LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl

LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 25.9 as on 06-10-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.2%
11.9%
1.2%
1.2%
15.4%
11.3%
Benchmark
-2.3%
9.8%
-2.4%
-1.1%
18.1%
11.2%
Category
-4.9%
-3.9%
2.7%
-3.3%
8.1%
9.8%
About the Fund

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

Key parameters

1) LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl has a NAV of 25.8654 as on 06-10-2022.

2) LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl has 421 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 1.47 %.

Fund Overview

Expense ratio
Expense ratio
1.47%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹421 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
30.78%

Fund Distribution

  • Equity 96.4%
  • Debt & Cash 3.6%
Size breakup
Large cap
67.7%
Mid cap
18.2%
Small cap
7.6%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

33.8%

Consumer Cyclical

19.1%

Tech

12.2%

Basic Materials

9%

Consumer Defensive

8.9%

Industrial

6.4%

Health

4.7%

Communication

3.5%

Real Estate

2.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings58
Equity Holdings57
Debt Holdings1
Holdings
Weight%
Holdings Trend
1M Change
icon
ICICI Bank Ltd
9.11%
0%
icon
Infosys Ltd
6.59%
0%
icon
HDFC Bank Ltd
5.65%
0%
icon
Bajaj Finance Ltd
3.94%
15.3%
icon
Treps
3.82%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 16.6 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 425.4 Cr
Jul'22
₹ 408.8 Cr
Jun'22
₹ 371 Cr

Fund Returns vs Benchmark

Aug'22
10.19%
9.49%
Jul'22
10.19%
9.49%
Jun'22
-5.45%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
60
62
62
Top 5 Company Concentration
30.4%
30.7%
33.5%
Company having highest exposure
ICICI Bank Ltd (9.3%)
ICICI Bank Ltd (8.9%)
ICICI Bank Ltd (9.4%)
No of Sectors
10
11
12
Top 5 Sectors Concentration
78.1%
76.6%
78.1%
Sector having highest exposure
Financial Services (31.8%)
Financial Services (31.5%)
Financial Services (33.1%)

Fund Manager

Amit Nadekar

Amit Nadekar

Managing this fund since 6 June 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF Tax Plan-Direct Plan Growth Option
15.3%
18.04%
LIC MF Flexi Cap Fund Direct Plan Growth Option
13.15%
17.73%

AMC details

Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+912222812038
Fund House
LIC Mutual Fund Asset Management Limited

Fund Highlights

meter
pointer

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 13.7% since inception which is less than its category average return of 13.78%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.42% in Equity, 0% in Debt and 3.58% in Cash related instruments
AUM size ₹421 Cr

AUM size ₹421 Cr

This fund has AUM of ₹421 Cr which is less than its category average of ₹ 2720 Cr
Expense Ratio 1.47%

Expense Ratio 1.47%

This fund has an expense ratio of 1.47% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl is 25.77.
Existing (Absolute + CAGR)
LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
-0.07%
-0.07%
6 Month Returns
0.09%
0.09%
1 Year Returns
0.74%
0.74%
3 Years Returns
52.95%
15.22%
5 Years Returns
72.03%
11.46%
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1.47 as on September 2022
425 Cr as on September 2022
ICICI Bank Ltd(9.27%),Infosys Ltd(7.13%),HDFC Bank Ltd(6.34%),Bajaj Finance Ltd(3.88%),Avenue Supermarts Ltd(3.78%) as on September 2022
Financial Services(31.78%),Consumer Cyclical(17.97%),Tech(11.45%) as on September 2022
The alpha ratio for the LIC MF Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
0.4
-2.29
-0.67
As on month end.
The alpha for LIC MF Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
0.93
0.91
0.93
As on month end.
The Beta for LIC MF Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
-0.18
0.54
0.41
As on month end.
The sharpe ratio for LIC MF Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment 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 Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
14.83
21.27
19.26
As on month end.
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.
0.71
Amit Nadekar is the fund manager of LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl
The Exit load of LIC MF Tax Plan-Direct Plan Reinvestment of Income Dis cum Cap Wrdl is 0%