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Fincash » Mutual Funds » L T Tax Advantage Fund

L&T Tax Advantage Fund - G

NAV  ₹98.076 ↑ 1.62  (1.68 %) as on 4 Dec 23

Scheme Objective

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR return of 13.7% since its launch.  Ranked 7 in ELSS category.  Return for 2022 was -3% , 2021 was 30.3% and 2020 was 13.5% .

Below is the key information for L&T Tax Advantage Fund

NAV as on 4 Dec 23₹98.076 ↑ 1.62  (1.68 %)
Net Assets (AUM) as on 31 Oct 2023 ₹3,191 Cr.
Launch Date27 Feb 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio0.76
Expense Ratio1.98 %
Sharpe Ratio0.349
Information Ratio-0.69
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Dec 23

DurationReturns
1 Month 8.2%
3 Month 7.3%
6 Month 14.9%
1 Year 19.7%
3 Year 17.6%
5 Year 13%
10 Year
15 Year
Since launch 13.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 -3%
2021 30.3%
2020 13.5%
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%

Growth of 10k Over Years

DateValue
30 Nov 18₹10,000
30 Nov 19₹10,318
30 Nov 20₹11,115
30 Nov 21₹14,667
30 Nov 22₹15,337
30 Nov 23₹17,946
L&T Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.45%
Equity98.55%
L&T Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services29.34%
Industrials21.37%
Consumer Cyclical18.19%
Technology14%
Health Care5.01%
Consumer Defensive4.9%
Energy3.24%
Basic Materials1.98%
Real Estate0.52%
L&T Tax Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
Banks - Regional7%₹213 Cr1,445,300
↓ -161,900
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT
Engineering & Construction5%₹168 Cr574,100
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
Banks - Regional5%₹166 Cr1,811,100
KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH
Information Technology Services4%₹129 Cr1,059,800
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Dec 21 | CHOLAFIN
Credit Services4%₹127 Cr1,114,400
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing3%₹103 Cr451,600
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENT
Information Technology Services3%₹101 Cr163,900
CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 30 Apr 22 | 500093
Electrical Equipment & Parts3%₹97 Cr2,486,300
Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | 500850
Lodging3%₹86 Cr2,251,800
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
Information Technology Services3%₹85 Cr622,100
1 - 10 of 73
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Fund Managers

NameSinceTenure
Gautam Bhupal26 Nov 220.93 Yr.
Cheenu Gupta2 Jul 212.33 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HSBC Mutual Fund16, V N Road, Fort, Mumbai 400 001

Auditors

CompanyAddress
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Essel Long Term Advantage Fund
Growth
₹24.4578
↑ 0.31
14.02 %14.55 %16.35 %12.19 %
Essel Long Term Advantage Fund
Normal Dividend, Payout
₹24.4585
↑ 0.31
14.02 %14.54 %16.35 %12.18 %
Data as on 4 Dec 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.