L&T Ultra Short Term Fund Direct IDCW Half Yearly

Debt
Ultra Short Duration
Low to Moderate Risk
4.61%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: NANA
Min. SIP amountNot Supported
RatingNA
Fund size₹1,504.85Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.4%4.6%5.9%7.3%
Category average4.0%4.4%5.1%NA
Rank with in category18156NA
Understand terms

Holdings (21)

NameSectorInstrumentAssets
Housing Development Finance Corpn. Ltd.FinancialDebenture8.7%
Bank Of Baroda
FinancialCD7.3%
Reserve Bank of India
FinancialT-Bills6.6%
Axis Bank Ltd.
FinancialCD6.5%
Reserve Bank of India
FinancialT-Bills6.5%
Small Industries Devp. Bank of India Ltd.
FinancialCP6.5%
Reliance Industries Ltd.EnergyNCD5.2%
GOI
SovereignGOI Sec5.0%
Power Grid Corporation of India Ltd.
EnergyBonds4.9%
Kotak Mahindra Bank Ltd.
FinancialCD4.9%
See All

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 terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Mahesh A Chhabria
Nov 2021 - Present
View details

Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
He comes to L&T AMC from Fidelity where he has been for the last 3 years, was previously associated with Birla Sun Life AMCwith RSM & Co.
Also manages these schemes

Jalpan Shah
Jun 2014 - Present
View details

Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining L&T Mutual Fund, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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