1M
6M
1Y
3Y
5Y
All
| NAV: 07 Oct 2024 | ₹38.22 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹1,192.26Cr |
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 | 35.4% | 16.3% | 19.2% | 17.1% |
| Category average | 35.9% | 16.6% | 21.7% | NA |
| Rank with in category | 22 | 20 | 29 | NA |
Understand terms
Holdings (56)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 7.02% |
HDFC Bank Ltd. | Financial | Equity | 6.29% |
Shakti Pumps (India) Ltd. | Capital Goods | Equity | 5.59% |
Trent Ltd. | Services | Equity | 4.33% |
Infosys Ltd. | Technology | Equity | 3.35% |
State Bank of India | Financial | Equity | 3.15% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.57% |
Axis Bank Ltd. | Financial | Equity | 2.47% |
Larsen & Toubro Ltd. | Construction | Equity | 2.14% |
PI Industries Ltd. | Chemicals | Equity | 2.04% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.95%
Higher alpha: 1.11
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Cons
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
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 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
www.karvymfs.comCompare funds
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