Item: L&T Ultra Short Term Fund Direct Plan Weekly Reinvestment of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › L&T Finance Mutual Fund › L&T Ultra Short Term Fund Direct Plan Weekly Reinvestment of Income Distribution cum Cap Wdrl

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: 0.49%
1Y: 4.38%
3M: 1.37%
3Y: 4.29%
6M: 2.68%
5Y: 4.89%

Min Investment 10,000

ADDITIONAL INFO

Fund Manager Mahesh Chhabria (Since over 3 years) Jalpan Shah (Since almost 11 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.

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 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	4354.842	8.00%	7,364 cr	0.38%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	546.651	7.99%	14,165 cr	0.34%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1296.638	7.93%	1,588 cr	0.18%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.319	7.87%	5,297 cr	0.36%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2823.187	7.82%	1,337 cr	0.24%	Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4461.003	7.82%	3,385 cr	0.32%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.358	7.81%	13,017 cr	0.39%	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	4354.842	8.00%	7,364 cr	0.38%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	546.651	7.99%	14,165 cr	0.34%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1296.638	7.93%	1,588 cr	0.18%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3632.857	7.92%	3,165 cr	0.3%	Average
Tata Ultra Short Term Fund Direct Growth	14.606	7.88%	4,996 cr	0.3%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.319	7.87%	5,297 cr	0.36%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.358	7.81%	13,017 cr	0.39%	Below Average