L&T Money Market Fund

Data as on October 31, 2019


L&T Money Market Fund

Data as on October 31, 2019


Fund Details

NAV of Plans/Options
(as on October 31, 2019)

Rs
Daily Dividend Plan - Regular Plan
10.8591
Weekly Dividend - Regular Plan
13.1012
Monthly Dividend - Regular Plan
11.6576
Growth Plan - Regular Plan
19.4309
Daily Dividend Plan - Direct Plan
10.8591
Weekly Dividend Plan - Direct Plan
13.1542
Monthly Dividend - Direct Plan
12.0671
Growth Plan - Direct Plan
19.9362
Date of Inception :
RegularAugust 10, 2005
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.73% (Regular)
0.25% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend
1. Daily Dividend (Payout)
2. Weekly Dividend (Payout)
3. Monthly Dividend (Re-investment and Payout)
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Vikas Garg and Mr. Jalpan Shah (w.e.f. April 03, 2017)
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs) 687.22
Month end AUM(Rs In Crs) 788.46

Portfolio Allocation
Name Of Instrument
Rating/Industry
% to Net
Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
ICICI Bank Limited ICRA A1+ 8.46%
Axis Bank Limited CRISIL A1+ 8.43%
Small Industries Development Bank of India CARE A1+ 8.08%
Bank of Baroda CARE A1+ 8.02%
HDFC Bank Limited IND A1+ 7.93%
Reliance Industries Limited CRISIL A1+ 6.23%
Indusind Bank Limited CRISIL A1+ 6.22%
Export Import Bank Of India CRISIL A1+ 6.22%
LIC Housing Finance Limited CRISIL A1+ 6.12%
Kotak Mahindra Prime Limited CRISIL A1+ 6.11%
Kotak Mahindra Bank Limited CRISIL A1+ 6.03%
National Bank for Agriculture & Rural Development ICRA A1+ 4.96%
Name Of Instrument
Rating/Industry
% to Net
Assets

Hinduja Leyland Finance Limited CRISIL A1+ 3.15%
Manappuram Finance Limited CRISIL A1+ 3.12%
Housing Development Finance Corporation Limited ICRA A1+ 3.11%
National Bank for Agriculture & Rural Development CRISIL A1+ 3.11%
Indian Bank IND A1+ 3.07%
Housing Development Finance Corporation Limited CRISIL A1+ 3.01%
Total 101.38%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 1.10%
Net Receivable/Payable -2.48%
Net Assets 100.00%
Average Maturity 0.56 years
Modified Duration 0.54 years
YTM 5.75%





Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective:To generate regular income through investment in a portfolio comprising substantially of money market instruments.ᵟ
Exit Load: Nil
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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