L&T TRIPLE ACE BOND FUND

Data as on June 30, 2021

 
 
 

L&T TRIPLE ACE BOND FUND

Data as on June 30, 2021

 
 

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.




Date of Inception
Regular Plan March 31, 1997
Direct Plan January 01, 2013
Fund Manager
Mr. Shriram Ramanathan (w.e.f. June 30, 2014)
& Mr. Jalpan Shah (w.e.f. April 03, 2017)
Benchmark
CRISIL Corporate Bond Composite Index
Month end AUM
8289.79 (Rs In Crs)
Monthly Average AUM
8,095.75 (Rs In Crs)
Options
•Growth
•IDCW (Reinvestment and Payout)
1.Quarterly IDCW
2. Semi-Annual IDCW
3. Annual IDCW

Name Of Instrument
Rating/Industry
% to Net
Assets

DEBT INSTRUMENTS
GOVERNMENT BONDS
➧ 07.26% GOI 14-JAN-2029 SOVEREIGN 9.83%
➧ 07.17% GOI 08-JAN-2028 SOVEREIGN 9.66%
➧ 06.79% GOI 15-MAY-2027 SOVEREIGN 7.35%
6.47% MAHARSHTRA SDL 21-OCT-2028 SOVEREIGN 0.60%
06.45% GOI 7-OCT-2029 SOVEREIGN 0.31%
Total 27.75%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ National Bank for Agriculture & Rural Development ICRA AAA/CRISIL AAA /IND AAA 9.80%
➧ Indian Railway Finance Corporation Limited CARE AAA/CRISIL AAA 9.48%
➧ National Highways Authority of India CRISIL AAA 9.30%
➧ Power Grid Corporation of India Limited CRISIL AAA 7.34%
➧ NTPC Limited CRISIL AAA 6.62%
➧ Export Import Bank of India CRISIL AAA 5.40%
➧ Rec Limited CRISIL AAA 4.58%
Name Of Instrument
Rating/Industry
% to Net
Assets

Housing and Urban Development Corporation Limited CARE AAA/ICRA AAA 4.13%
HDFC Bank Limited CRISIL AAA 3.37%
Housing Development Finance Corporation Limited CRISIL AAA 3.30%
Indian Oil Corporation Limited CRISIL AAA 1.65%
Nuclear Power Corporation Of India Limited CRISIL AAA 1.14%
Food Corporation of India Limited CRISIL AAA (CE) 0.82%
NHPC Limited CARE AAA 0.82%
Total 67.75%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 4.91%
Net Receivable/Payable -0.40%
Net Assets 100.00%
Average Maturity 7.15 years
Modified Duration 5.24 years
Macaulay Duration 5.49 years
YTM 6.48%
➧ Indicates top ten instruments






Exit Load: If the amount sought to be redeemed or switched out on or before 3 months from the date of allotment: 0.50%. If the amount sought to be redeemed or switched out is invested for a period of more than 3 months from the date of allotment: Nil (w.e.f. April 09, 2021)
For details of the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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