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.
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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%
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.
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.
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.
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?
Recommended
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.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
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
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
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
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
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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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.
