• Mutual Funds
  • L&T Mutual Fund
  • L&T Triple Ace Bond Fund (PIDCW-A)

Formerly L&T Triple Ace Bond Ann DP

L&T Mutual Fund

L&T Triple Ace Bond Fund (PIDCW-A)

DebtCorporate Bond

11.6268

NAV (Aug 05)

5.4%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in 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 ->

Fund Size

₹ 7,252 Cr

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

View all 8 analysis

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Scripbox Recommended Debt Funds

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

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.

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

Shriram Ramanathan

Fund Manager

Jalpan Shah

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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.

Asset allocation and Holdings

Last updated on 2022-08-05

Top Debt Holdings

7.26% govt stock 2029

7.9%
7.9%

6.79% govt stock 2027

7.3%
7.3%

7.17% govt stock 2028

6.3%
6.3%

(a) tri party repo dealing system (treps)/reverse repo

5.5%
5.5%

ntpc limited

5%
5%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 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.

amc-img

  • 022-66554000
  • investor.line@lntmf.co.in
  • Fund NameScripbox 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 Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    L&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)?

    L&T Triple Ace Bond Fund (PIDCW-A) is a Corporate Bond Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    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.