Fund Details
L&T Ultra Short Term Fund Direct Bonus
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.23% |
| NAV | ₹19.10 (26 Feb 2021) |
|---|---|
| Fund Started | 16 May 2014 |
| Fund Size | ₹2,307 Cr |
Returns
Comparison
1. Lower expense ratio - 0.23%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 14.1% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 8.4% |
| Export-Import Bank Of India | Financial | CD | 6.5% |
| Axis Bank Ltd. | Financial | CD | 6.3% |
| National Highways Authority of India Ltd. | Services | NCD | 4.5% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | CP | 4.3% |
| LIC Housing Finance Ltd. | Financial | CP | 4.3% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.2% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.9% |
Fund Managers
L&T Ultra Short Term Fund Direct Bonus Details
L&T Ultra Short Term Fund Direct Bonus is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 16 May 2014. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹2,307 Cr and the Latest NAV as of 26 Feb 2021 is ₹19.10.
The L&T Ultra Short Term Fund Direct Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
