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  • Mutual Funds
  • L&T Investment Management Ltd
  • L&T Triple Ace Bond Fund (Dividend Payout - Semi Annually)

Formerly L&T Triple Ace HY Div

L&T Triple Ace Bond Fund (Dividend Payout - Semi Annually)

L&T Triple Ace Bond Fund (Dividend Payout - Semi Annually)

DebtCorporate Bond

Top Ranked

17.1522

NAV (Apr 19)

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

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

Relative Size

6,151 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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    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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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

0.63 %

Expense Ratio

Mar 31, 1997

Launched (24y ago)

₹ 6,151

AUM in Crores

INF917K01AI8

ISIN

No Lock-in

Lock-in

Benchmark

₹ 1,000

SIP Minimum

₹ 10,000

Lumpsum Min.

Fund Managers
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Jalpan Shah

Fund Manager

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Shriram Ramanathan

Fund Manager

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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.

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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
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comparison

Comparison with Debt Funds

Kotak Savings Fund (G)

Kotak Savings Fund (G)

Ultra Short

Recommended

Top Ranked

17 Years

Age

5

Track Record

Aditya Birla Sun Life Liquid (G)

Aditya Birla Sun Life Liquid (G)

Liquid

Recommended

Top Ranked

17 Years

Age

5

Track Record

SBI Magnum Ultra Short Duration Fund (G)

SBI Magnum Ultra Short Duration Fund (G)

Ultra Short

Recommended

Top Ranked

22 Years

Age

5

Track Record

ICICI Prudential Savings Fund (G)

ICICI Prudential Savings Fund (G)

Low Duration

Recommended

Top Ranked

19 Years

Age

5

Track Record

Nippon India Liquid Fund (G)

Nippon India Liquid Fund (G)

Liquid

Recommended

Top Ranked

18 Years

Age

5

Track Record

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About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 72,102 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
  • L&T Triple Ace Bond Fund (G)

    L&T Triple Ace Bond Fund (G)

    Corporate Bond

    Top Ranked

    ₹ 6,150 Cr

    Fund Size

    9.6%

    3Y returns

    L&T Overnight Fund (G)

    L&T Overnight Fund (G)

    Overnight

    Top Ranked

    ₹ 1,399 Cr

    Fund Size

    4.3%

    3Y returns

    L&T Large and Midcap Fund (G)

    L&T Large and Midcap Fund (G)

    Diversified

    Top Ranked

    ₹ 1,257 Cr

    Fund Size

    4.1%

    3Y returns

    L&T Midcap Fund (G)

    L&T Midcap Fund (G)

    Mid Cap

    Top Ranked

    ₹ 6,286 Cr

    Fund Size

    5.8%

    3Y returns

    L&T India Large Cap Fund (G)

    L&T India Large Cap Fund (G)

    Large Cap

    Top Ranked

    ₹ 618 Cr

    Fund Size

    8.7%

    3Y returns

    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 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.

    Relative Size

    Relative Size

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

    Category View

    Category View

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

    Consistency Of Performance

    Consistency Of 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.

    Relative Size

    Relative 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 Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

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

    Equity Funds

    Debt Funds

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    About L&T Triple Ace Bond Fund (DP-6M)

    About L&T Triple Ace Bond Fund (DP-6M)

    L&T Triple Ace Bond Fund (DP-6M) is a corporate bond debt fund and has delivered an annualised return of % over a period of 24 years .The fund was previously known as L&T Triple Ace HY Div.The fund is managed by L&T Investment Management Ltd.The fund managers are Jalpan Shah, Shriram Ramanathan

    L&T Triple Ace Bond Fund (DP-6M) 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 (DP-6M) NAV,AUM,Risk

    The L&T Triple Ace Bond Fund (DP-6M) fund was launched on Mar 31, 1997. The NAV (Net Asset Value) of this corporate bond debt as of 2021-04-19 is ₹ 17.1522. The total AUM (Asset Under Management) of the fund as of 2021-04-20 is ₹ 6150.594. The category risk of the L&T Triple Ace Bond Fund (DP-6M) fund is Moderate Risk. The fund charges 0.63 % as expense ratio.

    L&T Triple Ace Bond Fund (DP-6M) Holdings

    The fund’s highest allocation is towards debt and has invested 93.5% in this asset class. The top three holdings of the fund are 7.26% govt stock 2029,7.17% govt stock 2028 and 6.45% govt stock 2029

    L&T Triple Ace Bond Fund (DP-6M) 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 (DP-6M) 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 .

    L&T Triple Ace Bond Fund (DP-6M) Review

    L&T Triple Ace Bond Fund (DP-6M) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, L&T Triple Ace Bond Fund (DP-6M) has a score of 4 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.

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