Fund Details
L&T Triple Ace Bond Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.29% |
| NAV | ₹60.83 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹8,290 Cr |
Returns
Comparison
1. Lower expense ratio - 0.29%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.8% |
| GOI | Sovereign | GOI Sec | 9.7% |
| GOI | Sovereign | GOI Sec | 7.3% |
| NTPC Ltd. | Energy | NCD | 4.4% |
| Power Grid Corporation of India Ltd. | Energy | Debenture | 4.3% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.9% |
| HDFC Bank Ltd. | Financial | Debenture | 3.4% |
| Export-Import Bank Of India | Financial | Debenture | 3.0% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.9% |
| National Highways Authority of India Ltd. | Services | NCD | 2.8% |
Fund Managers
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 ₹8,290 Cr and the Latest NAV as of 23 Jul 2021 is ₹60.83.
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 redeeemed within 3 months
Investment Objective
The scheme seeks to generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.
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.
