L&T Tax Advantage Fund

Data as on April 30, 2018


L&T Tax Advantage Fund

Data as on April 30, 2018


Fund Details

NAV of Plans/Options
(as on April 30, 2018)

Rs
Dividend Option - Regular Plan 24.976
Growth Option - Regular Plan 57.680
Dividend Option - Direct Plan 30.056
Growth Option - Direct Plan 59.754
Volatility Measures*:
Standard Deviation 13.99%
R-Squared0.92
Beta 0.98
Sharpe Ratio#0.74
*Source: ICRA MFIE
#Risk free rate assumed to be 6.07%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanFebruary 27, 2006
Direct PlanJanuary 01, 2013
Expense Ratio+1.84% (Regular)
1.34% (Direct)
Portfolio Turnover :0.3610
OptionsGrowth and Dividend. The Dividend Option offers Payout.
Minimum Application size
(Initial)
Rs 500 per application and in multiples of Rs500 thereafter
Additional InvestmentRs 500 per application and in multiples of Rs 500 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr S. N. Lahiri
BenchmarkS&P BSE 200 TRI
Monthly Average AUM (Rs In Crs)3,178.49
Month end AUM(Rs In Crs)3,284.57


Portfolio Allocation
Name Of Instrument Rating/Industry % to Net
Assets

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Banks
HDFC Bank Limited 3.72%
Kotak Mahindra Bank Limited 3.14%
Axis Bank Limited 2.39%
City Union Bank Limited 1.40%
The Federal Bank Limited 1.31%
ICICI Bank Limited 1.10%
IndusInd Bank Limited 0.90%
Finance
Housing Development Finance Corporation Limited 3.93%
General Insurance Corporation of India 1.83%
Cholamandalam Investment and Finance Company Limited 1.66%
TI Financial Holdings Limited 1.34%
ICICI Prudential Life Insurance Company Limited 1.24%
HDFC Standard Life Insurance Company Limited 1.15%
ICICI Lombard General Insurance Company Limited 0.83%
Max Financial Services Limited 0.82%
Software
Tata Consultancy Services Limited 4.22%
Infosys Limited 1.95%
HCL Technologies Limited 1.44%
Oracle Financial Services Software Limited 1.26%
Construction Project
Larsen & Toubro Limited 3.21%
Ashoka Buildcon Limited 1.81%
Engineers India Limited 1.62%
Techno Electric & Engineering Company Limited 0.62%
Industrial Products
Graphite India Limited 3.54%
Greaves Cotton Limited 0.89%
Bharat Forge Limited 0.84%
WIM Plast Limited 0.63%
Pharmaceuticals
Dishman Carbogen Amcis Limited 1.96%
IPCA Laboratories Limited 1.26%
Lupin Limited 1.14%
Alkem Laboratories Limited 0.83%
Sun Pharmaceutical Industries Limited 0.67%
Retailing
Future Lifestyle Fashions Limited 2.49%
Future Retail Limited 2.12%
Trent Limited 1.07%
Cement
The Ramco Cements Limited 2.71%
UltraTech Cement Limited 1.07%
ACC Limited 0.90%
Consumer Non Durables
ITC Limited 2.65%
Berger Paints India Limited 1.02%
Asian Paints Limited 0.99%
Auto
Hero MotoCorp Limited 2.00%
Mahindra & Mahindra Limited 1.24%
Name Of Instrument Rating/Industry % to Net
Assets

Media & Entertainment
Sun TV Network Limited 1.42%
Zee Entertainment Enterprises Limited 1.03%
Hathway Cable & Datacom Limited 0.74%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 2.13%
Bharti Infratel Limited 0.87%
Construction
Godrej Properties Limited 1.48%
Prestige Estates Projects Limited 0.71%
Somany Ceramics Limited 0.54%
Industrial Capital Goods
Bharat Electronics Limited 0.98%
Skipper Limited 0.72%
Centum Electronics Limited 0.35%
Auto Ancillaries
TVS Srichakra Limited 1.12%
Tube Investment of India Limited 0.92%
Gas
Aegis Logistics Limited 1.07%
GAIL India Limited 0.83%
Transportation
Navkar Corporation Limited 1.02%
Container Corporation of India Limited 0.73%
Ferrous Metals
Tata Steel Limited 0.89%
Ratnamani Metals & Tubes Limited 0.66%
Tata Steel Limited - Partly Paid Up 0.01%
Textile Products
K.P.R. Mill Limited 1.36%
Telecom - Services
Bharti Airtel Limited 0.80%
Idea Cellular Limited 0.42%
Chemicals
Aarti Industries Limited 1.07%
Non - Ferrous Metals
Hindustan Zinc Limited 1.02%
Paper
Emami Paper Limited 1.01%
Petroleum Products
Hindustan Petroleum Corporation Limited 1.00%
Healthcare Services
Max India Limited 0.56%
Total 98.37%
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.03%
Total 0.03%
OTHERS
(a) Collateralised Borrowing and Lending Obligation 2.51%
(b) Net Receivables/(Payables) -0.91%
Net Assets 100.00%
Total number of holdings72

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of Rs 10000 invested on the 1st day of every month has been considered.
*B: Scheme Benchmark, AB: Additional Benchmark


Investment objective:To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
Exit Load:Nil
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'