| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.44% |
| NAV | ₹50.60 (14 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,843 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.7% |
| HDFC Bank Ltd. | Financial | Equity | 5.4% |
| Bharti Airtel Ltd. | Communication | Equity | 4.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.6% |
| Infosys Ltd. | Technology | Equity | 3.5% |
| HCL Technologies Ltd. | Technology | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.3% |
| Shree Cement Ltd. | Construction | Equity | 3.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.2% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.8% |
L&T Tax Advantage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,843 Cr and the Latest NAV as of 14 Jul 2020 is ₹50.60.
The L&T Tax Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.