L&T Ultra Short Term Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

This scheme closed on 25-11-2022 & the data you are seeing is not latest data.

No of Debt Holding 23 (Category Avg - 63.84) | Modified Duration 0.28 Years (Category Avg - 0.42)| Yield to Maturity 6.92% (Category Avg - 6.38%)

Portfolio Summary (as on 31st Oct,2022)

Security Type	% Weight	Category Average
GOI	5.04%	3.13%
CD	49.60%	33.23%
T-Bills	16.37%	7.37%
CP	3.25%	9.20%
NCD & Bonds	24.04%	39.42%
PTC	0.00%	1.02%

Category - Ultra Short Duration Fund

Security Type	% Weight	Category Average
Government Backed	21.41%	10.50%
Low Risk	76.89%	82.86%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Ultra Short Duration Fund

Debt holding in Portfolio (as on 31st Oct,2022)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Housing Development Finance Corporation Ltd.	NCD & Bonds	Housing finance	AAA	CRISIL	1310.31	8.71%	1.25 k
Bond - Bank Of Baroda	CD	Banks	F1+	FITCH	1102.98	7.33%	2.25 k
Bond - T-Bill	T-Bills	Other			990.24	6.58%	1.00 Cr
Bond - Axis Bank Ltd.	CD	Banks	P1+	CRISIL	980.97	6.52%	2.00 k
Bond - T-Bill	T-Bills	Other			977.48	6.50%	1.00 Cr
Bond - Small Industries Development Bank Of India	CD	Financial institution	PR1+	CARE	973.34	6.47%	2.00 k
Bond - Reliance Industries Ltd.	NCD & Bonds	Refineries/marketing	AAA	CRISIL	781.48	5.19%	750.00
Bond - Govt of India	GOI	Other			759.07	5.04%	74.00 L
Bond - Power Grid Corporation of India Ltd.	NCD & Bonds	Power- transmission	AAA	CRISIL	742.46	4.93%	700.00
Bond - Kotak Mahindra Bank Ltd.	CD	Banks	P1+	CRISIL	735.31	4.89%	1.50 k
Bond - HDFC Bank Ltd.	CD	Banks	A1+	ICRA	732.31	4.87%	1.50 k
Bond - T-Bill	T-Bills	Other			495.71	3.29%	50.00 L
Bond - LIC Housing Finance Ltd.	CP	Housing finance	P1+	CRISIL	489.10	3.25%	1.00 k
Bond - Canara Bank	CD	Banks	P1+	CRISIL	489.55	3.25%	1.00 k
Bond - Canara Bank	CD	Banks	P1+	CRISIL	488.56	3.25%	1.00 k
Bond - Small Industries Development Bank Of India	CD	Financial institution	PR1+	CARE	488.50	3.25%	1.00 k
Bond - Export Import Bank Of India	CD	Financial institution	P1+	CRISIL	487.26	3.24%	1.00 k
Bond - Bajaj Finance Ltd.	NCD & Bonds	Nbfc	AAA	CRISIL	472.38	3.14%	450.00
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	312.14	2.07%	300.00
Bond - Axis Bank Ltd.	CD	Banks	P1+	CRISIL	247.44	1.64%	500.00
Bond - Kotak Mahindra Bank Ltd.	CD	Banks	P1+	CRISIL	244.92	1.63%	500.00
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	P1+	CRISIL	245.32	1.63%	500.00
Bond - National Bank for Agriculture & Rural Development	CD	Financial institution	F1+	FITCH	245.05	1.63%	500.00