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

Item: L&T Triple Ace Bond Fund - Growth - Regular Plan
Rating: 3
Author: PersonalFN

₹57.0196 (-0.04%)Nav, as on 18-01-2021
Previous Nav
₹ 57.0396
Net Change on 18-01-2021
₹-0.02
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 6,556.84
Expense Ratio
0.63%
(As on Dec 31, 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 (₹)
50.47
52 Week Low Nav Date
23-Mar-2020
52 Week High Nav (₹)
57.36
52 Week High Nav Date
05-Jan-2021

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	0.62	4.50	12.06	10.10	8.92	7.59
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	12.06	10.10	8.92	0.63	6,556.84
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	11.50	9.39	9.03	0.60	29,219.84
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	11.28	9.32	8.92	0.45	24,939.53
IDFC CBF_Regular Plan_Growth	Jan 12, 2016	10.99	8.57	8.41	0.58	22,905.76
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	10.14	8.83	8.50	0.59	19,716.29
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	9.15	8.78	8.49	0.62	8,181.41

Fund Holdings as on 31-December-2020

Company % Assets
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
8.59
07.26% GOI 14-JAN-2029
8.52
07.17% GOI 08-JAN-2028
8.52
06.45% GOI 7-OCT-2029
7.99
National Bank for Agriculture & Rural Development **
4.51
NTPC Limited **
4.24
HDFC Bank Limited **
4.20
Export Import Bank of India **
3.49
Export Import Bank of India **
2.83
Power Grid Corporation of India Limited **
2.73
NTPC Limited **
2.73
National Highways Authority of India **
2.58
06.79% GOI 15-MAY-2027
2.54
Housing Development Finance Corporation Limited **
2.34
National Highways Authority of India **
2.34
Indian Railway Finance Corporation Limited **
2.23
Indian Railway Finance Corporation Limited **
2.00
Power Grid Corporation of India Limited **
1.75
Housing Development Finance Corporation Limited **
1.69
Housing and Urban Development Corporation Limited **
1.66
Indian Oil Corporation Limited **
1.65
05.77% GOI 03-AUG-2030
1.55
National Bank for Agriculture & Rural Development **
1.47
Rec Limited **
1.31
National Bank for Agriculture & Rural Development **
1.30
Housing and Urban Development Corporation Limited **
1.14
National Highways Authority of India **
1.08
Indian Railway Finance Corporation Limited **
1.03
National Highways Authority of India **
1.00
National Bank for Agriculture & Rural Development **
0.86
National Highways Authority of India **
0.85
Housing Development Finance Corporation Limited **
0.84
Food Corporation of India Limited **
0.83
Power Grid Corporation of India Limited **
0.83
6.47% MAHARSHTRA SDL 21-OCT-2028
0.78
Indian Railway Finance Corporation Limited **
0.77
Indian Railway Finance Corporation Limited **
0.77
National Bank for Agriculture & Rural Development **
0.62
National Bank for Agriculture & Rural Development **
0.62
National Bank for Agriculture & Rural Development **
0.52
Indian Railway Finance Corporation Limited **
0.48
National Highways Authority of India **
0.45
Housing and Urban Development Corporation Limited **
0.44
Indian Railway Finance Corporation Limited **
0.44
Indian Railway Finance Corporation Limited **
0.43
National Highways Authority of India **
0.36
Housing and Urban Development Corporation Limited **
0.36
Export Import Bank of India **
0.27
Power Grid Corporation of India Limited **
0.25
Power Grid Corporation of India Limited **
0.25
Food Corporation of India Limited **
0.24
NHPC Limited **
0.18
Nuclear Power Corporation Of India Limited **
0.17
Nuclear Power Corporation Of India Limited **
0.17
Power Grid Corporation of India Limited **
0.09
Power Grid Corporation of India Limited **
0.09
Export Import Bank of India **
0.09
Rec Limited **
0.09
National Bank for Agriculture & Rural Development **
0.08
(b) Net Receivables/(Payables)
-2.26

Sector Holding%
Miscellaneous
63.77

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
5.57
Cash
6.33
CRISIL AAA
50.60
CRISIL AAA (CE)
1.07
ICRA AAA
6.50
Sov
29.90

About L&T Triple Ace Bond Fund

NULL

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 ₹6,556.84 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 down ₹-0.02(-0.04%)yesterday to ₹57.0196.

Among its top 3 holdings the fund has exposure to (a) Tri Party Repo Dealing System (TREPS)/Reverse Repo, 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

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