This fund is a good choice within ultra short mutual funds.
Scripbox recommends other funds for investment in Ultra Short.
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to see our recommendations.
Ultra Short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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
Moderately Low
Moderate
Moderately High
High
Moderately Low risk
0.53%
Expense Ratio
21st May, 2007
Launched (13y ago)
₹
2,044
AUM in Crores
INF917K01AX7
ISIN
No Lock-in
Lock-in
NIFTY Ultra Short Duration Debt TR INR
Benchmark
₹
1000
SIP Minimum
₹
10000
Lumpsum Min.
Fund Managers
Jalpan Shah
Fund Manager
Shriram Ramanathan
Fund Manager
Vikas Garg
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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About L&T Ultra Short Term Fund (Dividend Reinvestment - Daily)
About L&T Ultra Short Term Fund (Dividend Reinvestment - Daily)
L&T Ultra Short Term Fund (Dividend Reinvestment - Daily) is a Ultra Short Debt fund and has delivered an annualised return of 6.06% over a period of 13 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.
L&T Ultra Short Term Fund (Dividend Reinvestment - Daily) 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.
However, there is no assurance that the objective of the scheme will be realized.
L&T Ultra Short Term Fund (Dividend Reinvestment - Daily) NAV, AUM and Risk
The fund was launched on 2007-05-21. The NAV of the fund as of 2020-10-22 is ₹ 10.32. The total AUM of the fund as of 2020-10-22 is ₹ 2,044 Cr. The category risk of the fund is Moderately Low risk
The fund charges 0.53 % as expense ratio.
L&T Ultra Short Term Fund (Dividend Reinvestment - Daily) Holdings
The fund’s highest allocation is towards others and has invested 75.85% in this asset class.
The top three holdings of the fund are 182 dtb 04032021, icici bank limited and export-import bank of india.
L&T Ultra Short Term Fund (Dividend Reinvestment - Daily) SIP
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.
L&T Ultra Short Term Fund (Dividend Reinvestment - Daily) Investment volatility and Horizon
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.
