|Min SIP Amount||₹1000|
|NAV||₹10.32 (25 Jan 2021)|
|Fund Started||21 May 2007|
|Fund Size||₹1,966 Cr|
|Reserve Bank of India||Financial||T-Bills||16.4%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||9.9%|
|Export-Import Bank Of India||Financial||CD||7.6%|
|Axis Bank Ltd.||Financial||CD||7.4%|
|National Highways Authority of India Ltd.||Services||NCD||5.3%|
|Reliance Industries Ltd.||Energy||CP||5.1%|
|Reserve Bank of India||Financial||T-Bills||5.0%|
|LIC Housing Finance Ltd.||Financial||CP||5.0%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||4.6%|
|Kotak Mahindra Prime Ltd.||Financial||Debenture||4.1%|
L&T Ultra Short Term Fund Dividend Daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 21 May 2007. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,966 Cr and the Latest NAV as of 25 Jan 2021 is ₹10.32.
The L&T Ultra Short Term Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
The scheme seeks to provide regular and stable return and invests only in corporate bonds and government securities predominantly with a rating of AA or above.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.