L&T Triple Ace Bond Fund - Growth - Regular Plan

Item: L&T Triple Ace Bond Fund - Growth - Regular Plan
Rating: 2
Author: PersonalFN

₹52.5876 3.39 %Nav, as on 27-03-2020
Previous Nav
₹ 50.861
Net Change on 27-03-2020
₹1.73
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 3,080.81
Expense Ratio
0.62%
(As on Feb 29, 2020)

Fund Overview Growth | Regular Plan

Fund House
L&T Mutual Fund
Launch Date
31-Mar-1997
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
10,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
0.50% on or before 3M, Nil after 3M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
45.89
52 Week Low Nav Date
22-Apr-2019
52 Week High Nav (₹)
53.06
52 Week High Nav Date
09-Mar-2020

Fund Objective

To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	0.00	13.57	13.77	8.34	7.62	7.48
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Corporate Bond Composite Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997	13.77	8.34	7.62	0.62	3,080.81
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	9.37	7.92	8.40	0.45	17,605.87
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	10.24	8.17	8.57	0.50	13,389.16
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	9.23	7.60	8.18	0.56	13,243.33
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	8.99	7.98	8.22	0.60	4,839.91
Franklin India Corporate Debt Fund - Growth	Jun 23, 1997	8.46	7.98	8.15	0.85	1,512.27

Fund Holdings as on 29-February-2020

Company % Assets
HDFC Bank Limited **
7.70
National Highways Authority of India **
5.05
NTPC Limited **
4.94
Housing Development Finance Corporation Limited **
4.52
Export Import Bank Of India **
3.86
Export Import Bank Of India **
3.79
NTPC Limited **
3.78
Housing and Urban Development Corporation Limited **
3.44
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
3.29
Power Grid Corporation of India Limited **
3.00
Reliance Industries Limited **
2.47
Housing and Urban Development Corporation Limited **
2.44
Housing Development Finance Corporation Limited **
2.43
National Bank for Agriculture & Rural Development **
2.20
Indian Railway Finance Corporation Limited **
2.16
(b) Net Receivables/(Payables)
1.99
Indian Railway Finance Corporation Limited **
1.85
National Bank for Agriculture & Rural Development **
1.79
Rec Limited **
1.77
National Highways Authority of India **
1.74
Reliance Industries Limited **
1.70
Housing Development Finance Corporation Limited **
1.69
National Highways Authority of India **
1.69
Air India Assets Holding Limited **
1.67
Food Corporation of India Limited **
1.63
National Bank for Agriculture & Rural Development **
1.63
Indian Railway Finance Corporation Limited **
1.62
Indian Railway Finance Corporation Limited **
1.56
National Highways Authority of India **
1.34
National Bank for Agriculture & Rural Development **
1.24
National Bank for Agriculture & Rural Development **
1.24
Indian Railway Finance Corporation Limited **
1.16
National Bank for Agriculture & Rural Development **
1.04
06.97% KARNATAKA SDL 26-FEB-2028
0.97
Housing Development Finance Corporation Limited **
0.89
Housing Development Finance Corporation Limited **
0.89
Housing and Urban Development Corporation Limited **
0.89
Reliance Industries Limited **
0.89
Indian Railway Finance Corporation Limited **
0.88
Food Corporation of India Limited **
0.84
National Bank for Agriculture & Rural Development **
0.83
Indian Railway Finance Corporation Limited **
0.82
06.98% MAHARASHTRA SDL 26-FEB-2028
0.81
Bajaj Finance Limited **
0.81
Housing and Urban Development Corporation Limited **
0.71
National Highways Authority of India **
0.70
HDB Financial Services Limited **
0.68
Indian Railway Finance Corporation Limited **
0.67
Power Grid Corporation of India Limited **
0.50
Power Grid Corporation of India Limited **
0.50
National Bank for Agriculture & Rural Development **
0.36
NHPC Limited **
0.35
Export Import Bank Of India **
0.35
Nuclear Power Corporation Of India Limited **
0.35
Nuclear Power Corporation Of India Limited **
0.35
HDB Financial Services Limited **
0.34
Export Import Bank Of India **
0.18
Power Grid Corporation of India Limited **
0.18
Power Grid Corporation of India Limited **
0.18
National Bank for Agriculture & Rural Development **
0.17
Rec Limited **
0.17
Rec Limited **
0.17
Power Grid Corporation of India Limited **
0.16

Sector Holding%
Miscellaneous
92.94

About L&T Triple Ace Bond Fund

Scheme Analysis

L&T Triple Ace Bond Fund is a Debt - Corporate Bond Fund fund and belongs to L&T Mutual Fund. It was launched on 31-Mar-1997 and currently has an AUM of ₹3,080.81 crore. L&T Triple Ace Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Corporate Bond Composite Index as secondary index.

The NAV of L&T Triple Ace Bond Fund ended up ₹1.73(3.39%)yesterday to ₹52.5876.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited **, and

The L&T Triple Ace Bond Fund is managed by Shriram Ramanathan and Jalpan Shah.

Fund House Contact

Address:

309, 3rd floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Phone Number: +91 (22) 61366600

Email Address: ltmf@lntmf.com

Fax Number: +91 (22) 61366603/04

Website: www.lntmf.com

Fund Manager

Shriram Ramanathan

Education:CFA, PGDBM, Bachelors Degree in Electrical Engineering
Experience:14 Years
Basic Details:Mr. Shriram Ramanathan has 14 years of experience .His previous assignments includes ING Investment Management Asia Pacific -Hong Kong,ING Investment Management (India) Private Limited,Zurich (India) Asset Management Company.
Funds Managed:
L&T Banking and PSU Debt Fund
L&T Overnight Fund
L&T Credit Risk Fund
L&T Flexi Bond Fund
L&T Gilt Fund
L&T Hybrid Equity Fund
L&T Liquid Fund
L&T Low Duration Fund
L&T Money Market Fund
L&T Resurgent India Bond Fund
L&T Short Term Bond Fund
L&T Triple Ace Bond Fund
L&T Ultra Short Term Fund

Jalpan Shah

Holding Type Holding %
CARE AAA
11.82
Cash
5.28
CRISIL AAA
73.64
CRISIL AAA (CE)
2.47
ICRA AAA
3.35
ICRA AAA (CE)
1.67
SOVEREIGN
1.78

Financial Health Checkup

Money Simplified Videos

Infographics