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Fincash » Mutual Funds » L T Tax Advantage Fund

L&T Tax Advantage Fund - G

NAV  ₹85.5858 ↑ 0.26  (0.30 %) as on 5 Jun 23

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 13.2% since its launch.  Ranked 7 in ELSS category.  Return for 2022 was -3% , 2021 was 30.3% and 2020 was 13.5% .

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

NAV as on 5 Jun 23₹85.5858 ↑ 0.26  (0.30 %)
Net Assets (AUM) as on 30 Apr 2023 ₹3,054 Cr.
Launch Date27 Feb 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio0.36
Expense Ratio1.97 %
Sharpe Ratio-0.015
Information Ratio-0.73
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 5 Jun 23

DurationReturns
1 Month 5.6%
3 Month 9.6%
6 Month 4.5%
1 Year 17.3%
3 Year 22.5%
5 Year 9.6%
10 Year
15 Year
Since launch 13.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 -3%
2021 30.3%
2020 13.5%
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%

Growth of 10k Over Years

DateValue
31 May 18₹10,000
31 May 19₹9,783
31 May 20₹7,878
31 May 21₹12,662
31 May 22₹13,088
31 May 23₹15,117
L&T Tax Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.84%
Equity98.16%
L&T Tax Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services26.53%
Consumer Cyclical16.25%
Industrials15.74%
Technology11.41%
Consumer Defensive9.29%
Basic Materials7.46%
Energy5.59%
Health Care3.98%
Utility1.91%
L&T Tax Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
Banks - Regional9%₹287 Cr1,698,800
↑ 180,800
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
Banks - Regional6%₹185 Cr2,013,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing6%₹171 Cr705,600
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT
Engineering & Construction4%₹136 Cr574,100
Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | INDHOTEL
Lodging4%₹123 Cr3,618,800
↓ -621,700
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO
Building Materials3%₹104 Cr137,800
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Jul 22 | HINDUNILVR
Household & Personal Products3%₹103 Cr419,300
KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH
Information Technology Services3%₹97 Cr1,059,800
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Dec 21 | CHOLAFIN
Credit Services3%₹97 Cr1,114,400
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENT
Information Technology Services3%₹96 Cr203,300
↓ -16,800
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Fund Managers

NameSinceTenure
Gautam Bhupal26 Nov 220.43 Yr.
Cheenu Gupta2 Jul 211.83 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
L&T Tax Advantage Fund
Growth
₹85.5858
↑ 0.26
4.49 %17.25 %22.48 %9.59 %
L&T Tax Advantage Fund
Normal Dividend, Payout
₹23.4871
↑ 0.07
-4.66 %6.81 %18.53 %6.88 %
Data as on 5 Jun 23

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