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LIC MF Tax Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
17.94%
3Y annualised
-1.14% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Jan 2022₹111.12
Min. SIP amount₹500
Rating3
Fund size₹407.53Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns25.7%17.9%16.6%15.5%
Category average54.9%14.2%14.3%NA
Rank with in category282518NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
TechnologyEquity9.4%
FinancialEquity9.3%
FinancialEquity6.8%
TechnologyEquity5.5%
ServicesEquity5.1%
FinancialEquity3.4%
EnergyEquity2.8%
CommunicationEquity2.7%
FinancialEquity2.6%
TechnologyEquity2.5%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.3%

Cons

Lower AUM: 407Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 28.23%
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 1.30%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

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 Patil
Sep 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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FAQs

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