Home>Mutual Funds>L&T Mutual Fund>L&T Ultra Short Term Fund Direct Dividend daily
shareSHARE

L&T Ultra Short Term Fund Direct Dividend daily+0.01%

5.52%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Ultra Short Term Fund Direct Dividend daily

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.23%
NAV₹10.51 (27 Jan 2021)
Fund Started01 Jan 2013
Fund Size1,966 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.5%
7.1%
7.4%
8.1%
Category Average
4.8%
5.8%
6.3%
-
Rank Within Category
9
5
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.5% returns per annum

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-Bills16.4%
Housing Development Finance Corpn. Ltd.-WarrantFinancialCP9.9%
Export-Import Bank Of IndiaFinancialCD7.6%
Axis Bank Ltd.FinancialCD7.4%
National Highways Authority of India Ltd.ServicesNCD5.3%
Reliance Industries Ltd.EnergyCP5.1%
Reserve Bank of IndiaFinancialT-Bills5.0%
LIC Housing Finance Ltd.FinancialCP5.0%
Small Industries Devp. Bank of India Ltd.FinancialDebenture4.6%
Kotak Mahindra Prime Ltd.FinancialDebenture4.1%
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 Dividend daily Details

L&T Ultra Short Term Fund Direct Dividend daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Direct Dividend daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,966 Cr and the Latest NAV as of 27 Jan 2021 is ₹10.51.

The L&T Ultra Short Term Fund Direct Dividend daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.

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)

₹10000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

Compare Funds

L&T Ultra Short Term Fund Direct Dividend daily
VS
search

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,
Similar Funds