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L&T Tax Advantage Fund

L&T Tax Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

20.74

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,601 today.

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NAV Performance

L&T Tax Advantage Fund performance graph for last 3 years
Performance of L&T Tax Advantage Fund for last 3 Years

Fund Information

  • ₹ 91.558

    as on 22 Sep 2023
  • Regular - Growth

  • 24 / 37

  • ₹ 500

  • ₹ 3,054 Cr.

    as on 31 May 2023
  • 2%

  • 27 Feb 2006

  • Equity - ELSS

  • Nifty 500 TRI

  • L&T Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

L&T Tax Advantage Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 27 Feb 2006. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Equity funds offered by L&T Mutual Fund.

Latest NAV of the fund is ₹ 91.558 as on 22 Sep 2023.

This fund has 17 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities

List of Fund Managers of L&T Tax Advantage Fund

  • About Cheenu Gupta

    Picture of Cheenu Gupta
  • About Gautam Bhupal

    Picture of Gautam Bhupal

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.75% 11.13% 25.95% 26.21% 32.94% 34.63% 24.02% 23.88% 37.19% 24.83% 23.35% 29.58% 22.88%
Category Average 2.08% 7.00% 18.95% 14.97% 9.09% 23.43% 13.43% 16.23% 23.94% 15.54% 16.51% 17.67% 14.29%
L&T Tax Advantage Fund 2.31%₹ 10,231 5.58%₹ 10,557 19.39%₹ 11,939 13.79%₹ 11,378 23.62%₹ 13,484 6.97%₹ 11,442 15.05%₹ 27,864 20.74%₹ 17,601 14.96%₹ 44,959 10.76%₹ 16,680 15.51%₹ 88,462 14.74%₹ 39,604 12.76%₹ 2,33,329
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437

Portfolio Holdings

Portfolio holdings pattern of L&T Tax Advantage Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    97.82%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.18%

Top Sector Holdings of L&T Tax Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 20.16% ₹ 642.41 Cr.
Computers - Software 9.46% ₹ 301.23 Cr.
Power equipment 6.97% ₹ 221.64 Cr.
Refineries/Marketing 5.47% ₹ 174.28 Cr.
NBFC 5.33% ₹ 169.79 Cr.
Others 52.61% -

Top Stock Holdings of L&T Tax Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 8.59% ₹ 273.65 Cr.
ICICI Bank Ltd. 5.65% ₹ 180.06 Cr.
Reliance Industries Ltd. 5.47% ₹ 174.28 Cr.
Larsen & Toubro Ltd. 3.98% ₹ 126.63 Cr.
Cholamandalam Investment & Finance Co. Ltd. 3.68% ₹ 117.11 Cr.
Others 72.63% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.55%
Net Receivables 0.63%