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L&T Tax Advantage Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
17.84%
3Y annualised
+0.74% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Oct 2021₹88.03
Min. SIP amount₹500
Rating2star
Fund size₹3,598.70 Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns53.8%17.8%15.0%16.0%
Category average54.9%14.2%14.3%NA
Rank with in category333126NA
Understand termsinfo

Holdings (60)

NameSectorInstrumentAssets
FinancialEquity6.7%
TechnologyEquity6.7%
State Bank of India
FinancialEquity6.4%
FinancialEquity3.5%
MetalsEquity3.4%
FinancialEquity3.3%
TechnologyEquity3.3%
ServicesEquity3.2%
ConstructionEquity3.0%
FinancialEquity3.0%
See All

Pros and cons

info
Category: Equity ELSS
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Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.21%
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Cons

1Y annualised returns lower than category average by 1.09%
Lock-in period: 3Y
Low rating: 2

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 termsinfo
Check past data

Minimum investment amounts

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

Fund management

Venugopal Manghat
Dec 2019 - Present
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Soumendra Nath Lahiri
Jan 2013 - Present
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Vihang Naik
Dec 2019 - Present
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Cheenu Gupta
Jul 2021 - Present
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Fund house & investment objective

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Fund house contact details

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