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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
L&L&T MFGrowth

L&T Long Term Advantage Fund - Series I - Growth

elssEquity - ELSS - Tax Saver FundBenchmark: BSE 200 - TRI
NAV · 26 Mar 2019₹51.100.00%
AUM₹2 Cr
Expense Ratio2.71%
CAGR—
Exit LoadNil
Min SIP—
Launched2009

Investment Objective

The investment objective of the Scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities and also enabling investors to get income tax rebate as per the prevailing Tax Laws and subject to applicable conditions. The investment policies shall be framed in accordance with SEBI (Mutual Funds) Regulations, 1996 and rules and guidelines for Equity Linked Savings Scheme (ELSS), 2005 (and modifications to them).

Fund Mandate

Debt0%–20%
Equity80%–100%
MMI0%–20%
Others0%–20%
Asset Allocation
Domestic Equity96.6%
Cash & Equivalents3.4%
Fund Managers
VN
Vihang Naik
Fund Manager
Key Information
2.71%
—
₹500
Nil
3 years
Inception27 Mar 2009
AMCL&T MF
Top Holdings
1Bajaj Finance LimitedFinance6.67%
2Kotak Mahindra Bank LimitedBanks5.96%
3ICICI Bank LimitedBanks4.85%
4Infosys LimitedSoftware4.69%
5ITC LimitedConsumer Non Durables4.58%
6Maruti Suzuki India LimitedAuto4.45%
7Voltas LimitedConstruction Project4.20%
8Berger Paints India LimitedConsumer Non Durables3.86%
9Sundram Fasteners LimitedAuto Ancillaries3.84%
10Larsen & Toubro LimitedConstruction Project3.57%
Sector Allocation
Banks16.8%
Consumer Non Durables10.7%
Construction Project7.8%
Auto Ancillaries7.1%
Finance6.7%
Petroleum Products5.9%
Software4.7%
Auto4.5%
Other3.5%
Pesticides3.4%
Industrial Products2.7%
Chemicals2.2%
On This Page
NAV growthAsset allocationTop holdings
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Latest News

No recent news found for L&T Long Term Advantage Fund - Series I - Growth.

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Trailing Returns
PeriodReturns
1 Day0.00%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.71%
Nil
3 years
—
₹500
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme