Fund Details
L&T Ultra Short Term Fund IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.39% |
| NAV | ₹11.12 (23 Jul 2021) |
|---|---|
| Fund Started | 19 Jun 2007 |
| Fund Size | ₹2,769 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.39%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 15.3% |
| GOI | Sovereign | CGL | 13.6% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 7.2% |
| Export-Import Bank Of India | Financial | CD | 6.2% |
| Axis Bank Ltd. | Financial | CD | 6.2% |
| Reserve Bank of India | Financial | T-Bills | 5.4% |
| Reserve Bank of India | Financial | T-Bills | 5.3% |
| National Highways Authority of India Ltd. | Services | NCD | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
Fund Managers
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 ₹2,769 Cr and the Latest NAV as of 23 Jul 2021 is ₹11.12.
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.
