Fund Details
L&T Ultra Short Term Fund Dividend Weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.39% |
| NAV | ₹11.09 (25 Jan 2021) |
|---|---|
| Fund Started | 19 Jun 2007 |
| Fund Size | ₹1,966 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.39%
3. Exit load is zero
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 16.4% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 9.9% |
| Export-Import Bank Of India | Financial | CD | 7.6% |
| Axis Bank Ltd. | Financial | CD | 7.4% |
| National Highways Authority of India Ltd. | Services | NCD | 5.3% |
| Reliance Industries Ltd. | Energy | CP | 5.1% |
| Reserve Bank of India | Financial | T-Bills | 5.0% |
| LIC Housing Finance Ltd. | Financial | CP | 5.0% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.6% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 4.1% |
Fund Managers
L&T Ultra Short Term Fund Dividend Weekly Details
L&T Ultra Short Term Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 19 Jun 2007. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,966 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.09.
The L&T Ultra Short Term Fund Dividend Weekly is rated Moderately Low 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.
