1M
6M
1Y
3Y
5Y
All
| NAV: 17 Apr 2025 | ₹167.71 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹1,088.39Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹60,000
Would have become ₹60,406 (+0.68%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 17.3% | 15.5% | 22.0% | 16.0% |
| Category average | 7.4% | 14.6% | 23.5% | NA |
| Rank with in category | 1 | 15 | 29 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 9.0% | 23.2% | 27,730.33 |
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 10.3% | 22.6% | 3,816.77 |
HDFC ELSS Tax Saver Fund Direct Plan Growth | 5 | 15.7% | 21.8% | 15,555.71 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 15.0% | 18.1% | 4,905.72 |
Quantum ELSS Tax Saver Fund Direct Growth | 4 | 11.4% | 17.1% | 209.18 |
Holdings (55)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 8.44% |
HDFC Bank Ltd. | Financial | Equity | 7.70% |
Shakti Pumps (India) Ltd. | Capital Goods | Equity | 6.22% |
Trent Ltd. | Services | Equity | 3.38% |
State Bank of India | Financial | Equity | 3.26% |
Infosys Ltd. | Technology | Equity | 2.96% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.94% |
Blue Star Ltd. | Consumer Discretionary | Equity | 2.58% |
Axis Bank Ltd. | Financial | Equity | 2.54% |
Larsen & Toubro Ltd. | Construction | Equity | 2.21% |
SRF Ltd. | Diversified | Equity | 2.12% |
Grasim Industries Ltd. | Construction | Equity | 1.93% |
Power Finance Corporation Ltd. | Financial | Equity | 1.92% |
Titan Company Ltd. | Consumer Discretionary | Equity | 1.82% |
Reliance Industries Ltd. | Energy | Equity | 1.81% |
PI Industries Ltd. | Chemicals | Equity | 1.70% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.67% |
Eicher Motors Ltd. | Automobile | Equity | 1.66% |
Varun Beverages Ltd. | Consumer Staples | Equity | 1.61% |
Maruti Suzuki India Ltd. | Automobile | Equity | 1.60% |
Eternal Ltd. | Services | Equity | 1.57% |
ITC Ltd. | Consumer Staples | Equity | 1.54% |
Bajaj Finserv Ltd. | Financial | Equity | 1.53% |
HCL Technologies Ltd. | Technology | Equity | 1.47% |
Bharat Forge Ltd. | Automobile | Equity | 1.43% |
Eureka Forbes Ltd. | Metals & Mining | Equity | 1.42% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.41% |
ABB India Ltd. | Capital Goods | Equity | 1.40% |
EIH Ltd. | Services | Equity | 1.32% |
Navin Fluorine International Ltd. | Chemicals | Equity | 1.28% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.28% |
Coromandel International Ltd. | Chemicals | Equity | 1.21% |
Affle (India) Ltd. | Technology | Equity | 1.18% |
Kirloskar Oil Engines Ltd. | Capital Goods | Equity | 1.16% |
Thermax Ltd. | Capital Goods | Equity | 1.13% |
Mrs. Bectors Food Specialities Ltd. | Consumer Staples | Equity | 1.13% |
Mankind Pharma Ltd. | Healthcare | Equity | 1.07% |
Nestle India Ltd. | Consumer Staples | Equity | 1.07% |
ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 1.03% |
Metro Brands Ltd. | Consumer Staples | Equity | 0.97% |
CCL Products (India) Ltd. | Consumer Staples | Equity | 0.93% |
Craftsman Automation Ltd. | Automobile | Equity | 0.88% |
Zydus Lifesciences Ltd. | Healthcare | Equity | 0.88% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 0.86% |
Avenue Supermarts Ltd. | Services | Equity | 0.86% |
Ultratech Cement Ltd. | Construction | Equity | 0.86% |
LTIMindtree Ltd. | Technology | Equity | 0.86% |
Abbott India Ltd. | Healthcare | Equity | 0.84% |
Schaeffler India Ltd. | Capital Goods | Equity | 0.83% |
Dr. Agarwal's Health Care Ltd. | Healthcare | Equity | 0.80% |
Piramal Pharma Ltd. | Healthcare | Equity | 0.72% |
Tata Elxsi Ltd. | Technology | Equity | 0.61% |
JK Tyre & Industries Ltd. | Automobile | Equity | 0.49% |
Blue Dart Express Ltd. | Services | Equity | 0.37% |
Quadrant Future Tek Ltd. | Capital Goods | Equity | 0.01% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 0.97%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.05
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
1Y category rank: 1
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: 0.97%
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
Dikshit MittalJul 2023 - PresentView details
Dikshit Mittal
Jul 2023 - Present
View details
Education
Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
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
br.mumbai@licmf.comWebsite
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,
Website
www.karvymfs.comCompare funds
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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