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LIC MF Tax Plan - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : LIC Mutual Fund
  • NAV
    : ₹ 111.7988 -0.15%
    (as on 25th October, 2021)
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Crisil Rank
Below average performance among peers
Risk-O-Meter
Very High

Fund has 98.11% investment in indian stocks of which 59.52% is in large cap stocks, 23.77% is in mid cap stocks, 5.53% 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 25th October, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 18-Oct-21 9663.00 -3.37% - -2.46% 41/58
1 Month 24-Sep-21 10021.50 0.21% - 2.78% 47/58
3 Month 23-Jul-21 11255.70 12.56% - 10.90% 16/58
6 Month 23-Apr-21 12829.00 28.29% - 30.24% 31/58
YTD 01-Jan-21 12965.10 29.65% - 39.82% 29/58
1 Year 23-Oct-20 15227.40 52.27% 51.93% 65.62% 48/58
2 Year 25-Oct-19 15140.10 51.40% 23.01% 31.16% 51/58
3 Year 25-Oct-18 17886.60 78.87% 21.37% 24.01% 43/55
5 Year 25-Oct-16 20501.20 105.01% 15.43% 16.04% 23/42
Since Inception 02-Jan-13 37039.00 270.39% 16.01% 17.72% 34/54

SIP Returns (NAV as on 25th October, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 23-Oct-20 12000 14897.69 24.15 % 47.48 %
2 Year 25-Oct-19 24000 34593.77 44.14 % 39.6 %
3 Year 25-Oct-18 36000 54204.4 50.57 % 28.44 %
5 Year 25-Oct-16 60000 98073.74 63.46 % 19.73 %
 

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 30th Sep,2021)

Portfolio Turnover Ratio : 22.00%  |   Category average turnover ratio is 86.78%  
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 : 98.11% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.11%
No of Stocks : 52 (Category Avg - 48.97) | Large Cap Investments : 59.52%| Mid Cap Investments : 23.77% | Small Cap Investments : 5.53% | Other : 9.27%

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 357.5 8.70% -0.44% 9.42% (May 2021) 7.22% (Oct 2020) 5.10 L 0.00
Infosys Ltd. Computers - software 351.2 8.55% -0.37% 9.27% (Jun 2021) 7.88% (Nov 2020) 2.10 L 0.00
HDFC Bank Ltd. Banks 301 7.33% -0.11% 8.96% (Nov 2020) 7.21% (Jul 2021) 1.89 L 0.00
Tata Consultancy Services Ltd. Computers - software 228.6 5.56% -0.15% 5.89% (Mar 2021) 4.88% (Oct 2020) 60.54 k 0.00
Avenue Supermarts Ltd. Retailing 188.9 4.60% 0.22% 4.6% (Sep 2021) 3.74% (Apr 2021) 44.45 k 0.00
Bajaj Finance Ltd. Nbfc 151.5 3.69% -0.02% 3.71% (Aug 2021) 2.55% (Oct 2020) 19.76 k 0.00
Reliance Industries Ltd. Refineries/marketing 122.7 2.99% 0.25% 3.61% (Oct 2020) 2.66% (Jul 2021) 48.70 k 0.00
Kotak Mahindra Bank Ltd. Banks 119.9 2.92% 0.31% 4.27% (Nov 2020) 2.61% (Aug 2021) 59.76 k 0.00
Bharti Airtel Ltd. Telecom - services 109.5 2.67% 0.03% 2.81% (Jan 2021) 2.27% (Jun 2021) 1.59 L 0.00
HCL Technologies Limited Computers - software 100.5 2.45% 0.13% 2.45% (Sep 2021) 1.06% (Oct 2020) 78.55 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.35%
Net Receivables Net Receivables -0.46%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2021)

  • Standard Deviation

    Low volatility
    18.58vs19.05
    Category Avg
  • Beta

    Low volatility
    0.8vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.79vs0.83
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.18vs0.19
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    2.21vs2.47
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 433.15 2.07 7.05 33.44 91.37 39.73
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3439.01 3.27 11.59 31.24 78.62 26.27
Franklin India Taxshield Fund - Direct - Growth 3 5020.57 5.13 14.17 32.89 69.57 21.63
Nippon India Tax Saver Fund - Direct Plan - Growth 1 12466.99 2.31 14.23 29.61 69.10 17.61
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 419.70 0.77 11.72 30.79 68.33 23.92
DSP Tax Saver Fund - Direct Plan - Growth 4 9755.66 1.26 9.45 29.60 65.82 27.88
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 3 10028.81 1.86 14.59 30.99 65.35 22.96
PGIM India Long Term Equity Fund - Direct Plan - Growth 4 350.70 1.99 10.73 28.59 63.49 24.76
Baroda ELSS - 96 - Plan B (Direct) - Growth 3 217.67 2.24 14.45 33.84 63.13 23.89
JM Tax Gain Fund - (Direct) - Growth 3 65.33 0.85 13.42 29.99 62.46 26.82

More Funds from LIC Mutual Fund

Out of 20 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 5 is/are ranked 3 * , 5 is/are ranked 2 * , 1 is/are ranked 1 * , and 4 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 4 9608.83 0.26 0.83 1.67 3.31 5.08
LIC MF Banking & PSU Debt - Direct Plan - Growth 1 1958.87 0.06 0.90 2.10 3.69 8.22
LIC MF Savings Fund - Direct Plan - Growth 3 1526.86 0.22 0.91 1.99 4.48 5.68
LIC MF Large & Mid Cap Fund - Direct Plan - Growth 3 1502.75 2.78 14.06 30.05 58.92 25.01
LIC MF Large Cap Fund - Direct Plan - Growth 3 646.21 2.49 14.55 28.63 54.58 23.55
LIC MF Overnight Fund - Direct Plan - Growth NA 532.69 0.26 0.79 1.60 3.12 0.00
LIC MF Equity Hybrid Fund - Plan C - Direct Plan - Growth 2 487.61 1.14 7.55 16.80 32.82 16.63
LIC MF Flexi Cap Fund - Direct Plan - Growth 2 427.70 1.68 9.53 22.06 42.59 18.76
LIC MF Tax Plan - Direct Plan - Growth 2 410.87 1.80 12.96 28.07 53.41 21.34
LIC MF Short Term Debt Fund - Direct Plan - Growth 3 397.01 -0.04 0.98 2.37 4.00 0.00

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