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L&T Ultra Short Term Fund Direct Bonus

Debt
Ultra Short Duration
Low to Moderate Risk
6.10%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Oct 2021₹19.54
Min. SIP amountNA
Rating3star
Fund size₹2,099.57 Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%6.1%6.5%7.7%
Category average3.7%5.5%5.9%NA
Rank with in category20116NA
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Holdings (18)

NameSectorInstrumentAssets
GOI
SovereignCGL19.6%
GOI
SovereignCGL10.2%
FinancialCD8.2%
Reserve Bank of India
FinancialT-Bills7.0%
FinancialCD7.0%
Export-Import Bank Of India
FinancialCD7.0%
National Bank For Agriculture & Rural Development
FinancialCD4.7%
National Bank For Agriculture & Rural Development
FinancialCP4.7%
Small Industries Devp. Bank of India Ltd.
FinancialCP4.7%
National Highways Authority of India Ltd.
ServicesNCD4.6%
See All

Pros and cons

info
Category: Debt Ultra Short Duration
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Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 3.06 The fund has generated returns higher than benchmark - NIFTY Ultra Short Duration Debt - in the last 3Y
Exit load is zero
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

1Y annualised returns lower than category average by 0.14%

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Shriram Ramanathan
Mar 2020 - Present
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Jalpan Shah
Jun 2014 - Present
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Vikas Garg
Apr 2017 - Present
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Fund house & investment objective

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Fund house contact details

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