LIC MF ELSS Tax Saver – Direct Growth

Equity · ELSS
 · ★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
1.22 %
Expense Ratio
★★
Rating
1,011
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 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 32% 15.6% 14.8% 15.7%
Category Average 39.9% 18.9% 17.1% -

Scheme Allocation

By Holding
By Sector
By Asset
7.16%
6.42%
3.43%
3.23%
Others
76.12%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 7.16%
HDFC Bank Banks Equity 6.42%
St Bk of India Banks Equity 3.64%
Infosys IT - Software Equity 3.43%
Trent Retail Equity 3.23%
Axis Bank Banks Equity 2.95%
Cholaman.Inv.&Fn Finance Equity 2.67%
P I Industries Agro Chemicals Equity 2.4%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.39%
Titan Company Diamond, Gems and Jewellery Equity 2.35%
A B B Capital Goods - Electrical Equipment Equity 2.3%
Reliance Industr Refineries Equity 2.25%
Equitas Sma. Fin Banks Equity 1.96%
HCL Technologies IT - Software Equity 1.92%
Indian Hotels Co Hotels & Restaurants Equity 1.92%
SRF Chemicals Equity 1.88%
Varun Beverages FMCG Equity 1.82%
Grasim Inds Textiles Equity 1.76%
Power Fin.Corpn. Finance Equity 1.72%
Maruti Suzuki Automobile Equity 1.7%
Bajaj Finance Finance Equity 1.68%
Blue Star Consumer Durables Equity 1.67%
ITC Tobacco Products Equity 1.66%
Kirloskar Oil Capital Goods-Non Electrical Equipment Equity 1.61%
Eicher Motors Automobile Equity 1.6%
KPIT Technologi. IT - Software Equity 1.54%
Bajaj Finserv Finance Equity 1.53%
Bharat Forge Castings, Forgings & Fastners Equity 1.53%
Zydus Lifesci. Pharmaceuticals Equity 1.48%
Hind. Unilever FMCG Equity 1.48%
M & M Automobile Equity 1.48%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.4%
Thermax Capital Goods-Non Electrical Equipment Equity 1.35%
Nestle India FMCG Equity 1.34%
Blue Dart Expres Logistics Equity 1.33%
Metro Brands Leather Equity 1.19%
Coforge IT - Software Equity 1.19%
Century Plyboard Plywood Boards/Laminates Equity 1.15%
LTIMindtree IT - Software Equity 1.1%
Swan Energy Diversified Equity 1.1%
Safari Inds. Plastic products Equity 1.04%
Tata Elxsi IT - Software Equity 1%
Navin Fluo.Intl. Chemicals Equity 1%
UltraTech Cem. Cement Equity 1%
CCL Products Plantation & Plantation Products Equity 0.97%
Craftsman Auto Auto Ancillaries Equity 0.96%
Mrs Bectors FMCG Equity 0.95%
AIA Engineering Castings, Forgings & Fastners Equity 0.93%
Abbott India Pharmaceuticals Equity 0.84%
Schaeffler India Bearings Equity 0.77%
Cera Sanitary. Ceramic Products Equity 0.74%
Kotak Mah. Bank Banks Equity 0.73%
ZF Commercial Auto Ancillaries Equity 0.72%
Coromandel Inter Fertilizers Equity 0.72%
Avenue Super. Retail Equity 0.61%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 0.6%
Grasim Inds PP Textiles Equity 0.02%
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
97.89%
Reverse Repos
2.16%
Net Curr Ass/Net Receivables
-0.05%
Others
0%

Advance Ratio

-0.71
Alpha
3.57
SD
0.88
Beta
0.79
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

Amit Nadekar

Mr Nadekar did M.Com, CA and MMS – Finance and has the experience of working at Alchemy Capital Management Pvt. Ltd., Apar Research, Raymond Limited, and First Global Securities.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
26,058 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 Growth ?

You can invest in LIC MF ELSS Tax Saver – Direct Growth 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 Growth 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 Growth ?

The NAV of LIC MF ELSS Tax Saver – Direct Growth is ₹138.6 as of 18 March 2024.

How to redeem LIC MF ELSS Tax Saver – Direct Growth 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 Growth?

The minimum SIP amount of LIC MF ELSS Tax Saver – Direct Growth is ₹500

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

The top sectors LIC MF ELSS Tax Saver – Direct Growth 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 Growth?

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

How much returns have LIC MF ELSS Tax Saver – Direct Growth generated ?

The LIC MF ELSS Tax Saver – Direct Growth has delivered 15.7% since inception

What is the expense ratio of LIC MF ELSS Tax Saver – Direct Growth ?

The expense ratio of LIC MF ELSS Tax Saver – Direct Growth is 1.22 % as of 18 March 2024.

What is the AUM of LIC MF ELSS Tax Saver – Direct Growth?

The AUM of LIC MF ELSS Tax Saver – Direct Growth is ₹26,058 Cr as of 18 March 2024

What are the top stock holdings of LIC MF ELSS Tax Saver – Direct Growth?

The top stock holdings of LIC MF ELSS Tax Saver – Direct Growth are
  1. ICICI Bank - 7.16%
  2. HDFC Bank - 6.42%
  3. St Bk of India - 3.64%
  4. Infosys - 3.43%
  5. Trent - 3.23%

How can I redeem my investments in LIC MF ELSS Tax Saver – Direct Growth?

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 Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now