LIC MF Tax Direct Plan Growth+0.60%

3
-6.37%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Tax Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.27%
NAV65.94 (09 Jul 2020)
Fund Started01 Jan 2013
Fund Size223 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Tax Direct Plan Growth
-6.4%
3.0%
5.2%
11.0%
Category Average
-16.6%
-3.7%
6.3%
-
Rank within category
19
12
20
-
*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 -6.4% 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.FinancialEquity6.7%
    Avenue Supermarts Ltd.ServicesEquity5.7%
    Infosys Ltd.TechnologyEquity5.4%
    ICICI Bank Ltd.FinancialEquity5.0%
    Tata Consultancy Services Ltd.TechnologyEquity4.3%
    Bajaj Finance Ltd.FinancialEquity4.3%
    Kotak Mahindra Bank Ltd.FinancialEquity3.8%
    Bharti Airtel Ltd.CommunicationEquity3.4%
    Hindustan Unilever Ltd.FMCGEquity3.2%
    Bata India Ltd.FMCGEquity3.1%
    See All

    LIC MF Tax Direct Plan Growth Details

    LIC MF Tax Direct Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹223 Cr and the Latest NAV as of 09 Jul 2020 is ₹65.94.

    The LIC MF Tax Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    To provide long term capital appreciation and tax saving u/s 88 of IT Act

    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

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    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,
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