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L&T Tax Advantage Fund Direct Growth+0.22%

50.52%
1 Year Return
Equity
ELSS
2.0star
3Y Lock inlock
6M
1Y
3Y
5Y
All

Fund Details

L&T Tax Advantage Fund Direct Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio1.21%
NAV₹79.02 (23 Jul 2021)
Fund Started01 Jan 2013
Fund Size3,509 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
50.5%
11.3%
13.5%
14.3%
Category Average
54.9%
14.2%
14.3%
-
Rank Within Category
26
30
22
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 50.5% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. Exit load is zero
Cons
1. 3Y Returns are lower than the category average returns
2. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Infosys Ltd.TechnologyEquity4.4%
ICICI Bank Ltd.FinancialEquity3.7%
Emami Ltd.FMCGEquity3.7%
State Bank of IndiaFinancialEquity3.4%
HCL Technologies Ltd.TechnologyEquity3.4%
Larsen & Toubro Ltd.ConstructionEquity3.3%
The Ramco Cements Ltd.ConstructionEquity3.1%
Tata Consultancy Services Ltd.TechnologyEquity3.0%
KPR Mills Ltd.TextilesEquity3.0%
Reliance Industries Ltd.EnergyEquity2.9%
See All

Fund Managers

Venugopal Manghat
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Soumendra Nath Lahiri
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Vihang Naik
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Cheenu Gupta
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L&T Tax Advantage Fund Direct Growth Details

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 ₹3,509 Cr and the Latest NAV as of 23 Jul 2021 is ₹79.02.

The L&T Tax Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 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)

₹500
Min for First Investment
₹500
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
Website
NA
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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