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L&T Tax Advantage Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
18.19%
3Y annualised
-1.53% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Jan 2022₹89.41
Min. SIP amount₹500
Rating2
Fund size₹3,574.93Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns32.9%18.2%15.6%15.7%
Category average54.9%14.2%14.3%NA
Rank with in category242726NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
FinancialEquity6.9%
EnergyEquity6.7%
TechnologyEquity6.7%
ConstructionEquity3.2%
FinancialEquity3.1%
TextilesEquity3.0%
FinancialEquity2.8%
TechnologyEquity2.7%
Consumer DurableEquity2.6%
TechnologyEquity2.5%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.22%

Cons

Lock-in period: 3Y
Low rating: 2
1Y annualised returns lower than category average by 24.9%

Expense ratio, exit load and tax

Expense ratio: 1.21%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Vihang Naik
Dec 2019 - Present
View details
Cheenu Gupta
Jul 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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