L&T Triple Ace Bond Fundᵟ

Data as on October 31, 2018


L&T Triple Ace Bond Fundᵟ

Data as on October 31, 2018


Fund Details

NAV of Plans/Options
(as on October 31, 2018)

Rs
Quarterly Dividend - Regular Plan
10.6584
Semi Annual Dividend - Regular Plan
14.9101
Annual Dividend - Regular Plan
10.6918
Growth Plan - Regular Plan
43.9221
Bonus - Regular Plan
16.6838
Quarterly Dividend - Direct Plan
10.8792
Semi Annual Dividend - Direct Plan
17.2255
Growth Plan - Direct Plan
45.7521
Date of Inception :
Regular PlanMarch 31, 1997
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.68% (Regular)
0.48% (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 SizeRs500 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) 345.14
Month end AUM(Rs In Crs) 359.34


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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Rural Electrification Corporation Limited CRISIL AAA 9.60%
National Bank for Agriculture & Rural Development CRISIL AAA 9.58%
Housing Development Finance Corporation Limited CRISIL AAA 7.00%
LIC Housing Finance Limited CRISIL AAA 6.98%
Reliance Industries Limited CRISIL AAA 6.98%
Power Finance Corporation Limited CRISIL AAA 6.60%
Export Import Bank Of India CRISIL AAA 6.49%
Name Of Instrument
Rating/Industry
% to Net
Assets

Indian Railway Finance Corporation Limited CARE AAA 6.39%
Nuclear Power Corporation Of India Limited CRISIL AAA 5.41%
HDB Financial Services Limited CRISIL AAA 5.36%
Power Grid Corporation of India Limited CRISIL AAA 5.31%
NHPC Limited CARE AAA 2.74%
Total 78.44%
Others
CBLO / Reverse Repo   21.28%
Net Receivable/Payable   0.28%
Grand Total 100.00%
Average Maturity 7.48 years
Modified Duration 4.91 years
YTM 8.85%


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: For redemption within 2 years from the date of allotment or Purchase applying First in First out basis – 0.5% of Applicable NAV. For redemption After 2 years from the date of allotment or Purchase applying First in First out basis - Nil (w.e.f. July 16, 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'

pdf