LIC MF Tax Plan Growth+0.33%

3Groww
13.15%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Tax Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.45%
NAV71.86 (12 Dec 2019)
Fund Started03 Feb 1999
Fund Size256 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Tax Plan Growth
13.2%
13.9%
9.1%
9.1%
Category Average
-6.3%
6.2%
9.9%
-
Rank within category
5
7
11
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 13.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. 1Y Returns are higher than the benchmark
    4. Exit load is zero
    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. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark
    6. 10Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.7%
    ICICI Bank Ltd.FinancialEquity5.9%
    Bajaj Finance Ltd.FinancialEquity5.7%
    Tata Consultancy Services Ltd.TechnologyEquity5.3%
    Infosys Ltd.TechnologyEquity5.2%
    City Union Bank Ltd.FinancialEquity4.4%
    Avenue Supermarts Ltd.ServicesEquity4.1%
    Bajaj Finserv Ltd.FinancialEquity4.1%
    Reliance Industries Ltd.EnergyEquity3.6%
    Cholamandalam Investment & Finance Co. Ltd.FinancialEquity3.2%
    See All

    Other Details

    LIC MF Tax Plan Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 03 Feb 1999. Sachin Relekar is the Current Fund Manager of LIC MF Tax Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹256 Cr and the Latest NAV as of 12 Dec 2019 is ₹71.86.

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

    Investment Objective

    To provide long term capital appreciation and tax saving u/s 88 of IT Act

    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
    19 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    + ₹1,000
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