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).
15 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
3,599 Cr. Large within the category
Category View
Superior. The category has a superior investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
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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.
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Historical NAV
₹ 27.564
NAV (Oct 13)
Fund Returns
Last 1Y
51.4%
Last 3Y
15.7%
Last 5Y
13.4%
Last 10Y
14.3%
Since Inception
14.1%
6 Month CAGR
23.1%
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.
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.
L&T Investment Management Ltd manages assets worth 82,961 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.
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.
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?
Recommended
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.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
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
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
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
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
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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3,600+
AUM
2,500+
Cities
2012
Established
About L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M)
About L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M)
L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 14.1% over a period of 15 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
L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) 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 of Income Distribution cum Cap Wrdl (PIDCW-6M) NAV,AUM,Risk
The L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) fund was launched on Feb 27, 2006. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-10-13 is ₹27.56. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹3598.702. The category risk of the L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) fund is Very High Risk. The fund charges 1.97 % as expense ratio.
L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) Holdings
The fund’s highest allocation is towards Equity and has invested 98.6% in this asset class. The top three holdings of the fund are , infosys ltd , icici bank ltd , state bank of india , bajaj finance ltd , hdfc bank ltd , ultratech cement ltd , jubilant foodworks ltd , tata steel ltd , k.p.r. mill ltd , asian paints ltd , sona blw precision forgings ltd , tata consultancy services ltd , coforge ltd , hindalco industries ltd , persistent systems ltd , clean science and technology ltd , bajaj finserv ltd , gland pharma ltd , maruti suzuki india ltd , varun beverages ltd , wipro ltd , motherson sumi systems ltd , minda industries ltd , dlf ltd , axis bank ltd , voltas ltd , sun pharmaceuticals industries ltd , max healthcare institute ltd ordinary shares , zee entertainment enterprises ltd , housing development finance corp ltd , divi's laboratories ltd , dalmia bharat ltd , uti asset management co ltd , (a) tri party repo dealing system (treps) , j.b. chemicals & pharmaceuticals ltd , polycab india ltd , oil & natural gas corp ltd , srf ltd , tata consumer products ltd , indraprastha gas ltd , sbi cards and payment services ltd ordinary shares , computer age management services ltd ordinary shares , larsen & toubro infotech ltd , apollo hospitals enterprise ltd , gujarat gas ltd , birla corp ltd , crompton greaves consumer electricals ltd , kpit technologies ltd , honeywell automation india ltd , page industries ltd , navin fluorine international ltd , avenue supermarts ltd , birlasoft ltd , godrej consumer products ltd , pi industries ltd , mindtree ltd , zomato ltd , oracle financial services software ltd , firstsource solutions ltd , somany ceramics ltd , siemens ltd , hdfc asset management company limited , acc ltd , godrej properties ltd , atul ltd , wim plast ltd
L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) 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 of Income Distribution cum Cap Wrdl (PIDCW-6M) 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 200 India TR INR
L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) Review
L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (PIDCW-6M) 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 of Income Distribution cum Cap Wrdl (PIDCW-6M) 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.
