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

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Invesco India Ultra Short Duration Fund Direct Plan Growth	2842.189	7.96%	1,039 cr	0.24%	Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4490.637	7.94%	3,143 cr	0.37%	Average