| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.36% |
| NAV | ₹57.20 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,087 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| HCL Technologies Ltd. | Technology | Equity | 4.6% |
| Infosys Ltd. | Technology | Equity | 4.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.0% |
| HDFC Bank Ltd. | Financial | Equity | 3.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.8% |
| Abbott India Ltd. | Healthcare | Equity | 2.7% |
| Emami Ltd. | FMCG | Equity | 2.7% |
| ITC Ltd. | FMCG | Equity | 2.6% |
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 ₹3,087 Cr and the Latest NAV as of 23 Oct 2020 is ₹57.20.
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 scheme aims 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%.