L&T Ultra Short Term Fund

Data as on December 29, 2017


L&T Ultra Short Term Fund

Data as on December 29, 2017


Fund Details

NAV of Plans/Options
(as on December 29, 2017)

Rs
Daily Dividend 10.2568
Weekly Dividend 10.8960
Monthly Dividend 12.6993
Semi Annual Dividend 21.0562
Growth 27.8484
Bonus 15.1902
Regular Growth 26.7983
Daily Dividend - Direct Plan 10.4390
Weekly Dividend - Direct Plan 11.0554
Monthly Dividend - Direct Plan 12.8304
Growth - Direct Plan 28.2811
Bonus - Direct Plan 15.4262
Date of Inception :
RegularApril 10, 2003
Direct Plan January 01, 2013
Expense Ratio+ :0.52% (Regular)
0.22% (Direct)
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)2,836.50
Month end AUM(Rs In Crs)2,485.55

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
National Bank for Agriculture & Rural
Development CRISIL AAA 10.87%
Indian Railway Finance Corporation
Limited CRISIL AAA 10.44%
Housing Development Finance
Corporation Limited CRISIL AAA 6.03%
Power Finance Corporation Limited CRISIL AAA 5.45%
Cholamandalam Investment and
Finance Company Limited ICRA AA 4.44%
Reliance JIO Infocomm Limited CRISIL AAA 4.25%
Citicorp Finance (India) Limited ICRA AAA 4.02%
Mahindra & Mahindra Financial
Services Limited IND AAA 3.84%
Export-Import Bank of India CRISIL AAA 2.71%
Rural Electrification Corporation
Limited CRISIL AAA 2.43%
Dewan Housing Finance Corporation
Limited CARE AAA 2.02%
Bajaj Finance Limited IND AAA 2.02%
LIC Housing Finance Limited CRISIL AAA 2.01%
Ultratech Cement Limited CRISIL AAA 2.01%
HDB Financial Services Limited CRISIL AAA 2.01%
Powerlinks Transmission Limited CRISIL AAA 2.01%
Sundaram Finance Limited ICRA AAA 2.01%
Small Industries Development Bank
of India CARE AAA 1.02%
Name Of Instrument Rating/Industry % to Net
Assets

HDB Financial Services Limited CARE AAA 1.00%
Power Grid Corporation of India
Limited CRISIL AAA 0.65%
IDFC Bank Limited ICRA AAA 0.40%
Aditya Birla Nuvo Limited ICRA AAA 0.19%
Total 71.83%

MONEY MARKET INSTRUMENTS
Commercial Paper/Certificate of Deposit
Axis Bank Limited CRISIL A1 + 5.84%
IndusInd Bank Limited CRISIL A1 + 3.91%
Kotak Mahindra Bank Limited CRISIL A1 + 3.90%
HDFC Bank Limited IND A1+ 3.71%
Kotak Mahindra Investments Limited CRISIL A1 + 2.92%
JM Financial Products Limited CARE A1+ 2.92%
Power Finance Corporation Limited CARE A1+ 1.96%
ICICI Bank Limited ICRA A1+ 1.95%
Total 27.11%

Others
CBLO/Reverse Repo 6.35%
Net Receivables/(Payables) -5.29%

Net Assets 100.00%

Average Maturity 0.60 years

Modified Duration 0.52 years

YTM 7.32%

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
National Bank for Agriculture & Rural
Development CRISIL AAA 10.87%
Indian Railway Finance Corporation
Limited CRISIL AAA 10.44%
Housing Development Finance
Corporation Limited CRISIL AAA 6.03%
Power Finance Corporation Limited CRISIL AAA 5.45%
Cholamandalam Investment and
Finance Company Limited ICRA AA 4.44%
Reliance JIO Infocomm Limited CRISIL AAA 4.25%
Citicorp Finance (India) Limited ICRA AAA 4.02%
Mahindra & Mahindra Financial
Services Limited IND AAA 3.84%
Export-Import Bank of India CRISIL AAA 2.71%
Rural Electrification Corporation
Limited CRISIL AAA 2.43%
Dewan Housing Finance Corporation
Limited CARE AAA 2.02%
Bajaj Finance Limited IND AAA 2.02%
LIC Housing Finance Limited CRISIL AAA 2.01%
Ultratech Cement Limited CRISIL AAA 2.01%
HDB Financial Services Limited CRISIL AAA 2.01%
Powerlinks Transmission Limited CRISIL AAA 2.01%
Sundaram Finance Limited ICRA AAA 2.01%
Small Industries Development Bank
of India CARE AAA 1.02%
HDB Financial Services Limited CARE AAA 1.00%
Power Grid Corporation of India
Limited CRISIL AAA 0.65%
IDFC Bank Limited ICRA AAA 0.40%
Aditya Birla Nuvo Limited ICRA AAA 0.19%
Total 71.83%

MONEY MARKET INSTRUMENTS
Commercial Paper/Certificate of Deposit
Axis Bank Limited CRISIL A1 + 5.84%
IndusInd Bank Limited CRISIL A1 + 3.91%
Kotak Mahindra Bank Limited CRISIL A1 + 3.90%
HDFC Bank Limited IND A1+ 3.71%
Kotak Mahindra Investments Limited CRISIL A1 + 2.92%
JM Financial Products Limited CARE A1+ 2.92%
Power Finance Corporation Limited CARE A1+ 1.96%
ICICI Bank Limited ICRA A1+ 1.95%
Total 27.11%

Others
CBLO/Reverse Repo 6.35%
Net Receivables/(Payables) -5.29%

Net Assets 100.00%

Average Maturity 0.60 years

Modified Duration 0.52 years

YTM 7.32%





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.

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.lntmf.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'