L&T Triple Ace Bond Fundᵟ

Data as on March 31, 2019


L&T Triple Ace Bond Fundᵟ

Data as on March 31, 2019


Fund Details

NAV of Plans/Options
(as on March 29, 2019)

Rs
Quarterly Dividend - Regular Plan
10.8563
Semi Annual Dividend - Regular Plan
15.3534
Annual Dividend - Regular Plan
10.7448
Growth Plan - Regular Plan
46.4139
Bonus - Regular Plan
17.6303
Quarterly Dividend - Direct Plan
11.1029
Semi Annual Dividend - Direct Plan
17.7712
Annual Dividend - Direct Plan
10.7482
Growth Plan - Direct Plan
48.4040
Date of Inception :
Regular PlanMarch 31, 1997
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.62% (Regular)
0.25% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend (Reinvestment and Payout)
1. Quarterly Dividend
2. Semi-Annual Dividend
3. Annual Dividend
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption Size Rs 500 or 50 units
Fund ManagerMr. Shriram Ramanathan and Mr. Jalpan Shah (w.e.f. April 03, 2017)
BenchmarkCRISIL Composite Bond Fund Index
Monthly Average AUM (Rs In Crs) 643.99
Month end AUM(Rs In Crs) 879.25


Portfolio Allocation
Name Of Instrument
Rating/Industry
% to Net
Assets

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Highways Authority of India CRISIL AAA 7.47%
LIC Housing Finance Limited CRISIL AAA 7.26%
Housing Development Finance Corporation Limited CRISIL AAA 7.07%
Power Grid Corporation of India Limited CRISIL AAA 6.22%
Food Corporation of India Limited CRISIL AAA(SO) 5.92%
HDFC Bank Limited CRISIL AAA 5.60%
National Bank for Agriculture & Rural Development CRISIL AAA 5.19%
Export Import Bank Of India CRISIL AAA 4.94%
Housing and Urban Development Corporation Limited CARE AAA 4.25%
NTPC Limited CRISIL AAA 4.15%
Name Of Instrument
Rating/Industry
% to Net
Assets

Reliance Industries Limited CRISIL AAA 4.10%
Indian Railway Finance Corporation Limited CARE AAA 3.73%
Housing and Urban Development Corporation Limited ICRA AAA 2.93%
Indian Railway Finance Corporation Limited CRISIL AAA 3.47%
Nuclear Power Corporation Of India Limited CRISIL AAA 2.30%
HDB Financial Services Limited CRISIL AAA 2.25%
National Bank for Agricultural & Rural Development CRISIL AAA 2.04%
NHPC Limited CARE AAA 1.16%
Rec Limited CRISIL AAA 1.14%
Total 81.19%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 14.55%
Net Receivable/Payable 4.26%
Grand Total 100.00%
Average Maturity 7.72 years
Modified Duration 5.08 years
YTM 8.31%


Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective: To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.ᵟ
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 other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
ᵟPursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018.
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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