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

₹49.74 0.03 %Nav, as on 18-10-2019
Previous Nav
₹ 49.723
Net Change on 18-10-2019
₹0.02
PersonalFN Rating
Unrated
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 1,616.02
Expense Ratio
0.66%
(As on Aug 31, 2019)

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 (₹)
43.69
52 Week Low Nav Date
19-Oct-2018
52 Week High Nav (₹)
50.00
52 Week High Nav Date
09-Sep-2019

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	-2.28	1.09	13.96	6.34	7.73	7.37
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
Crisil Composite Bond Fund 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	Ratings	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	Unrated	13.96	6.34	7.73	0.66	1,616.02
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997		10.62	7.72	8.64	0.39	16,604.88
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010		11.31	7.70	8.64	0.45	13,111.59
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009		10.12	7.41	8.27	0.56	9,146.49
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007		10.17	7.99	9.18	0.59	2,756.74
Nippon India Prime Debt Fund - Growth Plan - Growth Option	Sep 14, 2000		8.14	7.01	7.87	0.71	1,120.30

Fund Holdings as on 30-September-2019

Company % Assets
HDFC Bank Limited **
9.67
Housing Development Finance Corporation Limited **
6.46
National Highways Authority of India **
6.11
Power Grid Corporation of India Limited **
5.55
NTPC Limited **
5.13
Housing and Urban Development Corporation Limited **
5.06
Export Import Bank Of India **
4.94
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
3.61
Indian Railway Finance Corporation Limited **
3.36
(b) Net Receivables/(Payables)
3.27
National Highways Authority of India **
3.21
National Bank for Agriculture & Rural Development **
3.11
NTPC Limited **
3.05
Food Corporation of India Limited **
3.02
Reliance Industries Limited **
2.95
Reliance Industries Limited **
2.57
Indian Railway Finance Corporation Limited **
2.43
National Bank for Agriculture & Rural Development **
1.93
National Bank for Agriculture & Rural Development **
1.86
Housing and Urban Development Corporation Limited **
1.65
Housing Development Finance Corporation Limited **
1.65
Reliance Industries Limited **
1.64
Housing Development Finance Corporation Limited **
1.64
Indian Railway Finance Corporation Limited **
1.63
Indian Railway Finance Corporation Limited **
1.52
Housing and Urban Development Corporation Limited **
1.32
HDB Financial Services Limited **
1.25
Housing and Urban Development Corporation Limited **
1.24
National Bank for Agriculture & Rural Development **
1.15
Indian Railway Finance Corporation Limited **
0.96
Power Grid Corporation of India Limited **
0.91
National Bank for Agriculture & Rural Development **
0.66
National Bank for Agriculture & Rural Development **
0.66
NHPC Limited **
0.65
Nuclear Power Corporation Of India Limited **
0.65
Nuclear Power Corporation Of India Limited **
0.65
HDB Financial Services Limited **
0.62
Power Grid Corporation of India Limited **
0.33
Power Grid Corporation of India Limited **
0.32
National Highways Authority of India **
0.32
National Bank for Agriculture & Rural Development **
0.32
Rec Limited **
0.32
Rec Limited **
0.32
Power Grid Corporation of India Limited **
0.30

Sector Holding%
Miscellaneous
93.11

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 ₹1,616.02 crore. L&T Triple Ace Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and Crisil Composite Bond Fund Index as secondary index.

The NAV of L&T Triple Ace Bond Fund ended up ₹0.02(0.03%)yesterday to ₹49.74.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited **, Housing Development Finance Corporation Limited ** and National Highways Authority of India **

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, Bachelor’s 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 Cash 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 Resurgent India Bond Fund
L&T Short Term Bond Fund
L&T Triple Ace Bond Fund

Jalpan Shah

Holding Type Holding %
CARE AAA
14.73
Cash
6.88
CRISIL AAA
73.69
CRISIL AAA (CE)
3.02
ICRA AAA
1.65

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