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you are here: Moneycontrol Mutual Funds Ultra Short Term Debt L&T Mutual Fund L&T Money Market Fund - Direct Plan (MD)

L&T Money Market Fund - Direct Plan (MD)

Previous Name: L&T Floating Rate Fund - Direct Plan (MD)
Plan: Direct | Option: Dividend | Type : Open-Ended | AMFI Code: 119429
Buy
11.741 0.00 ( 0.02 %)
NAV as on 22 Jun, 2018
Crisil MF Rank
Riskometer
MODERATELY HIGH
FUND Family
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Info

Average performance in the category

The scheme is ranked 3 in Ultra Short Term Debt category by Crisil (for quarter ended Mar 2018 ) rank unchanged from last quarter. If you are already invested in this scheme, you may continue to stay invested. But, do keep a check on its performance.

L&T Floating Rate Fund has been renamed as L&T Money Market Fund w.e.f. May 14, 2018

Chart

  • Benchmark Index

  • View Historic Graph

Returns (NAV as on Jun 22, 2018)
Period Returns(%) Rank#
1 Month 0.8
3 Months 1.8
6 Months 3.7
1 Year 7.5
2 Years 8.4
3 Years 8.7
5 Years 8.7

# Moneycontrol Rank within 159 Ultra Short Term Debt Schemes

*Returns over 1 year are Annualised

* Calculation Remark - Dividends are reinvested at the rate of return

Absolute Returns (in %)
Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2018 0.4 - - - -
2017 -0.3 0.3 0.0 0.0 0.1
2016 0.8 0.3 0.7 -0.5 1.5
2015 0.3 -0.1 0.3 0.3 1.1
2014 0.2 0.2 0.1 0.2 0.9
2013 -0.1 0.3 0.7 0.3 1.6

View where it stands within its peers

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Performance

Fund returns v/s Category average (Large Cap)

* Returns over 1 year are Annualised
  1mth(%) 3mth(%) 6mth(%) 1yr(%) 2yr(%) 3yr(%) 5yr(%)
Fund Returns 0.8 1.8 3.7 7.5 7.5 8.4 8.7
Category average 0.7 1.4 3 5.9 6.8 7.2 7.4
Difference of Fund returns and Category returns 0.1 0.4 0.7 1.6 0.7 1.2 1.3
Best of Category 0.9 1.9 3.8 7.7 8.6 9 9.4
Worst of Category 0.3 0.1 0.2 3.6 5.1 3.9 5.8
Benchmark returns # 0 0 0 0 0 0 0
Difference of Fund returns and Benchmark returns 0 0 0 0 0 0 0

Investment Information

Investment Objective

To generate regular income through investment in a portfolio comprising substantially of money market instruments.

Registrars
  • Fund Type:

    Open-Ended

  • Investment Plan:

    Dividend

  • Launch Date:

    Feb 01, 2013

  • Benchmark:

    CRISIL Liquid Fund

  • Asset size (Rs Cr):

    244.42 ( Mar 31, 2018 )

  • Asset Date:

    Mar 31, 2018

  • Minimum Investment:

    Rs.10000

  • Last Dividend:

    Rs.0.04 View Dividend History

  • Bonus:

    N.A.

  • Fund Manager:

    Jalpan Shah & Vikas Garg
    View performance of schemes managed by the Fund Manager

  • Notes:

    L&T Floating Rate Fund has been renamed as L&T Money Market Fund w.e.f. May 14, 2018

Load Details
  • Entry Load:

    N.A

  • Exit Load:

    0

  • Load Comments:

    Exit load of 0.00%

Contact Details
peer comparison
Fund Crisil Rank Assets(Rs Cr.) Current NAV 3mth(%) 6mth(%) 1yr(%) 3yr(%) 5yr(%)
UTI Treasury Advantage Fund - Retail Plan (G) 38.38 4418.8 1.4 2.9 5.9 7.3 7.9
HDFC Low Duration Fund - Retail Plan (G) 8,998.17 37 1.2 2.7 5.6 7.1 7.6
Reliance Low Duration Fund - Retail Plan (G) 93.33 2332.9 1.4 3.0 5.8 7.0 7.8
Reliance Low Duration Fund (G) 7,004.76 2423.7 1.5 3.2 6.3 7.5 8.2
ICICI Prudential Savings Fund - Retail Plan (G) 33.67 193.6 1.3 2.8 5.6 7.1 7.7
*Returns over 1 year are Annualised

Portfolio

Top 10 Holdings As on Jan 31, 2018
Company Sector Value %Assets
Money Market Instruments - CP,CD 358.96 51.15
Bharti Telecom Limited CRISIL A1+ 24.99 3.56
Essel Propack Limited IND A1+ 24.99 3.55
Indiabulls Housing Finance Limited CRISIL A1+ 24.94 3.54
Kalpataru Power Transmission Limited CARE A1+ 24.76 3.53
APL Apollo Tubes Limited CRISIL A1+ 24.76 3.53
Indus Towers Limited CRISIL A1+ 24.87 3.53
Sadbhav Engineering Limited CARE A1+ 24.72 3.52
TMF Holding Limited ICRA A1+ 24.56 3.50
Kotak Mahindra Investments Limited CRISIL A1+ 24.76 3.47
Asset Allocation (%) As on Jan 31, 2018
Equity 0.00
Others 0.00
Debt 34.58
Mutual Funds 0.00
Money Market 51.15
Cash / Call 14.27
Sector Allocation (%) As on Jan 31, 2018
Sector %
No Sector Allocation Data Available
Concentration As on Jan 31, 2018
Holdings %
Top 5 65.33
Top 10 102.3
Sectors %
Top 3 0
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