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L&T Ultra Short Term Fund (G) SET SMS ALERT

21.406
0 (0.02%)
NAV as on Aug-01-2014

Fund Family L&T Mutual Fund

Fund Class Ultra Short Term Debt

ranking by CRISIL

Average performance in the category

The scheme is ranked 3 in Ultra Short Term Debt category by Crisil (for quarter ended Mar 2014) down from Rank 2 last quarter. If you are already invested in this scheme, you may consider switching to a better performing scheme.

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 Aug-01-2014)

Period Returns (%) Rank #
1 mth 0.6 106
3 mth 2.2 128
6 mth 4.6 84
1 year 10.2 53
2 year 9.3 19
3 year 9.5 20
5 year 8.3 14

# Moneycontrol Rank within 208 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 2.3 2.2 - - -
2013 2.0 2.0 2.1 2.4 9.4
2012 2.4 2.4 2.2 2.0 9.6
2011 2.0 2.1 2.2 2.3 9.3
2010 1.1 1.2 1.2 1.8 5.5
2009 1.8 1.4 1.2 1.2 5.7

View where it stands within its peers

* Returns over 1 year are Annualised

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 2.2 4.6 10.2 9.3 9.5 8.3
Category avg 0.6 2.1 4.2 8.8 5.0 5.0 3.7
Difference of Fund returns and Category returns 0.0 0.1 0.4 1.4 4.3 4.5 4.6
Best of category 0.8 3.4 5.8 11.6 10.0 10.1 9.0
Worst of category 0.2 -0.2 0.1 1.0 6.6 -5.1 -1.1
L&T Ultra Short Term Fund (G) Review by Crisil - Rating: 3 (Rank 3 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 Growth
Launch date Apr 10, 2003
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 252.85 (Jun-30-2014)
Minimum Investment Rs.1000000
Last Dividend N.A.
Bonus N.A.
Fund Manager Vikram Chopra / Jaipan 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 (%)
HDFC CMF-Treasury Advan. - RP (G) Rank 3
8,334.33 2.0 4.2 9.2 8.5 7.6
Reliance Money Mgr - IP (G) Rank 1
5,330.04 2.2 4.5 10.0 9.5 8.3
ICICI Pru Flexi Income (G) Rank 1
5,453.07 2.3 4.7 10.3 9.6 8.3
UTI Treasury Advantage -Direct (G) Not Ranked
3,206.98 2.2 4.6 10.2 -- --
ICICI Pru Flexi Income -Direct (G) Not Ranked
4,027.69 2.3 4.8 10.4 -- --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jun 30, 14)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments - CP,CD 312.80 78.73
Punjab National Bank CARE A1+ 45.57 11.47
Bank of Baroda CRISIL A1 + 15.89 4.00
Central Bank Of India CRISIL A1 + 15.89 4.00
Aditya Birla Finance Limited ICRA A1+ 15.85 3.99
Union Bank of India CRISIL A1 + 15.81 3.98
Syndicate Bank CARE A1+ 15.81 3.98
Ultratech Cement Limited CRISIL A1 + 15.81 3.98
State Bank of Mysore ICRA A1+ 15.77 3.97
Bank of India CRISIL A1 + 15.02 3.78

Full Portfolio

Sector Allocation (Jun 30, 14)

Sector %

1-Year

HighLow

No Sector Data Available

View All Sectors

Asset Allocation (%)(Jun 30, 14)

Equity 0.00
Others 0.00
Debt 20.67
Mutual Funds N.A
Money Market 79.59
Cash / Call -0.26

View All

Concentration

Holdings (%)
Top 5 102.19
Top 10 121.88
Sector (%)
Top 3 N.A.

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