L&T TRIPLE ACE BOND FUND

Data as on June 30, 2022

 
 
 

L&T TRIPLE ACE BOND FUND

Data as on June 30, 2022

 
 

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
NIFTY Corporate Bond Index B-III
Month end AUM
7,219.68 (Rs In Crs)
Monthly Average AUM
7,372.44 (Rs In Crs)
Options
•Growth
•IDCW (Reinvestment and Payout)
1.Quarterly IDCW
2. Semi-Annual IDCW
3. Annual IDCW

Name Of Instrument
Rating
% to Net
Assets

DEBT INSTRUMENTS
GOVERNMENT BONDS
➧ 07.26% GOI 14-01-2029 SOVEREIGN 8.19%
➧ 06.79% GOI 15-05-2027 SOVEREIGN 7.27%
➧ 07.17% GOI 08-01-2028 SOVEREIGN 6.54%
6.47% MAHARSHTRA SDL 21-10-2028 SOVEREIGN 0.66%
Total 22.66%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ National Highways Authority of India CRISIL AAA 9.76%
➧ National Bank for Agriculture & Rural Development CRISIL AAA/ICRA AAA 9.56%
➧ Indian Railway Finance Corporation Limited CRISIL AAA 8.05%
➧ NTPC Limited CRISIL AAA 7.37%
➧ Power Grid Corporation of India Limited CRISIL AAA 6.98%
➧ Housing and Urban Development Corporation Limited CARE AAA/ICRA AAA 4.52%
Name Of Instrument
Rating
% to Net
Assets

➧ Indian Oil Corporation Limited CRISIL AAA 4.42%
Rec Limited CRISIL AAA 4.30%
ICICI Bank Limited CARE AAA 4.08%
HDFC Bank Limited CRISIL AAA 3.67%
Housing Development Finance Corporation Limited CRISIL AAA 3.61%
Export Import Bank of India CRISIL AAA 3.37%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.85%
Food Corporation of India Limited CRISIL AAA (CE) 0.60%
NHPC Limited CARE AAA 0.16%
Total 71.30%
Others
➧ Tri Party Repo Dealing System (TREPS)/Reverse Repo 6.11%
Net Receivable/Payable -0.09%
Net Assets 100.00%
Average Maturity 6.17 years
Modified Duration 4.58 years
Macaulay Duration 4.84 years
YTM 7.42%
➧ 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. June 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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