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L&T Ultra Short Term Fund

3 Value Research
-0.04%
Change from previous, NAV as on Dec 05, 2019
Category: Debt: Ultra Short Duration
Assets: R 2,781 crore (As on Nov 30, 2019)
Expense: 0.53% (As on Oct 31, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Apr 10, 2003
Benchmark: NIFTY Ultra Short Duration Debt
Riskometer: Moderately Low
Risk Grade: Average
Return Grade: Average
Type: Open-ended
Investment Details
Return since Launch: 7.48%
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 7.24 0.47 1.61 7.99 7.20 7.76 8.18
CCIL T Bill Liquidity Weight 4.15 0.31 0.97 4.51 4.16 4.55 4.67
Category 6.56 0.52 1.59 6.84 6.31 7.14 7.98
Rank within Category 11 19 14 10 8 7 4
Number of funds in category 23 27 26 23 17 17 12
As on Dec 04, 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 Apr-2003 7.99 7.20 7.76 0.53 2,781
Aditya Birla Sun Life Savings Fund Apr-2003 8.84 7.62 8.31 0.37 15,840
Franklin India Ultra Short Bond Fund - Super Institutional Plan Dec-2007 9.78 8.75 9.18 0.52 19,950
Kotak Savings Fund Regular Plan Aug-2004 8.22 7.31 7.78 0.76 11,281
SBI Magnum Ultra Short Duration Fund May-1999 8.32 7.54 7.74 0.50 10,925
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 42 54 34 44
Modified Duration (yrs)* 0.42 0.46 0.29 0.36
Average Maturity (yrs)* 0.43 0.49 0.31 0.40
Yield to Maturity (%)* 5.49 8.10 5.49 6.13
  Value Research Fund Style*
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  HDFC Bank 2020 Certificate of Deposit A1+ 0.00 - 5.94 5.32
  Reliance Industries 179-D 02/03/2020 Commercial Paper A1+ 0.00 - 5.94 5.32
  Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 5.85 5.25
  ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 4.95 4.43
  Export-Import Bank 182-D 16/03/2020 Commercial Paper A1+ 0.00 - 5.93 4.43
  7.65% National Housing Bank 2022 Debenture AAA 0.00 - 4.08 3.62
  Reliance Industries 109-D 06/03/2020 Commercial Paper A1+ 0.00 - 3.55 3.55
  HDB Financial Services 352-D 04/03/2020 Commercial Paper A1+ 0.00 - 3.96 3.55
  National Bank Agr. Rur. Devp 2020 Commercial Paper A1+ 0.00 - 3.95 3.54
  Sundaram Finance 364-D 20/03/2020 Commercial Paper A1+ 0.00 - 3.95 3.54
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Nov 30, 2019
*As on Oct 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Dec 04, 2019 0.0013   More...
    Dec 03, 2019 0.0013    
    Dec 02, 2019 0.0034    
    Nov 29, 2019 0.0018    
    Nov 28, 2019 0.0013    
    Nov 27, 2019 0.0014    
    Nov 26, 2019 0.0008    
    Nov 25, 2019 0.0033    
    Nov 22, 2019 0.0010    
    Nov 21, 2019 0.0015    
    Nov 20, 2019 0.0017    
    Nov 19, 2019 0.0011    
    Nov 18, 2019 0.0036    
    Nov 15, 2019 0.0019    
    Nov 14, 2019 0.0014    
    Nov 13, 2019 0.0029    
    Nov 11, 2019 0.0040    
    Nov 08, 2019 0.0003    
    Nov 05, 2019 0.0007    
    Nov 04, 2019 0.0030    
    Nov 01, 2019 0.0017    
    Oct 31, 2019 0.0026    
    Oct 30, 2019 0.0035    
    Oct 29, 2019 0.0044    
    Oct 25, 2019 0.0012    
+ Dividend Half Yearly Sep 23, 2009 1.8833   More...
    Mar 27, 2009 0.1752    
    Sep 25, 2007 0.4380    
    Sep 27, 2004 0.0884    
    Mar 25, 2004 0.2000    
    Sep 25, 2003 0.3500    
    Apr 28, 2003 0.6500    
+ Dividend Monthly Nov 25, 2019 0.0576   More...
    Oct 25, 2019 0.0576    
    Sep 25, 2019 0.0576    
    Aug 26, 2019 0.0576    
    Jul 25, 2019 0.0504    
    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    
+ Dividend Weekly Dec 02, 2019 0.0085   More...
    Nov 25, 2019 0.0081    
    Nov 18, 2019 0.0095    
    Nov 11, 2019 0.0047    
    Nov 04, 2019 0.0079    
    Oct 29, 2019 0.0083    
    Oct 22, 2019 0.0101    
    Oct 14, 2019 0.0101    
    Oct 07, 2019 0.0113    
    Sep 30, 2019 0.0133    
    Sep 23, 2019 0.0014    
    Sep 16, 2019 0.0092    
    Sep 09, 2019 0.0067    
    Sep 03, 2019 0.0107    
    Aug 26, 2019 0.0089    
    Aug 19, 2019 0.0074    
    Aug 13, 2019 0.0155    
    Aug 05, 2019 0.0153    
    Jul 29, 2019 0.0083    
    Jul 22, 2019 0.0089    
    Jul 15, 2019 0.0142    
    Jul 08, 2019 0.0154    
    Jul 01, 2019 0.0083    
    Jun 24, 2019 0.0083    
    Jun 17, 2019 0.0081    
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: 022-66554002

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: 1800-3010-6767 / 1800-419-7676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com