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 3 years) Jalpan Shah (Since over 10 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
Nippon India Ultra Short Duration Fund Direct Growth Option	4241.533	7.99%	8,313 cr	0.38%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	532.459	7.97%	15,990 cr	0.35%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1263.352	7.91%	1,447 cr	0.21%	Below Average
Axis Ultra Short Duration Fund Direct Growth	14.932	7.90%	6,236 cr	0.36%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	28.615	7.85%	14,358 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4348.574	7.81%	3,046 cr	0.33%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2751.399	7.74%	1,265 cr	0.24%	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	4241.533	7.99%	8,313 cr	0.38%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	532.459	7.97%	15,990 cr	0.35%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1263.352	7.91%	1,447 cr	0.21%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	28.615	7.85%	14,358 cr	0.39%	Below Average
Tata Ultra Short Term Fund Direct Growth	14.227	7.83%	3,818 cr	0.29%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4348.574	7.81%	3,046 cr	0.33%	Average
Sundaram Ultra Short Duration Fund- Direct Plan - Growth Option	2800.501	7.75%	1,845 cr	0.24%	Low

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

Ultra Short Duration
L&T Ultra Short Term Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wrdl

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

Ultra Short Duration

L&T Ultra Short Term Fund Direct Plan Growth

ADDITIONAL INFO

ASSET ALLOCATION

CREDIT QUALITY (%)

RISK MEASURES (3 yrs)

INVESTMENT OBJECTIVE

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