Fund Performance
Lumpsum
SIP
20.74
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,601 today.
NAV Performance
Fund Information
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₹ 91.558
as on 22 Sep 2023 -
Regular - Growth
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24 / 37
-
₹ 500
-
₹ 3,054 Cr.
as on 31 May 2023 -
2%
-
27 Feb 2006
-
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
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About Cheenu Gupta
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About 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
Top Sector Holdings of L&T Tax Advantage Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 1.55% |
| Net Receivables | 0.63% |