LIC MF ELSS Direct IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
22.40%
3Y annualised
-0.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Sep 2023₹28.52
Min. SIP amount₹500
Rating2
Fund size₹955.94Cr

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 returns12.1%22.4%13.3%14.3%
Category average14.8%23.7%13.8%NA
Rank with in category262423NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
FinancialEquity7.6%
FinancialEquity7.6%
FinancialEquity4.7%
TechnologyEquity3.7%
FinancialEquity3.1%
FinancialEquity2.6%
ChemicalsEquity2.4%
Capital GoodsEquity2.2%
Consumer DiscretionaryEquity2.1%
ConstructionEquity2.0%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lower expense ratio: 1.29%
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.29%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 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

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
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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