Suitability:
When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1 Month | 3 Months | 1 Years | 3 Years | 5 Years | 10 Years | |
---|---|---|---|---|---|---|---|
Fund | 3.83 | 1.91 | 8.32 | 4.21 | 10.24 | 9.15 | 11.80 |
S&P BSE 200 TRI | 9.52 | 1.72 | 8.77 | 10.63 | 13.88 | 9.66 | 10.43 |
Equity: ELSS | 7.31 | 1.02 | 7.98 | 8.28 | 11.07 | 8.55 | 10.98 |
Rank within category | 28 | 8 | 20 | 31 | 23 | 11 | 10 |
Number of funds in category | 35 | 38 | 37 | 35 | 34 | 29 | 26 |
As on 13-Dec-2019
Best (Period) | Worst (Period) | |
---|---|---|
Month | 29.35 (11-May-2009 - 10-Jun-2009) | -29.73 (24-Sep-2008 - 24-Oct-2008) |
Quarter | 70.24 (09-Mar-2009 - 10-Jun-2009) | -36.29 (02-Sep-2008 - 02-Dec-2008) |
Year | 114.68 (09-Mar-2009 - 11-Mar-2010) | -51.58 (14-Jan-2008 - 13-Jan-2009) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 10.57 | 13.01 | 0.37 | 0.59 | 0.95 | -2.16 |
S&P BSE 200 TRI | 13.76 | 12.78 | 0.63 | 1.00 | -- | -- |
Equity: ELSS | 11.17 | 13.43 | 0.40 | 0.61 | 0.96 | -1.64 |
Rank within category | 23 | 13 | 22 | 19 | 16 | 22 |
Number of funds in category | 34 | 34 | 34 | 34 | 34 | 34 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2019
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Number of Stocks | 62 |
Top 10 Stocks (%) | 40.81 |
Top 5 Stocks (%) | 26.16 |
Top 3 Sectors (%) | 59.59 |
Portfolio P/B Ratio | 3.53 |
Portfolio P/E Ratio | 26.78 |
Fund | Benchmark | Category | |
---|---|---|---|
Average Mkt Cap (Rs Cr) | 82,553 | 3,01,056 | 96,702 |
Giant (%) | 51.45 | 64.44 | 52.39 |
Large (%) | 10.41 | 20.06 | 15.16 |
Mid (%) | 29.12 | 15.30 | 24.27 |
Small (%) | 9.01 | 0.21 | 8.53 |
Tiny (%) | -- | -- | 0.27 |
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Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
---|---|---|---|---|---|---|
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ICICI Bank | Financial | 67.66 | 7.52 | 1.10 | 7.52 |
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HDFC Bank | Financial | 29.57 | 6.58 | 3.72 | 6.58 |
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Tata Consultancy Services | Technology | 23.99 | 5.63 | 1.69 | 4.52 |
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Reliance Industries | Energy | 23.90 | 4.21 | 0.00 | 3.90 |
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Kotak Mahindra Bank | Financial | 39.32 | 3.83 | 1.93 | 3.64 |
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Larsen & Toubro | Construction | 19.37 | 3.83 | 2.94 | 3.34 |
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HCL Technologies | Technology | 14.61 | 3.14 | 0.00 | 2.92 |
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Bharti Airtel | Communication | 3.02 | 0.00 | 2.88 | |
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Infosys | Technology | 19.54 | 3.97 | 0.29 | 2.81 |
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HDFC | Financial | 33.50 | 4.42 | 0.00 | 2.70 |
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Axis Bank | Financial | 47.71 | 3.09 | 0.00 | 2.56 |
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The Ramco Cements | Construction | 29.17 | 2.71 | 1.92 | 2.52 |
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Future Retail | Services | 22.64 | 3.42 | 1.21 | 2.25 |
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Sanofi India | Healthcare | 40.54 | 2.21 | 0.00 | 2.21 |
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Emami | FMCG | 42.74 | 2.26 | 0.00 | 2.17 |
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City Union Bank | Financial | 23.22 | 2.00 | 0.00 | 1.99 |
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State Bank of India | Financial | 29.35 | 3.15 | 0.00 | 1.99 |
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Cholamandalam Invest. & Fin. | Financial | 20.32 | 1.90 | 0.00 | 1.87 |
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Abbott India | Healthcare | 52.46 | 1.85 | 0.00 | 1.85 |
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Sun Pharmaceutical Inds. | Healthcare | 24.31 | 2.38 | 0.45 | 1.81 |
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ITC | FMCG | 21.38 | 4.07 | 1.76 | 1.76 |
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Berger Paints India | Chemicals | 78.74 | 1.80 | 0.82 | 1.71 |
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Trent | Services | 117.70 | 1.75 | 0.00 | 1.70 |
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RBL Bank | Financial | 21.24 | 3.10 | 0.00 | 1.58 |
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ICICI Lombard General Insurance | Financial | 56.52 | 1.52 | 0.00 | 1.52 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
— Soumendra Nath Lahiri since 24-Nov-2012
Education: Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
Experience: Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Mutual Fund.
Interviews:
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
Minimum Investment (₹) | 500 |
Minimum Addl Investment (₹) | 500 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | 500 |
Exit Load | 0 |
Fund House: | L&T Mutual Fund |
Launch Date: | 27-Feb-2006 |
Benchmark: | S&P BSE 200 TRI |
Riskometer: | Moderately High |
Type: | Open-ended |
Assets: | ₹ 3,396 Cr (As on 30-Nov-2019) |
Expense: | 2.03% (As on 30-Nov-2019) |
Risk Grade: | Average |
Return Grade: | Average |
Turnover: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend | 26-Nov-2019 | 0.6641 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 18-Mar-2019
Fund News - 19-Nov-2018
Rs.0.88 per unit dividend declared in L&T Tax Advantage Fund
Fund News - 12-Mar-2018
Fund News - 13-Nov-2017
Fund News - 14-Mar-2017
AMC: L&T Investment Management Ltd
Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098
Phone: 022-66554000 / 1800-2000-400
Fax: 022-66554002
Email: [email protected]
Website: www.lntmf.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
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