LIC MF ELSS Tax Saver Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
17.22%
3Y annualised
+0.19% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Oct 2024₹178.88
Min. SIP amount₹500
Rating2
Fund size₹1,209.44Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns39.4%17.2%19.8%17.4%
Category average39.1%17.2%22.0%NA
Rank with in category202129NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
FinancialEquity7.17%
FinancialEquity6.56%
Capital GoodsEquity5.26%
ServicesEquity4.52%
TechnologyEquity3.18%
FinancialEquity3.00%
FinancialEquity2.80%
FinancialEquity2.55%
Consumer DiscretionaryEquity2.24%
ConstructionEquity2.10%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 0.95%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 1.11 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

5Y annualised returns lower than category average by 2.29%
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.95%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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