L&T MONEY MARKET FUND

Data as on May 31, 2022

 
 
 

L&T MONEY MARKET FUND

Data as on May 31, 2022

 
 

To generate regular income through investment in a portfolio comprising substantially of money market instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan August 10, 2005
Direct Plan January 01, 2013
Fund Manager
Mr. Shriram Ramanathan (w.e.f March 21, 2020)
& Mr. Mahesh Chhabria (w.e.f November 25, 2021)
Benchmark
NIFTY Money Market Index B-I
Month end AUM
957.59 (Rs In Crs)
Monthly Average AUM
1,003.88 (Rs In Crs)
Options
•Growth
•IDCW
- Daily IDCW (Payout)
- Weekly IDCW (Payout)
- Monthly IDCW (Re-investment and Payout)

Name Of Instrument
Rating
% to Net
Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper (Listed / Awaiting listing on Stock Exchanges) / Certificate of Deposit
➧ Axis Bank Limited CRISIL A1+ 7.70%
➧ HDFC Bank Limited CARE A1+ 7.59%
➧ Kotak Mahindra Bank Limited CRISIL A1+ 7.52%
➧ National Bank for Agriculture & Rural Development IND A1+ 7.51%
➧ Industries Development Bank of India CARE A1+ 7.50%
➧ Kotak Securities Limited CRISIL A1+ 5.22%
➧ Canara Bank CRISIL A1+ 5.20%
➧ LIC Housing Finance Limited CRISIL A1+ 5.20%
➧ Reliance Jio Infocomm Limited CRISIL A1+ 5.14%
Housing Development Finance Corporation Limited CRISIL A1+ 4.99%
Export Import Bank of India CRISIL A1+ 4.98%
Bajaj Financial Securities Limited CRISIL A1+ 2.60%
HDFC Securities Limited CRISIL A1+ 2.59%
Name Of Instrument
Rating
% to Net
Assets

Bank of Baroda IND A1+ 1.25%
Total 74.99%
Treasury Bill
➧ 182 DAY T-BILL 15-09-2022 SOVEREIGN 7.72%
364 DAY T-BILL 16-02-2023 SOVEREIGN 3.51%
182 DAY T-BILL 04-08-2022 SOVEREIGN 2.59%
182 DAY T-BILL 11-08-2022 SOVEREIGN 2.59%
364 DAY T-BILL 02-03-2023 SOVEREIGN 2.50%
364 DAY T-BILL 23-02-2023 SOVEREIGN 1.22%
Total 20.13%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 7.87%
Net Receivable/Payable -2.99%
Net Assets 100.00%
Average Maturity 0.43 years
Modified Duration 0.41 years
Macaulay Duration 0.43 years
YTM 5.48%
➧ Indicates top ten instruments






Exit Load:Nil
For details of the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'
The fund was co-managed by Mr. Jalpan Shah till November 24, 2021.

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