L&T Triple Ace Bond Direct Growth-0.08%

2Groww
12.26%
1 Year Return
Debt
Corporate Bond
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Triple Ace Bond Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.30%
NAV52.41 (13 Dec 2019)
Fund Started01 Jan 2013
Fund Size2,047 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Triple Ace Bond Direct Growth
12.3%
6.3%
7.7%
8.0%
Category Average
6.1%
5.3%
7.0%
-
Rank within category
1
10
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 12.3% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. 1Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialDebenture9.8%
    National Highways Authority of India Ltd.ServicesDebenture6.5%
    Housing Development Finance Corpn. Ltd.FinancialDebenture6.5%
    Export-Import Bank Of IndiaFinancialBonds6.0%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture5.9%
    Power Grid Corporation of India Ltd.EnergyDebenture5.2%
    National Thermal Power Corp. Ltd.EnergyDebenture4.7%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.2%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture3.1%
    National Highways Authority of India Ltd.ServicesDebenture3.0%
    See All

    Fund Managers

    addShriram Ramanathan
    Education
    Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
    Experience
    Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
    Funds Managed

    Other Details

    L&T Triple Ace Bond Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Triple Ace Bond Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,047 Cr and the Latest NAV as of 13 Dec 2019 is ₹52.41.

    The L&T Triple Ace Bond Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 0.50% if redeemed within 3 months..

    Investment Objective

    Aims to provide regular income along with reasonable capital appreciation.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹10000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.50% if redeemed within 3 months.
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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