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LIC MF Tax Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
48.92%
1Y return
+0.29% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹99.32
Min. SIP Amount₹500
Rating3star
Fund Size₹368.27 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns48.9%13.1%13.9%14.9%
Category average54.9%14.2%14.3%NA
Rank with in category292016NA
Understand termsinfo

Holdings (52)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity9.3%
ICICI Bank Ltd.FinancialEquity8.7%
HDFC Bank Ltd.FinancialEquity7.7%
Tata Consultancy Services Ltd.TechnologyEquity5.6%
Avenue Supermarts Ltd.ServicesEquity4.0%
Bajaj Finance Ltd.FinancialEquity3.2%
Reliance Industries Ltd.EnergyEquity2.8%
Kotak Mahindra Bank Ltd.FinancialEquity2.8%
Bharti Airtel Ltd.CommunicationEquity2.3%
Tata Consumer Products Ltd.FMCGEquity2.3%
See All

Pros and cons

Category: Equity ELSS

Pros

  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns

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

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

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sachin Relekar
Mar 2015 - Present
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Yogesh Patil
Sep 2020 - Present
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Fund house & investment objective

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Fund house contact details

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