Latest NAV & returns of L&T INVESTMENT MANAGEMENT LIMITED

L&T Ultra Short Term Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wdrl

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previously known as L&T Ultra Short Term Dir Dl DR until

NAV on November 25, 2022
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,487 cr
Turnover Ratio 294.15%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.59%
  • 1Y: 4.07%
  • 3M: 1.36%
  • 3Y: 4.17%
  • 6M: 2.67%
  • 5Y: 4.71%
Min Investment 100,000
ADDITIONAL INFO
Fund Manager Mahesh Chhabria (Since about 1 year) Jalpan Shah (Since over 8 years)
ISIN INF917K01HX2
Fund Family L&T Finance
Launch Date January 01, 2013
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.29 years
Yield To Maturity (%) 6.92%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Ultra Short Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.320
Sharpe -0.215
Std Dev 0.588
Risk Average
INVESTMENT OBJECTIVE

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. There is no assurance that the investment objective of the scheme will be realized.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
25.022 5.37% 13,397 cr 0.39% Average
29.945 5.28% 470 cr 0.25% Below Average
465.152 5.26% 15,112 cr 0.34% Above Average
37.641 5.22% 12,223 cr 0.37% Average
3806.745 5.16% 2,116 cr 0.44% High
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3700.285 5.66% 4,974 cr 0.38% High
13.045 5.43% 4,974 cr 0.31% Below Average
25.022 5.37% 13,397 cr 0.39% Average
1309.043 5.36% 434 cr 0.22% Below Average
2452.208 5.33% 937 cr 0.17% Low
29.945 5.28% 470 cr 0.25% Below Average
465.152 5.26% 15,112 cr 0.34% Above Average


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