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Scheme Information
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.
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.
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.
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
Not Recommended
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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Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
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Create an account with Scripbox through a paperless process, to invest in this fund
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
Continuous monitoring & alerts
We will track our recommendations and suggest changes & fund exists whenever required.
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Annual reviews & rebalances
We review your investments and make course corrections every year to make the best out of your investments
About L&T Ultra Short Term Fund (DR-D)
About L&T Ultra Short Term Fund (DR-D)
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
L&T Ultra Short Term Fund (DR-D) 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 (DR-D) NAV,AUM,Risk
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.
L&T Ultra Short Term Fund (DR-D) Holdings
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
L&T Ultra Short Term Fund (DR-D) 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 (DR-D) 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.
L&T Ultra Short Term Fund (DR-D) Review
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.
