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L&T Money Market Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Money Market Fund
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 19.8391 0.04%
    (as on 11th October, 2019)
Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Moderate

Fund has 96.3% investment in Debt of which , 96.3% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 1 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 11th October, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 04-Oct-19 10015.40 0.15% - 0.15% 8/18
1 Month 11-Sep-19 10058.20 0.58% - 0.57% 8/18
3 Month 11-Jul-19 10392.40 3.92% - 2.09% 1/17
6 Month 11-Apr-19 10467.30 4.67% - 4.06% 1/16
YTD 01-Jan-19 10719.20 7.19% - 4.36% 1/16
1 Year 11-Oct-18 10924.60 9.25% 9.25% 8.17% 1/16
2 Year 11-Oct-17 11734.00 17.34% 8.32% 7.57% 1/14
3 Year 10-Oct-16 12709.30 27.09% 8.31% 7.38% 1/14
5 Year 10-Oct-14 15196.10 51.96% 8.72% 7.85% 1/14
Since Inception 01-Jan-13 17668.10 76.68% 8.76% 7.56% 2/17

SIP Returns (NAV as on 11th October, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 11-Oct-18 12000 12676.63 5.64 % 10.59 %
2 Year 11-Oct-17 24000 26311.84 9.63 % 9.11 %
3 Year 10-Oct-16 36000 41014.06 13.93 % 8.65 %
5 Year 10-Oct-14 60000 74665.14 24.44 % 8.68 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2019)

No of Debt Holding 20 (Category Avg - 34.00) | Modified Duration 0.58 Years (Category Avg - 0.42)| Yield to Maturity 6.15% (Category Avg - 6.07%)

Type of Holdings

Security Type
% Weight
Category Average
CD 66.42% 44.86%
T-Bills 0.00% 0.29%
NCD & Bonds 0.00% 0.07%
CP 29.88% 48.08%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 96.30% 93.00%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 3.83%
Net Receivables Net Receivables -0.13%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2019)

  • Standard Deviation

    High volatility
    1.24vs0.87
    Category Avg
  • Beta

    Low volatility
    -0.26vs0.92
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.72vs0.62
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -0.08vs0.01
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    2.48vs-0.41
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Franklin India Savings Fund - Direct - Growth 4 2554.19 0.61 2.26 4.42 9.20 7.92
Sundaram Money Market Fund - Direct Plan - Growth NA 224.86 0.60 2.03 4.09 9.09 0.00
SBI Savings Fund - Direct Plan - Growth 3 8864.04 0.62 2.20 4.32 8.86 7.77
Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth 3 10219.19 0.58 2.07 4.20 8.83 7.75
Nippon India Money Market - Direct Plan - Growth 5 2586.46 0.61 2.06 4.18 8.81 7.66
HDFC Money Market Fund - Direct Plan - Growth 3 8275.86 0.59 2.15 4.29 8.80 7.56
DSP Savings Fund - Direct Plan - Growth 3 1290.16 0.58 2.16 4.28 8.70 7.23
UTI Money Market Fund - Direct Plan - Growth 2 6276.15 0.58 2.04 4.14 8.69 7.66
Kotak Money Market - Direct Plan - Growth 2 9411.90 0.56 2.00 4.06 8.64 7.56
ICICI Prudential Money Market Fund - Direct Plan - Growth 4 9129.74 0.57 2.01 4.09 8.55 7.56

More Funds from L&T Mutual Fund

Out of 36 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 2 is/are ranked 4 * , 8 is/are ranked 3 * , 6 is/are ranked 2 * , 2 is/are ranked 1 * , and 14 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Liquid Fund - Direct Plan - Growth 2 9571.00 0.47 1.49 3.24 7.11 7.05
L&T Hybrid Equity Fund - Direct Plan - Growth 2 8219.77 1.60 -2.31 -0.76 6.82 6.51
L&T India Value Fund - Direct Plan - Growth 3 7853.40 1.04 -5.02 -5.55 4.55 5.34
L&T Emerging Businesses Fund - Direct Plan - Growth 3 5984.53 -0.08 -6.14 -10.93 -5.74 6.05
L&T Midcap Fund - Direct Plan - Growth 3 5379.97 2.41 -2.74 -7.06 1.42 6.51
L&T Short Term Bond Fund - Direct Plan - Growth 5 4329.63 0.53 2.46 5.04 10.68 7.66
L&T Tax Advantage Fund - Direct Plan - Growth 2 3283.73 1.76 -3.68 -3.63 1.94 6.74
L&T Equity Fund - Direct Plan - Growth 3 2643.18 1.47 -3.18 -3.50 6.06 5.97
L&T Ultra Short Term Fund - Direct Plan - Growth 5 2462.25 0.57 1.99 4.03 8.59 7.65
L&T Credit Risk Fund - Direct Plan - Growth 3 2206.81 -1.88 -0.81 -1.02 3.31 5.52

Forum

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