SENSEX NIFTY
You are here : Moneycontrol > Mutual Funds > Ultra Short Term Debt > L&T Mutual Fund > L&T Ultra Short Term Fund (WD)

L&T Ultra Short Term Fund (WD)

PLAN: Institutional Plan OPTIONS: Weekly Dividend
10.754 0.01 (0.05%)

NAV as on 29 Aug, 2016

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
OR
Add to Watchist
Have you invested in these stocks? You can track them better in your Portfolio
ranking by CRISIL

Very Good performance in the category

The scheme is ranked 1 in Ultra Short Term Debt category by Crisil (for quarter ended Jun 2016) up from Rank 2 last quarter. If you are already invested in this scheme, you may continue to stay invested.

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.
View Historic Graph From     To     

Returns (NAV as on 29 Aug, 2016)

Period Returns (%) Rank #
1 mth 0.6 113
3 mth 2.3 104
6 mth 4.6 104
1 year 8.6 91
2 year 8.7 99
3 year 9.1 98
5 year 9.2 20

# Moneycontrol Rank within 208 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2016 0.5 - - - -
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
2011 - - - 1.0 1.0

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 0.6 2.3 4.6 8.6 8.7 9.1 9.2
Category avg 0.6 2.1 4.3 7.8 7.6 8.0 7.4
Difference of Fund returns and Category returns 0.0 0.2 0.3 0.8 1.1 1.1 1.8
Best of category 1.1 3.5 7.4 10.6 10.3 10.3 10.0
Worst of category 0.4 0.6 1.3 -0.2 -19.7 5.4 0.1
L&T Ultra Short Term Fund (WD) Review by Crisil - Rating: 5 (Rank 1 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 Apr 10, 2003
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 564.41 (Jun-30-2016)
Minimum Investment Rs.1000000
Last Dividend Rs.0.01 (Aug-22-2016)
Bonus N.A.
Fund Manager Jalpan Shah
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, Mafatlal Centre Nariman Point Mumbai , 400021
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 (%)
SBI Ultra Short Term Bond - DP (G) Not Ranked
7,175.51 2.2 4.6 8.5 9.2 --
Birla SL Saving - Direct (G) Not Ranked
7,115.47 2.6 5.3 9.4 9.8 --
Birla SL Saving Fund (DAP) Not Ranked
0.00 2.5 5.2 9.2 9.6 9.1
SBI Ultra Short Term Bond - RP (G) Rank 2
1,947.24 2.1 4.5 8.4 9.1 9.0
Reliance Money Mgr -Direct (G) Not Ranked
6,685.91 2.4 4.9 8.9 9.5 --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jul 29, 16)

Money Market Rating Value
(Rs cr)
Asset %
MONEY MARKET INSTRUMENTS CPs - CDs 1,901.11 54.08
Canara Bank CRISIL A1+ 156.52 4.45
Corporation Bank CRISIL A1+ 120.13 3.42
Axis Bank Limited ICRA A1+ 119.92 3.41
Small Industries Development Bank of India CARE A1+ 97.76 2.78
ICICI Bank Limited ICRA A1+ 96.00 2.73
Kotak Mahindra Prime Limited CRISIL A1+ 95.80 2.73
Tata Capital Limited CRISIL A1+ 95.20 2.71
Axis Bank Limited CRISIL A1+ 93.38 2.66
National Bank for Agriculture & Rural Development CRISIL A1+ 78.02 2.22

Full Portfolio

Sector Allocation (Jul 29, 16)

Sector %

1-Year

HighLow

No Sector Data Available

View All Sectors

Asset Allocation (%)(Jul 29, 16)

Equity 0.00
Others 0.00
Debt 45.76
Mutual Funds N.A
Money Market 54.08
Cash / Call 0.16

View All

Concentration

Holdings (%)
Top 5 68.14
Top 10 81.19
Sector (%)
Top 3 N.A.

News & Videos

News

Messages & Community

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.