L&T Money Market Fund
(Formerly Known as L&T Floating Rate Fund)
An open-ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk.
To generate regular income through investment in a portfolio comprising substantially of money market instruments.
August 10, 2005
Mr. Shriram Ramanathan and Mr. Mahesh Chhabria (w.e.f. November 25, 2021)
NIFTY Money Market Index
Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)
0.72% (As on 30th April 2022)
0.24% (As on 30th April 2022)
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.
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.
Rs. 10,000 per application and in multiples of Re. 1 thereafter
Rs. 1,000 per application and in multiples of Re. 1 thereafter
Rs. 500 or 50 Units
|Potential Risk Class|
|Credit Risk→||Relatively Low (Class A)||Moderate (Class B)||Relatively High (Class C)|
|Interest Rate Risk↓|
|Relatively Low (Class I)||B-I|
|Moderate (Class II)|
|Relatively High (Class III)|
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.