Good performance in the category
The scheme is ranked 2 in Ultra Short Term Debt category by Crisil (for quarter ended Mar 2014) up from Rank 3 last quarter. If you are already invested in this scheme, you may continue to stay invested. But, do keep a check on its performance.
|Period||Returns (%)||Rank #|
# Moneycontrol Rank within 208 Ultra Short Term Debt Schemes.
|Year||Qtr 1||Qtr 2||Qtr 3||Qtr 4||Annual|
Fund returns v/s Category average (Ultra Short Term Debt)
|1 mth (%)||3 mth (%)||6 mth (%)||1 yr (%)||2 yr (%)||3 yr (%)||5yr (%)|
|Difference of Fund returns and Category returns||0.1||0.1||0.5||1.4||4.3||4.5||4.6|
|Best of category||1.2||4.1||5.7||11.4||10.0||10.0||8.9|
|Worst of category||0.5||-0.2||2.9||0.8||6.7||-5.1||-1.1|
The investment objective will be to generate reasonable returns while maintaining safety and providing the investor superior liquidity Investments will be predominantly made in a well-diversifi ed and highly liquid portfolio of money market instruments government securities and corporate debt.
|Launch date||Apr 10, 2003|
|Benchmark||CRISIL Liquid Fund|
|Asset Size (Rs cr)||252.85 (Jun-30-2014)|
|Last Dividend||Rs.0.01 (Jul-21-2014)|
|Fund Manager||Vikram Chopra / Jaipan Shah
View performance of schemes managed by the Fund Manager
|Notes||L&T Ultra Short Term Fund - Institutional Plan rename as L&T Ultra Short Term Fund. The scheme is Open for Subscription. L&T Mutual Fund has rename L&T Freedom Income - Short Term Fund to L&T Ultra Short Term Fund with effect from July 11, 2011.|
|Ultra Short Term Debt||Crisil Rank||Assets (Rs.cr)
|3mth (%)||6mth (%)||1yr (%)||3yr (%)||5yr (%)|
|HDFC CMF-Treasury Advan. - RP (G)||Rank 4
|Reliance Money Mgr - IP (G)||Rank 1
|ICICI Pru Flexi Income (G)||Rank 2
|UTI Treasury Advantage -Direct (G)||Not Ranked
|ICICI Pru Flexi Income -Direct (G)||Not Ranked
|* Returns over 1 year are Annualised||More »|
|Money Market Instruments - CP,CD||312.80||78.73|
|Punjab National Bank||CARE A1+||45.57||11.47|
|Bank of Baroda||CRISIL A1 +||15.89||4.00|
|Central Bank Of India||CRISIL A1 +||15.89||4.00|
|Aditya Birla Finance Limited||ICRA A1+||15.85||3.99|
|Union Bank of India||CRISIL A1 +||15.81||3.98|
|Syndicate Bank||CARE A1+||15.81||3.98|
|Ultratech Cement Limited||CRISIL A1 +||15.81||3.98|
|State Bank of Mysore||ICRA A1+||15.77||3.97|
|Bank of India||CRISIL A1 +||15.02||3.78|
|No Sector Data Available|
|Cash / Call||-0.26|
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