L&T Money Market Fund
(Formerly known as L&T Floating Rate Fund)ᵟ

Data as on February 28, 2019


L&T Money Market Fund
(Formerly known as L&T Floating Rate Fund)ᵟ

Data as on February 28, 2019


Fund Details

NAV of Plans/Options
(as on February 28, 2019)

Rs
Daily Dividend Plan - Regular Plan
10.8591
Weekly Dividend - Regular Plan
13.1999
Monthly Dividend - Regular Plan
11.4889
Growth Plan - Regular Plan
18.3212
Daily Dividend Plan - Direct Plan
10.8591
Weekly Dividend Plan - Direct Plan
13.2468
Monthly Dividend - Direct Plan
11.8383
Growth Plan - Direct Plan
18.7409
Date of Inception :
RegularAugust 10, 2005
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.74% (Regular)
0.29% (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)937.35
Month end AUM(Rs In Crs)936.39

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

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
IndusInd Bank Limited CRISIL A1+ 7.85%
JM Financial Products Limited CARE A1+ 7.65%
Green Infra Wind Energy Limited (subsidiary of Sembcorp Energy India Ltd) ICRA A1+ 5.87%
Tata Communication Payment Solutions Limited CARE A1+ 5.33%
Indostar Capital Finance Limited CARE A1+ 5.32%
Indiabulls Housing Finance Limited CRISIL A1+ 5.27%
Small Industries Development Bank of India CARE A1+ 5.11%
HDFC Bank Limited IND A1+ 5.00%
Tata Power Renewable Energy Limited (Corporate guarantee of Tata Power Company Ltd) CRISIL A1+ 4.75%
Renew Solar Power Private Limited (corporate guarantee of Renew Power Ltd) CARE A1+(SO) 3.19%
Muthoot Homfin India Limited (Subsidiary of Muthoot Finance Ltd) CARE A1+ 2.66%
JMC Projects (India) Limited (Subsidiary of Kalpataru Power Transmission Ltd) CARE A1+ 2.66%
Aadhar Housing Finance Limited CRISIL A1+ 2.66%
Name Of Instrument
Rating/Industry
% to Net
Assets

Samasta Microfinance Limited (Subsidiary of India Infoline Finance Limited) ICRA A1 2.64%
IIFL Management Services Limited CRISIL A1+ 2.63%
HDB Financial Services Limited CRISIL A1+ 2.62%
Hero Fincorp Limited CRISIL A1+ 2.62%
Gruh Finance Limited CRISIL A1+ 2.62%
JSW Steel Limited ICRA A1+ 2.62%
Axis Bank Limited CRISIL A1+ 2.61%
Housing Development Finance Corporation Limited ICRA A1+ 2.61%
AU Small Finance Bank Limited IND A1+ 2.61%
ICICI Bank Limited CRISIL A1+ 2.61%
JSW Steel Limited CARE A1+ 2.59%
Dewan Housing Finance Corporation Limited CRISIL A1+ 2.57%
National Bank for Agriculture & Rural Development CRISIL A1+ 2.52%
Kotak Mahindra Bank Limited CRISIL A1+ 2.52%
ICICI Bank Limited ICRA A1+ 2.51%
Total 102.22%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 0.51%
Net Receivable/Payable -2.73%
Grand Total 100.00%
Average Maturity 0.29 years
Modified Duration 0.28 years
YTM 8.14%





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
ᵟPursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018.
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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