Moneycontrol
Get App
you are here:

L&T Money Market Fund - Growth

  • Regular
  • Direct
Category : Money Market Fund
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 18.2204 0.02%
    (as on 14th June, 2019)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderate
(Min ₹1000 for SIP, ₹10000 for one time investment)

Fund has 97.1% investment in Debt of which , 94.87% 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.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • CRISIL 10 Year Gilt Index : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 14th June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 07-Jun-19 10009.08 0.09% - 0.09% 8/16
1 Month 14-May-19 9848.12 -1.52% - 0.61% 16/16
3 Month 14-Mar-19 9909.57 -0.90% - 1.82% 16/16
6 Month 14-Dec-18 10106.50 1.06% - 3.90% 16/16
YTD 31-Mar-19 9857.82 -1.42% - 1.39% 16/16
1 Year 14-Jun-18 10480.53 4.81% 4.81% 7.29% 13/14
2 Year 14-Jun-17 11214.16 12.14% 5.90% 6.94% 13/14
3 Year 14-Jun-16 12206.83 22.07% 6.87% 7.02% 11/14
5 Year 13-Jun-14 14349.26 43.49% 7.48% 7.56% 10/14
10 Year 14-Jun-09 21116.12 111.16% 7.76% 7.69% 8/12
Since Inception 10-Aug-05 27330.60 173.31% 7.53% - -/-

SIP Returns (NAV as on 14th Jun,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 14-Jun-18 12000 12166.17 1.38 % 2.57 %
2 years 14-Jun-17 24000 25196.47 4.99 % 4.75 %
3 years 14-Jun-16 36000 39246.49 9.02 % 5.69 %
5 years 14-Jun-14 60000 71169.89 18.62 % 6.76 %
10 years 14-Jun-09 120000 179190.1 49.33 % 7.78 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 31st May,2019)

No of Debt Holding 24 (Category Avg - 36.69) | Modified Duration 0.52 Years (Category Avg - 0.45)| Yield to Maturity 7.34% (Category Avg - 7.29%)

Type of Holdings

Security Type
% Weight
Category Average
CD 56.84% 45.59%
T-Bills 0.00% 0.25%
NCD & Bonds 0.00% 0.18%
CP 40.26% 49.10%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 94.87% 94.72%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 2.23% 0.14%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Reverse Repo Reverse Repo 5.61%
Net Receivables Net Receivables -2.71%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2019)

  • Standard Deviation

    Low volatility
    0.63vs0.8
    Category Avg
  • Beta

    High volatility
    1.15vs1.06
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    2.32vs0.54
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    0.36vs-0.87
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Reliance Money Market - Growth 5 3278.39 0.82 2.12 4.28 8.54 7.43
Franklin India Savings Fund - Growth 4 1400.56 0.83 2.13 4.38 8.48 7.70
Aditya Birla Sun Life Money Manager Fund - Growth 4 11117.15 0.80 2.07 4.23 8.47 7.49
UTI Money Market Fund - Regular Plan - Growth 2 7577.65 0.78 2.08 4.23 8.40 7.41
Kotak Money Market - Growth 3 8606.74 0.76 2.07 4.29 8.37 7.41
ICICI Prudential Money Market Fund - Growth 3 8992.13 0.78 2.04 4.16 8.21 7.34
HDFC Money Market Fund - Growth 4 5744.90 0.82 2.04 4.15 8.14 7.17
DSP Savings Fund - Regular Plan - Growth 3 1351.44 0.83 2.02 4.02 8.09 6.76
Invesco India Money Market Fund - Growth 3 2022.27 0.60 1.87 3.81 7.77 7.23
SBI Savings Fund - Growth 2 9585.85 0.72 1.92 3.92 7.73 7.12

More Funds from L&T Mutual Fund

Out of 37 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 3 is/are ranked 4 * , 12 is/are ranked 3 * , 6 is/are ranked 2 * , 1 is/are ranked 1 * , and 12 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Liquid Fund - Regular Plan - Growth 3 15516.24 0.60 1.83 3.62 7.49 7.11
L&T Hybrid Equity Fund - Growth 2 9381.57 4.23 3.07 4.40 0.64 9.93
L&T India Value Fund - Growth 3 8404.03 5.42 2.47 5.09 -0.99 12.58
L&T Emerging Businesses Fund - Regular Plan - Growth 4 6177.32 2.63 -3.94 -2.63 -11.87 15.71
L&T Midcap Fund - Growth 3 4879.90 3.44 -1.20 -1.38 -7.56 13.50
L&T Short Term Bond Fund - Growth 5 4002.40 1.21 2.21 4.92 8.93 7.30
L&T Tax Advantage Fund - Growth 2 3420.69 5.23 2.65 2.58 -2.96 12.25
L&T Credit Risk Fund - Regular Plan - Growth 3 3038.05 -1.44 -0.88 0.89 4.10 6.36
L&T Ultra Short Term Fund - Regular Plan - Cumulative 4 3022.86 0.71 1.94 4.04 7.97 7.44
L&T Ultra Short Term Fund - Regular Plan - Growth 5 3022.86 0.71 1.94 4.04 7.97 7.44

Forum

View More