| NAV: 27 May 2022 | ₹91.07 |
| Min. SIP amount | NA |
| Rating | 3 |
| Fund size | ₹402.65Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.8% | 10.3% | 9.6% | 9.1% |
| Category average | 54.9% | 14.2% | 14.3% | NA |
| Rank with in category | 20 | 23 | 16 | NA |
Holdings (54)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| Infosys Ltd. | Technology | Equity | 7.9% |
| HDFC Bank Ltd. | Financial | Equity | 6.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.9% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Avenue Supermarts Ltd. | Services | Equity | 3.5% |
| Bajaj Finance Ltd. | Financial | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 2.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.7% |
| Tata Consumer Products Ltd. | Consumer Staples | Equity | 2.2% |
Expense ratio, exit load and tax
Expense ratio: 2.54%
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Yogesh PatilSep 2020 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in LIC MF Tax Plan Growth?
You can easily invest in LIC MF Tax Plan Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does LIC MF Tax Plan Growth provide?
The LIC MF Tax Plan Growth has been there from 30 Mar 1997 and the average annual returns provided by this fund is 4.85% since its inception.
How much expense ratio is charged by LIC MF Tax Plan Growth?
The term
Expense Ratio used for LIC MF Tax Plan Growth 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 Growth is 2.54% as of 28 May 2022...
What is the AUM of LIC MF Tax Plan Growth?
The AUM, short for Assets Under Management of LIC MF Tax Plan Growth is ₹402.65Cr as of 28 May 2022.
How to Redeem LIC MF Tax Plan Growth?
If you want to sell your LIC MF Tax Plan Growth 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 Growth?
What is the NAV of LIC MF Tax Plan Growth?
The NAV of LIC MF Tax Plan Growth is ₹91.07 as of 27 May 2022.
