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  • L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

Formerly L&T Triple Ace Bond Ann DP

L&T Mutual Fund

L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

DebtCorporate Bond

Top Ranked

12.2462

NAV (Oct 21)

9.2%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within corporate bond mutual funds.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.

Our analysis of this fundLearn how we rate funds ->

Track Record

6 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

9,300 Cr. Large within the category

Impact of Interest Rate Changes

Highest Interest Rate Risk. The impact on fund value is very high when interest rates change

Credit Quality Of Fund's Portfolio

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

12.2462

NAV (Oct 21)

Fund Returns

Last 1Y
3.8%
Last 3Y
9.2%
Last 5Y
6.1%
Last 10Y
NA
Since Inception
7%
6 Month CAGR
3%
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Scheme Information

Investment Objective

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Moderate Risk

Expense Ratio
0.63
Launched (6y ago)
Jul 22, 2015
AUM in Crores
9299.737
ISIN
INF917K01WB7
Lock-in
No Lock-in
Benchmark
CRISIL Corp Bond Composite Index TR INR
SIP Minimum
1000
Lumpsum Min.
10000
Fund Managers
user-avatar

Jalpan Shah

Fund Manager

user-avatar

Shriram Ramanathan

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 83,412 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.

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  • tel-amc-about
    022-66554000
  • mail-amc-about
    investor.line@lntmf.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    3.9%

    6.6%

    top-ranked-badge

    10.4%

    7.5%

    top-ranked-badge

    20.2%

    10.8%

    top-ranked-badge

    5.8%

    7.2%

    top-ranked-badge

    7.9%

    8.1%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

    About L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) is a Corporate Bond Debt fund and has delivered an annualised return of 7% over a period of 6 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

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) NAV,AUM,Risk

    The L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) fund was launched on Jul 22, 2015. The NAV (Net Asset Value) of this Corporate Bond Debt fund as of 2021-10-21 is ₹12.25. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹9299.737. The category risk of the L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) fund is Moderate Risk. The fund charges 0.63 % as expense ratio.

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 92.4% in this asset class. The top three holdings of the fund are , 7.17% govt stock 2028 , 6.79% govt stock 2027 , (a) tri party repo dealing system (treps)/reverse repo , 7.26% govt stock 2029 , indian oil corporation limited , power grid corporation of india limited , ntpc limited , indian railway finance corporation limited , hdfc bank limited , national bank for agriculture and rural development , export-import bank of india , national highways authority of india , national highways authority of india , indian railway finance corporation limited , hdfc bank limited , ntpc limited , housing and urban development corporation limited , export-import bank of india , housing development finance corporation limited , national highways authority of india , national bank for agriculture and rural development , rural electrification corporation limited , power grid corporation of india limited , rural electrification corporation limited , housing and urban development corporation limited , national bank for agriculture and rural development , rural electrification corporation limited , national highways authority of india , housing development finance corporation limited , indian railway finance corporation limited , indian railway finance corporation limited , food corporation of india , nhpc limited (national hydroelectric power corporation limited) , indian railway finance corporation limited , 06.47 mh sdl 2028 , national bank for agriculture and rural development , power grid corporation of india limited , national highways authority of india , national bank for agriculture and rural development , national bank for agriculture and rural development , national bank for agriculture and rural development , icici bank limited , national bank for agriculture and rural development , power grid corporation of india limited , national bank for agriculture and rural development , national bank for agriculture and rural development , national bank for agriculture and rural development , indian railway finance corporation limited , nuclear power corporation of india limited , housing and urban development corporation limited (hudco) , indian railway finance corporation limited , indian railway finance corporation limited , housing development finance corporation limited , nuclear power corporation of india limited , (b) net receivables/(payables) , nuclear power corporation of india limited , export-import bank of india , power grid corporation of india limited , food corporation of india limited , housing and urban development corporation limited (hudco) , indian railway finance corporation limited , power grid corporation of india limited , nuclear power corporation of india limited , nhpc limited , housing development finance corporation limited , housing development finance corporation limited , export-import bank of india , power grid corporation of india limited , power grid corporation of india limited , rural electrification corporation limited , indian railway finance corporation limited , nuclear power corporation of india limited

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Investment volatility and Horizon

    This fund 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 CRISIL Corp Bond Composite Index TR INR.

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Review

    L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, L&T Triple Ace Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) has a score of 4out of 5 The credit risk of the fund is 3 out of 5 as compared to other debt funds.

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