Table of Contents 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 Below is the key information for L&T Tax Advantage Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis L&T Tax Advantage Fund - G
Scheme Objective
CAGR
return of 14.9% since its launch. Ranked 7 in ELSS
category. Return for 2023 was 28.4% , 2022 was -3% and 2021 was 30.3% . NAV as on 2 Dec 24 ₹135.411 ↑ 0.78 (0.58 %) Net Assets (AUM) as on 31 Oct 2024 ₹4,253 Cr. Launch Date 27 Feb 2006 Category Equity - ELSS Rating ☆☆☆☆ Type Open Ended Fund Risk Moderately High AMC L&T Investment Management Ltd Alpha Ratio 11.67 Expense Ratio 1.89 % Sharpe Ratio 2.723 Information Ratio 0.6 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Dec 24 Duration Returns 1 Month 2.5% 3 Month 0.1% 6 Month 14.2% 1 Year 40.4% 3 Year 19.4% 5 Year 19.7% 10 Year 15 Year Since launch 14.9% Historical Annual Returns
Year Returns 2023 28.4% 2022 -3% 2021 30.3% 2020 13.5% 2019 4.6% 2018 -8.1% 2017 42.3% 2016 8.1% 2015 2.9% Growth of 10k Over Years
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹10,772 30 Nov 21 ₹14,216 30 Nov 22 ₹14,865 30 Nov 23 ₹17,393 30 Nov 24 ₹24,422 Asset Allocation
Asset Class Value Cash 0.39% Equity 99.61% Sector Allocation
Sector Value Financial Services 23.1% Industrials 20.71% Consumer Cyclical 17.12% Technology 10.45% Basic Materials 6.44% Health Care 5.38% Energy 4.3% Utility 3.83% Consumer Defensive 3.66% Real Estate 2.84% Communication Services 1.78% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANKBanks - Regional 4% ₹201 Cr 1,162,500 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANKBanks - Regional 3% ₹147 Cr 1,155,500 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCEOil & Gas Refining & Marketing 3% ₹141 Cr 475,906
↓ -61,694 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFYInformation Technology Services 3% ₹132 Cr 703,100 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | 500251Apparel Retail 3% ₹120 Cr 158,100 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LTEngineering & Construction 2% ₹111 Cr 301,450 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENTInformation Technology Services 2% ₹101 Cr 184,700 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 543320Internet Retail 2% ₹95 Cr 3,493,588 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFINCredit Services 2% ₹92 Cr 258,300 KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECHInformation Technology Services 2% ₹84 Cr 518,700
Talk to our investment specialistFund Managers
Name Since Tenure Gautam Bhupal 26 Nov 22 1.93 Yr. Sonal Gupta 21 Jul 21 3.28 Yr. Abhishek Gupta 1 Mar 24 0.67 Yr. Custodians
Company Address Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address HSBC Mutual Fund 16, V N Road, Fort, Mumbai 400 001 Auditors
Company Address M/s. Price Waterhouse India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Essel Long Term Advantage Fund
Growth ₹29.2265
↑ 0.13 9.64 % 21.05 % 12.41 % 14.56 % Essel Long Term Advantage Fund
Normal Dividend, Payout ₹29.2237
↑ 0.13 9.64 % 21.04 % 12.4 % 14.55 % Data as on 2 Dec 24