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L&T Tax Advantage Fund

L&T Tax Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

27.85

as on 24 Mar 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,898 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

  • ₹ 75.754

    as on 24 Mar 2023
  • Regular - Growth

  • 21 / 37

  • ₹ 500

  • ₹ 3,457 Cr.

    as on 31 Dec 2021
  • 1.98%

  • 27 Feb 2006

  • Equity - ELSS

  • S&P BSE 500 TRI

  • L&T Mutual Fund

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  • 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 ₹ 75.754 as on 24 Mar 2023.

This fund has 17 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.98%. Ideally you shoulds compare this fund with the benchmark S&P BSE 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 Venugopal M

    Picture of Venugopal M

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 -1.29% 0.68% 2.41% 17.83% 32.94% 52.03% 20.36% 21.24% 6.22% 9.09% 23.90% 24.09% 20.80%
Category Average -2.71% -3.54% -3.44% 0.03% 9.98% 29.50% 10.18% 14.39% -2.12% 1.59% 12.51% 11.79% 12.16%
L&T Tax Advantage Fund -2.68%₹ 9,731 -1.96%₹ 9,803 -3.99%₹ 9,600 -3.30%₹ 9,670 -1.83%₹ 11,882 7.09%₹ 11,467 0.45%₹ 24,113 27.85%₹ 20,898 10.33%₹ 42,025 7.21%₹ 14,167 9.35%₹ 75,911 13.22%₹ 34,647 10.62%₹ 2,08,142
DSP Tax Saver Fund -3.06%₹ 9,693 -3.71%₹ 9,628 -2.77%₹ 9,723 -0.27%₹ 9,972 -2.30%₹ 11,851 10.82%₹ 12,281 1.72%₹ 24,428 32.43%₹ 23,227 13.91%₹ 44,259 12.45%₹ 17,993 13.69%₹ 84,536 16.31%₹ 45,398 13.95%₹ 2,48,545
Mirae Asset Tax Saver Fund -2.84%₹ 9,715 -3.32%₹ 9,667 -2.66%₹ 9,733 -1.75%₹ 9,825 -3.31%₹ 11,785 8.65%₹ 11,804 0.45%₹ 24,112 33.68%₹ 23,886 13.04%₹ 43,713 13.93%₹ 19,206 13.98%₹ 85,152 - -
Quant Tax Plan -1.29%₹ 9,870 -6.54%₹ 9,346 -11.14%₹ 8,885 -0.70%₹ 9,930 -7.33%₹ 11,522 18.76%₹ 14,104 3.69%₹ 24,926 52.03%₹ 35,137 23.90%₹ 50,917 20.36%₹ 25,280 24.09%₹ 1,08,892 21.24%₹ 68,776 20.80%₹ 3,59,581
BOI AXA Tax Advantage Fund -1.93%₹ 9,806 -3.78%₹ 9,621 -4.72%₹ 9,527 -1.44%₹ 9,855 -1.62%₹ 11,896 10.74%₹ 12,264 1.14%₹ 24,285 31.41%₹ 22,691 13.48%₹ 43,991 12.11%₹ 17,722 15.35%₹ 88,056 15.91%₹ 43,851 14.46%₹ 2,55,518
Canara Robeco Equity Tax Saver Fund -2.91%₹ 9,709 -4.05%₹ 9,595 -4.71%₹ 9,529 -0.84%₹ 9,915 -3.10%₹ 11,799 9.07%₹ 11,896 0.67%₹ 24,166 30.14%₹ 22,038 12.27%₹ 43,227 14.31%₹ 19,529 13.98%₹ 85,147 14.82%₹ 39,870 13.74%₹ 2,45,841

Portfolio Holdings

Portfolio holdings pattern of L&T Tax Advantage Fund as on 26 Mar 2023 are listed below:

  • Equity Holdings:

    99.17%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.83%

Top Sector Holdings of L&T Tax Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Computers - Software 19.40% ₹ 714.03 Cr.
Banks 15.16% ₹ 541.79 Cr.
Refineries/Marketing 6.73% ₹ 240.63 Cr.
Auto ancillaries 5.99% ₹ 213.86 Cr.
NBFC 5.91% ₹ 211.30 Cr.
Others 46.81% -

Top Stock Holdings of L&T Tax Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 6.91% ₹ 247.03 Cr.
Reliance Industries Ltd. 6.73% ₹ 240.63 Cr.
Infosys Ltd. 6.66% ₹ 237.91 Cr.
Ultratech Cement Ltd. 3.23% ₹ 115.31 Cr.
Bajaj Finance Ltd. 3.13% ₹ 111.80 Cr.
Others 73.34% -

Other Holdings

Holding TypeHolding Percentage
TREPS 0.89%
Net Receivables -0.06%