L&T Ultra Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 11 Apr 2003. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹2,786 Cr and the Latest NAV as of 03 Apr 2020 is ₹12.82.
The L&T Ultra Short Term Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 1000. Nil.
The investment objective is to generate reasonable and stable income and provide liquidity to the unit holder To achieve this objective the scheme will invest predominantly in a well diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The scheme will not invest in equalities or equity related instruments.