|Min SIP Amount||Not Supported|
|NAV||₹12.87 (23 Oct 2020)|
|Fund Started||11 Apr 2003|
|Fund Size||₹2,315 Cr|
|Reserve Bank of India||Financial||T-Bills||16.0%|
|ICICI Bank Ltd.||Financial||CD||6.4%|
|Export-Import Bank Of India||Financial||CD||6.4%|
|Reserve Bank of India||Financial||T-Bills||4.7%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||4.6%|
|Reliance Industries Ltd.||Energy||Debenture||4.6%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||4.6%|
|Axis Bank Ltd.||Financial||CD||4.3%|
|Reserve Bank of India||Financial||T-Bills||4.3%|
|National Bank For Agriculture & Rural Development||Financial||CD||3.8%|
L&T Ultra Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 11 Apr 2003. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹2,315 Cr and the Latest NAV as of 23 Oct 2020 is ₹12.87.
The L&T Ultra Short Term Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.