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L&T Ultra Short Term Fund-Direct Plan - Growth (defunct)

L&T Mutual Fund · Debt · mandate: Macaulay duration 3–6 months · benchmark: —
AUM (all plans)
CAGR (full)
4.0%
Sharpe (full)
-6.18
Sharpe (bull ≤Sep-24)
Sharpe (sideways Oct-24→)
Max drawdown
0.0%
Months of data
118
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Equity curve

2013201420152016201720182019202020212022100150200Fund (NAV=100)Risk-free 6%/yrCategory median (Ultra Short Duration Fund)

Drawdown

2013201420152016201720182019202020212022000Drawdown %

Fiscal-year record

FYReturnvs categorySharpemonths
FY223.7%-0.1%-13.2312
FY23*3.0%-0.2%-3.438
FY240
FY250
FY260
FY27*0
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2013+0.6+0.8+1.0+0.7+0.7+0.1+0.8+1.3+1.0+0.7+0.8+8.8
2014+0.7+0.6+1.1+0.8+0.8+0.7+0.7+0.7+0.8+0.8+0.7+0.7+9.5
2015+0.8+0.6+0.9+0.6+0.7+0.7+0.8+0.7+0.8+0.6+0.7+0.6+8.8
2016+0.5+0.6+1.1+0.7+0.7+0.7+0.9+0.7+0.7+0.6+1.0+0.3+8.8
2017+0.7+0.5+0.7+0.5+0.7+0.6+0.8+0.6+0.5+0.6+0.5+0.3+7.1
2018+0.5+0.5+0.9+0.4+0.6+0.7+0.6+0.6+0.5+0.7+0.8+0.8+7.8
2019+0.7+0.6+0.8+0.5+0.8+0.5+0.9+0.7+0.5+0.7+0.5+0.4+7.9
2020+0.5+0.5+0.7+0.6+1.0+0.5+0.4+0.3+0.3+0.4+0.3+0.3+5.8
2021+0.2+0.3+0.4+0.3+0.3+0.3+0.3+0.3+0.2+0.2+0.4+0.3+3.5
2022+0.3+0.3+0.4+0.3+0.1+0.4+0.4+0.5+0.4+0.5+0.5+4.0

Quarterly average AUM & estimated net flows

20132014201520162017201820192020202120224232,0213,619AUM (quarter avg), ₹cr
-1,0271,317
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.