Groww Logo
Home>Mutual Funds>LIC Mutual Fund>LIC MF Tax Plan IDCW

LIC MF Tax Plan IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
15.29%
3Y annualised
+0.45% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 08 Aug 2022₹22.16
Min. SIP amountNot Supported
Rating3
Fund size₹408.85Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.5%15.3%10.6%9.5%
Category average54.9%14.2%14.3%NA
Rank with in category162716NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity9.4%
Infosys Ltd.TechnologyEquity8.0%
HDFC Bank Ltd.FinancialEquity6.9%
Tata Consultancy Services Ltd.TechnologyEquity4.9%
Reliance Industries Ltd.EnergyEquity4.3%
Avenue Supermarts Ltd.ServicesEquity3.3%
Bharti Airtel Ltd.CommunicationEquity3.1%
Bajaj Finance Ltd.FinancialEquity2.9%
Kotak Mahindra Bank Ltd.FinancialEquity2.7%
Brigade Enterprises Ltd.ConstructionEquity2.1%
See All

Expense ratio, exit load and tax

Expense ratio: 2.57%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Amit Nadekar
Jun 2022 - Present
View details

Education
Mr. Nadekar has done M.Com, CA and MMS(Finance).
Experience
Prior to joining LIC Mutual Fund, he has worked with Alchemy Capital Management Pvt. Ltd., Raymond Limited, Apar Research and First Global Securities.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
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,

Compare funds

LIC MF Tax Plan IDCW
VS
Add mutual fund to compare

FAQs

How to Invest in LIC MF Tax Plan IDCW?

You can easily invest in LIC MF Tax Plan IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for LIC MF Tax Plan IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in LIC MF Tax Plan IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Tax Plan IDCW provide?

The LIC MF Tax Plan IDCW has been there from 31 Mar 1997 and the average annual returns provided by this fund is 6.47% since its inception.

How much expense ratio is charged by LIC MF Tax Plan IDCW?

The term Expense Ratio used for LIC MF Tax Plan IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of LIC MF Tax Plan IDCW is 2.57% as of 10 Aug 2022...

What is the AUM of LIC MF Tax Plan IDCW?

The AUM, short for Assets Under Management of LIC MF Tax Plan IDCW is ₹408.85Cr as of 10 Aug 2022.

How to Redeem LIC MF Tax Plan IDCW?

If you want to sell your LIC MF Tax Plan IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Tax Plan IDCW?

You can select either SIP or Lumpsum investment of LIC MF Tax Plan IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF Tax Plan IDCW?

The NAV of LIC MF Tax Plan IDCW is ₹22.16 as of 08 Aug 2022.

What is the PE and PB ratio of LIC MF Tax Plan IDCW?

The PE ratio ratio of LIC MF Tax Plan IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.2.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI