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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

10.509 (0.000%)
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 over 4 years) Jalpan Shah (Since almost 12 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
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4729.355 6.70% 10,938 cr 0.33% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
15.844 6.65% 5,454 cr 0.25% Low
Axis
Axis Ultra Short Duration Fund Direct Growth
16.598 6.47% 6,168 cr 0.39% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.823 6.47% 16,002 cr 0.34% Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
592.790 6.44% 19,611 cr 0.27% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3054.669 6.36% 1,295 cr 0.21% Below Average
Kotak
Kotak Savings Fund Direct Growth
47.626 6.26% 16,186 cr 0.36% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4729.355 6.70% 10,938 cr 0.33% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
15.844 6.65% 5,454 cr 0.25% Low
Axis
Axis Ultra Short Duration Fund Direct Growth
16.598 6.47% 6,168 cr 0.39% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.823 6.47% 16,002 cr 0.34% Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
592.790 6.44% 19,611 cr 0.27% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1403.610 6.40% 1,420 cr 0.15% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3054.669 6.36% 1,295 cr 0.21% Below Average


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