L&T Tax Advantage Fund

Data as on May 31, 2019

L&T Tax Advantage Fund

Data as on May 31, 2019

Fund Details

NAV of Plans/Options
(as on May 31, 2019)

Dividend Option - Regular Plan
Growth Option - Regular Plan
Dividend Option - Direct Plan
Growth Option - Direct Plan
Volatility Measures*:
Standard Deviation
Sharpe Ratio#
*Source: ICRA MFIE
#Risk free rate assumed to be 6.04%
(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+ 2.05% (Regular)
1.58% (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 :0.3897
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) 3,296.32
Month end AUM(Rs In Crs) 3,420.69

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
ICICI Bank Limited 6.42%
HDFC Bank Limited 6.36%
RBL Bank Limited 3.10%
Axis Bank Limited 3.06%
State Bank of India 3.04%
Kotak Mahindra Bank Limited 2.44%
City Union Bank Limited 1.71%
IndusInd Bank Limited 0.01%
Tata Consultancy Services Limited 4.43%
HCL Technologies Limited 2.87%
Infosys Limited 2.86%
Oracle Financial Services Software Limited 1.16%
Housing Development Finance Corporation Limited 3.14%
Cholamandalam Investment and Finance Company Limited 1.82%
General Insurance Corporation of India 1.26%
ICICI Prudential Life Insurance Company Limited 1.08%
CARE Ratings Limited 0.91%
Sun Pharmaceutical Industries Limited 1.98%
IPCA Laboratories Limited 1.53%
Abbott India Limited 1.14%
Lupin Limited 1.13%
Sanofi India Limited 1.06%
Alkem Laboratories Limited 0.83%
Construction Project
Larsen & Toubro Limited 3.43%
Engineers India Limited 1.40%
Ashoka Buildcon Limited 1.31%
Techno Electric & Engineering Company Limited 0.41%
The Ramco Cements Limited 2.71%
ACC Limited 1.49%
Ambuja Cements Limited 1.10%
Century Textiles & Industries Limited 1.05%
Consumer Non Durables
ITC Limited 2.41%
Berger Paints India Limited 1.13%
Jubilant Foodworks Limited 1.12%
Asian Paints Limited 1.11%
Future Retail Limited 3.14%
Trent Limited 1.27%
Future Lifestyle Fashions Limited 0.97%
Name Of Instrument Rating/Industry % to Net

Petroleum Products
Reliance Industries Limited 3.90%
Telecom - Services
Bharti Airtel Limited 2.75%
Industrial Products
Graphite India Limited 1.01%
Finolex Cables Limited 0.82%
Greaves Cotton Limited 0.37%
WIM Plast Limited 0.31%
Auto Ancillaries
Tube Investment of India Limited 1.27%
TVS Srichakra Limited 0.66%
GAIL India Limited 1.00%
Aegis Logistics Limited 0.80%
Industrial Capital Goods
Bharat Electronics Limited 1.30%
Skipper Limited 0.20%
Textile Products
K.P.R. Mill Limited 1.33%
Media & Entertainment
Sun TV Network Limited 1.12%
Emami Paper Limited 0.63%
Ferrous Metals
Ratnamani Metals & Tubes Limited 0.59%
Sharda Cropchem Limited 0.52%
Aarti Industries Limited 0.48%
Somany Ceramics Limited 0.45%
Mahindra & Mahindra Limited -
Telecom - Equipment & Accessories
Sterlite Technologies Limited -
Total 96.90%
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.02%
Total 0.02%
(a) Tri Party Repo Dealing System (TREPS)3.20%
(b) Net Receivables/(Payables)-0.12%
Net Assets 100.00%
Total number of holdings60

- indicates less than 0.01%

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'