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L&T Ultra Short Term Fund - Direct Plan

3 Value Research
0.05%
Change from previous, NAV as on Aug 19, 2019
Category: Debt: Ultra Short Duration
Assets: R 2,541 crore (As on Jul 31, 2019)
Expense: 0.23% (As on Jul 31, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Jan 01, 2013
Benchmark: CRISIL Liquid
Riskometer: Moderately Low
Risk Grade: Above Average
Return Grade: Average
Type: Open-ended
Investment Details
Return since Launch: 8.61%
Minimum Investment (R) 10,000
Minimum Addl Investment (R) 1,000
Minimum Withdrawal (R) 500
Minimum SWP Withdrawal (R) 500
Minimum Balance (R) 500
Exit Load (%) 0
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 5.40 0.69 2.25 8.55 7.77 8.29 -
CCIL T Bill Liquidity Weight 2.99 0.44 1.28 4.62 4.28 4.65 -
Category 4.73 0.69 1.78 6.65 6.93 7.75 -
Rank within Category 13 12 11 9 7 7 -
Number of funds in category 23 26 24 21 17 17 -
As on Aug 19, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
L&T Ultra Short Term Fund - Direct Plan Jan-2013 8.55 7.77 8.29 0.23 2,541
Aditya Birla Sun Life Savings Fund - Direct Plan Jan-2013 9.02 8.00 8.57 0.23 15,237
BOI AXA Ultra Short Duration Fund - Direct Plan Jan-2013 8.31 8.17 8.63 0.33 322
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct Plan Jan-2013 9.92 8.96 9.33 0.42 19,954
Indiabulls Ultra Short Term Fund - Direct Plan Jan-2013 8.37 8.00 8.60 0.29 85
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 44 54 32 50
Modified Duration (yrs) 0.46 0.46 0.23 0.40
Average Maturity (yrs) 0.49 0.49 0.24 0.44
Yield to Maturity (%) 6.46 8.10 6.46 7.14
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  SIDBI 2020 Commercial Paper A1+ 0.00 - 6.63 6.63
  HDFC Bank 2020 Certificate of Deposit A1+ 0.00 - 5.69 5.69
  9.22% LIC Housing Fin. 2019 Debenture AAA 0.00 - 4.23 3.97
  8.2% Power Grid Corporation 2020 Debenture AAA 0.00 - 4.23 3.96
  Indian Bank 2019 Certificate of Deposit A1+ 0.00 - 3.90 3.90
  National Bank Agr. Rur. Devp 2020 Commercial Paper A1+ 0.00 - 3.78 3.78
  HDB Financial Services 352-D 04/03/2020 Commercial Paper A1+ 0.00 - 3.78 3.78
  Sundaram Finance 364-D 20/03/2020 Commercial Paper A1+ 0.00 - 3.77 3.77
  Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 3.73 3.73
  Kotak Mahindra Bank 2019 Certificate of Deposit A1+ 0.00 - 3.72 2.89
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Aug 16, 2019 0.0031   More...
    Aug 13, 2019 0.0038    
    Aug 09, 2019 0.0018    
    Aug 08, 2019 0.0015    
    Aug 07, 2019 0.0043    
    Aug 06, 2019 0.0007    
    Aug 05, 2019 0.0044    
    Aug 02, 2019 0.0019    
    Aug 01, 2019 0.0039    
    Jul 31, 2019 0.0036    
    Jul 30, 2019 0.0035    
    Jul 29, 2019 0.0044    
    Jul 26, 2019 0.0015    
    Jul 25, 2019 0.0012    
    Jul 24, 2019 0.0011    
    Jul 23, 2019 0.0001    
    Jul 22, 2019 0.0026    
    Jul 19, 2019 0.0006    
    Jul 18, 2019 0.0009    
    Jul 17, 2019 0.0015    
    Jul 16, 2019 0.0029    
    Jul 15, 2019 0.0051    
    Jul 12, 2019 0.0021    
    Jul 11, 2019 0.0024    
    Jul 10, 2019 0.0042    
+ Dividend Half Yearly Mar 23, 2016 0.1445   More...
    Sep 29, 2015 0.1300    
+ Dividend Monthly Jul 25, 2019 0.0504   More...
    Jun 25, 2019 0.0504    
    May 27, 2019 0.0504    
    Apr 25, 2019 0.0504    
    Mar 25, 2019 0.0504    
    Feb 25, 2019 0.0504    
    Jan 25, 2019 0.0504    
    Dec 26, 2018 0.0504    
    Nov 26, 2018 0.0504    
    Oct 25, 2018 0.0504    
    Sep 25, 2018 0.0504    
    Aug 27, 2018 0.0504    
    Jul 25, 2018 0.0504    
    Jun 25, 2018 0.0504    
    May 25, 2018 0.0504    
    Apr 25, 2018 0.0504    
    Mar 26, 2018 0.0433    
    Feb 26, 2018 0.0433    
    Jan 25, 2018 0.0433    
    Dec 26, 2017 0.0433    
    Nov 27, 2017 0.0433    
    Oct 25, 2017 0.0433    
    Sep 25, 2017 0.0433    
    Aug 28, 2017 0.0433    
    Jul 25, 2017 0.0578    
+ Dividend Weekly Aug 13, 2019 0.0162   More...
    Aug 05, 2019 0.0159    
    Jul 29, 2019 0.0088    
    Jul 22, 2019 0.0094    
    Jul 15, 2019 0.0148    
    Jul 08, 2019 0.0160    
    Jul 01, 2019 0.0089    
    Jun 24, 2019 0.0088    
    Jun 17, 2019 0.0086    
    Jun 10, 2019 0.0061    
    Jun 03, 2019 0.0162    
    May 27, 2019 0.0137    
    May 20, 2019 0.0143    
    May 13, 2019 0.0115    
    May 06, 2019 0.0074    
    Apr 30, 2019 0.0064    
    Apr 22, 2019 0.0085    
    Apr 15, 2019 0.0058    
    Apr 08, 2019 0.0058    
    Apr 02, 2019 0.0264    
    Mar 25, 2019 0.0073    
    Mar 18, 2019 0.0140    
    Mar 11, 2019 0.0087    
    Mar 05, 2019 0.0111    
    Feb 25, 2019 0.0088    
News and Analysis
Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098 | Phone: 022-66554000, 1800 2000 400 | Fax: 022- 6655 4002

Email: [email protected]

Website: www.lntmf.com



Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 | Phone: 180030106767/18004197676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com