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L&T Ultra Short Term Fund (WD)

PLAN: Institutional Plan OPTIONS: Weekly Dividend
10.894 0 (0.02%)

NAV as on 08 Dec, 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 Sep 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 08 Dec, 2017)

Period Returns (%) Rank #
1 mth 0.4 116
3 mth 1.4 82
6 mth 3.3 102
1 year 6.9 104
2 year 4.8 107
3 year 5.5 109
5 year 7.1 36

# Moneycontrol Rank within 196 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 0.2 - 0.3 - -
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 0.1 0.2 0.4 1.2 4.8 5.5 7.1
Category avg 0.4 1.4 3.3 6.4 7.3 7.2 7.4
Difference of Fund returns and Category returns -0.3 -1.2 -2.9 -5.2 -2.5 -1.7 -0.3
Best of category 1.2 3.8 6.7 9.9 9.7 9.5 9.6
Worst of category 0.1 0.3 2.2 -3.5 2.0 -11.8 6.0
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 Apr 10, 2003
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 785.74 (Sep-30-2017)
Minimum Investment Rs.1000000
Last Dividend Rs.0.01 (Nov-27-2017)
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 (%)
UTI Treasury Advtg - RP (G) Not Ranked
41.72 1.4 3.0 6.7 7.8 8.3
ICICI Pru Savings Fund -Direct (G) Rank 5
3,856.20 1.4 3.5 8.0 9.0 --
HDFC Floating Rate Inc.-STP-WP (G) Rank 3
7,063.35 1.5 3.4 7.0 8.3 8.7
HDFC CMF-Treasury Advan. - RP (G) Rank 4
10,523.98 1.3 3.1 6.6 7.7 7.9
SBI Ultra Short Term Debt - DP (G) Rank 2
8,967.77 1.4 3.2 6.9 8.0 --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Oct 31, 17)

Debt Rating Value
(Rs cr)
Asset %
Indian Railway Finance Corporation Limited CRISIL AAA 200.54 7.36
LIC Housing Finance Limited CARE AAA 200.17 7.35
National Bank for Agriculture & Rural Development CRISIL AAA 125.52 4.61
Export-Import Bank of India CRISIL AAA 101.03 3.71
Housing Development Finance Corporation Limited CRISIL AAA 100.21 3.68
Mahindra & Mahindra Financial Services Limited IND AAA 95.97 3.52
National Bank for Agriculture & Rural Development CRISIL AAA 85.73 3.15
Reliance JIO Infocomm Limited CRISIL AAA 80.91 2.97
Powerlinks Transmission Limited CRISIL AAA 50.33 1.85
HDB Financial Services Limited CRISIL AAA 50.34 1.85

Full Portfolio

Sector Allocation (Oct 31, 17)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(Oct 31, 17)

Equity 0.00
Others 0.00
Debt 75.28
Mutual Funds N.A
Money Market 21.09
Cash / Call 3.63

View All

Concentration

Holdings (%)
Top 5 26.71
Top 10 40.05
Sector (%)
Top 3 N.A.

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