L&T Ultra Short Term Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
4.61%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Nov 2022₹37.47
Min. SIP amountNot Supported
Rating3
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 (%)

Holdings (21)

NameSectorInstrumentAssets
FinancialDebenture8.71%
Bank Of Baroda
FinancialCD7.33%
Reserve Bank of India
FinancialT-Bills6.58%
Axis Bank Ltd.
FinancialCD6.52%
Reserve Bank of India
FinancialT-Bills6.50%
Small Industries Devp. Bank of India Ltd.
FinancialCP6.47%
EnergyNCD5.19%
GOI
SovereignGOI Sec5.04%
Power Grid Corporation of India Ltd.
EnergyBonds4.93%
Kotak Mahindra Bank Ltd.
FinancialCD4.89%
HDFC Bank Ltd.
FinancialCD4.87%
Reserve Bank of India
FinancialT-Bills3.29%
LIC Housing Finance Ltd.
FinancialCP3.25%
Small Industries Devp. Bank of India Ltd.
FinancialCP3.25%
Canara Bank
FinancialCD3.25%
Export-Import Bank Of India
FinancialCD3.24%
FinancialDebenture3.14%
FinancialNCD2.07%
Axis Bank Ltd.
FinancialCD1.64%
Kotak Mahindra Bank Ltd.
FinancialCD1.63%
National Bank For Agriculture & Rural Development
FinancialCP1.63%
See All

Minimum investment amounts

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

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.4%4.6%5.9%7.3%
Category average7.3%6.8%5.5%NA
Rank with in category18156NA
Understand terms

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.

Understand terms
Check past data

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
Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
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 Trust Mutual Fund,he was associated with HSBC Mutual Fund, L&T Mutual Fund, 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
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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