How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

L&T Ultra Short Term Fund- Regular Plan - Daily IDCW - Investment Information

About This Fund

L&T Ultra Short Term Fund- Regular Plan - Daily IDCW 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 orequity related instruments.

Investment Details

Fund size

₹1,504.85 Cr.

Min. Investment

₹1,00,000

Min. Sip Inv.

₹500

Min. Addl Inv.

₹1,000

Expense Ratio

0.39%

Turn over

Exit Load

Data not available.

Basic Details

AMC Information

All Funds from L&T

AMC

L&T Mutual Fund

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Office No

null

Website

null

Address

null

All Funds from L&T

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

L&T Ultra Short Term Fund- Regular Plan - Daily IDCW

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Frequently Asked Questions

Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.