L&T TRIPLE ACE BOND FUND

Data as on May 29, 2020

 
 
 

L&T TRIPLE ACE BOND FUND

Data as on May 29, 2020

 
 

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 and Mr. Jalpan Shah (w.e.f. April 03, 2017)
Benchmark
CRISIL Corporate Bond Composite Index
Month end AUM
3,706.29 (Rs In Crs)
Monthly Average AUM
3,505.64 (Rs In Crs)
Options
•Growth
•Dividend (Reinvestment and Payout)
- Quarterly Dividend
- Semi-Annual Dividend
- Annual Dividend

Name Of Instrument
Rating/Industry
% to Net
Assets

DEBT INSTRUMENTS
GOVERNMENT BONDS
➧ 07.26% GOI 14-JAN-2029 SOVEREIGN 4.35%
06.45% GOI 7-OCT-2029 SOVEREIGN 1.95%
Total 6.30%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ National Highways Authority of India CRISIL AAA 10.35%
➧ Export Import Bank of India CRISIL AAA 9.89%
➧ Housing Development Finance Corporation Limited CRISIL AAA 9.48%
➧ NTPC Limited CRISIL AAA 9.33%
➧ HDFC Bank Limited CRISIL AAA 7.27%
➧ National Bank for Agriculture & Rural Development CRISIL AAA 7.14%
➧ Indian Railway Finance Corporation Limited CRISIL AAA 6.55%
Housing and Urban Development Corporation Limited CARE AAA 5.62%
Indian Railway Finance Corporation Limited CARE AAA 3.88%
Name Of Instrument
Rating/Industry
% to Net
Assets

Power Grid Corporation of India Limited CRISIL AAA 3.86%
National Bank for Agriculture & Rural Development ICRA AAA 3.37%
Rec Limited CRISIL AAA 2.53%
Food Corporation of India Limited CRISIL AAA (CE) 1.82%
Housing and Urban Development Corporation Limited ICRA AAA 0.76%
Reliance Industries Limited CRISIL AAA 0.73%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.60%
NHPC Limited CARE AAA 0.30%
Total 83.48%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 5.46%
Net Receivable/Payable 4.76%
Net Assets 100.00%
Average Maturity 7.81 years
Modified Duration 5.48 years
YTM 6.71%
➧ Indicates top ten instruments






Exit Load: If the amount sought to be redeemed or switched out is invested for a period of up to 3 months from the date of allotment: 0.5%.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. December 12, 2018)
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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