L&T Tax Advantage Fund Growth+0.36%

3Groww
1.83%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Tax Advantage Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.04%
NAV54.30 (15 Nov 2019)
Fund Started27 Feb 2006
Fund Size3,418 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Tax Advantage Fund Growth
1.8%
10.4%
8.7%
13.1%
Category Average
-6.3%
6.2%
9.9%
-
Rank within category
30
16
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 1.8% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity6.8%
    HDFC Bank Ltd.FinancialEquity6.3%
    Tata Consultancy Services Ltd.TechnologyEquity5.0%
    Larsen & Toubro Ltd.ConstructionEquity3.7%
    Reliance Industries Ltd.EnergyEquity3.6%
    Kotak Mahindra Bank Ltd.FinancialEquity3.5%
    HCL Technologies Ltd.TechnologyEquity3.1%
    Bharti Airtel Ltd.CommunicationEquity3.0%
    Infosys Ltd.TechnologyEquity2.8%
    Future Retail Ltd.ServicesEquity2.7%
    See All

    Fund Managers

    addSoumendra Nath Lahiri
    Education
    Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
    Experience
    Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Mutual Fund.
    Funds Managed

    Other Details

    L&T Tax Advantage Fund Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 27 Feb 2006. Soumendra Nath Lahiri is the Current Fund Manager of L&T Tax Advantage Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹3,418 Cr and the Latest NAV as of 15 Nov 2019 is ₹54.30.

    The L&T Tax Advantage Fund Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The investment objective of the Scheme is 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
    02 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,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
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