L&T Ultra Short Term Fund

Data as on September 30, 2019


L&T Ultra Short Term Fund

Data as on September 30, 2019


Fund Details

NAV of Plans/Options
(as on September 30, 2019)

Rs
Daily Dividend
10.2784
Weekly Dividend
11.1116
Monthly Dividend
12.8954
Semi Annual Dividend
23.9603
Growth
31.6893
Bonus
17.2852
Regular Growth
30.4943
Daily Dividend - Direct Plan
10.4647
Weekly Dividend - Direct Plan
11.2842
Monthly Dividend - Direct Plan
13.1233
Growth - Direct Plan
32.3652
Bonus - Direct Plan
17.6790
Date of Inception :
RegularApril 10, 2003
Direct Plan January 01, 2013
Total Expense Ratio+ : 0.53% (Regular)
0.23% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend (Reinvestment and Payout)
1. Weekly Dividend
2. Monthly Dividend
3. Semi- annual Dividend
• Daily Dividend Reinvestment Plan
Minimum Application size
(Initial)
Growth/Weekly Dividend/Monthly Dividend/Semi-Annual Dividend:
Rs 10,000 per application and in multiples of Rs 1 thereafter; Daily
Dividend Reinvestment Plan:
Rs 1,00,000 per application and in multiples of Rs 1 thereafter.
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption Size Regular Plan: Rs 500/- per application or 50 units
Weekly Dividend/Monthly Dividend/ Semi Annual Dividend/ Growth/ Bonus DDRIP: Rs 500 per application or 50 Units
Fund ManagerMr. Jalpan Shah and Mr. Vikas Garg (w.e.f. April 03, 2017)
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs) 2,533.04
Month end AUM(Rs In Crs) 2,462.25

Portfolio Allocation
Name Of Instrument
Rating/Industry
% to Net Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Bank of Baroda CARE A1+ 8.82%
Reliance Industries Limited CRISIL A1+ 6.94%
HDFC Bank Limited CARE A1+ 5.94%
ICICI Bank Limited CRISIL A1+ 5.94%
Export Import Bank Of India CRISIL A1+ 5.93%
National Bank for Agriculture & Rural Development CRISIL A1+ 5.93%
Axis Bank Limited CRISIL A1+ 4.95%
Kotak Mahindra Prime Limited CRISIL A1+ 3.99%
Indusind Bank Limited CRISIL A1+ 3.98%
HDB Financial Services Limited CRISIL A1+ 3.96%
Sundaram Finance Limited CRISIL A1+ 3.95%
HDFC Bank Limited IND A1+ 3.93%
Housing Development Finance Corporation Limited CRISIL A1+ 3.82%
Housing Development Finance Corporation Limited ICRA A1+ 2.97%
Small Industries Development Bank of India CARE A1+ 2.97%
National Bank for Agriculture & Rural Development ICRA A1+ 1.98%
Indian Bank IND A1+ 1.95%
Name Of Instrument
Rating/Industry
% to Net
Assets

ICICI Bank Limited ICRA A1+ 1.91%
Kotak Mahindra Bank Limited CRISIL A1+ 1.91%
Rec Limited CARE A1+ 1.00%
Total 82.77%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Housing Bank CARE AAA 6.74%
Power Grid Corporation of India Limited CRISIL AAA 4.08%
Housing Development Finance Corporation Limited CRISIL AAA 2.04%
Power Finance Corporation Limited CRISIL AAA 2.04%
Rec Limited CRISIL AAA 1.02%
Total 15.92%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 0.84%
Net Receivable/Payable 0.47%
Net Assets 100.00%
Average Maturity 0.48 years
Modified Duration 0.45 years
YTM 6.06%


Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective:To generate reasonable and stable income and provide liquidity to the unit holder. To achieve this objective the scheme will invest predominantly in a well diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The scheme will not invest in equities or equity related instruments
Exit Load: Nil
For details of expenses charged to Regular Plan (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website www.ltfs.com
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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