- Mutual Funds
- L&T Mutual Fund
- L&T Triple Ace Bond Fund (PIDCW-A)
Formerly L&T Triple Ace Bond Ann DP
L&T Triple Ace Bond Fund (PIDCW-A)
₹ 11.6268
NAV (Aug 05)
However, Scripbox does not recommend investing in corporate bond mutual funds.
Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Scripbox Recommended Debt Funds
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Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.6268
NAV (Aug 5)
Fund Returns
Last 1Y | 2.3% |
Last 3Y | 5.4% |
Last 5Y | 5.8% |
Last 10Y | NA |
Since Inception | 6.2% |
6 Month CAGR | 1.1% |
Scheme Information
To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.
Expense Ratio | 0.63 |
Launched (7y ago) | Jul 22, 2015 |
AUM in Crores | 7252.226 |
ISIN | INF917K01WB7 |
Lock-in | No Lock-in |
Benchmark | IISL NIFTY Corporate Bond Index TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 10000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.26% govt stock 2029
7.9%6.79% govt stock 2027
7.3%7.17% govt stock 2028
6.3%(a) tri party repo dealing system (treps)/reverse repo
5.5%ntpc limited
5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 49,911 cr | ||
₹ 14,870 cr | ||
₹ 15,889 cr | ||
₹ 14,702 cr | ||
₹ 49,911 cr |
About the AMC
L&T Investment Management Ltd
L&T Investment Management Ltd manages assets worth 72,101 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.1% | 5.7% | ||
3.9% | 5% | ||
6.6% | 6.9% | ||
3.9% | 5.1% | ||
3.9% | 5.1% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsL&T Triple Ace Bond Fund (PIDCW-A) Review
L&T Triple Ace Bond Fund (PIDCW-A) is a Corporate Bond Debt fund and has delivered an annualised return of 6.2% over a period of 7 years. The fund was previously known as L&T Triple Ace Bond Ann DP. The fund is managed by L&T Investment Management Ltd. The fund managers are Jalpan Shah, Shriram Ramanathan.
Nav of L&T Triple Ace Bond Fund (PIDCW-A) as of 8/5/2022 is ₹11.63 with the total AUM as of 8/6/2022 is ₹7252.226. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Triple Ace Bond Fund (PIDCW-A) was launched on Jul 22, 2015. The category risk of the fund is Moderate Risk.
The minimum SIP amount for L&T Triple Ace Bond Fund (PIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹10000. Check your estimated returns on mutual funds by using sip calculator.
L&T Triple Ace Bond Fund (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to IISL NIFTY Corporate Bond Index TR INR.
L&T Triple Ace Bond Fund (PIDCW-A) is rated as a 3 fund in Debt and delivered 2.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with L&T Triple Ace Bond Fund (PIDCW-A).
Frequently Asked Questions
What is L&T Triple Ace Bond Fund (PIDCW-A)?
How to invest in L&T Triple Ace Bond Fund (PIDCW-A)?
You can invest in L&T Triple Ace Bond Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of L&T Triple Ace Bond Fund (PIDCW-A)?
The minimum sip amount for L&T Triple Ace Bond Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹10000.
Is L&T Triple Ace Bond Fund (PIDCW-A) good to invest in?
As per Scripbox experts, L&T Triple Ace Bond Fund (PIDCW-A) is a Neutral fund. You can investL&T Triple Ace Bond Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the L&T Triple Ace Bond Fund (PIDCW-A)?
The expense ratio of the L&T Triple Ace Bond Fund (PIDCW-A) is 0.63% for regular plan.