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L&T Ultra Short Term Fund Direct Bonus+0.01%

6.01%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Ultra Short Term Fund Direct Bonus

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.23%
NAV18.96 (27 Nov 2020)
Fund Started16 May 2014
Fund Size3,055 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.0%
7.2%
7.6%
8.2%
Category Average
5.3%
5.9%
6.5%
-
Rank Within Category
11
5
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.0% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.23%
    2. Exit load is zero
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills13.8%
    Housing Development Finance Corpn. Ltd.-WarrantFinancialCP7.9%
    Axis Bank Ltd.FinancialCD6.3%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture5.2%
    ICICI Bank Ltd.FinancialCD4.9%
    Export-Import Bank Of IndiaFinancialCD4.8%
    National Highways Authority of India Ltd.ServicesNCD3.6%
    Reserve Bank of IndiaFinancialT-Bills3.6%
    Reserve Bank of IndiaFinancialT-Bills3.3%
    Reliance Industries Ltd.EnergyCP3.3%
    See All

    Fund Managers

    Shriram Ramanathan
    keyboard_arrow_down
    Jalpan Shah
    keyboard_arrow_down
    Vikas Garg
    keyboard_arrow_down

    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 ₹3,055 Cr and the Latest NAV as of 27 Nov 2020 is ₹18.96.

    The L&T Ultra Short Term Fund Direct Bonus is rated Moderately Low 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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    03 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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