Till further notice, subscription in L&T Money Market Fund from all sources (SIP/ STP/ Lumpsum/ Switch-ins), exceeding INR 25 lacs per day per investor has been temporarily suspended with effect from June 07, 2019.

L&T Money Market Fund

(Formerly Known as L&T Floating Rate Fund)

Fund Features

Scheme Classification

Open ended debt scheme investing in money market instruments.

Objective

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

Inception date

August 10, 2005

Fund Managers

Mr. Vikas Garg and Mr. Jalpan Shah

Benchmark index

CRISIL Liquid Fund Index

SIP availability

Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)

Annual Recurring Expenses (Regular Plan)

0.70% (As on 30th June 2019)

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Annual Recurring Expenses (Direct Plan)

0.25% (As on 30th June 2019)

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Note:

The above ratio includes 5 bps of additional expenses.

Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and GST on investment management fees are also being charged.

Entry Load

NIL

Exit Load

NIL

If the AMC introduces an Exit Load, a switch-out or a withdrawal under SWP or transfer under STP may also attract the applicable Exit Load like any redemption.

Minimum Initial Application Amount

Rs. 10,000 per application and in multiples of Re. 1 thereafter

Minimum Additional Application Amount

Rs. 1,000 per application and in multiples of Re. 1 thereafter

Minimum Amount/Number of Units for Redemption

Rs. 500 or 50 Units

NAV

View Historic NAV

Asset Allocation

Asset Allocation is represented as:

Instruments	Maximum	Minimum	Risk Profile
Instruments	Indicative Allocation (% of net assets)		Risk Profile
Money Market Instruments	100%	0%	Low to Medium

Risk Factor

This product is suitable for investors who are seeking*

Generation of regular income over short to medium term

Investment money market instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Fund Features

NAV

Asset Allocation

Instruments

Risk Factor