Item: L&T Ultra Short Term Fund Direct Plan Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › L&T Finance Mutual Fund › L&T Ultra Short Term Fund Direct Plan Growth

37.472 (0.024%)

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: 4.39%
3M: 1.37%
3Y: 4.62%
6M: 2.68%
5Y: 5.88%

Min Investment 10,000

ADDITIONAL INFO

Fund Manager Mahesh Chhabria (Since about 2 years) Jalpan Shah (Since over 9 years)

ISIN INF917K01HS2

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%

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Axis Ultra Short Term Fund Direct Growth	13.841	7.46%	4,827 cr	0.31%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	26.542	7.40%	12,994 cr	0.39%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	493.301	7.35%	13,755 cr	0.34%	Average
Invesco India Ultra Short Term Fund Direct Plan Growth	2554.346	7.31%	733 cr	0.24%	Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4034.776	7.29%	2,240 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	13.740	7.29%	12,997 cr	0.36%	Average
Kotak Savings Fund Direct Growth	39.893	7.27%	13,154 cr	0.36%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	3929.074	7.53%	5,953 cr	0.37%	High
Axis Ultra Short Term Fund Direct Growth	13.841	7.46%	4,827 cr	0.31%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3283.346	7.46%	2,799 cr	0.3%	Below Average
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth	1388.713	7.42%	1,620 cr	0.3%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	26.542	7.40%	12,994 cr	0.39%	Below Average
Tata Ultra Short Term Fund Direct Growth	13.199	7.39%	2,182 cr	0.25%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	493.301	7.35%	13,755 cr	0.34%	Average