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LIC MF Tax Plan 1997 - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : LIC Mutual Fund
  • NAV
    : ₹ 73.1128 0.24%
    (as on 16th October, 2019)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderately High

Fund has 95.34% investment in indian stocks of which 48.72% is in large cap stocks, 27.48% is in mid cap stocks, 7.92% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 16th October, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 10-Oct-19 10058.40 0.58% - 0.71% 53/64
1 Month 17-Sep-19 10558.90 5.59% - 3.03% 24/64
3 Month 17-Jul-19 10241.30 2.41% - -1.61% 10/63
6 Month 16-Apr-19 10316.10 3.16% - -4.11% 5/63
YTD 01-Jan-19 10596.90 5.97% - -3.31% 8/63
1 Year 17-Oct-18 11490.40 14.90% 14.95% 4.68% 7/61
2 Year 17-Oct-17 11435.70 14.36% 6.95% 0.15% 4/52
3 Year 17-Oct-16 13661.80 36.62% 10.97% 7.64% 5/44
5 Year 17-Oct-14 17099.50 71.00% 11.33% 10.48% 12/33
Since Inception 02-Jan-13 24222.30 142.22% 13.92% 8.90% 16/56

SIP Returns (NAV as on 16th October, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 17-Oct-18 12000 12855.04 7.13 % 13.52 %
2 Year 17-Oct-17 24000 25851.24 7.71 % 7.34 %
3 Year 17-Oct-16 36000 41496.9 15.27 % 9.46 %
5 Year 17-Oct-14 60000 77559.29 29.27 % 10.21 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2019)

Portfolio Turnover Ratio : 21.00%  |   Category average turnover ratio is 69.97%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 95.34% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.34%
No of Stocks : 39 (Category Avg - 43.67) | Large Cap Investments : 48.72%| Mid Cap Investments : 27.48% | Small Cap Investments : 7.92% | Other : 11.22%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 191.7 7.87% 0.20% 8.34% (May 2019) 5.56% (Oct 2018) 1.56 L 1.56 L
Bajaj Finance Ltd. Nbfc 142.4 5.85% 0.68% 5.94% (Jun 2019) 4.1% (Oct 2018) 35.20 k 0.00
Infosys Ltd. Computers - software 138 5.67% 0.01% 5.68% (Jul 2019) 1.25% (Dec 2018) 1.71 L 13.70 k
ICICI Bank Ltd. Banks 137.9 5.66% -0.08% 6.14% (Jul 2019) 4.12% (Oct 2018) 3.18 L 0.00
Tata Consultancy Services Ltd. Computers - software 123.7 5.08% -0.25% 5.36% (Jul 2019) 2.55% (Dec 2018) 58.90 k 5.40 k
City Union Bank Ltd. Banks 113.3 4.65% 0.15% 4.79% (Jun 2019) 3.51% (Nov 2018) 5.18 L 15.00 k
Bajaj Finserv Ltd Nbfc 106.4 4.37% 0.45% 4.94% (Jun 2019) 2.72% (Oct 2018) 12.50 k 0.00
Avenue Supermarts Ltd. Retailing 95.3 3.91% 0.37% 3.91% (Sep 2019) 2.45% (Apr 2019) 51.19 k 0.00
Kotak Mahindra Bank Ltd. Banks 84.6 3.47% 0.23% 3.55% (Jul 2019) 2.9% (Mar 2019) 51.43 k 0.00
Cholamandalam Investment & Finance Co. Ltd. Nbfc 81.7 3.35% 0.21% 3.35% (Sep 2019) 0% (Oct 2018) 2.65 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 4.60%
Net Receivables Net Receivables 0.06%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2019)

  • Standard Deviation

    High volatility
    13.99vs10.86
    Category Avg
  • Beta

    High volatility
    0.92vs0.72
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.35vs0.08
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.05vs0.01
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    0.14vs-0.93
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
JM Tax Gain Fund - (Direct) - Growth 5 33.26 9.43 5.68 4.90 21.49 12.41
Axis Long Term Equity Fund - Direct Plan - Growth 4 20425.31 10.00 5.26 7.55 21.01 14.51
DSP Tax Saver Fund - Direct Plan - Growth 3 5840.90 7.42 3.07 2.70 19.06 10.33
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 3 471.08 7.55 3.08 4.48 18.30 9.86
Tata India Tax Savings Fund - Direct Plan - Growth NA 1919.17 6.34 -0.82 1.08 16.75 10.72
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth 3 1500.24 8.95 5.32 3.72 14.57 11.28
BOI AXA Tax Advantage Fund - Direct Plan - Growth 3 243.39 8.59 5.48 4.50 14.23 10.06
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2465.46 5.46 -0.75 0.17 14.22 14.98
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 965.21 7.87 0.84 0.51 14.12 11.21
IDBI Equity Advantage Fund - Direct Plan - Growth 1 588.82 10.08 8.58 4.20 13.55 8.62

More Funds from LIC Mutual Fund

Out of 19 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 2 is/are ranked 4 * , 6 is/are ranked 3 * , 3 is/are ranked 2 * , and 5 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
LIC MF Liquid Fund - Direct Plan - Growth 3 8229.17 0.48 1.52 3.27 7.14 7.06
LIC MF Savings Fund - Direct Plan - Growth 3 1021.95 0.71 2.02 0.09 4.60 6.37
LIC MF Banking & PSU Debt - Direct Plan - Growth 5 837.42 0.65 1.86 5.86 11.64 8.34
LIC MF Large & Mid Cap Fund - Direct Plan - Growth 3 547.67 6.65 3.29 3.38 14.90 10.85
LIC MF Equity Hybrid Fund - Plan C - Direct Plan - Growth 3 372.51 4.67 1.66 4.38 15.91 7.59
LIC MF Large Cap Fund - Direct Plan - Growth 3 296.63 8.43 4.16 5.76 20.03 10.53
LIC MF Multicap Fund - Direct Plan - Growth 2 290.60 6.04 2.80 3.88 15.07 7.92
LIC MF Bond Fund - Direct Plan - Growth 4 244.40 0.50 0.88 6.99 12.65 6.31
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 243.54 6.97 3.76 4.51 16.41 11.44
LIC MF Short Term Debt Fund - Direct Plan - Growth NA 185.14 0.77 2.09 5.59 0.00 0.00

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