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Fincash » Mutual Funds » L T Tax Advantage Fund

L&T Tax Advantage Fund - G

NAV  ₹49.765 ↓ -0.21  (-0.42 %) as on 3 Aug 20

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 11.8% since its launch.  Ranked 7 in ELSS category.  Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% .

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

NAV as on 3 Aug 20₹49.765 ↓ -0.21  (-0.42 %)
Net Assets (AUM) as on 30 Jun 2020 ₹2,843 Cr.
Launch Date27 Feb 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio-1.31
Expense Ratio2.21 %
Sharpe Ratio-0.31
Information Ratio-1.1
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 3 Aug 20

DurationReturns
1 Month 2.9%
3 Month 10.7%
6 Month -9.2%
1 Year -1.2%
3 Year -1.3%
5 Year 4.6%
10 Year
15 Year
Since launch 11.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
2013 6.8%
2012 27.4%
2011 -21.8%

Growth of 10k Over Years

DateValue
31 Jul 15₹10,000
31 Jul 16₹10,424
31 Jul 17₹13,149
31 Jul 18₹14,279
31 Jul 19₹12,847
31 Jul 20₹12,577
L&T Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.9%
Equity98.09%
Other0.02%
L&T Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services23.15%
Health Care14.91%
Basic Materials14.04%
Technology11.81%
Consumer Cyclical11.25%
Energy6.48%
Industrials6.11%
Consumer Defensive5.08%
Communication Services4.22%
L&T Tax Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
Oil & Gas Refining & Marketing6%₹163 Cr955,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
Banks - Regional5%₹153 Cr1,436,100
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
Telecom Services4%₹120 Cr2,142,500
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
Information Technology Services4%₹102 Cr491,900
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
Information Technology Services4%₹101 Cr1,370,200
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
Information Technology Services3%₹98 Cr1,758,400
Shree Cement Ltd (Basic Materials)
Equity, Since 30 Nov 19 | 500387
Building Materials3%₹93 Cr40,300
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 07 | ITC
Tobacco3%₹93 Cr4,771,387
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
Banks - Regional3%₹92 Cr675,107
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 15 | SUNPHARMA
Drug Manufacturers - Specialty & Generic3%₹81 Cr1,703,600
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Fund Managers

NameSinceTenure
Venugopal Manghat17 Dec 190.54 Yr.
Vihang Naik17 Dec 190.54 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 Svcs
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
L&T Mutual Fund6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E)

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
L&T Tax Advantage Fund
Growth
₹49.765
↓ -0.21
-9.22 %-1.22 %-1.33 %4.59 %
L&T Tax Advantage Fund
Normal Dividend, Payout
₹18.013
↓ -0.08
-9.96 %-2.5 %-2.36 %3.93 %
Data as on 3 Aug 20

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