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L&T Ultra Short Term Fund IDCW Weekly+0.03%

4.38%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Ultra Short Term Fund IDCW Weekly

RiskLow to Moderate
Min SIP AmountNot Supported
Expense Ratio0.39%
NAV₹11.11 (22 Apr 2021)
Fund Started19 Jun 2007
Fund Size2,208 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.4%
6.4%
6.8%
7.9%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
13
5
6
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.4% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Lower expense ratio - 0.39%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
6. Exit load is zero
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL14.5%
Reserve Bank of IndiaFinancialT-Bills10.1%
GOISovereignCGL9.5%
Housing Development Finance Corpn. Ltd.-WarrantFinancialCP8.9%
Axis Bank Ltd.FinancialCD5.5%
National Highways Authority of India Ltd.ServicesNCD4.7%
LIC Housing Finance Ltd.FinancialCP4.5%
National Thermal Power Corp. Ltd.EnergyCP4.5%
National Bank For Agriculture & Rural DevelopmentFinancialCD4.4%
National Bank For Agriculture & Rural DevelopmentFinancialCP4.4%
See All

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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Vikas Garg
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L&T Ultra Short Term Fund IDCW Weekly Details

L&T Ultra Short Term Fund IDCW 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹2,208 Cr and the Latest NAV as of 22 Apr 2021 is ₹11.11.

The L&T Ultra Short Term Fund IDCW Weekly 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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 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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