• Mutual Funds
  • L&T Mutual Fund
  • L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W)

Formerly L&T Ultra Short Term Wk DR

L&T Mutual Fund

L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W)

DebtUltra Short

Top Ranked

11.1496

NAV (Jan 24)

4.5%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within 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 ->

Track Record

15 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

2,220 Cr. Medium 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

Invest in this fund
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Short Term Money

Short Term Money

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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    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

Historical NAV

11.1496

NAV (Jan 24)

Fund Returns

Last 1Y

3.5%

Last 3Y

4.5%

Last 5Y

4.8%

Last 10Y

5.2%

Since Inception

4.5%

6 Month CAGR

1.7%

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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.

Expense Ratio

0.39

Launched (15y ago)

Jun 19, 2007

AUM in Crores

2219.656

ISIN

INF917K01AW9

Lock-in

No Lock-in

Benchmark

NIFTY Ultra Short Duration Debt TR INR

SIP Minimum

1000

Lumpsum Min.

10000

Fund Managers
user-avatar

Jalpan Shah

Fund Manager

user-avatar

Shriram Ramanathan

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,746 cr

5

₹ 36,350 cr

5

₹ 9,578 cr

5

₹ 29,495 cr

5

₹ 26,926 cr

5

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About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 78,953 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.

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

    9.4%

    7.5%

    3.7%

    6.5%

    16.4%

    10.2%

    5.4%

    7.1%

    7.1%

    7.9%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) Review

    L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) is a Ultra Short Debt fund and has delivered an annualised return of 4.5% over a period of 14 years. The fund was previously known as L&T Ultra Short Term Wk DR. The fund is managed by L&T Investment Management Ltd. The fund managers are Jalpan Shah, Shriram Ramanathan.

    Nav of L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) as of 24/01/2022 is ₹11.15 with the total AUM as of 25/01/2022 is ₹2219.656. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) was launched on Jun 19, 2007. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) 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. Check your estimated returns on mutual funds by using sip calculator.

    L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) 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 of Income Distribution cum Cap Wrdl (RIDCW-W) is rated as a 4 fund in Debt and delivered 3.5% 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 of Income Distribution cum Cap Wrdl (RIDCW-W).

    Frequently Asked Questions

    What is L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W)?

    How to invest in L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W)?

    What is the minimum sip amount of L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W)?

    Is L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W) good to invest in?

    What is the expense ratio of the L&T Ultra Short Term Fund of Income Distribution cum Cap Wrdl (RIDCW-W)?