MF Gyan
debtModerate risk8 years oldAccelerating recently (last 6m ≈ 8% p.a.)

L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From L&T Mutual Fund. It's been running since 7 Mar 2019.

Latest price per unit
₹12.009
▲ 0.07% today
As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹96.5k
▼ ₹3.5k loss · -3.5% / year
Invested 3 years ago
₹1.02 L
▲ ₹2.4k gain · 0.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.78 L
Gain / loss-₹1.7k
XIRR (annualised)-0.61%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.78 L
Projected gain*+-₹1.7k
*at this fund's historical rate of -0.61% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 89 other funds in Debt Scheme - Corporate Bond Fund

Same plan
1-year return
-3.53%median 3.90% (-7.42%)
Rank #84 of 90Beats 7% of peers
3-year return
0.81%median 3.05% (-2.25%)
Rank #48 of 90Beats 36% of peers
Bumpiness (3Y)
6.98%median 2.72% (+4.26%)
Rank #66 of 90Less risky than 26% of peers
Worst-ever drop
-9.64%median -5.38% (-4.26%)
Rank #30 of 90Less risky than 67% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 4 years were positive.

+7%
2019
+7%
2020
-2%
2021
-4%
2022
Best year
2020 · 7.48%
Worst year
2022 · -3.76%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
7.0%

The value swings roughly 7% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-9.64%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year-3.53%
CAGR — 3 years0.81%
CAGR — 5 years—
CAGR — since launch2.18%
Volatility — 1 year (annualised)6.43%
Volatility — 3 years (annualised)6.98%
Max drawdown — 1 year-8.15%
Max drawdown — 3 years-9.64%
Sharpe ratio — 1 year (rf=6%)-1.51
Sharpe ratio — 3 years (rf=6%)-0.75

Fund info

Fund house
L&T Mutual Fund
Category
Debt Scheme - Corporate Bond Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
134423
First price on record
7 Mar 2019 · 885 daily prices

About L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW

L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW is a Debt Scheme - Corporate Bond Fund offered by L&T Mutual Fund under the Direct plan with the IDCW option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW is ₹12.0090 (as of 24 Nov 2022). Historically, it has delivered -3.53% over the last year, 0.81% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 7.0% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 9.6%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW?+

The latest NAV of L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW is ₹12.0090 as of 24 Nov 2022, up 0.07% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW?+

L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW has delivered 1-year return -3.53%, 3-year CAGR 0.81%, since-inception CAGR 2.18%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW belong to?+

L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW is categorised as Debt Scheme - Corporate Bond Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW?+

Based on its 3-year annualised volatility of 7.0%, L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW a direct plan?+

L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW?+

L&T Triple Ace Bond Fund - Direct Plan - Annual IDCW has NAV history available from 7 Mar 2019 — approximately 8 years of track record and 885 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.