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 Yogesh Patil. The fund could potentially beat inflation in the long-run.

1. LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl has ₹1088 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.
   

LIC MF ELSS Tax Saver -Direct Plan Payout of Income Dis cum Cap Wrdl has given a CAGR return of 14.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.87%, 20.22% and 23.77% respectively.

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

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.

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 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 -Direct Plan Payout of Income Dis cum Cap Wrdl of 3 Years