• Mutual Funds
  • L&T Mutual Fund
  • L&T Tax Advantage Fund (Growth)
L&T Mutual Fund

L&T Tax Advantage Fund (Growth)

EquityTax Saving

Top Ranked

79.195

NAV (Dec 03)

14.4%
5 Year CAGR
Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

15 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

3,529 Cr. Large within the category

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

Invest in this fund
Explore similar funds with a Scripbox plan. Explore the plan below.
Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
  • graph-icon-gray
    3 Years
  • graph-icon-gray
    Save Tax

No single fund can achieve what a plan can. Learn why

Historical NAV

79.195

NAV (Dec 3)

Fund Returns

Last 1Y

32%

Last 3Y

14.1%

Last 5Y

14.4%

Last 10Y

14.7%

Since Inception

14%

6 Month CAGR

9.9%

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Scheme Information

Investment Objective

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.There is no assurance that the investment objective of the scheme will be realized.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio

1.97

Launched (15y ago)

Feb 27, 2006

AUM in Crores

3528.626

ISIN

INF677K01064

Lock-in

3

Benchmark

S&P BSE 500 India TR INR

SIP Minimum

500

Lumpsum Min.

500

Fund Managers
user-avatar

Cheenu Gupta

Fund Manager

user-avatar

Vihang Naik

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

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About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 81,879 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.

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  • tel-amc-about
    022-66554000
  • mail-amc-about
    investor.line@lntmf.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    3.8%

    6.6%

    10.1%

    7.5%

    16%

    10.4%

    5.6%

    7.2%

    7.6%

    8%

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    grow money
    01

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    02

    Create an Account

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    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About L&T Tax Advantage Fund (G)

    About L&T Tax Advantage Fund (G)

    L&T Tax Advantage Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 14% over a period of 15 years. . The fund is managed by L&T Investment Management Ltd. The fund managers are Cheenu Gupta, Vihang Naik

    L&T Tax Advantage Fund (G) Investment Objective

    To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.There is no assurance that the investment objective of the scheme will be realized. . However, there is no assurance that the objective of the scheme will be realized.

    L&T Tax Advantage Fund (G) NAV,AUM,Risk

    The L&T Tax Advantage Fund (G) fund was launched on Feb 27, 2006. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-12-03 is ₹79.19. The total AUM (Asset Under Management) of the fund as of 06/12/2021 is ₹3528.626. The category risk of the L&T Tax Advantage Fund (G) fund is Very High Risk. The fund charges 1.97 % as expense ratio.

    L&T Tax Advantage Fund (G) Holdings

    The fund’s highest allocation is towards Equity and has invested 99.3% in this asset class. The top three holdings of the fund are , icici bank ltd , infosys ltd , ultratech cement ltd , bajaj finance ltd , tata steel ltd , hdfc bank ltd , state bank of india , wipro ltd , k.p.r. mill ltd , persistent systems ltd , coforge ltd , hindalco industries ltd , titan co ltd , bajaj finserv ltd , minda industries ltd , gland pharma ltd , sona blw precision forgings ltd , clean science and technology ltd , motherson sumi systems ltd , indian hotels co ltd , varun beverages ltd , kotak mahindra bank ltd , dalmia bharat ltd , dlf ltd , divi's laboratories ltd , zee entertainment enterprises ltd , voltas ltd , maruti suzuki india ltd , jubilant foodworks ltd , max healthcare institute ltd ordinary shares , tata consultancy services ltd , (a) tri party repo dealing system (treps) , polycab india ltd , oil & natural gas corp ltd , axis bank ltd , j.b. chemicals & pharmaceuticals ltd , housing development finance corp ltd , asian paints ltd , srf ltd , avenue supermarts ltd , larsen & toubro infotech ltd , mahindra & mahindra ltd , sbi cards and payment services ltd ordinary shares , tata consumer products ltd , computer age management services ltd ordinary shares , birla corp ltd , tata motors ltd , navin fluorine international ltd , sun pharmaceuticals industries ltd , kpit technologies ltd , apollo hospitals enterprise ltd , mindtree ltd , pi industries ltd , hdfc asset management company limited , birlasoft ltd , honeywell automation india ltd , uti asset management co ltd , chemplast sanmar ltd , (b) net receivables/(payables) , zomato ltd , godrej consumer products ltd , route mobile ltd ordinary shares , firstsource solutions ltd , somany ceramics ltd , crompton greaves consumer electricals ltd , page industries ltd , godrej properties ltd , siemens ltd

    L&T Tax Advantage Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹500 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

    L&T Tax Advantage Fund (G) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR

    L&T Tax Advantage Fund (G) Review

    L&T Tax Advantage Fund (G) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, L&T Tax Advantage Fund (G) has a score of 4 out of 5 Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.

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