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LIC MF ELSS Tax Saver Direct Growth
+9.50%
3Y annualised
+1.00% 1D
NAV: 18 Sep '26
₹169.59
Min. for SIP
₹500
Fund size (AUM)
₹1,021.43 Cr
Expense ratio
1.28%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹57,102 | -4.83% | |
| 3 years | ₹1,80,000 | ₹1,88,356 | +4.64% | |
| 5 years | ₹3,00,000 | ₹3,69,911 | +23.30% | |
| 10 years | ₹6,00,000 | ₹11,11,244 | +85.21% |
Holdings (55)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 8.60% |
| HDFC Bank Ltd | Financial | Equity | 6.36% |
| Axis Bank Ltd | Financial | Equity | 4.36% |
| Cholamandalam Investment & Finance Company Ltd | Financial | Equity | 3.83% |
| State Bank of India | Financial | Equity | 3.33% |
| SML Isuzu Ltd | Consumer Discretionary | Equity | 2.96% |
| SRF Ltd | Materials | Equity | 2.80% |
| Larsen & Toubro Ltd | Industrials | Equity | 2.73% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 2.63% |
| Repo | Unspecified | Repo | 2.60% |
| Zomato Ltd | Technology | Equity | 2.54% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 2.09% |
| Torrent Pharmaceuticals Ltd | Healthcare | Equity | 2.08% |
| Ather Energy Ltd. | Consumer Discretionary | Equity | 2.07% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 2.04% |
| Navin Fluorine International Ltd | Materials | Equity | 1.98% |
| Kirloskar Oil Engines Ltd | Industrials | Equity | 1.88% |
| Blue Star Ltd | Industrials | Equity | 1.88% |
| Abbott India Ltd | Healthcare | Equity | 1.88% |
| Indus Towers Ltd | Technology | Equity | 1.87% |
| Suven Pharmaceuticals Ltd | Healthcare | Equity | 1.85% |
| Trent Ltd | Consumer Discretionary | Equity | 1.85% |
| Star Cement Ltd | Materials | Equity | 1.74% |
| Persistent Systems Ltd | Technology | Equity | 1.68% |
| Bajaj Finserv Ltd | Financial | Equity | 1.64% |
| Samvardhana Motherson International Ltd | Consumer Discretionary | Equity | 1.58% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 1.53% |
| Brigade Enterprises Ltd | Real Estate | Equity | 1.53% |
| RateGain Travel Technologies Ltd | Technology | Equity | 1.49% |
| Dr. Agarwal’S Health Care Ltd. | Healthcare | Equity | 1.49% |
| Affle (India) Ltd | Industrials | Equity | 1.46% |
| Schaeffler India Ltd | Industrials | Equity | 1.43% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 1.34% |
| Mrs. Bectors Food Specialities Ltd | Consumer Staples | Equity | 1.33% |
| EIH Ltd | Consumer Discretionary | Equity | 1.28% |
| Varun Beverages Ltd | Consumer Staples | Equity | 1.26% |
| Delhivery Ltd | Industrials | Equity | 1.25% |
| Coromandel International Ltd | Materials | Equity | 1.24% |
| Eureka Forbes Ltd | Consumer Discretionary | Equity | 1.20% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 1.19% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.14% |
| Schloss Bangalore Ltd. | Consumer Discretionary | Equity | 1.12% |
| Apollo Hospitals Enterprise Ltd | Healthcare | Equity | 1.09% |
| Grasim Industries Ltd | Materials | Equity | 1.08% |
| Shakti Pumps (India) Ltd | Industrials | Equity | 1.07% |
| Neuland Laboratories Ltd | Healthcare | Equity | 1.03% |
| ITC Ltd | Consumer Staples | Equity | 1.02% |
| Metro Brands Ltd | Consumer Discretionary | Equity | 0.94% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 0.94% |
| Ultratech Cement Ltd | Materials | Equity | 0.65% |
| Mahindra & Mahindra Financial Services Ltd | Financial | Equity | 0.54% |
| Blue Dart Express Ltd | Industrials | Equity | 0.53% |
| Procter & Gamble Hygiene & Health Care Ltd | Consumer Staples | Equity | 0.51% |
| INDO-MIM Ltd. | Industrials | Equity | 0.03% |
| Net Payables | Unspecified | Net Payables | -1.60% |
See All
Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +9.5% | +9.3% | +11.7% | +14.3% |
| Category average (Equity ELSS) | +16.4% | +16.5% | +14.0% | -- |
| Rank (Equity ELSS) | 26 | 26 | 24 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
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%.
Check past data
Fund management
SBSumit BhatnagarApr 2026 - PresentView details
SB
Sumit Bhatnagar
Apr 2026 - Present
View details
NKNikhil KapoorJul 2026 - PresentView details
NK
Nikhil Kapoor
Jul 2026 - Present
View details
About LIC MF ELSS Tax Saver Direct Growth
LIC MF ELSS Tax Saver Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Sumit Bhatnagar is the Current Fund Manager of LIC MF ELSS Tax Saver Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹51,563 Cr and the Latest NAV as of 18 Sep 2026 is ₹169.59.
The LIC MF ELSS Tax Saver Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
;
Investment Objective
Earlier known as Dhan Tax Saver '97, the scheme seeks maximum capital growth with equity allocation up to 85 per cent of the corpus. Allocation to debentures and money market instruments can be up to 15 per cent each. It was made open-ended in April 2000.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#20 in India
Total AUM₹51,562.63 Cr
Date of Incorporation20 Apr 1994
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,