L&T Triple Ace Bond Direct Growth-0.03%

3
15.59%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Triple Ace Bond Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.29%
NAV57.01 (27 May 2020)
Fund Started01 Jan 2013
Fund Size3,314 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Triple Ace Bond Direct Growth
15.6%
9.8%
9.0%
8.7%
Category Average
8.9%
7.2%
7.7%
-
Rank within category
1
1
3
-
*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 15.6% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialDebenture7.9%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.9%
    National Thermal Power Corp. Ltd.EnergyDebenture2.7%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture2.3%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture2.0%
    National Highways Authority of India Ltd.ServicesDebenture1.6%
    Reliance Industries Ltd.EnergyNCD0.8%
    Bajaj Finance Ltd.FinancialDebenture0.7%
    HDB Financial Services Ltd.FinancialDebenture0.6%
    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

    L&T Triple Ace Bond Direct Growth Details

    L&T Triple Ace Bond Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Triple Ace Bond Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,314 Cr and the Latest NAV as of 27 May 2020 is ₹57.01.

    The L&T Triple Ace Bond Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 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

    Compare Funds

    L&T Triple Ace Bond Direct Growth
    VS
    search

    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    03 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,
    Similar Funds
    Data not available