Item: L&T Ultra Short Term Fund Direct Plan Weekly Payout of Income Distribution cum Cap Wrdl
Rating: 3
Author: Morningstar

Home › Mutual Funds › L&T Finance Mutual Fund › L&T Ultra Short Term Fund Direct Plan Weekly Payout of Income Distribution cum Cap Wrdl

11.371 (0.024%)

NAV on November 25, 2022

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,487 cr

Turnover Ratio 294.15%

Expense Ratio 0.23%

Exit Load -

Returns

1M: 0.49%
1Y: 4.38%
3M: 1.37%
3Y: 4.29%
6M: 2.68%
5Y: 4.89%

Min Investment 10,000

ADDITIONAL INFO

Fund Manager Mahesh Chhabria (Since over 2 years) Jalpan Shah (Since almost 10 years)

ISIN INF917K01HY0

Fund Family L&T Finance

Launch Date January 01, 2013

Benchmark NIFTY Ultra Short Duration Debt TR INR

Avg. Maturity 0.29 years

Yield To Maturity (%) 6.92%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	510.570	7.68%	11,837 cr	0.39%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.460	7.61%	12,586 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.319	7.61%	4,651 cr	0.32%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4172.257	7.53%	2,093 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.207	7.50%	12,537 cr	0.36%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2640.210	7.47%	614 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.241	7.43%	13,375 cr	0.37%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4066.385	7.72%	5,654 cr	0.38%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	510.570	7.68%	11,837 cr	0.39%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.460	7.61%	12,586 cr	0.39%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3393.456	7.61%	2,467 cr	0.31%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.319	7.61%	4,651 cr	0.32%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1211.344	7.60%	1,464 cr	0.22%	Low
Tata Ultra Short Term Fund Direct Growth	13.650	7.59%	2,712 cr	0.31%	Below Average