• Mutual Funds
  • L&T Mutual Fund
  • L&T Ultra Short Term Fund (RIDCW-6M)

Formerly L&T Ultra Short Term HY DR

L&T Mutual Fund

L&T Ultra Short Term Fund (RIDCW-6M)

DebtUltra Short

27.1181

NAV (Aug 05)

4.6%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in ultra short mutual funds.

However, Scripbox does not recommend investing in ultra short mutual funds.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 1,672 Cr

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

View all 8 analysis

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Invest in this fund

Scripbox Recommended Ultra Short Funds

Want the ultra short term debt funds that are right for your short term investment needs?

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

27.1181

NAV (Aug 5)

Fund Returns

Last 1Y

3.6%

Last 3Y

4.6%

Last 5Y

5.7%

Last 10Y

7%

Since Inception

7.4%

6 Month CAGR

1.9%

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.

Expense Ratio

0.39

Launched (25y ago)

Nov 27, 1997

AUM in Crores

1671.535

ISIN

INF917K01AP3

Lock-in

No Lock-in

Benchmark

NIFTY Ultra Short Duration Debt TR INR

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers

Mahesh Chhabria

Fund Manager

Shriram Ramanathan

Fund Manager

Jalpan Shah

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-08-05

Top Debt Holdings

182 Days Treasury Bill 15-09-2022

11.9%
11.9%

housing development finance corporation ltd

7.7%
7.7%

bank of baroda

6.5%
6.5%

sbi cards & payment services ltd.

5.9%
5.9%

364 Days Treasury Bill 09-03-2023

5.8%
5.8%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 72,101 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.

amc-img

  • 022-66554000
  • investor.line@lntmf.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.1%

    5.7%

    3.9%

    5%

    6.6%

    6.9%

    3.9%

    5.1%

    3.9%

    5.1%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    L&T Ultra Short Term Fund (RIDCW-6M) Review

    L&T Ultra Short Term Fund (RIDCW-6M) is a Ultra Short Debt fund and has delivered an annualised return of 7.4% over a period of 24 years. The fund was previously known as L&T Ultra Short Term HY DR. The fund is managed by L&T Investment Management Ltd. The fund managers are Jalpan Shah, Mahesh Chhabria, Shriram Ramanathan.

    Nav of L&T Ultra Short Term Fund (RIDCW-6M) as of 8/5/2022 is ₹27.12 with the total AUM as of 8/6/2022 is ₹1671.535. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Ultra Short Term Fund (RIDCW-6M) was launched on Nov 27, 1997. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for L&T Ultra Short Term Fund (RIDCW-6M) is ₹0 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 ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    L&T Ultra Short Term Fund (RIDCW-6M) 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 (RIDCW-6M) is rated as a 3 fund in Debt and delivered 3.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with L&T Ultra Short Term Fund (RIDCW-6M).

    Frequently Asked Questions

    What is L&T Ultra Short Term Fund (RIDCW-6M)?

    L&T Ultra Short Term Fund (RIDCW-6M) is a Ultra Short Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in L&T Ultra Short Term Fund (RIDCW-6M)?

    You can invest in L&T Ultra Short Term Fund (RIDCW-6M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of L&T Ultra Short Term Fund (RIDCW-6M)?

    The minimum sip amount for L&T Ultra Short Term Fund (RIDCW-6M) is ₹0. You can invest in multiples of ₹5000.

    Is L&T Ultra Short Term Fund (RIDCW-6M) good to invest in?

    As per Scripbox experts, L&T Ultra Short Term Fund (RIDCW-6M) is a Neutral fund. You can investL&T Ultra Short Term Fund (RIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the L&T Ultra Short Term Fund (RIDCW-6M)?

    The expense ratio of the L&T Ultra Short Term Fund (RIDCW-6M) is 0.39% for regular plan.