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

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

₹55.5364 (-0.09%)Nav, as on 25-09-2020
Previous Nav
₹ 55.5872
Net Change on 25-09-2020
₹-0.05
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 4,614.67
Expense Ratio
0.62%
(As on Aug 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 (₹)
49.42
52 Week Low Nav Date
25-Sep-2019
52 Week High Nav (₹)
56.13
52 Week High Nav Date
05-Aug-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	10.33	4.52	12.33	9.19	8.36	7.57
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	12.33	9.19	8.36	0.62	4,614.67
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	10.89	8.67	8.95	0.61	21,051.98
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	11.19	8.79	8.92	0.45	20,205.38
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	10.40	8.29	8.50	0.60	16,161.92
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	9.45	8.48	8.52	0.61	6,586.01
Invesco India Corporate Bond Fund - Growth	Aug 02, 2007	10.36	6.82	7.74	0.60	1,883.60

Fund Holdings as on 31-August-2020

Company % Assets
07.26% GOI 14-JAN-2029
6.96
HDFC Bank Limited **
6.21
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
6.12
06.45% GOI 7-OCT-2029
5.64
05.79% GOI 11-MAY-2030
4.86
Export Import Bank of India **
4.79
NTPC Limited **
4.58
NTPC Limited **
3.77
Power Grid Corporation of India Limited **
3.75
National Highways Authority of India **
3.55
Housing Development Finance Corporation Limited **
3.19
Indian Railway Finance Corporation Limited **
2.88
Export Import Bank of India **
2.71
National Highways Authority of India **
2.46
Power Grid Corporation of India Limited **
2.38
Housing and Urban Development Corporation Limited **
2.37
Housing Development Finance Corporation Limited **
2.30
National Bank for Agriculture & Rural Development **
1.96
National Bank for Agriculture & Rural Development **
1.86
Rec Limited **
1.84
National Bank for Agriculture & Rural Development **
1.81
(b) Net Receivables/(Payables)
1.67
Housing and Urban Development Corporation Limited **
1.63
Indian Railway Finance Corporation Limited **
1.53
National Bank for Agriculture & Rural Development **
1.23
Housing Development Finance Corporation Limited **
1.23
National Highways Authority of India **
1.17
Food Corporation of India Limited **
1.15
Power Grid Corporation of India Limited **
1.14
Indian Railway Finance Corporation Limited **
1.14
National Bank for Agriculture & Rural Development **
0.85
National Bank for Agriculture & Rural Development **
0.85
Indian Railway Finance Corporation Limited **
0.85
Indian Railway Finance Corporation Limited **
0.82
National Bank for Agriculture & Rural Development **
0.74
Indian Railway Finance Corporation Limited **
0.71
Indian Railway Finance Corporation Limited **
0.64
Housing and Urban Development Corporation Limited **
0.63
National Highways Authority of India **
0.62
Indian Railway Finance Corporation Limited **
0.59
National Highways Authority of India **
0.57
National Highways Authority of India **
0.50
Housing and Urban Development Corporation Limited **
0.49
National Highways Authority of India **
0.46
Export Import Bank of India **
0.38
Power Grid Corporation of India Limited **
0.36
Food Corporation of India Limited **
0.36
Power Grid Corporation of India Limited **
0.34
Nuclear Power Corporation Of India Limited **
0.25
Nuclear Power Corporation Of India Limited **
0.25
NHPC Limited **
0.25
Export Import Bank of India **
0.13
Power Grid Corporation of India Limited **
0.12
Power Grid Corporation of India Limited **
0.12
Rec Limited **
0.12
National Bank for Agriculture & Rural Development **
0.11

Sector Holding%
Miscellaneous
74.75

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
8.00
Cash
7.79
CRISIL AAA
60.72
CRISIL AAA (CE)
1.51
ICRA AAA
4.51
Sov
17.46

About L&T Triple Ace Bond Fund

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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 ₹4,614.67 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 ₹-0.05(-0.09%)yesterday to ₹55.5364.

Among its top 3 holdings the fund has exposure to 07.26% GOI 14-JAN-2029, 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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