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LIC MF Tax Plan Growth+1.34%

8.42%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Tax Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.50%
NAV₹81.42 (19 Jan 2021)
Fund Started03 Feb 1999
Fund Size326 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
8.4%
6.9%
13.7%
10.7%
Category Average
17.5%
6.3%
13.8%
-
Rank Within Category
33
15
15
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 8.4% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Exit load is zero
4. Age is more than 10 years
5. 3Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. 10Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.53%
11. 1Y Returns are lower than the category average returns
12. 5Y Returns are lower than the category average returns
13. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity9.0%
ICICI Bank Ltd.FinancialEquity7.9%
Infosys Ltd.TechnologyEquity7.9%
Tata Consultancy Services Ltd.TechnologyEquity5.0%
Kotak Mahindra Bank Ltd.FinancialEquity4.3%
Avenue Supermarts Ltd.ServicesEquity3.8%
Bajaj Finance Ltd.FinancialEquity3.4%
Reliance Industries Ltd.EnergyEquity3.1%
Bharti Airtel Ltd.CommunicationEquity2.4%
Hindustan Unilever Ltd.FMCGEquity2.4%
See All

Fund Managers

Sachin Relekar
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Yogesh Patil
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LIC MF Tax Plan Growth Details

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 ₹326 Cr and the Latest NAV as of 19 Jan 2021 is ₹81.42.

The LIC MF Tax Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

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.

Tax Implications

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

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About LIC Mutual Fund

Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
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,
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