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LIC MF Tax Plan - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House :
  • NAV
    : ₹ 109.3213 -1.09%
    (as on 03rd October, 2022)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Very High

The fund has 94.09% investment in domestic equities of which 48.99% is in Large Cap stocks, 21.03% is in Mid Cap stocks, 7.67% 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.

Crisil Rank Change : Fund Crisil rank was updated from 3 to 2 in the previous quarter.

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Returns (NAV as on 03rd October, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 26-Sep-22 10053.40 0.53% - 0.22% 13/54
1 Month 02-Sep-22 9806.70 -1.93% - -2.27% 18/55
3 Month 01-Jul-22 11203.20 12.03% - 11.20% 18/55
6 Month 01-Apr-22 9967.30 -0.33% - 0.10% 27/55
YTD 31-Dec-21 9934.40 -0.66% - -0.14% 30/55
1 Year 01-Oct-21 9984.10 -0.16% -0.16% 1.88% 32/55
2 Year 01-Oct-20 15325.40 53.25% 23.72% 29.37% 43/55
3 Year 03-Oct-19 14930.40 49.30% 14.28% 20.70% 48/54
5 Year 03-Oct-17 17794.50 77.95% 12.21% 12.51% 21/44
Since Inception 02-Jan-13 36218.20 262.18% 14.10% 15.07% 26/51

SIP Returns (NAV as on 03rd October, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 01-Oct-21 12000 12210.31 1.75 % 3.25 %
2 Year 01-Oct-20 24000 27077.38 12.82 % 12.06 %
3 Year 03-Oct-19 36000 46156.66 28.21 % 16.81 %
5 Year 03-Oct-17 60000 84939.94 41.57 % 13.87 %
 

Tax Treatment

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).

Portfolio (Updated on 31st Aug,2022)

Portfolio Turnover Ratio : 28.00%  |   Category average turnover ratio is 56.42%  
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 : 94.09% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 94.09%
No of Stocks : 58 (Category Avg - 46.50) | Large Cap Investments : 48.99%| Mid Cap Investments : 21.03% | Small Cap Investments : 7.67% | Other : 16.4%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 394.6 9.27% 0.37% 9.99% (Oct 2021) 8.7% (Sep 2021) 4.45 L 0.00
Infosys Ltd. Computers - software 303.5 7.13% -0.58% 9.42% (Dec 2021) 7.13% (Aug 2022) 2.03 L 0.00
HDFC Bank Ltd. Banks 269.8 6.34% -0.03% 7.33% (Sep 2021) 6.34% (Aug 2022) 1.82 L 0.00
Bajaj Finance Ltd. Nbfc 165.2 3.88% 0.42% 3.88% (Aug 2022) 2.85% (Jun 2022) 22.61 k 3.00 k
Avenue Supermarts Ltd. Retailing 161 3.78% 0.09% 5.26% (Nov 2021) 3.26% (Jun 2022) 35.52 k 0.00
Tata Consultancy Services Ltd. Computers - software 159.1 3.74% -0.26% 5.56% (Sep 2021) 3.74% (Aug 2022) 49.54 k 0.00
Titan Company Ltd. Gems, jewellery and watches 103.9 2.44% 0.15% 2.44% (Aug 2022) 1.85% (Sep 2021) 39.89 k 0.00
Bharti Airtel Ltd. Telecom - services 101.8 2.39% -0.42% 3.13% (Jun 2022) 2.39% (Aug 2022) 1.40 L -0.29 L
Mahindra & Mahindra Ltd. Passenger/utility vehicles 99.4 2.34% 0.41% 2.34% (Aug 2022) 1.05% (Sep 2021) 75.92 k 8.30 k
- Brigade Enterprises Ltd. Residential/commercial/sez project 91.8 2.16% 0.00% 2.26% (Nov 2021) 1.79% (Sep 2021) 1.79 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 5.65%
Net Receivables Net Receivables 0.26%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2022)

  • Standard Deviation

    Low volatility
    19.51vs20.38
    Category Avg
  • Beta

    Low volatility
    0.89vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.42vs0.68
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.09vs0.16
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.38vs2.03
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 1787.29 -1.83 15.94 2.42 12.01 40.18
HDFC Tax Saver Fund - Direct Plan - Growth 4 9787.51 -1.90 10.47 3.60 7.14 16.70
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 733.49 0.24 8.79 2.02 4.82 24.40
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3851.42 -1.81 10.77 -1.61 3.92 24.24
Kotak Tax Saver Fund - Direct Plan - Growth 4 2935.89 -2.63 10.83 -0.69 3.86 19.94
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 5 415.69 -2.37 8.07 -3.22 2.84 19.70
Tata India Tax Savings Fund - Direct Plan - Growth 3 3118.97 -2.79 10.53 -1.16 2.77 17.41
Sundaram Tax Saving Fund - Direct Plan - Growth 3 969.37 -3.04 10.00 -0.16 2.26 19.72
SBI Long Term Equity Fund - Direct Plan - Growth 4 11204.25 -3.42 8.86 0.49 1.37 18.57
Franklin India Taxshield Fund - Direct - Growth 3 4862.16 -2.50 10.49 -0.22 1.16 16.88

More Funds from

Out of 22 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 6 is/are ranked 3 * , 5 is/are ranked 2 * , and 6 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 5672.99 0.45 1.31 2.34 4.15 4.15
LIC MF Large & Mid Cap Fund - Direct Plan - Growth 3 1944.39 -1.38 12.04 0.89 3.11 19.13
LIC MF Banking & PSU Debt Fund - Direct Plan - Growth 5 1302.51 -0.13 0.93 1.12 2.70 5.35
LIC MF Balanced Advantage Fund - Direct Plan - Growth NA 1233.11 -1.86 5.04 0.83 0.00 0.00
LIC MF Savings Fund - Direct Plan - Growth 4 1011.16 0.31 1.24 1.87 3.75 5.51
LIC MF Large Cap Fund - Direct Plan - Growth 2 696.17 -3.24 8.69 -4.48 -4.10 13.63
LIC MF Equity Hybrid Fund - Plan C - Direct Plan - Growth 2 438.85 -2.23 6.54 -1.59 -2.14 9.73
LIC MF Tax Plan - Direct Plan - Growth 2 425.43 -1.93 12.03 -0.33 -0.16 14.28
LIC MF Flexi Cap Fund - Direct Plan - Growth 2 416.98 -2.03 10.21 -0.07 -1.41 11.99
LIC MF Overnight Fund - Direct Plan - Growth NA 364.26 0.44 1.30 2.33 4.06 3.68

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