L&T Ultra Short Term Fund Growth

Debt
Ultra Short Duration
Low to Moderate Risk
4.47%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Sep 2022₹36.09
Min. SIP amountNot Supported
Rating3
Fund size₹1,668.08Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.7%4.5%5.6%7.0%
Category average3.6%5.1%5.1%NA
Rank with in category9125NA
Understand terms

Holdings (21)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills8.7%
Housing Development Finance Corpn. Ltd.FinancialDebenture7.8%
National Bank For Agriculture & Rural DevelopmentFinancialCP7.4%
Bank Of Baroda
FinancialCD6.6%
SBI Cards & Payments Services Ltd.FinancialCP6.0%
Axis Bank Ltd.
FinancialCD5.8%
Reserve Bank of India
FinancialT-Bills5.8%
Small Industries Devp. Bank of India Ltd.
FinancialCP5.8%
HDFC Bank Ltd.
FinancialCD4.4%
Power Grid Corporation of India Ltd.
EnergyBonds4.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.39%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Mahesh A Chhabria
Nov 2021 - Present
View details

Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
He comes to L&T AMC from Fidelity where he has been for the last 3 years, was previously associated with Birla Sun Life AMCwith RSM & Co.
Also manages these schemes

Jalpan Shah
Jun 2014 - Present
View details

Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining L&T Mutual Fund, 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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
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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