|Min SIP Amount||₹500|
|NAV||₹19.23 (26 Feb 2021)|
|Fund Started||03 Feb 1999|
|Fund Size||₹314 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.7%|
|HDFC Bank Ltd.||Financial||Equity||8.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.6%|
|Avenue Supermarts Ltd.||Services||Equity||3.9%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.7%|
|Bajaj Finance Ltd.||Financial||Equity||3.0%|
|Reliance Industries Ltd.||Energy||Equity||2.9%|
|Bharti Airtel Ltd.||Communication||Equity||2.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.5%|
LIC MF Tax Plan Dividend is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 03 Feb 1999. Sachin Relekar is the Current Fund Manager of LIC MF Tax Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹314 Cr and the Latest NAV as of 26 Feb 2021 is ₹19.23.
The LIC MF Tax Plan Dividend is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Earlier known as Dhan Tax Saver '97, the scheme seeks maximum capital growth with equity allocation up to 85 per cent of the corpus. Allocation to debentures and money market instruments can be up to 15 per cent each. It was made open-ended in April 2000.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.