
- 3
Why ClearTax Invest?
Our experts do all the research and offer only the BEST mutual funds- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
Calculate Returns
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