1M
6M
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3Y
5Y
All
| NAV: 10 Jan 2025 | ₹172.40 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| 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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 24.4% | 15.3% | 17.3% | 16.7% |
| Category average | 15.7% | 14.0% | 18.4% | NA |
| Rank with in category | 5 | 18 | 28 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 36.7% | 25.0% | 4,194.64 |
SBI Long Term Equity Fund Direct Plan Growth | 5 | 24.1% | 22.9% | 28,732.52 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 19.1% | 17.2% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 5.6% | 15.6% | 11,560.66 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 11.2% | 13.9% | 7,353.93 |
Holdings (53)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 7.59% |
HDFC Bank Ltd. | Financial | Equity | 7.07% |
Shakti Pumps (India) Ltd. | Capital Goods | Equity | 6.90% |
Trent Ltd. | Services | Equity | 4.28% |
Infosys Ltd. | Technology | Equity | 3.36% |
State Bank of India | Financial | Equity | 3.18% |
Blue Star Ltd. | Consumer Discretionary | Equity | 2.44% |
Axis Bank Ltd. | Financial | Equity | 2.32% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.17% |
Larsen & Toubro Ltd. | Construction | Equity | 2.16% |
Zomato Ltd. | Services | Equity | 2.04% |
Power Finance Corporation Ltd. | Financial | Equity | 1.97% |
Titan Company Ltd. | Consumer Discretionary | Equity | 1.83% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.80% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.79% |
PI Industries Ltd. | Chemicals | Equity | 1.73% |
ITC Ltd. | Consumer Staples | Equity | 1.72% |
Grasim Industries Ltd. | Construction | Equity | 1.71% |
HCL Technologies Ltd. | Technology | Equity | 1.67% |
ABB India Ltd. | Capital Goods | Equity | 1.65% |
Reliance Industries Ltd. | Energy | Equity | 1.63% |
Kirloskar Oil Engines Ltd. | Capital Goods | Equity | 1.57% |
SRF Ltd. | Diversified | Equity | 1.53% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.51% |
Bharat Forge Ltd. | Automobile | Equity | 1.51% |
Eureka Forbes Ltd. | Metals & Mining | Equity | 1.44% |
Maruti Suzuki India Ltd. | Automobile | Equity | 1.42% |
Eicher Motors Ltd. | Automobile | Equity | 1.41% |
EIH Ltd. | Services | Equity | 1.41% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.25% |
Affle (India) Ltd. | Technology | Equity | 1.24% |
Mankind Pharma Ltd. | Healthcare | Equity | 1.21% |
Mrs. Bectors Food Specialities Ltd. | Consumer Staples | Equity | 1.20% |
Thermax Ltd. | Capital Goods | Equity | 1.18% |
CCL Products (India) Ltd. | Consumer Staples | Equity | 1.17% |
Bajaj Finserv Ltd. | Financial | Equity | 1.13% |
Metro Brands Ltd. | Consumer Staples | Equity | 1.11% |
Coromandel International Ltd. | Chemicals | Equity | 1.09% |
LTIMindtree Ltd. | Technology | Equity | 1.01% |
Nestle India Ltd. | Consumer Staples | Equity | 0.98% |
Navin Fluorine International Ltd. | Chemicals | Equity | 0.94% |
Craftsman Automation Ltd. | Automobile | Equity | 0.92% |
Zydus Lifesciences Ltd. | Healthcare | Equity | 0.91% |
ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 0.91% |
Ultratech Cement Ltd. | Construction | Equity | 0.81% |
Piramal Pharma Ltd. | Healthcare | Equity | 0.81% |
Schaeffler India Ltd. | Capital Goods | Equity | 0.79% |
Abbott India Ltd. | Healthcare | Equity | 0.77% |
Tata Elxsi Ltd. | Technology | Equity | 0.76% |
Avenue Supermarts Ltd. | Services | Equity | 0.71% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 0.67% |
JK Tyre & Industries Ltd. | Automobile | Equity | 0.65% |
Blue Dart Express Ltd. | Services | Equity | 0.40% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.96%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.36
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Cons
5Y and 10Y annualised returns lower than category average
Lock-in period: 3Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.96%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Yogesh PatilJul 2024 - PresentView details
Yogesh Patil
Jul 2024 - Present
View details
Education
Mr. Patil is an MBA (Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Also manages these schemes
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
E-mail
[email protected]Website
www.licmf.com
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,
Email
[email protected]Website
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