Formerly L&T US/T Instl Dl Div
₹ 10.3221
NAV (Mar 01)
Top Ranked
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
14 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
2,308 Cr. Large within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
0.39 %
Expense Ratio
May 21, 2007
Launched (14y ago)
₹ 2,308
AUM in Crores
INF917K01AX7
ISIN
No Lock-in
Lock-in
NIFTY Ultra Short Duration Debt TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 10,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
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Top Ranked
17 Years
Age
Track Record
Liquid
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Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
L&T Investment Management Ltd
L&T Investment Management Ltd manages assets worth 71,539 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.
Mid Cap
Recommended
Top Ranked
₹ 5,881 Cr
Fund Size
6.2%
3Y returns
Mid Cap
Top Ranked
₹ 5,881 Cr
Fund Size
5%
3Y returns
Mid Cap
Top Ranked
₹ 5,881 Cr
Fund Size
5%
3Y returns
Corporate Bond
Top Ranked
₹ 6,783 Cr
Fund Size
9.4%
3Y returns
Overnight
Top Ranked
₹ 1,427 Cr
Fund Size
4.4%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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L&T Ultra Short Term Fund (DR-D) is a ultra short debt fund and has delivered an annualised return of 6.0% over a period of 14 years .The fund was previously known as L&T US/T Instl Dl Div.The fund is managed by L&T Investment Management Ltd.The fund managers are Jalpan Shah, Shriram Ramanathan, Vikas Garg
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. However, there is no assurance that the objective of the scheme will be realized.
The L&T Ultra Short Term Fund (DR-D) fund was launched on May 21, 2007. The NAV (Net Asset Value) of this ultra short debt as of 2021-03-01 is ₹ 10.3221. The total AUM (Asset Under Management) of the fund as of 2021-03-02 is ₹ 2307.194. The category risk of the L&T Ultra Short Term Fund (DR-D) fund is Low to Moderate Risk. The fund charges 0.39 % as expense ratio.
The fund’s highest allocation is towards others and has invested 83.5% in this asset class. The top three holdings of the fund are 182 dtb 04032021,national highways authority of india and 91 dtb 01042021
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 10000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Ultra Short Duration Debt TR INR.
L&T Ultra Short Term Fund (DR-D) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, L&T Ultra Short Term Fund (DR-D) has a score of 4 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.