L&T TAX ADVANTAGE FUND

Data as on June 30, 2021

 
 
 

L&T TAX ADVANTAGE FUND

Data as on June 30, 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
0.0999 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
3,509.37 (Rs In Crs)
Monthly Average AUM
3,521.91(Rs In Crs)
Volatility Measures*
Standard Deviation 22.63%
R-Squared 0.96
Beta 0.99
Sharpe Ratio# 0.32
*Source: ICRA MFIE
#Risk free rate assumed to be 3.11% (based on 3-months Mibor NSE rate during last 3 months)
Options
Growth and IDCW.
The IDCW Option offers Payout.

Name Of Instrument Rating/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ ICICI Bank Limited 3.73%
➧ State Bank of India 3.43%
HDFC Bank Limited 2.75%
Kotak Mahindra Bank Limited 1.96%
City Union Bank Limited 0.16%
IndusInd Bank Limited 0.01%
Software
➧ Infosys Limited 4.37%
➧ HCL Technologies Limited 3.37%
➧ Tata Consultancy Services Limited 3.00%
Oracle Financial Services Software Limited 1.26%
Affle India Limited ^
Consumer Non Durables
➧ Emami Limited 3.73%
ITC Limited 2.26%
Berger Paints India Limited 2.14%
Hindustan Unilever Limited 1.02%
Asian Paints Limited 0.66%
Nestle India Limited 0.48%
Pharmaceuticals
Abbott India Limited 2.39%
Alkem Laboratories Limited 1.81%
Sanofi India Limited 1.68%
Dr. Reddy's Laboratories Limited 1.51%
IPCA Laboratories Limited 1.48%
Sun Pharmaceutical Industries Limited 0.85%
Pfizer Limited ^
Lupin Limited ^
Cement & Cement Products
➧ The Ramco Cements Limited 3.12%
Shree Cements Limited 2.54%
ACC Limited 1.74%
UltraTech Cement Limited 0.91%
Insurance
ICICI Lombard General Insurance Company Limited 2.72%
HDFC Life Insurance Company Limited 1.28%
General Insurance Corporation of India 0.95%
Construction Project
➧ Larsen & Toubro Limited 3.33%
Engineers India Limited 0.61%
Finance
Housing Development Finance Corporation Limited 2.24%
Cholamandalam Investment and Finance Company Limited 1.97%
Ferrous Metals
Tata Steel Limited 2.50%
Name Of Instrument Rating/Industry % to Net
Assets
Ratnamani Metals & Tubes Limited 1.19%
Auto Ancillaries
Tube Investment of India Limited 2.79%
TVS Srichakra Limited 0.80%
Industrial Products
Greaves Cotton Limited 1.99%
Finolex Cables Limited 0.91%
WIM Plast Limited 0.34%
Consumer Durables
Titan Company Limited 2.59%
Somany Ceramics Limited 0.62%
Textile Products
➧ K.P.R. Mill Limited 2.98%
Petroleum Products
➧ Reliance Industries Limited 2.93%
Leisure Services
Jubilant Foodworks Limited 2.57%
Retailing
Trent Limited 2.21%
Auto
Maruti Suzuki India Limited 2.06%
Telecom - Services
Bharti Airtel Limited 2.05%
Transportation
Aegis Logistics Limited 1.19%
Aerospace & Defense
Bharat Electronics Limited 0.89%
Construction
Ashoka Buildcon Limited 0.67%
Paper
Emami Paper Limited 0.61%
Pesticides
Sharda Cropchem Limited 0.49%
Chemicals
Atul Limited 0.39%
Arti Surfactants Limited 0.02%
Total 98.78%
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)0.36%
(b) Net Receivables/(Payables)0.85%
Net Assets 100.00%
Total number of holdings 60
➧ Indicates top ten instruments
^ indicates less than 0.01%

 


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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