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L&T Tax Advantage Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 59.99 0.3%
    (as on 03rd December, 2020)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 98.58% investment in indian stocks of which 60.38% is in large cap stocks, 23.78% is in mid cap stocks, 9.12% 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, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 26-Nov-20 10173.70 1.74% - 2.40% 50/68
1 Month 03-Nov-20 10995.60 9.96% - 12.03% 59/68
3 Month 03-Sep-20 11319.90 13.20% - 13.70% 42/68
6 Month 03-Jun-20 13027.40 30.27% - 33.59% 45/68
YTD 01-Jan-20 10811.70 8.12% - 11.89% 46/68
1 Year 03-Dec-19 10895.80 8.96% 8.93% 13.22% 48/68
2 Year 03-Dec-18 11238.90 12.39% 6.01% 9.26% 47/65
3 Year 01-Dec-17 10962.50 9.62% 3.10% 4.14% 39/55
5 Year 03-Dec-15 16112.90 61.13% 10.00% 10.49% 24/40
10 Year 03-Dec-10 25547.20 155.47% 9.82% 10.13% 15/30
Since Inception 27-Feb-06 59990.00 499.90% 12.89% 10.68% 23/64

SIP Returns (NAV as on 03rd December, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 03-Dec-19 12000 14480.88 20.67 % 40.18 %
2 Year 03-Dec-18 24000 28196.81 17.49 % 16.29 %
3 Year 01-Dec-17 36000 41172.29 14.37 % 8.9 %
5 Year 03-Dec-15 60000 75020.72 25.03 % 8.86 %
10 Year 03-Dec-10 120000 218815.64 82.35 % 11.55 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2020)

Portfolio Turnover Ratio : 22.22%  |   Category average turnover ratio is 79.55%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 98.58% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.58%
No of Stocks : 61 (Category Avg - 47.14) | Large Cap Investments : 60.38%| Mid Cap Investments : 23.78% | Small Cap Investments : 9.12% | Other : 5.3%

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
Reliance Industries Ltd. Refineries/marketing 1680.6 5.41% -0.51% 5.92% (Sep 2020) 3.54% (Jan 2020) 8.18 L 0.00
HCL Technologies Limited Computers - software 1480.5 4.76% 0.14% 4.76% (Oct 2020) 2.92% (Nov 2019) 17.58 L 0.00
Infosys Ltd. Computers - software 1453.2 4.67% 0.19% 4.67% (Oct 2020) 2.81% (Nov 2019) 13.70 L 0.00
ICICI Bank Ltd. Banks 1415.6 4.55% 0.41% 7.94% (Dec 2019) 2.62% (Jul 2020) 36.06 L 0.00
Tata Consultancy Services Ltd. Computers - software 1310.8 4.22% 0.25% 4.77% (Dec 2019) 2.97% (Feb 2020) 4.92 L 0.00
Kotak Mahindra Bank Ltd. Banks 1044.7 3.36% 0.59% 4.22% (Feb 2020) 2.77% (Sep 2020) 6.75 L 0.00
HDFC Bank Ltd. Banks 1010 3.25% 0.27% 6.59% (Dec 2019) 2.98% (Sep 2020) 8.53 L 0.00
The Ramco Cements Ltd. Cement 851.5 2.74% 0.13% 2.74% (Oct 2020) 2.19% (Apr 2020) 10.68 L 0.00
Emami Ltd. Personal care 844.7 2.72% 0.06% 2.72% (Oct 2020) 1.68% (Apr 2020) 23.34 L 0.00
ITC Limited Cigarettes 788.5 2.54% -0.11% 3.54% (May 2020) 1.49% (Feb 2020) 47.71 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.80%
Net Receivables Net Receivables -0.38%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 27th November, 2020)

  • Standard Deviation

    High volatility
    18.56vs17.57
    Category Avg
  • Beta

    High volatility
    0.88vs0.81
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.04vs0.05
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.01vs0.01
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.76vs-2.1
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth NA 18.78 10.55 14.25 51.55 34.35 11.76
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 318.52 10.48 14.52 35.96 26.62 7.84
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 75.24 7.88 11.21 33.78 24.71 0.00
Canara Robeco Equity Tax Saver - Regular Plan - Growth 5 1216.95 9.84 15.00 32.25 21.54 12.39
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 4462.58 10.65 14.72 37.94 16.96 10.56
UTI Long Term Equity Fund (Tax Saving) - Growth 3 1379.32 12.02 15.38 32.55 16.46 7.10
Axis Long Term Equity Fund - Growth 4 22631.51 13.55 17.08 29.82 15.52 11.65
Union Long Term Equity Fund - Growth 5 274.42 10.20 11.97 30.77 15.28 7.74
JM Tax Gain Fund - Growth 3 39.84 13.77 17.63 36.44 14.56 8.68
Baroda ELSS - 96 - Plan A - Growth 3 168.02 11.60 14.54 33.57 14.29 2.21

More Funds from L&T Mutual Fund

Out of 39 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 9 is/are ranked 4 * , 11 is/are ranked 3 * , 4 is/are ranked 2 * , 1 is/are ranked 1 * , and 13 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Liquid Fund - Regular Plan - Growth 4 7413.92 0.25 0.78 1.65 4.36 6.13
L&T India Value Fund - Growth 3 6196.62 11.06 13.06 35.06 11.04 2.29
L&T Midcap Fund - Growth 3 5776.45 10.07 12.85 33.71 16.08 1.78
L&T Triple Ace Bond Fund - Growth 4 5623.81 0.42 1.54 4.53 11.95 9.94
L&T Hybrid Equity Fund - Growth 3 5597.55 6.94 10.37 23.28 9.97 4.77
L&T Emerging Businesses Fund - Regular Plan - Growth 2 5270.84 14.52 15.95 43.44 11.02 -2.38
L&T Banking and PSU Debt Fund - Growth 4 4472.35 0.87 1.92 4.69 9.90 8.54
L&T Short Term Bond Fund - Growth 4 4208.45 0.73 1.77 3.94 9.35 8.34
L&T Tax Advantage Fund - Growth 3 3109.30 9.96 13.20 30.27 8.93 3.10
L&T Ultra Short Term Fund - Regular Plan - Cumulative 4 3055.40 0.26 0.90 2.02 5.60 6.83

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