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L&T Ultra Short Term Fund - Direct Plan

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.

Suitability

This product is suitable for investors who are seeking

• An open-ended pure income scheme

• Generation of reasonable and stable income and liquidity over short term

• Investments predominantly in highly liquid money market instruments, government securities and corporate debt

Fund Info

Scheme Class	Debt
Scheme Category	Ultra Short Duration
Expense Ratio	0.23%
Min subscription	₹ 10,000

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 1,619
AMC AUM (in Crs.)	₹ 70,944
Min Addition Subscription	₹ 1,000

Benchmark Type

CRISIL Liquid Fund TR INR

Exit Load

No Exit load, if redeemed after 0 years.

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
ICICI Prudential Ultra Short Term Fund - Direct Plan	1000	1000	5.61%
Kotak Savings Fund - Direct Plan	1000	1000	5.01%

Top 10 Holdings

Company	Holding Type	Asset(%)
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo	Cash - Repurchase Agreement	11
Housing Development Finance Corporation Ltd	Bond - Corporate Bond	8
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	8
Bank Of Baroda	Cash - CD Time Deposit	7
Axis Bank Limited	Cash - CD Time Deposit	6
364 Dtb 09032023	Bond - Gov't Treasury	6
Small Industries Development Bank Of India	Cash - CD Time Deposit	6
Hdfc Bank Limited	Cash - CD Time Deposit	5
Power Grid Corporation Of India Limited	Bond - Corporate Bond	5
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)	Cash - CD Time Deposit	5

Asset Allocation(%)

Asset	Percent
Cash - CD Time Deposit	46
Bond - Corporate Bond	21
Cash - Commercial Paper	17
Cash - Repurchase Agreement	11
Bond - Gov't Treasury	6

Sector Allocation(%)

Sector	Percent
Cash - CD Time Deposit	46
Bond - Corporate Bond	21
Cash - Commercial Paper	17
Cash - Repurchase Agreement	11
Bond - Gov't Treasury	6

Fund Manager

Mahesh Chhabria

0+ years of experience

Jalpan Shah

8+ years of experience

L&T Investment Mutual Fund

AUM₹70,944 Cr

About

L&T Mutual Fund offers a bouquet of mutual fund schemes for investors of various investing ideologies. It is one of the pioneering asset management companies of India that has made a mark of its own in the financial industry. L&T Investment Management Limited is the Asset Management Company for all L&T Mutual Fund schemes.##The fund was launched in January 1997 and as of June 2018, it has an asset under management of Rs.71118.29 crores. Being a well-known brand in India, this AMC maintains a reputation to giving consistent returns to investors and has funds performing brilliantly across different categories.

Phone

1800 4190 200

Address

6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai - 400098

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m