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  • L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-6M)

Formerly L&T Tax Advantage DR

L&T Mutual Fund

L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-6M)

EquityTax Saving

Top Ranked

26.804

NAV (Oct 21)

12.3%
5 Year CAGR
Scripbox Opinion

Top Ranked

L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-6M) is a good choice within tax saving mutual funds.

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

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

Invest in this fund
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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
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    3 Years
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    Save Tax

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

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Historical NAV

26.804

NAV (Oct 21)

Fund Returns

Last 1Y
47.4%
Last 3Y
14.5%
Last 5Y
12.3%
Last 10Y
14.1%
Since Inception
13.9%
6 Month CAGR
21.3%
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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

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Very High Risk

Expense Ratio
1.97
Launched (15y ago)
Feb 27, 2006
AUM in Crores
3598.702
ISIN
INF677K01080
Lock-in
3
Benchmark
S&P BSE 200 India TR INR
SIP Minimum
0
Lumpsum Min.
500
Fund Managers
user-avatar

Cheenu Gupta

Fund Manager

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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)

recommended-badge

₹ 20,371 cr

5

recommended-badge

₹ 5,357 cr

5

recommended-badge

₹ 5,218 cr

5

recommended-badge

₹ 3,953 cr

5

recommended-badge

₹ 3,346 cr

5

amc-icon

About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 83,412 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
    top-ranked-badge

    3.9%

    6.6%

    top-ranked-badge

    10.4%

    7.5%

    top-ranked-badge

    20.2%

    10.8%

    top-ranked-badge

    5.8%

    7.2%

    top-ranked-badge

    7.9%

    8.1%

    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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    01

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    Create an Account

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    03

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    04

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! 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 of Income Distribution cum Cap Wrdl (RIDCW-6M)

    About L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-6M)

    L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 13.9% over a period of 15 years. The fund was previously known as L&T Tax Advantage DR . 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 (RIDCW-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 (RIDCW-6M) NAV,AUM,Risk

    The L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-6M) fund was launched on Feb 27, 2006. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-10-21 is ₹26.80. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹3598.702. The category risk of the L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-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 (RIDCW-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 (RIDCW-6M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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 (RIDCW-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 (RIDCW-6M) Review

    L&T Tax Advantage Fund of Income Distribution cum Cap Wrdl (RIDCW-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 (RIDCW-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.

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