Item: L&T Ultra Short Term Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wrdl
Rating: 3
Author: Morningstar

Home › Mutual Funds › L&T Finance Mutual Fund › L&T Ultra Short Term Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wrdl

13.101 (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: 0.28%
1Y: 4.06%
3M: 1.05%
3Y: 4.15%
6M: 2.36%
5Y: 4.93%

Min Investment 10,000

ADDITIONAL INFO

Fund Manager Mahesh Chhabria (Since almost 4 years) Jalpan Shah (Since about 11 years)

ISIN INF917K01HT0

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	566.023	8.14%	21,521 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4502.976	7.94%	11,076 cr	0.38%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	30.364	7.85%	17,077 cr	0.39%	Average
Axis Ultra Short Duration Fund Direct Growth	15.838	7.84%	6,764 cr	0.38%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1340.015	7.80%	1,766 cr	0.17%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2916.251	7.73%	1,330 cr	0.24%	Average
Kotak Savings Fund Direct Growth	45.498	7.63%	15,667 cr	0.37%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	566.023	8.14%	21,521 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4502.976	7.94%	11,076 cr	0.38%	Below Average
Tata Ultra Short Term Fund Direct Growth	15.096	7.87%	4,945 cr	0.28%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	30.364	7.85%	17,077 cr	0.39%	Average
Axis Ultra Short Duration Fund Direct Growth	15.838	7.84%	6,764 cr	0.38%	Average
DSP Ultra Short Fund Direct Plan Growth	3751.412	7.83%	3,845 cr	0.3%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1340.015	7.80%	1,766 cr	0.17%	Average