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L&T Ultra Short Term Fund

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: 0.53% (As on Jul 31, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Apr 10, 2003
Benchmark: CRISIL Liquid
Riskometer: Moderately Low
Risk Grade: Average
Return Grade: Average
Type: Open-ended
Investment Details
Return since Launch: 7.49%
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 5.20 0.67 2.18 8.21 7.40 7.92 8.12
CCIL T Bill Liquidity Weight 2.99 0.44 1.28 4.62 4.28 4.65 4.62
Category 4.46 0.66 1.68 6.22 6.45 7.29 7.93
Rank within Category 11 11 10 8 8 7 4
Number of funds in category 23 26 24 21 17 17 12
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 Apr-2003 8.21 7.40 7.92 0.53 2,541
Aditya Birla Sun Life Savings Fund Apr-2003 8.89 7.86 8.44 0.35 15,237
Franklin India Ultra Short Bond Fund - Super Institutional Plan Dec-2007 9.83 8.87 9.24 0.52 19,954
PGIM India Ultra Short Term Fund Jul-2008 11.90 8.72 8.85 0.71 51
SBI Magnum Ultra Short Duration Fund May-1999 8.48 7.48 7.82 0.50 8,447
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 0.0029   More...
    Aug 13, 2019 0.0035    
    Aug 09, 2019 0.0017    
    Aug 08, 2019 0.0014    
    Aug 07, 2019 0.0043    
    Aug 06, 2019 0.0007    
    Aug 05, 2019 0.0041    
    Aug 02, 2019 0.0018    
    Aug 01, 2019 0.0037    
    Jul 31, 2019 0.0034    
    Jul 30, 2019 0.0034    
    Jul 29, 2019 0.0041    
    Jul 26, 2019 0.0014    
    Jul 25, 2019 0.0011    
    Jul 24, 2019 0.0010    
    Jul 22, 2019 0.0024    
    Jul 19, 2019 0.0005    
    Jul 18, 2019 0.0009    
    Jul 17, 2019 0.0014    
    Jul 16, 2019 0.0028    
    Jul 15, 2019 0.0048    
    Jul 12, 2019 0.0020    
    Jul 11, 2019 0.0023    
    Jul 10, 2019 0.0040    
    Jul 09, 2019 0.0025    
+ 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 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 0.0155   More...
    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    
    Jun 10, 2019 0.0057    
    Jun 03, 2019 0.0155    
    May 27, 2019 0.0131    
    May 20, 2019 0.0137    
    May 13, 2019 0.0109    
    May 06, 2019 0.0070    
    Apr 30, 2019 0.0059    
    Apr 22, 2019 0.0079    
    Apr 15, 2019 0.0053    
    Apr 08, 2019 0.0053    
    Apr 02, 2019 0.0256    
    Mar 25, 2019 0.0068    
    Mar 18, 2019 0.0134    
    Mar 11, 2019 0.0082    
    Mar 05, 2019 0.0105    
    Feb 25, 2019 0.0083    
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