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L&T Tax Advantage Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 79.195 -0.47%
    (as on 03rd December, 2021)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

Fund has 99.26% investment in indian stocks of which 54.62% is in large cap stocks, 15.34% is in mid cap stocks, 10.79% 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 03rd December, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 26-Nov-21 10179.60 1.80% - 0.99% 8/63
1 Month 03-Nov-21 9869.50 -1.31% - -2.54% 11/63
3 Month 03-Sep-21 9955.90 -0.44% - 2.05% 49/62
6 Month 03-Jun-21 10991.80 9.92% - 14.48% 56/63
YTD 01-Jan-21 12561.70 25.62% - 36.16% 52/63
1 Year 03-Dec-20 13201.40 32.01% 32.01% 43.89% 53/63
2 Year 03-Dec-19 14383.90 43.84% 19.90% 27.44% 48/63
3 Year 03-Dec-18 14836.90 48.37% 14.04% 19.97% 53/60
5 Year 02-Dec-16 19585.30 95.85% 14.37% 16.57% 34/47
10 Year 02-Dec-11 39428.00 294.28% 14.69% 15.81% 21/30
Since Inception 27-Feb-06 79195.00 691.95% 14.02% 15.45% 36/61

SIP Returns (NAV as on 03rd December, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 03-Dec-20 12000 13460.65 12.17 % 23.25 %
2 Year 03-Dec-19 24000 32577.39 35.74 % 32.42 %
3 Year 03-Dec-18 36000 50684.29 40.79 % 23.49 %
5 Year 02-Dec-16 60000 87685.13 46.14 % 15.15 %
10 Year 02-Dec-11 120000 258547.43 115.46 % 14.67 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Oct,2021)

Portfolio Turnover Ratio : 101.19%  |   Category average turnover ratio is 96.35%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 99.26% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.26%
No of Stocks : 68 (Category Avg - 48.47) | Large Cap Investments : 54.62%| Mid Cap Investments : 15.34% | Small Cap Investments : 10.79% | Other : 18.51%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 2218.7 6.29% 0.90% 6.66% (Aug 2021) 3.55% (Mar 2021) 27.66 L 0.00
Infosys Ltd. Computers - software 2101.9 5.96% 0.09% 6.65% (Aug 2021) 3.87% (May 2021) 12.60 L 0.00
Ultratech Cement Ltd. Cement 1279.8 3.63% 0.54% 3.63% (Oct 2021) 0.67% (Nov 2020) 1.68 L 17.20 k
Bajaj Finance Ltd. Nbfc 1185.7 3.36% -0.05% 3.41% (Sep 2021) 0% (Nov 2020) 1.60 L 0.00
Tata Steel Ltd. Steel 1118.8 3.17% 0.12% 3.38% (Aug 2021) 1.29% (Nov 2020) 8.50 L 0.00
HDFC Bank Ltd. Banks 1085.7 3.08% -0.21% 4.93% (Feb 2021) 2.71% (Apr 2021) 6.86 L -0.56 L
State Bank Of India Banks 964.6 2.73% -0.93% 6.37% (Aug 2021) 1.44% (Nov 2020) 19.21 L -9.87 L
Wipro Ltd. Computers - software 803.1 2.28% 0.58% 2.28% (Oct 2021) 0% (Nov 2020) 12.42 L 2.77 L
Persistent Systems Ltd. Computers - software 767.1 2.17% 0.15% 2.17% (Oct 2021) 0% (Nov 2020) 1.96 L 0.00
K.P.R. Mill Ltd. Fabrics and garments 759.5 2.15% -0.67% 3.62% (Jul 2021) 1.65% (Nov 2020) 16.87 L -7.00 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.31%
Net Receivables Net Receivables -0.57%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th November, 2021)

  • Standard Deviation

    Low volatility
    15.67vs15.75
    Category Avg
  • Beta

    High volatility
    0.87vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.71vs0.97
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.13vs0.18
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.36vs2.85
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 487.12 -0.30 6.12 16.36 71.46 34.34
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3517.71 -3.40 3.67 13.19 52.37 20.88
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 518.64 -1.33 -0.12 16.44 45.74 27.64
Nippon India Tax Saver Fund - Growth 1 12445.80 -4.24 -0.04 12.78 44.94 12.09
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 424.37 -3.94 -0.86 13.10 44.46 17.70
PGIM India Long Term Equity Fund - Growth 4 333.83 -1.87 2.58 11.76 42.59 19.44
HDFC Tax Saver Fund - Growth 1 9449.41 -1.71 2.79 16.49 42.50 14.07
Union Long Term Equity Fund - Growth 5 448.96 -3.23 1.19 16.90 42.21 21.45
Baroda ELSS - 96 - Plan A - Growth 4 217.24 -2.97 1.95 18.51 42.11 19.43
DSP Tax Saver Fund - Regular Plan - Growth 4 9805.13 -3.90 -1.28 10.67 42.06 21.39

More Funds from L&T Mutual Fund

Out of 35 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 6 is/are ranked 4 * , 9 is/are ranked 3 * , 6 is/are ranked 2 * , 3 is/are ranked 1 * , and 9 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Triple Ace Bond Fund - Growth 5 9502.21 0.69 1.34 2.93 4.36 10.06
L&T India Value Fund - Growth 3 8009.42 -4.71 0.73 13.29 42.35 17.73
L&T Emerging Businesses Fund - Regular Plan - Growth 3 7554.14 -0.62 7.34 24.00 75.21 21.76
L&T Midcap Fund - Growth 2 6908.52 -3.18 -0.39 9.81 34.55 15.92
L&T Hybrid Equity Fund - Growth 3 5366.59 -1.96 0.18 8.29 24.92 13.27
L&T Arbitrage Opportunities Fund - Growth 4 4905.94 0.27 0.76 1.77 3.92 4.87
L&T Short Term Bond Fund - Growth 3 4888.17 0.37 0.46 1.74 3.22 7.55
L&T Liquid Fund - Regular Plan - Growth 4 4884.60 0.29 0.80 1.64 3.21 4.75
L&T Banking and PSU Debt Fund - Growth 4 4586.39 0.39 0.39 1.80 3.35 7.79
L&T Tax Advantage Fund - Growth 3 3528.63 -1.30 -0.44 9.92 32.01 14.04

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