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 ₹3,382 Cr and the Latest NAV as of 24 Jan 2020 is ₹57.39.
The L&T Tax Advantage Fund Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
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)
Min for First Investment
Min for Second Investment