L&T Tax Advantage Fund

Data as on June 29, 2018


L&T Tax Advantage Fund

Data as on June 29, 2018


Fund Details

NAV of Plans/Options
(as on June 29, 2018)

Rs
Dividend Option - Regular Plan 23.584
Growth Option - Regular Plan 54.464
Dividend Option - Direct Plan 28.412
Growth Option - Direct Plan 56.486
Volatility Measures*:
Standard Deviation 14.33%
R-Squared0.91
Beta 0.99
Sharpe Ratio#0.49
*Source: ICRA MFIE
#Risk free rate assumed to be 6.08%
(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 :0.3374
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 Index
Monthly Average AUM (Rs In Crs)3,193.52
Month end AUM(Rs In Crs)3,170.33


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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Banks
HDFC Bank Limited 4.17%
Kotak Mahindra Bank Limited 3.82%
Axis Bank Limited 2.45%
ICICI Bank Limited 1.54%
City Union Bank Limited 1.46%
IndusInd Bank Limited 1.40%
Software
Tata Consultancy Services Limited 4.68%
Infosys Limited 3.29%
HCL Technologies Limited 1.61%
Oracle Financial Services Software Limited 1.23%
Finance
Housing Development Finance Corporation Limited 4.12%
General Insurance Corporation of India 1.99%
Cholamandalam Investment and Finance Company Limited 1.49%
TI Financial Holdings Limited 1.18%
ICICI Prudential Life Insurance Company Limited 1.14%
CARE Ratings Limited 0.65%
Industrial Products
Graphite India Limited 4.46%
Greaves Cotton Limited 1.07%
Bharat Forge Limited 0.69%
WIM Plast Limited 0.53%
Construction Project
Larsen & Toubro Limited 3.03%
Ashoka Buildcon Limited 1.51%
Engineers India Limited 1.31%
Techno Electric & Engineering Company Limited 0.50%
Pharmaceuticals
Lupin Limited 1.31%
Sun Pharmaceutical Industries Limited 1.28%
Dishman Carbogen Amcis Limited 1.27%
IPCA Laboratories Limited 1.21%
Alkem Laboratories Limited 0.82%
Retailing
Future Lifestyle Fashions Limited 2.55%
Future Retail Limited 2.09%
Trent Limited 0.95%
Consumer Non Durables
ITC Limited 2.60%
Asian Paints Limited 1.07%
Berger Paints India Limited 1.04%
Cement
The Ramco Cements Limited 2.50%
ACC Limited 1.06%
UltraTech Cement Limited 1.03%
Auto
Hero MotoCorp Limited 1.93%
Mahindra & Mahindra Limited 1.32%
Name Of Instrument Rating/Industry % to Net
Assets

Media & Entertainment
Sun TV Network Limited 1.40%
Zee Entertainment Enterprises Limited 0.99%
Hathway Cable & Datacom Limited 0.58%
Auto Ancillaries
Tube Investment of India Limited 0.98%
TVS Srichakra Limited 0.96%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 1.88%
Industrial Capital Goods
Bharat Electronics Limited 0.99%
Skipper Limited 0.57%
Centum Electronics Limited 0.27%
Gas
GAIL India Limited 1.00%
Aegis Logistics Limited 0.82%
Ferrous Metals
Tata Steel Limited 0.88%
Ratnamani Metals & Tubes Limited 0.67%
Tata Steel Limited - Partly Paid Up 0.01%
Transportation
Navkar Corporation Limited 0.77%
Container Corporation of India Limited 0.76%
Textile Products
K.P.R. Mill Limited 1.29%
Telecom - Services
Bharti Airtel Limited 0.89%
Idea Cellular Limited 0.37%
Chemicals
Aarti Industries Limited 1.02%
Non - Ferrous Metals
Hindustan Zinc Limited 0.89%
Paper
Emami Paper Limited 0.88%
Petroleum Products
Hindustan Petroleum Corporation Limited 0.71%
Construction
Somany Ceramics Limited 0.55%
Healthcare Services
Max India Limited 0.54%
Pesticides
Sharda Cropchem Limited 0.45%
Total 94.47%
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 5.18%
(b) Net Receivables/(Payables) 0.32%
Net Assets 100.00%
Total number of holdings67

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'