L&T Ultra Short Term Fundᵟ

Data as on June 29, 2018


L&T Ultra Short Term Fundᵟ

Data as on June 29, 2018


Fund Details

NAV of Plans/Options
(as on June 29, 2018)

Rs
Daily Dividend 10.2568
Weekly Dividend 10.9655
Monthly Dividend 12.7323
Semi Annual Dividend 21.7671
Growth 28.7886
Bonus 15.7028
Regular Growth 27.7030
Daily Dividend - Direct Plan 10.4390
Weekly Dividend - Direct Plan 11.1292
Monthly Dividend - Direct Plan 12.8906
Growth - Direct Plan 29.2873
Bonus - Direct Plan 15.9751
Date of Inception :
RegularApril 10, 2003
Direct Plan January 01, 2013
Expense Ratio+ :0.50% (Regular)
0.20% (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)2,271.02
Month end AUM(Rs In Crs)1,825.10

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 5.48%
Kotak Mahindra Prime Limited CRISIL AAA 4.07%
National Bank for Agriculture & Rural Development CRISIL AAA 2.74%
Sundaram Finance Limited ICRA AAA 2.73%
Power Finance Corporation Limited CRISIL AAA 1.41%
LIC Housing Finance Limited CRISIL AAA 1.37%
HDB Financial Services Limited CRISIL AAA 1.37%
HDB Financial Services Limited CARE AAA 1.36%
Housing Development Finance Corporation Limited CRISIL AAA 1.36%
Power Grid Corporation of India Limited CRISIL AAA 0.88%
Export-Import Bank of India CRISIL AAA 0.55%
Bajaj Finance Limited IND AAA 0.55%
Small Industries Development Bank of India CARE AAA 0.27%
Powerlinks Transmission Limited CRISIL AAA 0.27%
Total 24.41%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Axis Bank Limited CRISIL A1+ 8.66%
IndusInd Bank Limited CRISIL A1+ 7.94%
Small Industries Development Bank of India CARE A1+ 7.83%
Name Of Instrument
Rating/Industry
% to Net
Assets

LIC Housing Finance Limited CRISIL A1+ 5.43%
Reliance JIO Infocomm Limited CRISIL A1+ 5.43%
Vedanta Limited CRISIL A1+ 5.42%
Sundaram Finance Limited CRISIL A1+ 5.38%
Housing Development Finance Corporation Limited CRISIL A1+ 5.31%
National Bank for Agriculture & Rural Development CRISIL A1+ 5.23%
Export Import Bank Of India CRISIL A1+ 4.05%
Reliance Industries Limited CRISIL A1+ 2.70%
HDFC Bank Limited IND A1+ 2.60%
Kotak Mahindra Bank Limited CRISIL A1+ 2.34%
HPCL - Mittal Pipelines Limited IND A1+ 1.35%
Axis Bank Limited ICRA A1+ 0.78%
Rural Electrification Corporation Limited CARE A1+ 0.76%
National Bank for Agriculture & Rural Development ICRA A1+ 0.49%
Total 71.70%
Others
CBLO / Reverse Repo 2.17%
Net Receivable/Payable 1.72%
Grand Total 100.00%
Average Maturity 0.38 years
Modified Duration 0.36 years
YTM 7.51%


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.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'