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.

Category : Ultra Short Duration Fund

Fund House : L&T Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 36.4436 -0.01%
(as on 13th May, 2022)

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Crisil Rank

Very good performance among peers

Fund Size

: ₹ 1896.89 Cr

(1.81% of Investment in Category)

Expense Ratio

: 0.23%

(0.31% Category average)

Risk-O-Meter

Low to Moderate

Ultra Short Duration Fund :Ultra Short Duration Fund : Fund has 95.38% investment in Debt of which 41.42% in Government securities, 53.96% 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.

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3M
6M
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This Scheme

VS

CRISIL 10 Year Gilt Index

-0.01%

-2.65%

-3.41%

-3.43%

0.4%

4.52%

4.66%
NA
0.07%

0.65%

1.73%

4.05%

4.47%

5.96%

6.39%

NA
Gold

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VIP (Value Avg)

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Returns (NAV as on 13th May, 2022)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	06-May-22	10002.70	0.03%	-	0.00%	15/28
1 Month	13-Apr-22	10008.20	0.08%	-	0.07%	9/28
3 Month	11-Feb-22	10074.60	0.75%	-	0.65%	9/28
6 Month	12-Nov-21	10164.50	1.65%	-	1.73%	14/28
YTD	31-Dec-21	10116.60	1.17%	-	1.21%	13/28
1 Year	12-May-21	10342.70	3.43%	3.42%	4.05%	20/28
2 Year	13-May-20	10792.70	7.93%	3.89%	4.47%	19/26
3 Year	13-May-19	11615.10	16.15%	5.11%	5.38%	12/22
5 Year	12-May-17	13450.30	34.50%	6.10%	5.96%	8/17
Since Inception	01-Jan-13	19616.50	96.17%	7.46%	6.39%	8/28

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 13th May, 2022)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	12-May-21	12000	12210.08	1.75 %	3.27 %
2 Year	13-May-20	24000	24869.03	3.62 %	3.47 %
3 Year	13-May-19	36000	38330.03	6.47 %	4.12 %
5 Year	12-May-17	60000	68504.08	14.17 %	5.25 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 30th Apr,2022)

No of Debt Holding 23 (Category Avg - 44.93) | Modified Duration 0.42 Years (Category Avg - 0.42)| Yield to Maturity 4.19% (Category Avg - 4.73%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	0.00%	6.02%
CD	16.77%	19.28%
T-Bills	41.42%	22.14%
NCD & Bonds	13.69%	25.59%
CP	23.50%	21.77%
PTC	0.00%	0.02%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	41.42%	28.16%
Low Risk	53.96%	66.62%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	4.57%
Net Receivables	Net Receivables	0.05%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

No data available. Ratios are only available for the funds which are 3 years old.

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	293.34	0.31	1.33	5.51	11.31	8.26
Nippon India Ultra Short Duration Fund - Direct Plan - Growth	4	4984.69	0.12	0.77	2.04	8.20	5.09
UTI Ultra Short Term Fund - Direct Plan - Growth	3	2506.17	0.04	0.63	1.60	6.43	4.87
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth	4	13266.25	0.11	0.71	1.81	4.13	6.24
IDBI Ultra Short Term Fund - Direct Plan - Growth	1	259.91	0.08	0.65	1.59	4.06	5.76
Axis Ultra Short Term Fund - Direct Plan - Growth	3	7204.66	0.06	0.70	1.74	3.83	5.62
Aditya Birla Sun Life Savings Fund - Direct Plan - Growth	2	16313.77	0.02	0.60	1.66	3.81	5.90
WhiteOak Capital Ultra Short Term Fund - Direct Plan - Growth	NA	25.69	0.12	0.67	1.54	3.79	0.00
Tata Ultra Short Term Fund - Direct Plan - Growth	4	1399.63	0.08	0.66	1.72	3.74	5.19
Mirae Asset Ultra Short Duration Fund - Direct Plan - Growth	NA	298.03	0.13	0.76	1.72	3.67	0.00

Detailed Comparison

More Funds from L&T Mutual Fund

Out of 31 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 8 is/are ranked 3 * , 9 is/are ranked 2 * , and 8 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
L&T Triple Ace Bond Fund - Direct Plan - Growth	2	8680.81	-0.93	-2.03	-1.47	1.62	8.26
L&T Emerging Businesses Fund - Direct Plan - Growth	3	8014.47	-11.44	-7.72	-9.49	26.08	22.67
L&T India Value Fund - Direct Plan - Growth	3	7690.20	-10.87	-8.87	-11.76	13.43	16.09
L&T Midcap Fund - Direct Plan - Growth	2	6568.62	-10.10	-5.96	-13.56	6.63	15.26
L&T Liquid Fund - Direct Plan - Growth	3	5013.01	0.28	0.87	1.76	3.46	4.23
L&T Hybrid Equity Fund - Direct Plan - Growth	2	4832.01	-9.20	-8.75	-12.06	3.67	10.82
L&T Banking and PSU Debt Fund - Direct Plan - Growth	4	4378.00	-1.21	-2.20	-1.23	0.82	6.72
L&T Short Term Bond Fund - Direct Plan - Growth	3	4025.18	-0.73	-0.79	0.13	2.22	6.58
L&T Arbitrage Opportunities Fund - Direct Plan - Growth	2	3521.03	0.33	0.84	1.91	4.20	5.06
L&T Tax Advantage Fund - Direct Plan - Growth	2	3239.36	-12.04	-10.58	-15.14	3.27	11.48