L&T Ultra Short Term Fund
The fund typically has a portfolio of relatively higher maturity as compared to liquid fund, with relatively low risk and high liquidity compared to debt funds.
The fund endeavours to invests in quality debt instruments.
Relatively low risk and short investment horizon.
- Generation of reasonable and stable income and liquidity over short term
- Investments predominantly in highly liquid money market instruments, government securities and corporate debt
|Debt Securities||0 to 100|
|Securities Debt||0 to 100|
|Money Market Instruments (including cash/call money)||20 to 100|
|Minimum purchase amount||Weekly Dividend/ Monthly Dividend/ Semi- Annual Dividend and Growth: A minimum of Rs. 10,000/- per application and in multiples of Re.1/- thereafter. Daily Dividend Reinvestment Plan: A minimum of Rs. 1,00,000/- per application and in multiples of Re. 1/- thereafter.|
|Minimum additional purchase amount||Regular: A minimum of Rs. 1,000/- per application and in multiples of Re. 1/- thereafter
Institutional (except Daily Dividend Reinvestment Plan): A minimum of Rs. 1,00,000/- per application and in multiples of Re. 1/- thereafter
Institutional (Daily Dividend Reinvestment Plan): A minimum of Rs. 5000/- per application and Re. 1/-thereafter.
|Minimum redemption amount/units||Rs.1000 or 100 units & institutional plus plan/Weekly dividend/growth/Daily Dividend Reinvestment Plan is Rs. 100000 or 10000 units.|
Investors can contact any of the ISCs at its toll-free number " 1800 2000 400 ". NAVs will be calculated and published on all Business Days. Purchase/Redemption on all Business Days.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.