|Min SIP Amount||₹1000|
|NAV||₹33.42 (09 Jul 2020)|
|Fund Started||10 Apr 2003|
|Fund Size||₹1,960 Cr|
|ICICI Bank Ltd.||Financial||CD||7.5%|
|Export-Import Bank Of India||Financial||CD||7.5%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||5.3%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||5.2%|
|Reliance Industries Ltd.||Energy||Debenture||5.2%|
|Reliance Jio Infocomm Ltd.||Communication||CP||5.1%|
|National Housing Bank||Financial||CP||5.1%|
|Axis Bank Ltd.||Financial||CD||5.0%|
|National Thermal Power Corp. Ltd.||Energy||Bonds||3.4%|
|LIC Housing Finance Ltd.||Financial||Debenture||2.6%|
L&T Ultra Short Term Fund Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 10 Apr 2003. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Ultra Short Term Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,960 Cr and the Latest NAV as of 09 Jul 2020 is ₹33.42.
The L&T Ultra Short Term Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
The investment objective is to generate reasonable and stable income and provide liquidity to the unit holder To achieve this objective the scheme will invest predominantly in a well diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The scheme will not invest in equalities or equity related instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.