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L&T Money Market Fund

L&T Money Market Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.34

as on 27 Jan 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,694 today.

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NAV Performance

L&T Money Market Fund performance graph for last 3 years
Performance of L&T Money Market Fund for last 3 Years

Fund Information

  • ₹ 21.283

    as on 27 Jan 2022
  • Regular - Growth

  • 12 / 20

  • ₹ 10,000

  • ₹ 1,005 Cr.

    as on 27 Jan 2022
  • 0.72%

    since 30 Nov 2021
  • 10 Aug 2005

  • Debt - Money Market Fund

  • CRISIL 10 Year Gilt Index

  • L&T Mutual Fund

    Show All Funds

Highlights of this fund

L&T Money Market Fund is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 10 Aug 2005. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Debt funds offered by L&T Mutual Fund.

Latest NAV of the fund is ₹ 21.283 as on 27 Jan 2022.

This fund has 16 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.72%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 10,000.

Fund Objective

The investment objective of the Scheme is to generate regular returns in line with the overnight rates. INVESTMENT OBJECTIVE FUND DETAILS PORTFOLIO ALLOCATION A1+/ A1+(SO) Sovereign TREPS/Rev Repo/NR/NP Exit Load: Nil For details of the performance of the schemes, please refer page nos 43 to 46. For product label please refer Page 3 of the factsheet. % RATING PROFILE % ASSET ALLOCATION PROFILE 3.57% 61.82% 34.61% 0.13% 61.82% 34.61% 3.44% 0- 3 Months 80.59% 10.03% 5.81% 3.57% 0% 20% 40% 60% 80% 100% 3- 6 Months 6 Months - 1 Year TREPS/ Rev Repo/NR/NP o generate regular income through investment in a portfolio comprising substantially of money market instruments.

List of Fund Managers of L&T Money Market Fund

  • About Shriram Ramanathan

    Picture of Shriram RamanathanShriram Ramanathan is Head – Fixed Income at L&T Investment Management and has over 16 years of experience in the fixed income markets in India.He manages L&T Income Opportunities Fund, L&T Low Duration Fund, L&TTriple Ace Bond Fund, L&T Money Market Fund and L&T Resurgent India BondFund. Shriram is the co-manager for L&T Liquid Fund, L&T Short TermOpportunities Fund and L&T Flexi Bond Fund and also manages the debtportion of L&T India Prudence Fund.Prior to joining L&T Investment Management, Sriram was a Portfolio Manager at FIL Fund Management. In his previous roles, he was a Senior Investment Manager – Global Emerging Market Debt (Asia) at ING Investment Management Asia Pacific in Hong Kong, and a fixed income fund manager in India. His earlier assignments were with Zurich Asset Management Company in fixed income research and with the Treasury department of ICICI Bank, where he started his career in investments in 2000.Shriram is a Chartered Financial Analyst and holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur along with an engineering degree from the university of mumbai B.E (Electrical), PGDBM-XLRI, CFA.
  • About Mahesh A. Chhabria

    Picture of Mahesh A. Chhabria

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.07% 0.35% 1.01% 1.86% 4.01% 14.23% 6.26% 6.67% 8.46% 3.86% 8.70% 8.34% 6.01% 6.98%
Category Average 0.06% 0.30% 0.90% 1.69% 3.59% 5.15% 5.60% 6.13% 7.17% 3.49% 4.13% 4.86% 5.52% 6.50%
L&T Money Market Fund 0.06%₹ 10,005 0.27%₹ 10,026 0.84%₹ 10,084 1.54%₹ 10,153 2.98%₹ 10,298 3.03%₹ 12,196 4.01%₹ 10,820 3.27%₹ 24,822 5.34%₹ 11,694 4.22%₹ 38,398 6.14%₹ 13,473 5.32%₹ 68,645 3.33%₹ 13,881 5.30%₹ 1,57,492
UTI Money Market Fund 0.06%₹ 10,005 0.35%₹ 10,035 0.96%₹ 10,096 1.84%₹ 10,184 3.88%₹ 10,387 3.78%₹ 12,244 4.81%₹ 10,987 4.12%₹ 25,038 5.80%₹ 11,846 4.81%₹ 38,736 6.39%₹ 13,631 5.78%₹ 69,454 7.55%₹ 20,723 6.82%₹ 1,70,432
Nippon India Money Market Fund 0.05%₹ 10,004 0.35%₹ 10,034 1.01%₹ 10,100 1.86%₹ 10,186 3.91%₹ 10,390 3.81%₹ 12,247 4.80%₹ 10,983 4.12%₹ 25,040 5.82%₹ 11,853 4.82%₹ 38,746 6.42%₹ 13,649 5.82%₹ 69,517 7.56%₹ 20,741 6.83%₹ 1,70,562
Aditya Birla Sun Life Money Manager Fund 0.06%₹ 10,006 0.35%₹ 10,034 1.00%₹ 10,099 1.86%₹ 10,186 3.98%₹ 10,398 3.86%₹ 12,250 5.14%₹ 11,055 4.27%₹ 25,078 6.04%₹ 11,928 5.04%₹ 38,871 6.58%₹ 13,753 6.01%₹ 69,846 7.70%₹ 21,002 6.98%₹ 1,71,928
SBI Savings Fund 0.06%₹ 10,005 0.30%₹ 10,029 0.85%₹ 10,084 1.61%₹ 10,160 3.43%₹ 10,342 3.32%₹ 12,215 4.40%₹ 10,900 3.70%₹ 24,931 5.44%₹ 11,725 4.43%₹ 38,516 5.93%₹ 13,341 5.36%₹ 68,711 7.41%₹ 20,443 6.56%₹ 1,68,123
ICICI Prudential Money Market Fund 0.07%₹ 10,006 0.31%₹ 10,030 0.92%₹ 10,092 1.78%₹ 10,178 3.77%₹ 10,377 3.66%₹ 12,237 4.86%₹ 10,997 4.06%₹ 25,025 5.79%₹ 11,845 4.80%₹ 38,732 6.36%₹ 13,612 5.76%₹ 69,418 7.54%₹ 20,702 6.79%₹ 1,70,241

Portfolio Holdings

Portfolio holdings pattern of L&T Money Market Fund as on 28 Jan 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    95.01%
  • Others Holdings:

    4.99%

Top Debt Instrument Type holdings of L&T Money Market Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 57.55% ₹ 615.90 Cr.
CD 19.36% ₹ 207.37 Cr.
GOI 11.65% ₹ 124.70 Cr.
T-Bills 6.45% ₹ 69.04 Cr.
Others 4.99% -

Top Debt Holdings of L&T Money Market Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 11.65% ₹ 124.70 Cr.
Bond - Reliance Industries Ltd. 8.31% ₹ 88.90 Cr.
Bond - Axis Bank Ltd. 7.85% ₹ 84.12 Cr.
Bond - Sikka Ports & Terminals Ltd. 6.92% ₹ 74.08 Cr.
Bond - HDFC Bank Ltd. 6.90% ₹ 73.91 Cr.
Others 58.37%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.01%
Net Receivables -0.02%