L&T Ultra Short Term Fund Direct Plan Growth - Latest NAV ₹35.1414, Returns, Performance & Portfolio

L&T Ultra Short Term Fund Direct Plan Growth

  • highlight
    7.11%
  • highlight
    35.1414

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.31 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.11%
3 Years6.71%
1 Year4.92%
6 Months1.71%
Fund Details
ISININF917K01HS2
RiskLow to Moderate Risk
Fund TypeUltra Short Duration
NAV35.1414
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.79% Govt Stock 202114.48%
91 DTB 1106202110.13%
8.20% Govt Stock 20229.5%
National Highways Authority of India4.72%
Small Industries Development Bank of India4.12%
Kotak Mahindra Prime Limited3.65%
Small Industries Development Bank of India2.44%
Reliance Jio Infocomm Limited1.95%
Reliance Jio Infocomm Limited0.49%

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.

iii) Redemption

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.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.31 Lakhs in a period of 20 years
Low to Moderate Risk

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