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L&T Ultra Short Term Fund (WD)

PLAN: Institutional Plan OPTIONS: Weekly Dividend
10.854 0.01 (0.06%)

NAV as on 27 Jun, 2017

CRISIL MF RANK

Riskometer

MODERATELY LOW

MODERATELY LOW

  • Principal at moderately low risk.
FUND FAMILY : L&T Mutual Fund FUND CLASS : Ultra Short Term Debt
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ranking by CRISIL

Good performance in the category

The scheme is ranked 2 in Ultra Short Term Debt category by Crisil (for quarter ended Mar 2017) rank unchanged from last quarter. If you are already invested in this scheme, you may continue to stay invested. But, do keep a check on its performance.

View Top ranked funds in this category

Close L&T Ultra Short Term Fund - Institutional Plan rename as L&T Ultra Short Term Fund. The scheme is Open for Subscription. L&T Mutual Fund has rename L&T Freedom Income - Short Term Fund to L&T Ultra Short Term Fund with effect from July 11, 2011.
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Returns (NAV as on 27 Jun, 2017)

Period Returns (%) Rank #
1 mth 0.7 98
3 mth 1.8 123
6 mth 3.5 121
1 year 7.8 113
2 year 8.1 111
3 year 8.3 111
5 year 8.7 38

# Moneycontrol Rank within 207 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 0.2 - - - -
2016 0.5 -0.2 0.4 0.2 1.3
2015 0.3 0.1 0.4 0.2 1.4
2014 0.4 0.2 0.3 0.3 1.3
2013 1.5 0.1 -0.1 0.4 2.1
2012 2.3 - - 1.4 0.5

View where it stands within its peers

* Returns over 1 year are Annualised

* Calculation Remark - Dividends are reinvested at the rate of return

Performance

Fund returns v/s Category average (Ultra Short Term Debt)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 0.7 1.8 3.5 7.8 8.1 8.3 8.7
Category avg 0.6 1.8 3.2 7.1 7.3 7.3 7.2
Difference of Fund returns and Category returns 0.1 0.0 0.3 0.7 0.8 1.0 1.5
Best of category 1.2 3.8 6.0 10.3 9.8 9.8 9.8
Worst of category 0.1 0.9 -9.3 -6.1 0.9 -11.5 5.6
L&T Ultra Short Term Fund (WD) Review by Crisil - Rating: 4 (Rank 2 out of 5)

Investment Info

Investment Objective

To achieve this objective the scheme will invest predominantly in a well diversified and highly liquid portfolio of money market instruments, short term corporate debt and other debt securities. The scheme will not invest in equities or equity related instruments.

Scheme details

Fund Type Open-Ended
Investment Plan Dividend
Launch date
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 567.46 (Mar-31-2017)
Minimum Investment Rs.1000000
Last Dividend Rs.0.01 (Jun-19-2017)
Bonus N.A.
Fund Manager Jalpan Shah & Vikas Garg
View performance of schemes managed by the Fund Manager
Notes L&T Ultra Short Term Fund - Institutional Plan rename as L&T Ultra Short Term Fund. The scheme is Open for Subscription. L&T Mutual Fund has rename L&T Freedom Income - Short Term Fund to L&T Ultra Short Term Fund with effect from July 11, 2011.

Load Details

Entry Load N.A
Exit Load 0.00%
Load Comments N.A.

Contact Details

Regd. Office 6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), 400098
Tel. No. 022 - 66554000
Fax No. 022-66554070
Email investor.line@lntmf.co.in
Website http://www.lntmf.com

Peer Comparison

Ultra Short Term Debt Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
HDFC Floating Rate Inc.-STP-RP (G) Not Ranked
66.37 1.9 3.6 8.1 8.4 8.6
SBI Ultra Short Term Debt - DP (G) Rank 2
7,623.43 1.8 3.6 7.8 8.4 --
ICICI Pru Flexi Income -Direct (G) Rank 3
9,947.22 2.0 4.0 8.7 8.9 --
ICICI Pru Savings Fund -Direct (G) Not Ranked
2,287.07 2.2 4.5 9.6 9.4 --
SBI SHDF - USTF - IP (G) Not Ranked
103.65 1.8 3.6 7.7 8.3 8.6
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (May 31, 17)

Debt Rating Value
(Rs cr)
Asset %
LIC Housing Finance Limited CARE AAA 200.11 6.01
Sun Pharma Laboratories Limited ICRA AAA 150.75 4.53
IDFC Bank Limited ICRA AAA 100.66 3.02
IDFC Bank Limited ICRA AAA 100.51 3.02
Housing Development Finance Corporation Limited CRISIL AAA 100.33 3.01
Rural Electrification Corporation Limited CRISIL AAA 75.47 2.27
Bajaj Finance Limited CRISIL AA+ 75.59 2.27
Export-Import Bank of India CRISIL AAA 72.71 2.18
India Infoline Finance Limited ICRA AA 65.81 1.98
Kotak Mahindra Prime Limited CRISIL AAA 50.15 1.51

Full Portfolio

Sector Allocation (May 31, 17)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(May 31, 17)

Equity 0.00
Others 0.00
Debt 53.40
Mutual Funds N.A
Money Market 39.75
Cash / Call 6.85

View All

Concentration

Holdings (%)
Top 5 19.59
Top 10 29.80
Sector (%)
Top 3 N.A.

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