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Fincash » Mutual Funds » L T Tax Advantage Fund

L&T Tax Advantage Fund - G

NAV  ₹54.164 ↑ 0.18  (0.34 %) as on 20 Oct 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 12.2% 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 20 Oct 20₹54.164 ↑ 0.18  (0.34 %)
Net Assets (AUM) as on 30 Sep 2020 ₹3,087 Cr.
Launch Date27 Feb 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio0.21
Expense Ratio2.04 %
Sharpe Ratio0.049
Information Ratio-1.14
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 20 Oct 20

DurationReturns
1 Month 0.8%
3 Month 9.2%
6 Month 25.8%
1 Year 2%
3 Year 0.2%
5 Year 7.2%
10 Year
15 Year
Since launch 12.2%

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
30 Sep 15₹10,000
30 Sep 16₹11,313
30 Sep 17₹13,967
30 Sep 18₹14,109
30 Sep 19₹13,963
30 Sep 20₹14,041
L&T Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.5%
Equity96.48%
Other0.02%
L&T Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services20.96%
Health Care14.97%
Technology14.27%
Basic Materials13.38%
Consumer Cyclical12.7%
Energy6.82%
Industrials5.37%
Consumer Defensive5.31%
Communication Services1.86%
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%₹183 Cr818,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
Information Technology Services5%₹143 Cr1,758,400
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
Information Technology Services4%₹138 Cr1,370,200
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
Banks - Regional4%₹128 Cr3,605,800
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
Information Technology Services4%₹123 Cr491,900
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
Banks - Regional3%₹92 Cr853,400
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
Banks - Regional3%₹86 Cr675,107
Abbott India Ltd (Healthcare)
Equity, Since 28 Feb 19 | 500488
Drug Manufacturers - General3%₹82 Cr50,000
Emami Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 531162
Household & Personal Products3%₹82 Cr2,333,743
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 07 | ITC
Tobacco3%₹82 Cr4,771,387
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Fund Managers

NameSinceTenure
Venugopal Manghat17 Dec 190.79 Yr.
Vihang Naik17 Dec 190.79 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
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
₹54.164
↑ 0.18
25.76 %2.04 %0.24 %7.17 %
L&T Tax Advantage Fund
Normal Dividend, Payout
₹19.605
↑ 0.07
25.76 %0.71 %-0.81 %6.5 %
Data as on 20 Oct 20

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