| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.53% |
| NAV | ₹63.84 (25 Sep 2020) |
|---|---|
| Fund Started | 03 Feb 1999 |
| Fund Size | ₹267 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.9% |
| Infosys Ltd. | Technology | Equity | 7.6% |
| Bajaj Finance Ltd. | Financial | Equity | 6.4% |
| ICICI Bank Ltd. | Financial | Equity | 5.6% |
| Avenue Supermarts Ltd. | Services | Equity | 4.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.2% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.6% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 3.0% |
| Tata Consumer Products Ltd. | FMCG | Equity | 2.9% |
LIC MF Tax Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹267 Cr and the Latest NAV as of 25 Sep 2020 is ₹63.84.
The LIC MF Tax Plan Growth is rated Moderately 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%.