L&T Tax Advantage Fund

Data as on August 31, 2018

L&T Tax Advantage Fund

Data as on August 31, 2018

Fund Details

NAV of Plans/Options
(as on August 31, 2018)

Dividend Option - Regular Plan
Growth Option - Regular Plan
Dividend Option - Direct Plan
Growth Option - Direct Plan
Volatility Measures*:
Standard Deviation 13.61%
Beta 0.96
Sharpe Ratio#0.70
*Source: ICRA MFIE
#Risk free rate assumed to be 6.31%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanFebruary 27, 2006
Direct PlanJanuary 01, 2013
Total Expense Ratio+ 2.25% (Regular)
1.56% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Portfolio Turnover :0.3435
OptionsGrowth and Dividend. The Dividend Option offers Payout.
Minimum Application size
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 Index
Monthly Average AUM (Rs In Crs)3,374.73
Month end AUM(Rs In Crs)3,425.89

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
HDFC Bank Limited 6.18%
ICICI Bank Limited 4.08%
Axis Bank Limited 2.33%
Kotak Mahindra Bank Limited 2.06%
City Union Bank Limited 1.63%
IndusInd Bank Limited 1.28%
Tata Consultancy Services Limited 4.88%
Infosys Limited 2.85%
HCL Technologies Limited 1.53%
Oracle Financial Services Software Limited 1.31%
Housing Development Finance Corporation Limited 3.87%
General Insurance Corporation of India 1.78%
Cholamandalam Investment and Finance Company Limited 1.35%
ICICI Prudential Life Insurance Company Limited 1.05%
TI Financial Holdings Limited 1.04%
CARE Ratings Limited 0.96%
Industrial Products
Graphite India Limited 4.98%
Greaves Cotton Limited 1.07%
Finolex Cables Limited 0.69%
WIM Plast Limited 0.60%
IPCA Laboratories Limited 1.81%
Sun Pharmaceutical Industries Limited 1.53%
Lupin Limited 1.48%
Alkem Laboratories Limited 0.85%
Future Lifestyle Fashions Limited 2.40%
Future Retail Limited 2.16%
Trent Limited 1.10%
Construction Project
Larsen & Toubro Limited 3.01%
Ashoka Buildcon Limited 1.27%
Engineers India Limited 1.26%
Consumer Non Durables
ITC Limited 3.04%
Berger Paints India Limited 1.14%
Asian Paints Limited 1.08%
The Ramco Cements Limited 2.32%
ACC Limited 1.19%
UltraTech Cement Limited 1.12%
Hero MotoCorp Limited 1.86%
Mahindra & Mahindra Limited 1.31%
Name Of Instrument Rating/Industry % to Net

Media & Entertainment
Sun TV Network Limited 1.27%
Zee Entertainment Enterprises Limited 0.84%
Hathway Cable & Datacom Limited 0.41%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 2.29%
Ferrous Metals
Tata Steel Limited 1.43%
Ratnamani Metals & Tubes Limited 0.60%
Tata Steel Limited - Partly Paid Up 0.01%
Auto Ancillaries
Tube Investment of India Limited 1.15%
TVS Srichakra Limited 0.89%
Petroleum Products
Reliance Industries Limited 1.95%
GAIL India Limited 1.01%
Aegis Logistics Limited 0.78%
Industrial Capital Goods
Bharat Electronics Limited 0.96%
Skipper Limited 0.42%
Centum Electronics Limited 0.22%
Container Corporation of India Limited 0.70%
Navkar Corporation Limited 0.63%
Textile Products
K.P.R. Mill Limited 1.26%
Aarti Industries Limited 1.05%
Emami Paper Limited 0.97%
Telecom - Services
Bharti Airtel Limited 0.83%
Healthcare Services
Max India Limited 0.60%
Sharda Cropchem Limited 0.53%
Somany Ceramics Limited 0.49%
Simran Wind Project Limited @ 0.46%
Total 97.20%
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.03%
Total 0.03%
(a) Collateralised Borrowing and Lending Obligation 1.50%
(b) Net Receivables/(Payables) 1.27%
Net Assets 100.00%
Total number of holdings64

@ Awaited Listing

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'