L&T Ultra Short Term Fund - Regular - Annual Dividend+0.04%

7.6%
1 Year Return
Debt
Ultra Short Duration
3.0 star
1Y
3Y
5Y

Fund Details

L&T Ultra Short Term Fund - Regular - Annual Dividend

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.58%
NAV23.2 (18-Apr-2019)
Fund Started27-Nov-1997
Fund Size1,997 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Ultra Short Term Fund - Regular - Annual Dividend
7.6%
7.4%
8.0%
7.5%
Category Average
6.2%
6.9%
7.6%
-
Rank within category
8
6
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the caregory
    3. Risk-adjusted returns are higher compared to the caregory
    4. Risk is lower compared to the benchmark
    5. 3Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    EnergyCP5.2%
    Power Grid Corporation of India Ltd.EnergyDebenture4.2%
    LIC Housing Finance Ltd.FinancialDebenture4.2%
    Reliance Retail Ltd.ServicesCP4.2%
    Punjab National BankFinancialCD4.2%
    ICICI Securities Primary Dealership Ltd.FinancialCP4.2%
    Power Finance Corpn. Ltd.FinancialCP4.1%
    Small Industries Devp. Bank of India Ltd.FinancialCP3.9%
    Kotak Mahindra Prime Ltd.FinancialDebenture3.1%
    FinancialCD3.0%
    See All

    Fund Managers

    addVikas Garg
    Education
    Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
    Experience
    Prior to joining L&T Mutual Fund he has worked with Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, 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.
    Funds Managed

    About L&T Mutual Fund

    L&T Mutual Fund started their mutual fund on 03/01/1997 and its managing total assets of ₹52,749 Cr. Its ranked at 12 as per total assets at end of 30th Sep 2017.

    L&T Mutual Fund offers a bouquet of mutual fund schemes for investors of various investing ideologies. It is one of the pioneering asset management companies of India that has made a mark of its own in the financial industry. L&T Investment Management Limited is the Asset Management Company for all L&T Mutual Fund schemes.

    The fund was launched on 3rd January 1997 and as of June 2018, it has an asset under management of Rs.71118.29 crores. Being a well-known brand in India, this AMC maintains a reputation to giving consistent returns to investors and has funds performing brilliantly across different categories.

    Over the last twenty one years, this fund has put investor needs to the forefront and will continue to do so in the future as well.

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    2 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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