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Fincash » Mutual Funds » L T Tax Advantage Fund

L&T Tax Advantage Fund - G

NAV  ₹118.669 ↑ 1.29  (1.10 %) as on 17 May 24

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 14.5% since its launch.  Ranked 7 in ELSS category.  Return for 2023 was 28.4% , 2022 was -3% and 2021 was 30.3% .

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

NAV as on 17 May 24₹118.669 ↑ 1.29  (1.10 %)
Net Assets (AUM) as on 30 Apr 2024 ₹3,889 Cr.
Launch Date27 Feb 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio6.1
Expense Ratio1.98 %
Sharpe Ratio2.846
Information Ratio-0.13
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 17 May 24

DurationReturns
1 Month 6.5%
3 Month 10.6%
6 Month 25.9%
1 Year 43.1%
3 Year 19.9%
5 Year 18%
10 Year
15 Year
Since launch 14.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
30 Apr 19₹10,000
30 Apr 20₹8,402
30 Apr 21₹12,591
30 Apr 22₹14,387
30 Apr 23₹15,046
30 Apr 24₹21,653
L&T Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.04%
Equity97.96%
L&T Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Industrials24.57%
Financial Services22.01%
Consumer Cyclical17.05%
Technology10%
Energy6.3%
Health Care4.05%
Basic Materials3.86%
Utility3.67%
Real Estate3.37%
Consumer Defensive2.03%
Communication Services1.05%
L&T Tax Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT
Engineering & Construction5%₹168 Cr447,600
↓ -126,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing4%₹160 Cr537,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
Banks - Regional4%₹141 Cr971,700
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
Banks - Regional3%₹126 Cr1,155,500
CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 30 Apr 22 | 500093
Electrical Equipment & Parts3%₹114 Cr2,107,000
↓ -379,300
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENT
Information Technology Services3%₹112 Cr281,200
KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | 542651
Information Technology Services3%₹98 Cr662,200
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
Information Technology Services3%₹93 Cr622,100
Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | 500251
Apparel Retail2%₹79 Cr199,227
Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 543320
Internet Retail2%₹78 Cr4,258,282
↓ -648,518
1 - 10 of 93
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Fund Managers

NameSinceTenure
Gautam Bhupal26 Nov 221.35 Yr.
Sonal Gupta21 Jul 212.7 Yr.
Abhishek Gupta1 Mar 240.08 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
₹26.7194
↑ 0.09
13.08 %28.08 %15.58 %13.81 %
Essel Long Term Advantage Fund
Normal Dividend, Payout
₹26.7171
↑ 0.09
13.07 %28.06 %15.57 %13.81 %
Data as on 17 May 24

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