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L&T Tax Advantage Fund-Direct Plan-Growth (defunct)

L&T Mutual Fund · Equity · mandate: ≥80% in equities; 3-year lock-in (Sec 80C) · benchmark: NIFTY 500 TRI (TRI proxy)
AUM (all plans)
—
Active return /yr (full)
-4.9%
Score
37
Rank (Score, pool)
#217 of 245
Percentile (full, pool)
50
IR vs benchmark
—
CAGR (absolute)
12.6%
Max drawdown
-31.9%
Months of data
118
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Cumulative active return

2019202020212022-9-42Cumulative active return vs benchmark, %
Growth of the fund relative to its benchmark: +10 means ₹100 in the fund is worth 10% more than ₹100 in the benchmark since the start of the line.

Equity curve

201320142015201620172018201920202021202288245403Fund (NAV=100)Benchmark: NIFTY 500 TRICategory median (Flexi)

Drawdown

2013201420152016201720182019202020212022-32-160Drawdown %

Fiscal-year record

FYActive vs BMvs categoryIR%ileTEBenchmarkFund returnmonths
FY22-2.8%-2.1%-0.39246.3%21.6%18.8%12
FY23*-5.1%-5.4%-1.2955.5%7.7%2.7%8
FY24———————0
FY25———————0
FY26———————0
FY27*———————0
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly active returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2019+0.6-0.5-0.2-0.0
2020+1.3+0.7-2.2+0.7+0.7-1.0-1.2+0.8+1.5-0.5-1.5-1.6-2.3
2021-1.0-0.2+1.6-0.2-1.4+0.7+2.2-2.4-2.7-0.5+2.2+2.1+0.2
2022-2.4-0.5+0.6-2.1-0.2-1.2+0.5-0.2+1.8-0.1-3.3-7.0
Fund monthly return minus benchmark; the year column compounds each separately and differences them.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2013-6.6-0.5+4.0+0.7-2.4-0.6-4.0+4.4+9.6-0.7+3.2+6.4
2014-4.7+2.9+8.9-0.0+10.6+7.0+0.3+4.0+1.9+4.7+3.7+0.0+45.7
2015+5.2-0.6-1.6-2.1+3.1+0.0+5.5-5.8+0.4-0.8+1.0-0.4+3.5
2016-6.2-8.0+10.9+2.6+3.6+4.1+4.9+1.6+1.0+2.4-5.2-1.8+8.9
2017+5.6+4.6+4.5+5.2+1.6+0.6+4.5+0.6-0.0+5.4+0.2+4.0+43.4
2018+1.5-3.7-3.6+6.8-2.6-2.9+4.2+1.8-8.2-1.5+2.5-1.0-7.4
2019-3.6-2.3+8.1-0.5+2.7-1.1-5.9-1.2+4.0+4.4+0.8+0.4+5.2
2020+1.1-5.5-25.8+14.7-1.6+7.2+5.5+4.3+1.2+2.2+10.3+5.8+14.2
2021-2.9+7.6+2.7+0.2+5.6+2.7+3.7+4.1+0.7-0.3-0.6+4.4+31.2
2022-2.9-4.5+4.7-2.8-4.5-6.2+10.2+4.4-1.4+3.9+0.0-0.3

Quarterly average AUM & estimated net flows

20132014201520162017201820192020202120221,0612,3253,589AUM (quarter avg), ₹cr
-1,225805
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.