L&T Tax Advantage Fund Direct Dividend+0.24%

3.77%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Tax Advantage Fund Direct Dividend

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.36%
NAV25.37 (23 Oct 2020)
Fund Started01 Jan 2013
Fund Size3,087 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Tax Advantage Fund Direct Dividend
3.8%
1.0%
8.1%
11.9%
Category Average
3.0%
2.4%
7.3%
-
Rank within category
18
25
17
-
*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
    0
    with 3.8% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity5.9%
    HCL Technologies Ltd.TechnologyEquity4.6%
    Infosys Ltd.TechnologyEquity4.5%
    ICICI Bank Ltd.FinancialEquity4.1%
    Tata Consultancy Services Ltd.TechnologyEquity4.0%
    HDFC Bank Ltd.FinancialEquity3.0%
    Kotak Mahindra Bank Ltd.FinancialEquity2.8%
    Abbott India Ltd.HealthcareEquity2.7%
    Emami Ltd.FMCGEquity2.7%
    ITC Ltd.FMCGEquity2.6%
    See All

    Fund Managers

    addVenugopal Manghat
    Education
    Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
    Experience
    Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
    Funds Managed
    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 Mutual Fund.
    Funds Managed
    addVihang Naik
    Education
    Mr. Naik is a CFA and TYBMS.
    Experience
    Prior to joining L&T Mutual Fund he was associated with L&T Investment Management Limited (Jul 2012-Jun 2016) as an Analyst and with MF Global Sify securities (Mar 2010-Jul 2012, Motilal Oswal Securities (May 2008-Mar 2010), SBICAP Securities (Oct 2006-Apr 2008) as Research Analyst.
    Funds Managed

    L&T Tax Advantage Fund Direct Dividend Details

    L&T Tax Advantage Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Soumendra Nath Lahiri is the Current Fund Manager of L&T Tax Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,087 Cr and the Latest NAV as of 23 Oct 2020 is ₹25.37.

    The L&T Tax Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500.

    Investment Objective

    The scheme aims 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)

    Not Supported
    Min for First Investment
    Not Supported
    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
    03 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,
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