L&T Ultra Short Term Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Low to Moderate Risk|
|Fund Type||Ultra Short Duration|
More about this fund
|8.79% Govt Stock 2021||14.48%|
|91 DTB 11062021||10.13%|
|8.20% Govt Stock 2022||9.5%|
|National Highways Authority of India||4.72%|
|Small Industries Development Bank of India||4.12%|
|Kotak Mahindra Prime Limited||3.65%|
|Small Industries Development Bank of India||2.44%|
|Reliance Jio Infocomm Limited||1.95%|
|Reliance Jio Infocomm Limited||0.49%|
About L&T Ultra Short Term Fund - Direct Plan - Growth
The main objective of the scheme is to generate stable and consistent returns by investing in the securities rated AA and above. The scheme invests in government and corporate-issued securities.
Pros and Cons of L&T Ultra Short Term Fund - Direct Plan - Growth
The most significant advantage of investing in this fund is that you gain exposure to a portfolio constituted of securities rated AA and above issued by government and corporates. Since the fund invests mostly in high-rated securities and has minimal exposure towards equities, the returns can be restricted.
Fund Information and Statistics
i) Inception/Launch Date
L&T Ultra Short Term Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T Ultra Short Term Fund - Direct Plan - Growth is clubbed under the ‘moderately low risk’ class of mutual funds.
Since L&T Ultra Short Term Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can redeem your investment at any time.
iv) Fund Manager
L&T Ultra Short Term Fund - Direct Plan - Growth is currently being managed by Mr Shriram Ramanathan and Mr Jalpan Shah.
v) Entry/Exit load
The fund does not come with any exit load in order to facilitate redemptions at any time. Thre is no entry load as per the regulations of SEBI.
About L&T Mutual Fund
L&T Mutual Fund entered the Indian mutual fund fore in the year 1996 when it officially registered with the Indian securities market watchdog with L&T Mutual Fund Trustee Limited as its trustee and L&T Finance Holdings Limited as its sponsor. The fund house’s AUM touched Rs 58,361.93 crore as of June 2020.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns