L&T TAX ADVANTAGE FUND

Data as on August 31, 2021

 
 
 

L&T TAX ADVANTAGE FUND

Data as on August 31, 2021

 
 

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.




Date of Inception
Regular Plan February 27, 2006
Direct Plan January 01, 2013
Portfolio Turnover
0.7339 times
Fund Manager
Ms. Cheenu Gupta (w.e.f. July 02, 2021) &
Mr. Vihang Naik (w.e.f. Dec 17, 2019)
Benchmark
S&P BSE 200 TRI Index
Month end AUM
3,651.81 (Rs In Crs)
Monthly Average AUM
3,556.69(Rs In Crs)
Volatility Measures*
Standard Deviation 22.67%
R-Squared 0.95
Beta 0.99
Sharpe Ratio# 0.34
*Source: ICRA MFIE
#Risk free rate assumed to be 3.10% (based on 3-months Mibor NSE rate during last 3 months)
Options
Growth and IDCW.
The IDCW Option offers Payout.

Name Of Instrument % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ ICICI Bank Limited 6.66%
➧ State Bank of India 6.37%
➧ HDFC Bank Limited 3.55%
Axis Bank Limited 1.21%
Software
➧ Infosys Limited 6.65%
➧ Tata Consultancy Services Limited 3.27%
Coforge Limited 2.15%
Persistent Systems Limited 1.78%
Oracle Financial Services Software Limited 1.55%
Larsen & Toubro Infotech Limited 0.89%
BIRLASOFT Limited 0.75%
Firstsource Solutions Limited 0.49%
Cement & Cement Products
➧ UltraTech Cement Limited 2.97%
The Ramco Cements Limited 1.42%
ACC Limited 1.30%
Dalmia Bharat Limited 1.27%
Birla Corporation Limited 0.47%
Finance
➧ Bajaj Finance Limited 3.30%
➧ Housing Development Finance Corporation Limited 2.95%
SBI Cards and Payment Services Limited 1.11%
Pharmaceuticals
Sun Pharmaceutical Industries Limited 2.15%
Gland Pharma Limited 1.86%
Divi's Laboratories Limited 1.50%
J.B. Chemicals & Pharmaceuticals Limited 1.19%
Auto Ancillaries
Sona BLW Precision Forgings Limited 2.08%
Motherson Sumi Systems Limited 1.62%
Minda Industries Limited 1.60%
Tube Investment of India Limited 0.59%
Consumer Non Durables
Godrej Consumer Products Limited 1.39%
Varun Beverages Limited 1.10%
Tata Consumer Products Limited 1.08%
Asian Paints Limited 0.68%
Ferrous Metals
➧ Tata Steel Limited 3.38%
Ratnamani Metals & Tubes Limited 0.29%
Capital Markets
UTI Asset Management Company Limited 1.86%
Computer Age Management Services Limited 1.79%
Textile Products
K.P.R. Mill Limited 2.54%
Name Of Instrument % to Net
Assets
Page Industries Limited 0.75%
Leisure Services
➧ Jubilant Foodworks Limited 3.20%
Healthcare Services
Max Healthcare Institute Limited 1.50%
Apollo Hospitals Enterprise Limited 1.02%
Gas
Indraprastha Gas Limited 1.04%
Gujarat Gas Limited 0.97%
Non - Ferrous Metals
Hindalco Industries Limited 2.00%
Chemicals
Clean Science and Technology Limited 1.14%
Atul Limited 0.38%
SRF Limited 0.35%
Industrial Capital Goods
Honeywell Automation India Limited 0.65%
Siemens Limited 0.64%
ABB India Limited 0.52%
Construction
DLF Limited 1.18%
Godrej Properties Limited 0.57%
Industrial Products
Polycab India Limited 1.29%
WIM Plast Limited 0.26%
Insurance
Bajaj Finserv Limited 1.39%
Construction Project
Larsen & Toubro Limited 0.74%
Consumer Durables
Somany Ceramics Limited 0.68%
Retailing
Avenue Supermarts Limited 0.50%
Pesticides
PI Industries Limited 0.36%
Paper
Emami Paper Limited 0.15%
Total 98.09%
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Entertainment
Zee Entertainment Enterprises Limited 0.01%
Total 0.01%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)2.92%
(b) Net Receivables/(Payables)-1.02%
Net Assets 100.00%
Total number of holdings 61
➧ Indicates top ten instruments

 


Exit Load: Nil.
For details of the performance of the schemes, please refer to page nos 43 to 46.
The Fund was co-managed by Mr. Venugopal Manghat till July 1, 2021.

 

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