debtLow risk

L&T Money Market Fund -Direct Plan- Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From L&T Mutual Fund. It's been running since 2 Jan 2013.

Latest price per unit

₹22.858

▲ 0.02% today

As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns

Invested 1 year ago

₹1.04 L

▲ ₹4.2k gain · 4.2% / year

Invested 3 years ago

₹1.14 L

▲ ₹14.2k gain · 4.5% / year

Invested 5 years ago

₹1.34 L

▲ ₹34.1k gain · 6.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness

0.9%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-33.28%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)

CAGR — 1 year4.20%

CAGR — 3 years4.52%

CAGR — 5 years6.04%

CAGR — since launch3.13%

Volatility — 1 year (annualised)0.37%

Volatility — 3 years (annualised)0.87%

Max drawdown — 1 year-0.28%

Max drawdown — 3 years-1.22%

Sharpe ratio — 1 year (rf=6%)-4.74

Sharpe ratio — 3 years (rf=6%)-1.63

Fund info

Fund house: L&T Mutual Fund
Category: Debt Scheme - Money Market Fund
Plan: Direct
Option: Growth
ISIN (Growth): —
ISIN (Div re-invest): —
Fund code: 119431
First price on record: 2 Jan 2013 · 2,386 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.