L&T Money Market Fund Direct Plan
Scheme Type
Open-ended
Scheme Category
Money Market
Benchmark Type
CRISIL Liquid Fund Index(100.0)
Scheme AUM (in Crs.)
₹ 1156.69
Expense Ratio
0.29%
Scheme Class
Debt
AMC AUM (in Crs.)
₹ 69080
Min Subscription
₹ 10000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
03 Jan 1997
Sponsor
NA
Email
Phone
022 - 66554000
Address
27th Floor, Unit 1, Centre 1,World Trade Centre,,Cuffe Parade,Colaba, Mumbai - 400 005
Tax Implications
Short Term Capital Gain (Holding period < 12months):
Rates applicable to the Investor as per Tax slab.
Long Term Capital Gain:
22.88% - 23.92%
(20% with Indexation Benefit + Surcharge @ 10%-15% + 4% Health & Education Cess)
Taxation on Dividends:
28.84%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately Low
Exit Load
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
To generate regular income through investment in a portfolio comprising substantially of money market instruments.
Suitability
This product is suitable for investors who are seeking
• An open-ended income scheme
• Generation of regular income over short to medium term
• Investment substantially in fl oating rate debt/money market instruments, fi xed rate debt/money market instruments swapped for fl oating rate returns, and fi xed rated debt securities, government securities and money market instruments
SIP/Lump Sum Calculator
Enter Investment Amount
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Investment per month for 0.5 Years
₹6,142
Portfolio Value
₹142
Total Returns
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Mutual Funds investments are subject to market risks, read all scheme related documents carefully.