L&T TAX ADVANTAGE FUND

Data as on February 28, 2022

 
 
 

L&T TAX ADVANTAGE FUND

Data as on February 28, 2022

 
 

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
1.2817 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 500 TRI
Month end AUM
3,256.72 (Rs In Crs)
Monthly Average AUM
3,351.92 (Rs In Crs)
Volatility Measures*
Standard Deviation 22.11%
R-Squared 0.96
Beta 0.98
Sharpe Ratio# 0.52
*Source: ICRA MFIE
#Risk free rate assumed to be 3.44% (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 7.61%
➧ State Bank of India 4.59%
➧ Kotak Mahindra Bank Limited 4.22%
➧ HDFC Bank Limited 2.80%
Axis Bank Limited 0.14%
Software
➧ Infosys Limited 7.00%
Persistent Systems Limited 2.36%
Wipro Limited 2.12%
Coforge Limited 1.87%
Larsen & Toubro Infotech Limited 1.34%
Tata Elxsi Limited 1.32%
KPIT Technologies Limited 1.16%
MindTree Limited 0.96%
C.E. Info Systems Limited 0.50%
Tata Consultancy Services Limited 0.23%
Route Mobile Limited ^
Tech Mahindra Limited ^
Petroleum Products
➧ Reliance Industries Limited 8.10%
Chemicals
SRF Limited 2.52%
Clean Science and Technology Limited 1.39%
Tata Chemicals Limited 1.22%
Navin Fluorine International Limited 1.21%
Finance
➧ Bajaj Finance Limited 3.96%
Cholamandalam Investment and Finance Company Limited 2.10%
Housing Development Finance Corporation Limited 0.18%
Auto Ancillaries
Minda Industries Limited 1.92%
Sona BLW Precision Forgings Limited 1.84%
Motherson Sumi Wiring India Limited @ 0.35%
Textile Products
➧ K.P.R. Mill Limited 3.03%
Page Industries Limited 1.00%
Consumer Durables
➧ Titan Company Limited 3.88%
Voltas Limited ^
Auto
➧ Tata Motors Limited 3.70%
Healthcare Services
Max Healthcare Institute Limited 1.68%
Apollo Hospitals Enterprise Limited 1.64%
Leisure Services
Name Of Instrument % to Net
Assets
Indian Hotels Company Limited 2.78%
Jubilant Foodworks Limited ^
Consumer Non Durables
Asian Paints Limited 2.17%
Varun Beverages Limited 0.01%
Tata Consumer Products Limited ^
Construction
DLF Limited 1.44%
Sobha Limited 0.54%
Godrej Properties Limited 0.11%
Power
Tata Power Company Limited 2.09%
Pharmaceuticals
Cipla Limited 1.54%
Divi's Laboratories Limited 0.46%
J.B. Chemicals & Pharmaceuticals Limited ^
Gland Pharma Limited ^
Retailing
Avenue Supermarts Limited 1.44%
Go Fashion (India) Limited 0.46%
Cement & Cement Products
UltraTech Cement Limited 1.05%
Birla Corporation Limited 0.55%
Dalmia Bharat Limited 0.08%
Entertainment
Zee Entertainment Enterprises Limited 1.20%
Capital Markets
Computer Age Management Services Limited 0.76%
UTI Asset Management Company Limited 0.37%
Industrial Products
Polycab India Limited 1.08%
Industrial Capital Goods
Honeywell Automation India Limited 0.75%
Insurance
Bajaj Finserv Limited 0.41%
Total 97.23%
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)2.67%
(b) Net Receivables/(Payables)0.09%
Net Assets 100.00%
Total number of holdings 60
➧ Indicates top ten instruments
@Awaited Listing

 


Exit Load: Nil.
For details of the performance of the schemes, please refer page nos 48 to 51.
The Fund was co-managed by Mr. Venugopal Manghat till July 1, 2021.

 

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