|Min SIP Amount||Not Supported|
|NAV||₹18.81 (21 Sep 2020)|
|Fund Started||16 May 2014|
|Fund Size||₹2,045 Cr|
|ICICI Bank Ltd.||Financial||CD||7.3%|
|Export-Import Bank Of India||Financial||CD||7.2%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||5.2%|
|Reliance Industries Ltd.||Energy||Debenture||5.2%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||5.2%|
|National Housing Bank||Financial||CP||4.9%|
|Axis Bank Ltd.||Financial||CD||4.9%|
|Reserve Bank of India||Financial||T-Bills||4.8%|
|National Bank For Agriculture & Rural Development||Financial||CD||4.3%|
|Small Industries Devp. Bank of India Ltd.||Financial||CP||3.6%|
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 ₹2,045 Cr and the Latest NAV as of 21 Sep 2020 is ₹18.81.
The L&T Ultra Short Term Fund Direct Bonus is rated Moderately Low 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.