LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 31.77 as on 19-04-2024
Fund Performance
zero opening, trading, fund transfer fee
21 people have invested ₹ 20.5K in LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl in the last three months

About the LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl has ₹1022 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl Overview

Expense ratio
Expense ratio
0.58%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹1022 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
84.46%

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl Distribution as on (31-Mar-24)

  • Equity 97.2%

  • Debt & Cash 2.8%

Size breakup

Large cap
65.8%
Mid cap
17.9%
Small cap
13.5%
Sector Allocation

Mar'24

Feb'24

Jan'24

Financial Services
31%
Consumer Cyclical
21%
Industrial
15%
Consumer Defensive
9.3%
Tech
9.2%
Basic Materials
9%
Health
3.2%
Energy
2.3%

Top Holdings of LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl as on (31-Mar-24)

  • Equity

Equity Holdings57

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
1.55%
2.36%
-2.23%
Nifty 500
-0.47%
1.58%
1.71%
  • This fund’s returns stands at 1.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
  • This fund outperformed Nifty 500 by 2.02% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 1K Cr
₹ 1K Cr
₹ 996.3 Cr
  • AUM of the fund stands at 1K Cr as of Mar'24
  • AUM increased by 10.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl portfolio Returns for the month of Mar

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl Fund Manager

Karan Doshi
Karan Doshi
Fund Manager of LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl, since 31 July 2023

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.08% since inception which is less than its category average return of 15.51%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.21% in Equity, 0% in Debt and 2.79% in Cash related instruments
AUM size ₹1022 Cr

AUM size ₹1022 Cr

This fund has AUM of ₹1022 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl is ₹31.77 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
4.43%
4.43%
6 Month Returns
10.31%
10.31%
1 Year Returns
30.36%
30.36%
3 Years Returns
62.3%
17.52%
5 Years Returns
99.77%
14.84%
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0.58% as on March 2024
₹1022 Cr as on March 2024
ICICI Bank Ltd(7.29%), HDFC Bank Ltd(6.49%), State Bank of India(3.39%), Infosys Ltd(3.01%), Trent Ltd(2.79%) as on March 2024
Financial Services(30.09%), Consumer Cyclical(20.4%), Industrial(14.62%) as on March 2024
The alpha ratio for the LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl
-0.6
-0.22
-0.74
As on March 2024
The alpha for LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl
0.79
0.85
0.88
As on March 2024
The Beta for LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl
2.05
0.89
0.59
As on March 2024
The sharpe ratio for LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl
10.54
12.41
17.79
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.68 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karan Doshi is the fund manager of LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl
The Exit load of LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl is 0%