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L&T Tax Advantage Fund Dividend-0.97%

10.36%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Tax Advantage Fund Dividend

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio2.00%
NAV₹22.02 (25 Jan 2021)
Fund Started27 Feb 2006
Fund Size3,439 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.4%
2.2%
12.7%
13.4%
Category Average
15.3%
5.6%
13.3%
-
Rank Within Category
29
31
19
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 10.4% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Exit load is zero
4. Age is more than 10 years
5. 1Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.03%
9. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity4.6%
ICICI Bank Ltd.FinancialEquity4.6%
Infosys Ltd.TechnologyEquity4.5%
HCL Technologies Ltd.TechnologyEquity4.3%
Reliance Industries Ltd.EnergyEquity3.7%
Tata Consultancy Services Ltd.TechnologyEquity3.6%
Larsen & Toubro Ltd.ConstructionEquity2.9%
Emami Ltd.FMCGEquity2.9%
ICICI Lombard General Insurance Company Ltd.FinancialEquity2.7%
Berger Paints India Ltd.ChemicalsEquity2.6%
See All

Fund Managers

Venugopal Manghat
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Soumendra Nath Lahiri
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Vihang Naik
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L&T Tax Advantage Fund Dividend Details

L&T Tax Advantage Fund Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 27 Feb 2006. Soumendra Nath Lahiri is the Current Fund Manager of L&T Tax Advantage Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,439 Cr and the Latest NAV as of 25 Jan 2021 is ₹22.02.

The L&T Tax Advantage Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 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)

Not Supported
Min for First Investment
Not Supported
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
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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