LIC MF ELSS Tax Saver Fund Direct Growth

LIC MF ELSS Tax Saver Fund Direct Growth

Equity

LIC Mutual Fund

Elss (Tax Savings)

Get the latest NAV of LIC MF ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹172.88

▲0.5%1D

NAV as on 16 May 2025

15.21%/per year

Since Inception

Absolute Gain%

▲▼

326 people have invested ₹ 7.2L in LIC MF ELSS Tax Saver Fund Direct Growth in the last three months

LIC MF ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (16-May-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
4.26%
6.85%
6.49%
3 Months
9.05%
10.85%
9.16%
6 Months
3.44%
4.13%
1.72%
1 Year
14.43%
9.28%
10.16%
3 Years
20.76%
19%
21.02%
5 Years
24.38%
24.97%
25.44%

LIC MF ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

17
/23
42% Performance
51% Risk Management
26% Cost

Ranked 17 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF ELSS Tax Saver Fund
17/23
1,088Cr
0.97%
14.43%
20.76%
15.21%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%
See all
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: Underperforms benchmarks during bull run
Underperforms benchmarks during bull run

LIC MF ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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LIC MF ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 94.5%

Debt & Cash 5.5%

Large cap
62.2%
Small cap
17.4%
Mid cap
14.2%
Mid Cap allocation has gone down from 14.5% to 14.2%
Mid Cap allocation has gone down from 14.5% to 14.2%
Large Cap allocation has gone down from 63% to 62.2%
Large Cap allocation has gone down from 63% to 62.2%
Small Cap allocation has gone down from 18.1% to 17.4%
Small Cap allocation has gone down from 18.1% to 17.4%
Cash allocation has gone up from 3.5% to 5.5%
Cash allocation has gone up from 3.5% to 5.5%

LIC MF ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 94.5%

Debt & Cash 5.5%

Financial Services
27.2%
Consumer Cyclical
22.6%
Industrial
16.5%
Tech
9.4%
Consumer Defensive
9.3%
Basic Materials
8.4%
Health
3.7%
Energy
1.8%
Communication
1.1%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

32%

Consumer Cyclical

19%

Industrial

17%

Mar'25

Financial Services

30%

Consumer Cyclical

21%

Industrial

18%

LIC MF ELSS Tax Saver Fund Holdings Details

as on (30-Apr-25)

Equity

Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 8.44% to 8.93%
ICICI Bank Ltd's allocation increased from 8.44% to 8.93%
Tata Consultancy Services Ltd's allocation increased from 1.41% to 1.88%
Tata Consultancy Services Ltd's allocation increased from 1.41% to 1.88%
HDFC Bank Ltd's allocation increased from 7.7% to 8.11%
HDFC Bank Ltd's allocation increased from 7.7% to 8.11%
Top Stocks sold last month
Shakti Pumps (India) Ltd's allocation decreased from 6.22 % to 5.34 %
Shakti Pumps (India) Ltd's allocation decreased from 6.22 % to 5.34 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 2.94 % to 2.89 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 2.94 % to 2.89 %
Trent Ltd's allocation decreased from 3.38 % to 2.82 %
Trent Ltd's allocation decreased from 3.38 % to 2.82 %

LIC MF ELSS Tax Saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.97%
Benchmark
Nifty 500 TR INR
AUM₹1088 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
41.92%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About LIC MF ELSS Tax Saver Fund

LIC MF ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF ELSS Tax Saver Fund Direct Growth has ₹1088 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 1.

Returns

LIC MF ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.43%, 20.76% and 24.38% respectively.

Holdings

LIC MF ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Basic Materials, Tech, Health, Energy, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Shakti Pumps (India) Ltd, State Bank of India, Cholamandalam Investment and Finance Co Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of LIC MF ELSS Tax Saver Fund Direct Growth

To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. However, there is no assurance that the investment objective of the Schemes will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for LIC MF ELSS Tax Saver Fund Direct Growth of 3 Years

Fund Manager

Yogesh Patil

Fund Manager of LIC MF ELSS Tax Saver Fund Direct Growth, since 1 July 2024

Learn more about LIC Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 1.1K Cr
₹ 1.1K Cr
₹ 1K Cr
  • AUM of the fund stands at 1.1K Cr as of Apr'25
  • AUM decreased by 0.4 Cr between Apr'25 and Mar'25

Compare LIC MF ELSS Tax Saver Fund

LIC MF ELSS Tax Saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for LIC MF ELSS Tax Saver Fund Direct Growth

What is the current NAV of LIC MF ELSS Tax Saver Fund Direct Growth?

The current NAV of LIC MF ELSS Tax Saver Fund Direct Growth is ₹172.88 as on 16-May-2025.

What are the average returns of LIC MF ELSS Tax Saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
LIC MF ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.26%
4.26%
6 Month Returns
3.44%
3.44%
1 Year Returns
14.43%
14.43%
3 Years Returns
76.08%
20.76%

How do I invest in LIC MF ELSS Tax Saver Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

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

0.97% as on April 2025

What is net assets under management (AUM) of LIC MF ELSS Tax Saver Fund Direct Growth?

₹1088 Cr as on April 2025

What are the top 5 holdings of LIC MF ELSS Tax Saver Fund Direct Growth?

ICICI Bank Ltd(8.93%), HDFC Bank Ltd(8.11%), Shakti Pumps (India) Ltd(5.34%), State Bank of India(3.34%), Cholamandalam Investment and Finance Co Ltd(2.89%) as on April 2025

What are the top 3 sectors that this LIC MF ELSS Tax Saver Fund Direct Growth has invested in?

Financial Services(30.26%), Consumer Cyclical(18.16%), Industrial(15.72%) as on April 2025

What is the alpha of LIC MF ELSS Tax Saver Fund Direct Growth?

The alpha ratio for the LIC MF ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF ELSS Tax Saver Fund Direct Growth
5.69
1.77
0.47
As on April 2025
The alpha for LIC MF ELSS Tax Saver Fund Direct Growth is calculated against Nifty 500 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%.

What is the beta of LIC MF ELSS Tax Saver Fund Direct Growth??

The Beta ratio for the LIC MF ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF ELSS Tax Saver Fund Direct Growth
1
0.88
0.89
As on April 2025
The Beta for LIC MF ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 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.

What is the sharpe ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

The sharpe ratio for the LIC MF ELSS Tax Saver Fund Direct Growth 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 Fund Direct Growth
0.35
0.68
1.12
As on April 2025
The sharpe ratio for LIC MF ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 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.

What is the standard deviation of LIC MF ELSS Tax Saver Fund Direct Growth?

The standard deviation for the LIC MF ELSS Tax Saver Fund Direct Growth 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 Fund Direct Growth
17.15
14.23
13.97
As on April 2025
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.

What is the Sortino ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

Sortino ratio is 1.15 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

Information ratio is 0.14 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of LIC MF ELSS Tax Saver Fund Direct Growth?

Yogesh Patil is the fund manager of LIC MF ELSS Tax Saver Fund Direct Growth

What is the exit load of LIC MF ELSS Tax Saver Fund Direct Growth?

The Exit load of LIC MF ELSS Tax Saver Fund Direct Growth is 0%