L&T Ultra Short Term Fund - Bonus - Direct Plan

This Scheme L&T Ultra Short Term Fund - Bonus - Direct Plan is Merged with
Other Plans and Options
  • 0.02 %Nav, as on 25-11-2022

  • Previous Nav

  • Net Change on 25-11-2022

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Bonus | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

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 equities or equity related instruments.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
L&T Ultra Short Term Fund - Direct Plan - Bonus 6.93 5.42 4.39 4.61 5.90 6.98
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Ultra Short Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
BANK OF INDIA Ultra Short Duration Fund- Direct Plan-Bonus Jun 27, 2014 Unrated 7.23 6.31 5.42 0.24 136.88

Fund Holdings as on 31-October-2022

  • 6.99% Housing Development Finance Corporation Limited 13-02-2023 **

  • Bank of Baroda 14-02-2023

  • (a) Tri Party Repo Dealing System (TREPS)/Reverse Repo

  • 182 DAY T-BILL 29-12-2022

  • AXIS Bank Limited 10-02-2023

  • 364 DAY T-BILL 09-03-2023

  • Small Industries Development Bank of India 23-03-2023

  • 6.95% Reliance Industries Limited 15-03-2023 **

  • 06.84% GOI 19-12-2022

  • 8.80% Power Grid Corporation of India Limited 13-03-2023 **

  • Kotak Mahindra Bank Limited 13-02-2023

  • HDFC Bank Limited 06-03-2023

  • 182 DAY T-BILL 22-12-2022

  • Canara Bank 20-02-2023

  • LIC Housing Finance Limited 22-02-2023 **

  • Canara Bank 02-03-2023

  • Small Industries Development Bank of India 03-03-2023

  • Export Import Bank of India 17-03-2023

  • 7.10% Bajaj Finance Limited 10-02-2023 **

  • 7.12% Rec Limited 31-03-2023 **

  • Axis Bank Limited 28-12-2022

  • National Bank for Agriculture & Rural Development 08-02-2023

  • National Bank for Agriculture & Rural Development 14-02-2023

  • Kotak Mahindra Bank Limited 17-02-2023

  • (b) Net Receivables/(Payables)

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  • Miscellaneous

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Fund Manager

  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • ICRA A1+

  • IND A1+

  • SOVEREIGN

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About L&T Ultra Short Term Fund

Scheme Analysis

L&T Ultra Short Term Fund is a Debt - Ultra Short Duration Fund fund and belongs to L&T Mutual Fund. It was launched on 16-May-2014 and currently has an AUM of ₹1,504.85 crore. L&T Ultra Short Term Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of L&T Ultra Short Term Fund ended up ₹0(0.02%)yesterday to ₹20.4684.

Among its top 3 holdings the fund has exposure to 6.99% Housing Development Finance Corporation Limited 13-02-2023 **, and

The L&T Ultra Short Term Fund is managed by Mahesh Chhabria and Jalpan Shah.

Fund House Contact

309, 3rd floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

+91 (22) 61366600
ltmf@lntmf.com
+91 (22) 61366603/04
www.lntmf.com