Fund Details
L&T Ultra Short Term Fund Direct IDCW monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.23% |
| NAV | ₹13.08 (22 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,208 Cr |
Returns
Comparison
1. Lower expense ratio - 0.23%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 14.5% |
| Reserve Bank of India | Financial | T-Bills | 10.1% |
| GOI | Sovereign | CGL | 9.5% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 8.9% |
| Axis Bank Ltd. | Financial | CD | 5.5% |
| National Highways Authority of India Ltd. | Services | NCD | 4.7% |
| LIC Housing Finance Ltd. | Financial | CP | 4.5% |
| National Thermal Power Corp. Ltd. | Energy | CP | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.4% |
Fund Managers
L&T Ultra Short Term Fund Direct IDCW monthly Details
L&T Ultra Short Term Fund Direct IDCW monthly 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 IDCW monthly fund.The fund currently has an Asset Under Management(AUM) of ₹2,208 Cr and the Latest NAV as of 22 Apr 2021 is ₹13.08.
The L&T Ultra Short Term Fund Direct IDCW monthly is rated Low to Moderate 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.
