L&T Tax Advantage Fund Direct Plan
Scheme Type
Open-ended
Scheme Category
ELSS (Tax Savings)
Benchmark Type
S&P BSE 200
Scheme AUM (in Crs.)
₹ 3220.89
Expense Ratio
1.55%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 69080
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
03 Jan 1997
Sponsor
NA
Email
Phone
022 - 66554000
Address
27th Floor, Unit 1, Centre 1,World Trade Centre,,Cuffe Parade,Colaba, Mumbai - 400 005
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
No Exit load, if redeemed after 0 years.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
Suitability
This product is suitable for investors who are seeking
• An open-ended equity linked savings scheme
• Long term capital growth
• Investment predominantly in equity and equity-related securities
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
₹1,000
Investment per month for 0.5 Years
₹5,821
Portfolio Value
₹-179
Total Returns
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Mutual Funds investments are subject to market risks, read all scheme related documents carefully.