L&T TAX ADVANTAGE FUND

Data as on May 31, 2022

 
 
 

L&T TAX ADVANTAGE FUND

Data as on May 31, 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
1.4255 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
3,079.82 (Rs In Crs)
Monthly Average AUM
3,015.77 (Rs In Crs)
Volatility Measures*
Standard Deviation 22.18%
R-Squared 0.96
Beta 0.98
Sharpe Ratio# 0.31
*Source: ICRA MFIE
#Risk free rate assumed to be 3.29% (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 8.73%
➧ State Bank of India 5.24%
HDFC Bank Limited 2.47%
Kotak Mahindra Bank Limited 0.70%
Axis Bank Limited 0.04%
IT - Software
➧ Infosys Limited 6.84%
➧ Persistent Systems Limited 3.11%
Tata Elxsi Limited 1.82%
Coforge Limited 0.98%
KPIT Technologies Limited 0.95%
MindTree Limited 0.79%
Larsen & Toubro Infotech Limited 0.62%
C.E. Info Systems Limited 0.50%
Wipro Limited 0.28%
Tata Consultancy Services Limited 0.23%
Tech Mahindra Limited ^
Petroleum Products
➧ Reliance Industries Limited 9.56%
Finance
➧ Bajaj Finance Limited 3.64%
Cholamandalam Investment and Finance Company Limited 2.46%
Housing Development Finance Corporation Limited 0.80%
Bajaj Finserv Limited 0.05%
Chemicals & Petrochemicals
➧ SRF Limited 2.76%
Clean Science and Technology Limited 1.40%
Navin Fluorine International Limited 1.29%
Tata Chemicals Limited 0.82%
Auto Components
Minda Industries Limited 2.04%
Sona BLW Precision Forgings Limited 1.70%
Motherson Sumi Wiring India Limited 1.40%
Textiles & Apparels
K.P.R. Mill Limited 2.75%
Page Industries Limited 1.41%
Power
Tata Power Company Limited 2.33%
NTPC Limited 1.72%
Automobiles
➧ Tata Motors Limited 2.99%
Eicher Motors Limited 0.81%
Consumer Durables
➧ Titan Company Limited 3.57%
Asian Paints Limited 0.08%
Voltas Limited ^
Leisure Services
Name Of Instrument % to Net
Assets
➧ Indian Hotels Company Limited 3.46%
Jubilant Foodworks Limited ^
Healthcare Services
Apollo Hospitals Enterprise Limited 1.43%
Max Healthcare Institute Limited 1.12%
Retailing
Avenue Supermarts Limited 1.89%
Go Fashion (India) Limited 0.52%
Pharmaceuticals & Biotechnology
Cipla Limited 1.75%
Divi's Laboratories Limited 0.15%
Realty
DLF Limited 1.50%
Sobha Limited 0.14%
Paper Forest & Jute Products
JK Paper Limited 1.52%
Non - Ferrous Metals
Hindalco Industries Limited 1.22%
Entertainment
Zee Entertainment Enterprises Limited 1.22%
Industrial Products
Polycab India Limited 1.17%
Capital Markets
Computer Age Management Services Limited 0.75%
HDFC Asset Management Company Limited 0.26%
Electrical Equipment
CG Power and Industrial Solutions Limited 0.98%
Ferrous Metals
Tata Steel Limited 0.83%
Gas
Gujarat Gas Limited 0.70%
Industrial Manufacturing
Honeywell Automation India Limited 0.63%
Aerospace & Defense
Bharat Electronics Limited 0.36%
Cement & Cement Products
Birla Corporation Limited 0.23%
Dalmia Bharat Limited 0.02%
UltraTech Cement Limited ^
Beverages
Varun Beverages Limited 0.01%
Agricultural Food & other Products
Tata Consumer Products Limited ^
Total 98.74%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)1.27%
(b) Net Receivables/(Payables)-0.01%
Net Assets 100.00%
Total number of holdings 63
➧ Indicates top ten instruments
^ Indicates less than 0.01%

 


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'
The Fund was co-managed by Mr. Venugopal Manghat till July 1, 2021.

 

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