L&T Ultra Short Term Fund (MD)
Fund Family L&T Mutual Fund
Fund Class Ultra Short Term Debt
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Investment Info
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Good performance in the category
The scheme is ranked 2 in Ultra Short Term Debt category by Crisil. 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
Returns (NAV as on May-25-2012)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | 0.7 | 32 |
| 3 mth | 2.4 | 25 |
| 6 mth | 4.8 | 13 |
| 1 year | 9.6 | 15 |
| 2 year | 8.2 | 18 |
| 3 year | 7.0 | 17 |
| 5 year | 7.5 | 14 |
# Moneycontrol Rank within 71 Ultra Short Term Debt Schemes.
Absolute Returns (in %)
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2012 | 0.3 | - | - | - | - |
| 2011 | 0.4 | 0.2 | 0.2 | 0.1 | 1.2 |
| 2010 | 0.1 | - | 0.1 | 0.2 | 0.5 |
| 2009 | 0.4 | 0.1 | - | - | 0.6 |
| 2008 | -0.2 | 0.6 | 0.9 | 0.8 | 2.2 |
| 2007 | -0.3 | 2.1 | -0.5 | -0.2 | 0.6 |
* Returns over 1 year are Annualised
Performance
Fund returns v/s Category average (Ultra Short Term Debt)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | 0.7 | 2.4 | 4.8 | 9.6 | 8.2 | 7.0 | 7.5 |
| Category avg | 0.7 | 2.2 | 4.3 | 8.6 | 7.1 | 5.1 | 4.1 |
| Difference of Fund returns and Category returns | 0.0 | 0.2 | 0.5 | 1.0 | 1.1 | 1.9 | 3.4 |
| Best of category | 1.2 | 2.7 | 5.1 | 10.3 | 9.1 | 8.2 | 8.4 |
| Worst of category | 0.3 | 1.6 | 3.5 | 7.1 | 5.8 | 4.9 | 6.4 |
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 | Nov 27, 1997 |
| Benchmark | CRISIL Liquid Fund |
| Asset Size (Rs cr) | 295.34 (Mar-31-2012) |
| Minimum Investment | Rs.5000 |
| Last Dividend | Rs.0.08 (Apr-25-2012) |
| Bonus | N.A. |
| Fund Manager | Bekxy Kuriakose View performance of schemes managed by the Fund Manager |
| Notes | 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 | World Trade Centre, Centre 1, 27th Floor, Unit 1, Cuffe Parede, Mumbai , 400 005 |
|---|---|
| Tel. No. | 022 - 61366600 |
| Fax No. | 022-61366603/ 04 |
| ltmf@lntmf.com | |
| Website | www.lntmf.com |
Peer Comparison
| Ultra Short Term Debt | Crisil Rank | Assets (Rs.cr) |
|||||
| 3mth (%) | 6mth (%) | 1yr (%) | 3yr (%) | 5yr (%) | |||
| Kotak Floater LTP (G) | Rank 4 |
3,082.07 | 2.3 | 4.6 | 9.5 | 7.3 | 7.9 |
| Tata Floater Fund (G) | Rank 2 |
3,086.40 | 2.4 | 4.8 | 9.7 | 7.3 | 7.8 |
| Templeton USBF - RP (G) | Rank 4 |
495.75 | 2.5 | 4.8 | 9.6 | 7.1 | -- |
| DSP-BR Money Manager -RP (G) | Rank 2 |
562.55 | 2.3 | 4.4 | 8.9 | 6.4 | 7.0 |
| Kotak Flexi Debt (G) | Rank 4 |
182.80 | 2.1 | 4.3 | 8.9 | 6.4 | 7.2 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (Apr 30, 12)
| Money Market | Rating | Value (Rs cr) |
Asset % |
|---|---|---|---|
| MONEY MARKET INSTRUMENTS | - | 88.24 | |
| Central Bank of India | CA_A1+ | - | 13.51 |
| Indian Overseas Bank | IC_A1+ | - | 8.35 |
| Canara Bank | CRA1+ | - | 8.23 |
| IDBI Bank Ltd. | A1+ | - | 4.20 |
| ING Vysya Bank Ltd. | CRA1+ | - | 4.19 |
| Kotak Mahindra Prime Ltd | CRA1+ | - | 4.18 |
| UCO Bank | CRA1+ | - | 4.18 |
| Allahabad Bank | CRA1+ | - | 4.18 |
| Punjab National Bank | CA_A1+ | - | 4.17 |
Asset Allocation (%)(Apr 30, 12)
| Equity | 0.00 |
| Others | 0.00 |
| Debt | 8.42 |
| Mutual Funds | N.A |
| Money Market | 88.24 |
| Cash / Call | 3.34 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 122.53 |
| Top 10 | 143.43 |
| Sector | (%) |
|---|---|
| Top 3 | N.A. |
News & Videos
News
CEO exodus leaves MF sector in quandry
It is no hidden fact that the mutual fund industry is going through a difficult phase and recent res ...
Apr 16, 2012 at 21:49 | Source: CNBC-TV18
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What Next for Investors of Fidelity Mutual Fund Schemes
L&T Mutual fund has agreed to buy out Fidelity AMC. The question which has been bothering Fidelity i ...
Apr 04, 2012 at 17:46 | Source: Moneycontrol.com
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L&T Mutual Fund announces change in key personnel
L&T Mutual Fund has recruited key personnel for Vice President and Fund managers designation.
Mar 29, 2012 at 13:36 | Source: Moneycontrol.com
Videos
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Oct 25, 2011
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Oct 25, 2011
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Oct 25, 2011
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