L&T Ultra Short Term Fundᵟ

Data as on October 31, 2018


L&T Ultra Short Term Fundᵟ

Data as on October 31, 2018


Fund Details

NAV of Plans/Options
(as on October 31, 2018)

Rs
Daily Dividend
10.2568
Weekly Dividend
10.9792
Monthly Dividend
12.7456
Semi Annual Dividend
22.2729
Growth
29.4576
Bonus
16.0677
Regular Growth
28.3467
Daily Dividend - Direct Plan
10.4390
Weekly Dividend - Direct Plan
11.1447
Monthly Dividend - Direct Plan
12.9230
Growth - Direct Plan
30.0035
Bonus - Direct Plan
16.3746
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)1,583.86
Month end AUM(Rs In Crs)1,511.83

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Indiabulls Housing Finance Limited CARE AAA 4.61%
Kotak Mahindra Prime Limited CRISIL AAA 3.62%
National Bank for Agriculture & Rural Development CRISIL AAA 3.31%
Powerlinks Transmission Limited CRISIL AAA 3.30%
Bajaj Finance Limited IND AAA 3.30%
Sundaram Finance Limited ICRA AAA 3.29%
Mahindra & Mahindra Financial Services Limited IND AAA 3.29%
Housing Development Finance Corporation Limited CRISIL AAA 1.98%
HDB Financial Services Limited CARE AAA 1.65%
Small Industries Development Bank of India CARE AAA 1.45%
Tata Capital Financial Services Limited ICRA AAA 0.99%
Indian Railway Finance Corporation Limited CRISIL AAA 0.53%
National Housing Bank CRISIL AAA 0.46%
Tata Sons Limited CRISIL AAA 0.20%
Total 31.98%
Name Of Instrument
Rating/Industry
% to Net
Assets

MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Tata Motors Limited ICRA A1+ 8.18%
Small Industries Development Bank of India CARE A1+ 8.07%
Reliance Industries Limited CRISIL A1+ 7.73%
Reliance Jio Infocomm Limited CRISIL A1+ 6.57%
Power Finance Corporation Limited CRISIL A1+ 6.55%
Housing Development Finance Corporation Limited CRISIL A1+ 4.85%
Axis Bank Limited ICRA A1+ 4.32%
Kotak Mahindra Investment Limited CRISIL A1+ 3.94%
Yes Bank Limited ICRA A1+ 3.29%
Axis Bank Limited CRISIL A1+ 3.28%
IndusInd Bank Limited CRISIL A1+ 1.96%
ICICI Bank Limited ICRA A1+ 0.39%
Total 59.13%
Treasury Bill
182 DAY T-BILL 07-FEB-2019 SOVEREIGN 0.32%
91 DAY T-BILL 07-DEC-2018 SOVEREIGN 0.13%
Total 0.45%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd) ICRA AAA(SO) 4.19%
Total 4.19%
Others
CBLO / Reverse Repo   2.29%
Net Receivable/Payable   1.96%
Grand Total 100.00%
Average Maturity 0.24 years
Modified Duration 0.23 years
YTM 7.91%


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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