LIC MF ELSS Tax Saver – Direct (IDCW)

Equity · ELSS
 · ★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
0.58 %
Expense Ratio
★★
Rating
1,021
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 10 May 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 28.8% 17.5% 16.4% 14.7%
Category Average 33.7% 18.6% 18.4% -

Scheme Allocation

By Holding
By Sector
By Asset
7.46%
6.63%
3.03%
2.81%
Others
76.45%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 7.46%
HDFC Bank Banks Equity 6.63%
St Bk of India Banks Equity 3.62%
Trent Retail Equity 3.03%
Shakti Pumps Capital Goods-Non Electrical Equipment Equity 2.81%
Cholaman.Inv.&Fn Finance Equity 2.79%
Axis Bank Banks Equity 2.78%
Infosys IT - Software Equity 2.78%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.36%
Titan Company Diamond, Gems and Jewellery Equity 2.22%
Reliance Industr Refineries Equity 2.16%
A B B Capital Goods - Electrical Equipment Equity 2.01%
SRF Chemicals Equity 1.96%
P I Industries Agro Chemicals Equity 1.88%
Blue Star Consumer Durables Equity 1.87%
Eicher Motors Automobile Equity 1.85%
Grasim Inds Textiles Equity 1.85%
Maruti Suzuki Automobile Equity 1.84%
Varun Beverages FMCG Equity 1.83%
Equitas Sma. Fin Banks Equity 1.82%
Power Fin.Corpn. Finance Equity 1.8%
Kirloskar Oil Capital Goods-Non Electrical Equipment Equity 1.71%
Indian Hotels Co Hotels & Restaurants Equity 1.7%
ITC Tobacco Products Equity 1.7%
Thermax Capital Goods-Non Electrical Equipment Equity 1.65%
Bharat Forge Castings, Forgings & Fastners Equity 1.61%
M & M Automobile Equity 1.58%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.55%
Bajaj Finserv Finance Equity 1.48%
KPIT Technologi. IT - Software Equity 1.39%
Zydus Lifesci. Pharmaceuticals Equity 1.34%
Blue Dart Expres Logistics Equity 1.32%
Hind. Unilever FMCG Equity 1.31%
HCL Technologies IT - Software Equity 1.3%
Nestle India FMCG Equity 1.23%
ZF Commercial Auto Ancillaries Equity 1.13%
Mrs Bectors FMCG Equity 1.08%
Navin Fluo.Intl. Chemicals Equity 1.08%
Metro Brands Leather Equity 1.07%
Safari Inds. Plastic products Equity 1.03%
CCL Products Plantation & Plantation Products Equity 1.02%
Avenue Super. Retail Equity 1.01%
UltraTech Cem. Cement Equity 0.96%
Craftsman Auto Auto Ancillaries Equity 0.96%
Schaeffler India Bearings Equity 0.94%
LTIMindtree IT - Software Equity 0.93%
AIA Engineering Castings, Forgings & Fastners Equity 0.92%
Coforge IT - Software Equity 0.88%
Swan Energy Diversified Equity 0.87%
Mankind Pharma Pharmaceuticals Equity 0.86%
Tata Elxsi IT - Software Equity 0.86%
Coromandel Inter Fertilizers Equity 0.77%
Abbott India Pharmaceuticals Equity 0.75%
Kotak Mah. Bank Banks Equity 0.67%
Cera Sanitary. Ceramic Products Equity 0.67%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 0.58%
Affle India IT - Software Equity 0.58%
Banks
22.86%
IT-Software
10.18%
Consumer Durables
8.14%
Finance
7.6%
Retailing
5.24%
Others
45.98%
View all Sectors
Sectors Asset
Banks 22.86%
IT-Software 10.18%
Consumer Durables 8.14%
Finance 7.6%
Retailing 5.24%
Automobiles 4.78%
Industrial Products 4.67%
Electrical Equipments 3.65%
Diversified FMCG 3.14%
Fertilisers & Agrochemica 3.12%
Chemicals & Petrochemical 2.88%
Cement & Cement Products 2.78%
Auto Components 2.45%
Construction 2.39%
Pharmaceuticals & Biotech 2.32%
Food Products 2.29%
Petroleum Products 2.25%
Debt 2.16%
Leisure Services 1.92%
Beverages 1.82%
Transport Services 1.33%
Realty 1.1%
Agricultural Food & other 0.97%
Cash & Others -0.05%
Equity
97.84%
Reverse Repos
2.57%
Net Curr Ass/Net Receivables
-0.46%
Others
0.05%

Advance Ratio

0.09
Alpha
3.54
SD
0.84
Beta
0.82
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The scheme aims is to provide capital growth to the investor along with tax rebate and tax relief to investors through prudent investments in the stock markets

Fund Managers

Dikshit Mittal

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
30,217 Cr
Address:
4th Floor, Industrial Insurance Building, Opp.Churchgate Stati Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

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Frequently Asked Questions

How to invest in LIC MF ELSS Tax Saver – Direct (IDCW) ?

You can invest in LIC MF ELSS Tax Saver – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF ELSS Tax Saver – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of LIC MF ELSS Tax Saver – Direct (IDCW) ?

The NAV of LIC MF ELSS Tax Saver – Direct (IDCW) is ₹32.4 as of 10 May 2024.

How to redeem LIC MF ELSS Tax Saver – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of LIC MF ELSS Tax Saver – Direct (IDCW)?

The minimum SIP amount of LIC MF ELSS Tax Saver – Direct (IDCW) is ₹500

What are the top sectors LIC MF ELSS Tax Saver – Direct (IDCW) has invested in?

The top sectors LIC MF ELSS Tax Saver – Direct (IDCW) has invested in are
  1. Banks - 22.86%
  2. IT-Software - 10.18%
  3. Consumer Durables - 8.14%
  4. Finance - 7.6%
  5. Retailing - 5.24%

Can I make investments in both the SIP and Lump Sum schemes of LIC MF ELSS Tax Saver – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of LIC MF ELSS Tax Saver – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have LIC MF ELSS Tax Saver – Direct (IDCW) generated ?

The LIC MF ELSS Tax Saver – Direct (IDCW) has delivered 14.7% since inception

What is the expense ratio of LIC MF ELSS Tax Saver – Direct (IDCW) ?

The expense ratio of LIC MF ELSS Tax Saver – Direct (IDCW) is 0.58 % as of 10 May 2024.

What is the AUM of LIC MF ELSS Tax Saver – Direct (IDCW)?

The AUM of LIC MF ELSS Tax Saver – Direct (IDCW) is ₹30,217 Cr as of 10 May 2024

What are the top stock holdings of LIC MF ELSS Tax Saver – Direct (IDCW)?

The top stock holdings of LIC MF ELSS Tax Saver – Direct (IDCW) are
  1. ICICI Bank - 7.46%
  2. HDFC Bank - 6.63%
  3. St Bk of India - 3.62%
  4. Trent - 3.03%
  5. Shakti Pumps - 2.81%

How can I redeem my investments in LIC MF ELSS Tax Saver – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF ELSS Tax Saver – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now