L&T Tax Advantage Fund Direct Dividend-0.19%

3Groww
-9.73%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Tax Advantage Fund Direct Dividend

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.54%
NAV24.27 (16 Sep 2019)
Fund Started01 Jan 2013
Fund Size3,153 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Tax Advantage Fund Direct Dividend
-9.7%
6.8%
9.2%
12.7%
Category Average
-12.5%
6.8%
11.9%
-
Rank within category
32
15
13
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -9.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Higher expense ratio
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity6.7%
    HDFC Bank Ltd.FinancialEquity6.3%
    Tata Consultancy Services Ltd.TechnologyEquity5.6%
    Reliance Industries Ltd.EnergyEquity3.8%
    Kotak Mahindra Bank Ltd.FinancialEquity3.5%
    Infosys Ltd.TechnologyEquity3.4%
    Larsen & Toubro Ltd.ConstructionEquity3.2%
    HCL Technologies Ltd.TechnologyEquity3.1%
    Future Retail Ltd.ServicesEquity3.0%
    Bharti Airtel Ltd.CommunicationEquity3.0%
    See All

    Fund Managers

    addSoumendra Nath Lahiri
    Education
    Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
    Experience
    Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Black Rock Investment Managers Pvt. Ltd.
    Funds Managed

    Other Details

    L&T Tax Advantage Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Soumendra Nath Lahiri is the Current Fund Manager of L&T Tax Advantage Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,153 Cr and the Latest NAV as of 16 Sep 2019 is ₹24.27.

    The L&T Tax Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. Nil.

    Investment Objective

    The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹1
    Min for Second Investment
    Nil
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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    + ₹1,000
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