|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹19.25 (12 May 2021)|
|Fund Started||16 May 2014|
|Fund Size||₹2,998 Cr|
|Reserve Bank of India||Financial||T-Bills||10.1%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||8.9%|
|Axis Bank Ltd.||Financial||CD||5.5%|
|National Highways Authority of India Ltd.||Services||NCD||4.7%|
|LIC Housing Finance Ltd.||Financial||CP||4.5%|
|National Thermal Power Corp. Ltd.||Energy||CP||4.5%|
|National Bank For Agriculture & Rural Development||Financial||CD||4.4%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.4%|
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 ₹2,998 Cr and the Latest NAV as of 12 May 2021 is ₹19.25.
The L&T Ultra Short Term Fund Direct Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
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.