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

  • Regular
  • Direct
Category : Ultra Short Duration Fund
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 34.9582 0.02%
    (as on 24th February, 2021)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Low to Moderate

Fund has 96.4% investment in Debt of which 23.32% in Government securities, 73.08% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 23rd February, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-Feb-21 10008.40 0.08% - 0.07% 6/29
1 Month 22-Jan-21 10031.40 0.31% - 0.35% 17/29
3 Month 23-Nov-20 10074.30 0.74% - 0.86% 22/29
6 Month 21-Aug-20 10174.60 1.75% - 1.35% 23/29
YTD 01-Jan-21 10041.60 0.42% - 0.50% 17/29
1 Year 20-Feb-20 10535.90 5.36% 5.30% 4.42% 11/29
2 Year 22-Feb-19 11333.80 13.34% 6.44% 6.33% 12/23
3 Year 23-Feb-18 12248.90 22.49% 6.99% 6.41% 8/18
5 Year 23-Feb-16 14262.70 42.63% 7.35% 7.00% 9/18
Since Inception 01-Jan-13 18813.30 88.13% 8.06% 5.82% 8/30

SIP Returns (NAV as on 23rd February, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 20-Feb-20 12000 12282.72 2.36 % 4.35 %
2 Year 22-Feb-19 24000 25401.74 5.84 % 5.53 %
3 Year 23-Feb-18 36000 39604.15 10.01 % 6.27 %
5 Year 23-Feb-16 60000 71224.81 18.71 % 6.78 %
 

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

No of Debt Holding 30 (Category Avg - 38.57) | Modified Duration 0.35 Years (Category Avg - 0.32)| Yield to Maturity 3.72% (Category Avg - 4.06%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 0.00% 3.69%
CD 29.35% 10.64%
T-Bills 23.32% 17.88%
NCD & Bonds 16.51% 22.82%
CP 26.75% 24.72%
PTC 0.47% 0.45%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 23.32% 21.57%
Low Risk 73.08% 55.77%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 3.46%
Net Receivables Net Receivables 0.14%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th January, 2021)

  • Standard Deviation

    Low volatility
    1.27vs1.67
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    4.01vs1.42
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.56vs-1.02
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Franklin India Ultra Short Bond Fund - Super Institutional - Direct - Growth 1 10220.13 0.50 1.55 3.54 8.14 7.44
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth 2 8494.68 0.47 1.04 2.69 6.49 7.95
Aditya Birla Sun Life Savings Fund - Direct Plan - Growth 4 16118.46 0.30 0.75 2.25 6.33 7.63
HDFC Ultra Short Term Fund - Direct Plan - Growth 3 18196.00 0.35 0.82 2.16 6.21 0.00
UTI Ultra Short Term Fund - Direct Plan - Growth 2 2136.00 0.38 0.99 2.34 5.72 5.62
Kotak Savings Fund - Direct Plan - Growth 4 12325.64 0.34 0.78 2.01 5.70 7.27
Mahindra Manulife Ultra Short Term Fund - Direct Plan - Growth NA 233.72 0.32 0.76 1.96 5.66 0.00
Axis Ultra Short Term Fund - Direct Plan - Growth 3 5056.24 0.40 0.95 2.36 5.65 0.00
PGIM India Ultra Short Term Fund - Direct Plan - Growth 2 330.42 0.38 0.87 2.07 5.64 9.14
SBI Magnum Ultra Short Duration Fund - Direct Plan - Growth 3 11019.17 0.34 0.77 1.93 5.47 7.20

More Funds from L&T Mutual Fund

Out of 36 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 5 is/are ranked 4 * , 9 is/are ranked 3 * , 4 is/are ranked 2 * , and 14 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Liquid Fund - Direct Plan - Growth 5 7393.62 0.29 0.76 1.58 3.94 5.91
L&T Triple Ace Bond Fund - Direct Plan - Growth 5 6783.23 -1.87 -1.50 1.54 7.14 9.71
L&T India Value Fund - Direct Plan - Growth 3 6312.88 5.23 16.62 29.48 21.84 7.25
L&T Midcap Fund - Direct Plan - Growth 2 5881.65 5.48 14.44 26.34 19.66 6.92
L&T Banking and PSU Debt Fund - Direct Plan - Growth 5 5485.65 -0.39 -0.28 2.25 7.62 8.63
L&T Emerging Businesses Fund - Direct Plan - Growth 2 5348.52 7.00 20.14 34.19 25.20 2.86
L&T Hybrid Equity Fund - Direct Plan - Growth 3 5340.55 3.00 10.12 21.34 17.35 8.62
L&T Short Term Bond Fund - Direct Plan - Growth 4 5022.97 -0.28 -0.16 2.10 7.71 8.57
L&T Tax Advantage Fund - Direct Plan - Growth 3 3264.60 3.21 12.31 25.84 17.21 6.49
L&T Arbitrage Opportunities Fund - Direct Plan - Growth 5 3045.87 0.36 1.02 2.10 4.86 6.01

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