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LIC MF Tax Plan - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : LIC Mutual Fund

Scheme Objective

To provide capital growth along with tax rebate and tax relief to the investors through prudent investments in stock market.

Scheme Details

  • Fund manager(s)Yogesh Patil
  • Launch date – 02-Jan-2013
  • Expense ratio – 1.29% as declared on 30-Jun-2021 (category average is 1.16%)
  • Benchmark - Nifty 500 TRI
  • Min SIP amount - ₹
  • Min investment amount (one time- first time) - ₹
  • Min investment amount (addtional purchase) - ₹
  • Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

LIC Mutual Fund Asset Management Company Ltd.
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Tel no.: 022-66016000
Fax no.: 022-22843660
Website.: www.licmf.com

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