L&T TAX ADVANTAGE FUND

Data as on May 29, 2020

 
 
 

L&T TAX ADVANTAGE FUND

Data as on May 29, 2020

 
 

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
0.2727 times
Fund Manager
Mr. Vihang Naik & Mr. Venugopal Manghat
(w.e.f. Dec 17, 2019)
Benchmark
S&P BSE 200 TRI Index
Month end AUM
2,660.36 (Rs In Crs)
Monthly Average AUM
2,586.36 (Rs In Crs)
Volatility Measures*
Standard Deviation 21.38%
R-Squared 0.96
Beta 1.01
Sharpe Ratio# -0.33
*Source: ICRA MFIE
#Risk free rate assumed to be 3.21% (based on 3-months Mibor NSE rate during last 3 months)
Options
Growth and Dividend.
The Dividend Option offers Payout.

Name Of Instrument Rating/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Pharmaceuticals
➧ Abbott India Limited 3.14%
Sun Pharmaceutical Industries Limited 3.04%
Sanofi India Limited 2.24%
Lupin Limited 2.06%
Dr. Reddy's Laboratories Limited 2.00%
IPCA Laboratories Limited 1.87%
Alkem Laboratories Limited 1.40%
Pfizer Limited ^
Banks
➧ HDFC Bank Limited 5.14%
➧ Kotak Mahindra Bank Limited 3.11%
ICICI Bank Limited 2.80%
State Bank of India 1.20%
City Union Bank Limited 1.09%
IndusInd Bank Limited ^
Software
➧ Tata Consultancy Services Limited 3.65%
➧ HCL Technologies Limited 3.64%
➧ Infosys Limited 3.56%
Oracle Financial Services Software Limited 1.13%
Affle India Limited ^
Consumer Non Durables
➧ ITC Limited 3.54%
Berger Paints India Limited 2.16%
Jubilant Foodworks Limited 1.82%
Emami Limited 1.71%
Asian Paints Limited 1.70%
Finance
ICICI Lombard General Insurance Company Limited 2.98%
Housing Development Finance Corporation Limited 1.98%
HDFC Life Insurance Company Limited 1.53%
Cholamandalam Investment and Finance Company Limited 1.08%
General Insurance Corporation of India 1.03%
Manappuram Finance Limited 0.91%
Cement
➧ Shree Cements Limited 3.16%
The Ramco Cements Limited 2.42%
ACC Limited 1.45%
UltraTech Cement Limited 0.69%
Petroleum Products
➧ Reliance Industries Limited 5.26%
Reliance Industries Limited - Rights 0.05%
Telecom - Services
➧ Bharti Airtel Limited 4.45%
Construction Project
Larsen & Toubro Limited 2.73%
Name Of Instrument Rating/Industry % to Net
Assets
Engineers India Limited 0.94%
Ashoka Buildcon Limited 0.39%
Techno Electric & Engineering Company Limited 0.38%
Retailing
Trent Limited 1.95%
Future Retail Limited 0.60%
Auto
Maruti Suzuki India Limited 2.02%
Auto Ancillaries
Tube Investment of India Limited 1.16%
TVS Srichakra Limited 0.71%
Consumer Durables
Titan Company Limited 1.75%
Ferrous Metals
Tata Steel Limited 0.83%
Ratnamani Metals & Tubes Limited 0.67%
Textile Products
K.P.R. Mill Limited 1.09%
Industrial Products
Finolex Cables Limited 0.49%
WIM Plast Limited 0.23%
Greaves Cotton Limited 0.16%
Gas
Aegis Logistics Limited 0.80%
Industrial Capital Goods
Bharat Electronics Limited 0.46%
Skipper Limited 0.12%
Paper
Emami Paper Limited 0.35%
Pesticides
Sharda Cropchem Limited 0.30%
Chemicals
Atul Limited 0.26%
Arti Surfactants Limited @ 0.01%
Construction
Somany Ceramics Limited 0.14%
Total 97.53%
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.02%
Total 0.02%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)2.70%
(b) Net Receivables/(Payables)-0.25%
Net Assets 100.00%
Total number of holdings 62
➧ Indicates top ten instruments
^ indicates less than 0.01%
@ Awaited Listing

 


Exit Load: Nil.
For details of the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

 

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