Item: L&T Ultra Short Term Fund Direct Plan Weekly 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 Weekly Payout of Income Distribution cum Cap Wrdl

11.371 (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: Positive return: 0.49%
1Y: Positive return: 4.38%
3M: Positive return: 1.37%
3Y: Positive return: 4.29%
6M: Positive return: 2.68%
5Y: Positive return: 4.89%

Min Investment 10,000

ADDITIONAL INFO

Fund Manager Mahesh Chhabria (Since almost 5 years) Jalpan Shah (Since over 12 years)

ISIN INF917K01HY0

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
Tata Ultra Short Term Fund Direct Growth	₹ 16.213	7.00%	₹ 6,495 cr	0.33%	Below Average
Nippon India Ultra Short Term Fund Direct Growth Option	₹ 4835.770	6.97%	₹ 12,447 cr	0.34%	Below Average
Axis Ultra Short Term Fund Direct Growth	₹ 16.974	6.76%	₹ 6,074 cr	0.36%	Below Average
Invesco India Ultra Short Term Fund Direct Plan Growth	₹ 3124.295	6.73%	₹ 1,661 cr	0.27%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.512	6.64%	₹ 15,974 cr	0.41%	Average
Aditya Birla Sun Life Ultra Short Term Fund Direct Plan Growth	₹ 605.668	6.59%	₹ 18,819 cr	0.32%	Above Average
Kotak Ultra Short Term Fund Direct Growth	₹ 48.641	6.50%	₹ 15,962 cr	0.36%	Average

Best Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Tata Ultra Short Term Fund Direct Growth	₹ 16.213	7.00%	₹ 6,495 cr	0.33%	Below Average
Nippon India Ultra Short Term Fund Direct Growth Option	₹ 4835.770	6.97%	₹ 12,447 cr	0.34%	Below Average
Axis Ultra Short Term Fund Direct Growth	₹ 16.974	6.76%	₹ 6,074 cr	0.36%	Below Average
LIC MF Ultra Short Term Fund Direct Growth	₹ 1465.420	6.74%	₹ 678 cr	0.25%	Average
Invesco India Ultra Short Term Fund Direct Plan Growth	₹ 3124.295	6.73%	₹ 1,661 cr	0.27%	Average
Mirae Asset Ultra Short-Term Fund Direct Growth	₹ 1435.406	6.71%	₹ 2,066 cr	0.23%	Average
DSP Ultra Short Term Fund Direct Plan Growth	₹ 4016.763	6.67%	₹ 4,599 cr	0.3%	Average