LIC MF ELSS Tax Saver Fund Growth

LIC MF ELSS Tax Saver Fund Growth

+6.72%
3Y annualised
-1.62% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct '26
₹137.33
Min. for SIP
₹500
Fund size (AUM)
₹972.31 Cr
Expense ratio
2.46%
Rating
2

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹57,055
-4.91%
3 years₹1,80,000₹1,75,033
-2.76%
5 years₹3,00,000₹3,39,317
+13.11%
10 years₹6,00,000₹9,74,110
+62.35%

Holdings (56)

NameSectorInstrumentsAssets
ICICI Bank LtdFinancialEquity8.21%
HDFC Bank LtdFinancialEquity4.94%
Axis Bank LtdFinancialEquity4.32%
SML Isuzu LtdConsumer DiscretionaryEquity4.01%
Cholamandalam Investment & Finance Company LtdFinancialEquity3.51%
State Bank of IndiaFinancialEquity3.16%
SRF LtdMaterialsEquity2.84%
INDO-MIM Ltd.IndustrialsEquity2.61%
Zomato LtdTechnologyEquity2.60%
RepoUnspecifiedRepo2.47%
Larsen & Toubro LtdIndustrialsEquity2.42%
Kirloskar Oil Engines LtdIndustrialsEquity2.17%
Torrent Pharmaceuticals LtdHealthcareEquity2.07%
Abbott India LtdHealthcareEquity2.07%
Blue Star LtdIndustrialsEquity2.05%
Star Cement LtdMaterialsEquity2.05%
Eicher Motors LtdConsumer DiscretionaryEquity2.00%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity1.98%
Navin Fluorine International LtdMaterialsEquity1.97%
Suven Pharmaceuticals LtdHealthcareEquity1.90%
Indus Towers LtdTechnologyEquity1.89%
TVS Motor Company LtdConsumer DiscretionaryEquity1.77%
Trent LtdConsumer DiscretionaryEquity1.77%
Persistent Systems LtdTechnologyEquity1.66%
Samvardhana Motherson International LtdConsumer DiscretionaryEquity1.59%
Ather Energy Ltd.Consumer DiscretionaryEquity1.58%
Mrs. Bectors Food Specialities LtdConsumer StaplesEquity1.51%
Bajaj Finserv LtdFinancialEquity1.48%
Bharat Forge LtdConsumer DiscretionaryEquity1.47%
Dr. Agarwal’S Health Care Ltd.HealthcareEquity1.46%
Schaeffler India LtdIndustrialsEquity1.46%
Affle (India) LtdIndustrialsEquity1.45%
RateGain Travel Technologies LtdTechnologyEquity1.42%
Varun Beverages LtdConsumer StaplesEquity1.42%
Brigade Enterprises LtdReal EstateEquity1.41%
Sun Pharmaceutical Industries LtdHealthcareEquity1.29%
Mankind Pharma Ltd.HealthcareEquity1.24%
Coromandel International LtdMaterialsEquity1.20%
Hindustan Unilever LtdConsumer StaplesEquity1.19%
Schloss Bangalore Ltd.Consumer DiscretionaryEquity1.18%
Delhivery LtdIndustrialsEquity1.18%
ITC LtdConsumer StaplesEquity1.11%
Eureka Forbes LtdConsumer DiscretionaryEquity1.06%
Apollo Hospitals Enterprise LtdHealthcareEquity1.05%
Multi Commodity Exchange Of India LtdFinancialEquity1.04%
Neuland Laboratories LtdHealthcareEquity1.00%
Metro Brands LtdConsumer DiscretionaryEquity0.91%
Maruti Suzuki India LtdConsumer DiscretionaryEquity0.87%
Aster DM Healthcare LtdHealthcareEquity0.71%
Ultratech Cement LtdMaterialsEquity0.65%
Shakti Pumps (India) LtdIndustrialsEquity0.59%
Mahindra & Mahindra Financial Services LtdFinancialEquity0.50%
Nephrocare Health Services Ltd.HealthcareEquity0.34%
National Stock Exchange Of India Ltd EquityFinancialEquity0.20%
Blue Dart Express LtdIndustrialsEquity0.18%
Net PayablesUnspecifiedNet Payables-0.17%
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
Name3Y5Y10YAll
Fund returns+6.7%+6.3%+9.4%+9.7%
Category average (Equity ELSS)+9.1%+7.9%+11.6%+19.1%
Rank (Equity ELSS)272626--

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

SB
Sumit Bhatnagar
Apr 2026 - Present
View details

Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.

NK
Nikhil Kapoor
Jul 2026 - Present
View details

Education
Executive MBA IIM Indore, Post Graduate Diploma in Business Management - NMIMS, Bachelor of Management Studies.
Experience
Prior to joining the LIC MF, he was associated with JM Financial Servies Ltd.

About LIC MF ELSS Tax Saver Fund Growth

LIC MF ELSS Tax Saver Fund 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 Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹46,537 Cr and the Latest NAV as of 22 Oct 2026 is ₹137.33. The LIC MF ELSS Tax Saver Fund 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₹46,536.82 Cr
Date of Incorporation20 Apr 1994
Phone022-66016177 / 022-66016178
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
CustodianStandard Chartered Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,