• Mutual Funds
  • L&T Mutual Fund
  • L&T Tax Advantage Fund (PIDCW-6M)

Formerly L&T Tax Advantage DP

L&T Mutual Fund

L&T Tax Advantage Fund (PIDCW-6M)

EquityTax Saving

22.14

NAV (May 24)

7.2%
5 Year CAGR
Scripbox Opinion

Not Recommended

Scripbox recommends other funds for investment in tax saving.

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.

Our analysis of this fundLearn how we rate funds ->

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

Invest in this fund

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 Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

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.

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

Vihang Naik

Fund Manager

Cheenu Gupta

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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.

Asset allocation and Holdings

Last updated on 2022-05-24

Top Stock Holdings

reliance industries ltd

9.6%
9.6%

icici bank ltd

8.2%
8.2%

infosys ltd

6.8%
6.8%

state bank of india

5.3%
5.3%

titan co ltd

3.8%
3.8%
See all holdings
allocation by market cap

Allocation by Sector

financial services

24.1%
24.1%

consumer cyclical

19.6%
19.6%

technology

17.3%
17.3%

basic materials

10.9%
10.9%

energy

9.6%
9.6%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,388 cr

5

₹ 13,113 cr

5

₹ 13,113 cr

5

₹ 4,388 cr

5

₹ 4,388 cr

5

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.

amc-img

  • 022-66554000
  • investor.line@lntmf.co.in
  • Fund NameScripbox 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 Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    L&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)?

    L&T Tax Advantage Fund (PIDCW-6M) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    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.