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L&T Tax Advantage Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 56.753 0.37%
    (as on 15th November, 2019)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately High

Fund has 98.51% investment in indian stocks of which 54.14% is in large cap stocks, 25.33% is in mid cap stocks, 10.89% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 15th November, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 08-Nov-19 10026.00 0.26% - -0.92% 28/65
1 Month 15-Oct-19 10520.90 5.21% - 4.54% 16/64
3 Month 14-Aug-19 10710.70 7.11% - 8.58% 49/64
6 Month 15-May-19 10651.20 6.51% - 5.60% 35/63
YTD 01-Jan-19 10298.10 2.98% - 0.39% 37/63
1 Year 15-Nov-18 10235.90 2.36% 2.36% 7.83% 48/62
2 Year 15-Nov-17 10191.10 1.91% 0.95% 1.21% 36/52
3 Year 15-Nov-16 13734.70 37.35% 11.16% 10.54% 27/45
5 Year 14-Nov-14 15704.10 57.04% 9.44% 9.32% 16/33
Since Inception 01-Jan-13 23993.00 139.93% 13.58% 9.85% 23/57

SIP Returns (NAV as on 15th November, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 15-Nov-18 12000 12549.24 4.58 % 8.55 %
2 Year 15-Nov-17 24000 24340.62 1.42 % 1.36 %
3 Year 15-Nov-16 36000 38417.34 6.71 % 4.26 %
5 Year 14-Nov-14 60000 74118.75 23.53 % 8.38 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2019)

Equity Holding : 98.51% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.51%
No of Stocks : 63 (Category Avg - 44.45) | Large Cap Investments : 54.14%| Mid Cap Investments : 25.33% | Small Cap Investments : 10.89% | Other : 8.15%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 2308.1 6.75% -0.10% 6.91% (Jul 2019) 4.61% (Nov 2018) 49.85 L -2.00 L
HDFC Bank Ltd. Banks 2155.3 6.31% -0.24% 6.55% (Sep 2019) 5.14% (Dec 2018) 17.52 L 0.00
Tata Consultancy Services Ltd. Computers - software 1695.4 4.96% 0.18% 5.63% (Aug 2019) 3.31% (Nov 2018) 7.47 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 1256.5 3.68% -0.15% 3.83% (Sep 2019) 3.06% (Apr 2019) 8.53 L 0.00
Reliance Industries Ltd. Refineries/marketing 1249.1 3.65% -0.05% 4.21% (Apr 2019) 2.58% (Dec 2018) 8.53 L -0.59 L
Kotak Mahindra Bank Ltd. Banks 1204.7 3.52% -0.31% 3.83% (Sep 2019) 2.1% (Nov 2018) 7.65 L 0.00
HCL Technologies Limited Computers - software 1046.1 3.06% 0.10% 3.14% (Aug 2019) 1.48% (Nov 2018) 9.00 L 0.00
Bharti Airtel Ltd. Telecom - services 1011.2 2.96% -0.06% 3.02% (Sep 2019) 1.21% (Dec 2018) 27.02 L 0.00
Infosys Ltd. Computers - software 939.4 2.75% -0.51% 3.43% (Aug 2019) 2.75% (Oct 2019) 13.70 L 43.20 k
Future Retail Ltd. Retailing 918.5 2.69% -0.10% 3.42% (Jun 2019) 2.6% (Jan 2019) 24.09 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.91%
Net Receivables Net Receivables -0.42%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st October, 2019)

  • Standard Deviation

    High volatility
    12.5vs10.01
    Category Avg
  • Beta

    High volatility
    0.93vs0.7
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.26vs0.14
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.03vs0.02
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.39vs-1.33
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Direct Plan - Growth 5 21492.33 3.87 11.38 14.94 20.20 18.30
JM Tax Gain Fund - (Direct) - Growth 5 34.63 2.30 10.73 12.95 17.74 16.61
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 4 477.60 3.59 8.76 12.50 17.06 13.69
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 250.66 5.17 11.15 14.32 16.64 15.63
DSP Tax Saver Fund - Direct Plan - Growth 4 6102.99 3.73 9.42 11.26 16.53 13.33
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth 3 1584.31 5.85 14.52 14.70 16.35 16.63
Tata India Tax Savings Fund - Direct Plan - Growth 3 2008.76 5.43 9.41 9.88 16.29 15.52
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2670.71 6.81 10.06 12.64 15.92 18.88
BOI AXA Tax Advantage Fund - Direct Plan - Growth 3 255.19 4.81 12.65 14.08 15.56 15.14
Kotak Tax Saver Scheme - Direct Plan - Growth 4 986.69 5.01 8.07 8.07 14.47 13.47

More Funds from L&T Mutual Fund

Out of 36 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 11 is/are ranked 3 * , 5 is/are ranked 2 * , and 14 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Liquid Fund - Direct Plan - Growth 3 9530.99 0.45 1.40 3.10 6.89 7.00
L&T Hybrid Equity Fund - Direct Plan - Growth 2 8241.40 3.62 5.96 6.48 7.19 10.13
L&T India Value Fund - Direct Plan - Growth 3 8032.18 4.72 6.63 4.46 4.37 9.71
L&T Emerging Businesses Fund - Direct Plan - Growth 3 6112.41 3.08 5.50 -1.64 -6.25 10.60
L&T Midcap Fund - Direct Plan - Growth 3 5831.30 4.53 8.64 4.34 0.49 11.22
L&T Short Term Bond Fund - Direct Plan - Growth 4 4674.36 1.03 2.59 5.79 10.96 7.75
L&T Tax Advantage Fund - Direct Plan - Growth 2 3417.93 5.21 7.11 6.51 2.36 11.16
L&T Ultra Short Term Fund - Direct Plan - Growth 5 2840.66 0.57 1.79 4.07 8.47 7.62
L&T Equity Fund - Direct Plan - Growth 2 2719.56 4.29 6.42 6.33 5.85 10.62
L&T Credit Risk Fund - Direct Plan - Growth 3 2092.90 0.80 -0.66 -0.20 3.34 5.47

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