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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹10000

AUM (Fund size)

₹1,487 Cr

Lock In Period

N/A

Expense Ratio

0.39

Benchmark

NIFTY Ultra Short Duration Debt Index

Exit Load

Nil

Summary

Latest details for L&T Ultra Short Term Fund Growth include a ₹36.4526 NAV as of Nov 25,2022 and returns since inception of 13.81%. Minimum investments start at SIP ₹1000. The L&T Ultra Short Term Fund Growth AUM is ₹1,487 Cr, with a lock-in of N/A years, expense ratio of 0.39%, and benchmark NIFTY Ultra Short Duration Debt Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.57% returns, against a category average of 1.44% and a category best of 265.31%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.571.44265.31
6M2.601.68195.09
1Y4.224.89195.09
3Y4.4113.5431.95

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2022-11-15
View allocation % by

1. 6.99% Housing Development Finance Corporation Limited 13-02-20238.84%
2. Bank of Baroda 14-02-20237.44%
3. 182 DAY T-BILL 29-12-20226.68%
4. 364 DAY T-BILL 09-03-20236.59%
5. Small Industries Development Bank of India 23-03-20236.57%
6. 6.95% RELIANCE INDUSTRIES 15-03-20235.27%
7. AXIS Bank Limited 10-02-20234.96%
8. Kotak Mahindra Bank Limited 13-02-20234.96%
9. HDFC Bank Limited 06-03-20234.94%
10. 182 DAY T-BILL 22-12-20223.34%
11. LIC Housing Finance Limited 22-02-20233.30%
12. 182 DAY T-BILL 02-03-20233.30%
13. Canara Bank 02-03-20233.30%
14. Canara Bank 20-02-20233.30%
15. Small Industries Development Bank of India 03-03-20233.30%
16. Export Import Bank of India 17-03-20233.29%
17. Axis Bank Limited 20-06-20233.22%
18. 7.10% Bajaj Finance Limited 10-02-20233.19%
19. 7.12% Rec Limited 31-03-20232.11%
20. Tri Party Repo Dealing System (TREPS)/Reverse Repo1.89%
21. National Bank for Agriculture & Rural Development 08-02-20231.66%
22. Kotak Mahindra Bank Limited 17-02-20231.65%
23. National Bank for Agriculture & Rural Development 14-02-20231.65%
24. 06.84% GOI 19-12-20220.28%
25. Net Receivables / (Payables)-0.04%

1. 8.80% Power Grid Corporation of India Limited 13-03-20235.01%

About Fund

L&T Ultra Short Term Fund Growth managed by L&T Mutual Fund,is a Ultra Short Term Planscheme with Assets Under Management of ₹1,487 Crore. The fund benchmarks its performance against the NIFTY Ultra Short Duration Debt Index while maintaining an expense ratio of 0.39. Under the expert guidance of Jalpan Shah ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Jalpan Shah

Mr. Jalpan Shah holds B.E. (Mechanical), PGDM. His prior Assignments are FIL Fund Management Private Ltd. as Research Associate from December 2007 till November 2012. Lotus India Asset Management Co. Pvt. Ltd as Research Analyst from September 2007 to November 2007. UTI Asset Management Co. Pvt. Ltd. from May 2004 till August 2007.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundJM Ultra Short Duration Fund Growth034.57 CR0.97
This FundL&T Ultra Short Term Fund Growth21486.65 CR0.39
This FundFranklin India Ultra Short Bond Fund - Institutional Plan Growth0296.53 CR0.66
This FundFranklin India Ultra Short Bond Fund - Super Institutional Growth0296.53 CR0.52
Fund Name1Y3Y
This FundJM Ultra Short Duration Fund Growth5.338813.2581
This FundL&T Ultra Short Term Fund Growth4.204313.8323
This FundFranklin India Ultra Short Bond Fund - Institutional Plan Growth13.688828.4789
This FundFranklin India Ultra Short Bond Fund - Super Institutional Growth13.688628.6768

FAQs

L&T Ultra Short Term Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of L&T Ultra Short Term Fund Growth is 0.39. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

L&T Ultra Short Term Fund Growth’s fund performance is as follows:
  • 1 Month : 0.57%
  • 6 Months : 2.60%
  • 1 Year : 4.22%
  • 3 Years : 4.41%
Returns of L&T Ultra Short Term Fund Growth are updated daily based on NAV of ₹ 36.4526 as on Nov 25,2022. Since inception, the return has been 13.81%.

You can invest in L&T Ultra Short Term Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of L&T Ultra Short Term Fund Growth is ₹1,487 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in L&T Ultra Short Term Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500