LIC MF Tax Direct Plan Dividend+2.21%

3
-6.93%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Tax Direct Plan Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.29%
NAV17.57 (25 Sep 2020)
Fund Started01 Jan 2013
Fund Size267 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Tax Direct Plan Dividend
-6.9%
4.3%
7.1%
11.3%
Category Average
14.4%
1.5%
10.7%
-
Rank within category
32
13
19
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -6.9% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.9%
    Infosys Ltd.TechnologyEquity7.6%
    Bajaj Finance Ltd.FinancialEquity6.4%
    ICICI Bank Ltd.FinancialEquity5.6%
    Avenue Supermarts Ltd.ServicesEquity4.7%
    Tata Consultancy Services Ltd.TechnologyEquity4.2%
    Reliance Industries Ltd.EnergyEquity3.8%
    Kotak Mahindra Bank Ltd.FinancialEquity3.6%
    Ipca Laboratories Ltd.HealthcareEquity3.0%
    Tata Consumer Products Ltd.FMCGEquity2.9%
    See All

    LIC MF Tax Direct Plan Dividend Details

    LIC MF Tax Direct Plan Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Tax Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹267 Cr and the Latest NAV as of 25 Sep 2020 is ₹17.57.

    The LIC MF Tax Direct Plan Dividend is rated Moderately 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.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    LIC MF Tax Direct Plan Dividend
    VS
    search

    About LIC Mutual Fund

    Address
    4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
    Phone
    022-66016000
    Launch Date
    20 Apr 1994
    Website
    NA
    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,
    Similar Funds
    Data not available