L&T Ultra Short Term Fundᵟ

Data as on February 28, 2019


L&T Ultra Short Term Fundᵟ

Data as on February 28, 2019


Fund Details

NAV of Plans/Options
(as on February 28, 2019)

Rs
Daily Dividend
10.2571
Weekly Dividend
11.0264
Monthly Dividend
12.8186
Semi Annual Dividend
22.8947
Growth
30.2800
Bonus
16.5163
Regular Growth
29.1381
Daily Dividend - Direct Plan
10.4430
Weekly Dividend - Direct Plan
11.1943
Monthly Dividend - Direct Plan
13.0139
Growth - Direct Plan
30.8716
Bonus - Direct Plan
16.8483
Date of Inception :
RegularApril 10, 2003
Direct Plan January 01, 2013
Total Expense Ratio+ : 0.52% (Regular)
0.22% (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)1,553.67
Month end AUM(Rs In Crs)1,996.66

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Indian Railway Finance Corporation Limited CRISIL AAA 5.01%
Housing Development Finance Corporation Limited CRISIL AAA 5.00%
Rec Limited CRISIL AAA 3.75%
Kotak Mahindra Prime Limited CRISIL AAA 3.75%
National Bank for Agriculture & Rural Development CRISIL AAA 2.50%
Gruh Finance Limited CRISIL AAA 2.50%
Mahindra & Mahindra Financial Services Limited IND AAA 2.50%
Tata Sons Limited CRISIL AAA 0.50%
Tata Capital Financial Services Limited ICRA AAA 0.50%
National Housing Bank CRISIL AAA 0.25%
Total 26.26%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Punjab National Bank CARE A1+ 4.93%
Reliance Retail Limited CRISIL A1+ 4.93%
ICICI Securities Primary Dealership Limited CRISIL A1+ 4.92%
ICICI Bank Limited CRISIL A1+ 4.90%
IDFC First Bank Limited ICRA A1+ 4.85%
Axis Bank Limited CRISIL A1+ 4.76%
Small Industries Development Bank of India CARE A1+ 4.72%
Bank of Baroda CARE A1+ 3.70%
Name Of Instrument
Rating/Industry
% to Net
Assets

HDB Financial Services Limited CRISIL A1+ 2.95%
Reliance Industries Limited CRISIL A1+ 2.46%
Vijaya Bank CARE A1+ 2.46%
Tata Capital Financial Services Limited CRISIL A1+ 2.46%
Kotak Mahindra Prime Limited CRISIL A1+ 2.39%
Kotak Mahindra Bank Limited CRISIL A1+ 2.36%
HDFC Bank Limited IND A1+ 2.34%
Indusind Bank Limited CRISIL A1+ 2.89%
National Bank for Agricultural & Rural Development CRISIL A1+ 2.33%
Indusind Bank CRISIL A1+ 2.32%
JSW Steel Limited ICRA A1+ 1.23%
National Bank for Agriculture & Rural Development ICRA A1+ 1.22%
JSW Steel Limited CARE A1+ 1.21%
ICICI Bank Limited ICRA A1+ 0.05%
Total 66.38%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd) ICRA AAA(SO) 3.20%
Total 3.20%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 6.03%
Net Receivable/Payable -1.87%
Grand Total 100.00%
Average Maturity 0.36 years
Modified Duration 0.34 years
YTM 7.60%


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
ᵟ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018.
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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