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Fincash » Mutual Funds » L T Tax Advantage Fund

L&T Tax Advantage Fund - G

NAV  ₹41.847 ↓ 1.50   (3.73 %) as on 9 Apr 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 10.7% 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 9 Apr 20₹41.847 ↓ 1.50   (3.73 %)
Net Assets (AUM) as on 29 Feb 2020 ₹3,206 Cr.
Launch Date27 Feb 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio1.42
Expense Ratio2.21 %
Sharpe Ratio0.264
Information Ratio-0.56
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 9 Apr 20

DurationReturns
1 Month -15.7%
3 Month -25.4%
6 Month -18.5%
1 Year -22.2%
3 Year -4%
5 Year 1.6%
10 Year
15 Year
Since launch 10.7%

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 Mar 15₹10,000
31 Mar 16₹9,570
31 Mar 17₹12,483
31 Mar 18₹14,471
31 Mar 19₹14,403
31 Mar 20₹10,491
L&T Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.57%
Equity97.76%
Other0.67%
L&T Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services34.13%
Basic Materials13.44%
Consumer Cyclical11.26%
Health Care10.78%
Technology10.03%
Industrials6.45%
Energy4.38%
Communication Services3.93%
Consumer Defensive3.36%
L&T Tax Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
Banks - Regional6%₹183 Cr3,684,800
↓ -644,200
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
Banks - Regional5%₹173 Cr1,470,500
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
Banks - Regional4%₹135 Cr834,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
Telecom Services4%₹126 Cr2,403,800
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
Oil & Gas Refining & Marketing4%₹113 Cr853,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
Information Technology Services3%₹100 Cr1,370,200
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
Information Technology Services3%₹95 Cr476,300
↓ -158,700
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
Information Technology Services3%₹94 Cr1,758,400
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
Engineering & Construction3%₹92 Cr778,000
↓ -75,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
Mortgage Finance3%₹87 Cr399,000
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Fund Managers

NameSinceTenure
Venugopal Manghat17 Dec 190.04 Yr.
Vihang Naik17 Dec 190.04 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
₹41.847
↑ 1.50
-18.53 %-22.19 %-3.97 %1.6 %
L&T Tax Advantage Fund
Normal Dividend, Payout
₹15.147
↑ 0.54
-19.58 %-23.2 %-4.97 %0.96 %
Data as on 9 Apr 20

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