- Mutual Funds
- L&T Mutual Fund
- L&T Tax Advantage Fund (PIDCW-6M)
Formerly L&T Tax Advantage DP
L&T Tax Advantage Fund (PIDCW-6M)
₹ 22.14
NAV (May 24)
Not Recommended
Click here to see our recommendations.
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
16 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
3,240 Cr. Large within the category
Category View
Superior. The category has a superior investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 22.14
NAV (May 24)
Fund Returns
Last 1Y | 0.6% |
Last 3Y | 8.5% |
Last 5Y | 7.2% |
Last 10Y | 13% |
Since Inception | 12.4% |
6 Month CAGR | -11.6% |
Scheme Information
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.
Expense Ratio | 1.99 |
Launched (16y ago) | Feb 27, 2006 |
AUM in Crores | 3239.364 |
ISIN | INF677K01072 |
Lock-in | 3 |
Benchmark | S&P BSE 500 India TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Stock Holdings
reliance industries ltd
9.6%icici bank ltd
8.2%infosys ltd
6.8%state bank of india
5.3%titan co ltd
3.8%
Allocation by Sector
financial services
24.1%consumer cyclical
19.6%technology
17.3%basic materials
10.9%energy
9.6%Comparison with Equity Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 4,388 cr | |||
₹ 13,113 cr | |||
₹ 13,113 cr | |||
₹ 4,388 cr | |||
₹ 4,388 cr |
About the AMC
L&T Investment Management Ltd
L&T Investment Management Ltd manages assets worth 74,362 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.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.4% | 5.8% | ||
4.1% | 5.1% | ||
6.6% | 6.9% | ||
4.2% | 5.1% | ||
4.2% | 5.1% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsL&T Tax Advantage Fund (PIDCW-6M) Review
L&T Tax Advantage Fund (PIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 12.4% over a period of 16 years. The fund was previously known as L&T Tax Advantage DP. The fund is managed by L&T Investment Management Ltd. The fund managers are Cheenu Gupta, Vihang Naik.
Nav of L&T Tax Advantage Fund (PIDCW-6M) as of 5/24/2022 is ₹22.14 with the total AUM as of 5/25/2022 is ₹3239.364. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Tax Advantage Fund (PIDCW-6M) was launched on Feb 27, 2006. The category risk of the fund is Very High Risk.
The minimum SIP amount for L&T Tax Advantage Fund (PIDCW-6M) 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. Check your estimated returns on mutual funds by using sip calculator.
L&T Tax Advantage Fund (PIDCW-6M) 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 (PIDCW-6M) is rated as a 1 fund in Equity and delivered 0.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with L&T Tax Advantage Fund (PIDCW-6M).
Frequently Asked Questions
What is L&T Tax Advantage Fund (PIDCW-6M)?
How to invest in L&T Tax Advantage Fund (PIDCW-6M)?
You can invest in L&T Tax Advantage Fund (PIDCW-6M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of L&T Tax Advantage Fund (PIDCW-6M)?
The minimum sip amount for L&T Tax Advantage Fund (PIDCW-6M) is ₹500. You can invest in multiples of ₹500.
Is L&T Tax Advantage Fund (PIDCW-6M) good to invest in?
As per Scripbox experts, L&T Tax Advantage Fund (PIDCW-6M) is a Not Recommended fund. You can investL&T Tax Advantage Fund (PIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the L&T Tax Advantage Fund (PIDCW-6M)?
The expense ratio of the L&T Tax Advantage Fund (PIDCW-6M) is 1.99% for regular plan.