L&T Triple Ace Bond Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 62.6965   0.052(0.083 %) NAV as on 12 Aug 2022
Prime Rating: 2.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 7,114.93
Fund category:
Corporate Bond
Fund manager(s):
Shriram Ramanathan, Jalpan Shah
Benchmark:
NIFTY Corporate Bond Index
Minimum investment:
₹ 10000
Launch date:
01 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.29 %
Exit load:
0.50% on or before 3M, Nil after 3M

Scheme Objective: To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.


Performance (As on 12 Aug 2022)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.45 % 2.10 %0.40 % 2.95 % 6.59 %7.28 % N/A

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
07.26% GOI 14-01-2029
Government Securities
7.98%
Sov
06.79% GOI 15-05-2027
Government Securities
7.47%
Sov
07.17% GOI 08-01-2028
Government Securities
6.49%
Sov
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
Cash & Cash Equivalents and Net Assets
4.84%
Cash
7.32% NTPC Limited 17-07-2029 **
Corporate Debt
4.77%
CRISIL AAA
7.49% National Highways Authority of India 01-08-2029 **
Corporate Debt
4.61%
CRISIL AAA
7.41% Indian Oil Corporation Limited 22-10-2029 **
Corporate Debt
4.56%
CRISIL AAA
8.24% Power Grid Corporation of India Limited 14-02-2029 **
Corporate Debt
4.13%
CRISIL AAA
7.08% Indian Railway Finance Corporation Limited 28-02-2030 **
Corporate Debt
3.98%
CRISIL AAA
8.44% HDFC Bank Limited 28-12-2028 **
Corporate Debt
3.76%
CRISIL AAA

About this category

Corporate bond debt funds invest in a variety of debt instruments such as corporate and bank bonds, PSU bonds, and government securities. They invest at least 80% of their portfolio in debt papers rate AA+ and above and portfolios are therefore made up of high-quality instruments. Returns primarily come from interest accrued on bonds held, though some funds with longer maturities may also sometimes earn from bond price appreciation. Average maturities for these funds can vary from short-term to long term.

Suitability

These funds suit any investor with investment horizons around 3 years and longer. They can be higher-return alternatives to fixed deposits in exchange for a little higher risk, or part of debt allocations of long-term portfolios.

Taxation

Short-term: Holding period is less than 36 months.

Taxation: Capital gains are taxed at individual’s slab rate 


Long-term: Holding period is 36 months or more.

Taxation: Capital gains are taxed at 20% with indexation benefit.

How are mutual funds taxed?

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