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LIC MF Tax Plan - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : LIC Mutual Fund
  • NAV
    : ₹ 97.4758 -0.44%
    (as on 29th June, 2022)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 97.05% investment in domestic equities of which 59.61% is in Large Cap stocks, 21.38% is in Mid Cap stocks, 5.54% 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 29th June, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 22-Jun-22 10231.20 2.31% - 3.09% 47/55
1 Month 27-May-22 9714.60 -2.85% - -1.87% 40/55
3 Month 29-Mar-22 9037.80 -9.62% - -8.01% 46/55
6 Month 29-Dec-21 8947.70 -10.52% - -9.23% 39/55
YTD 31-Dec-21 8857.90 -11.42% - -10.35% 39/54
1 Year 29-Jun-21 10002.90 0.03% 0.03% 2.41% 35/54
2 Year 29-Jun-20 15290.00 52.90% 23.65% 30.65% 42/55
3 Year 28-Jun-19 13508.90 35.09% 10.53% 14.86% 43/53
5 Year 29-Jun-17 16409.80 64.10% 10.41% 11.34% 22/42
Since Inception 02-Jan-13 32293.80 222.94% 13.14% 13.84% 28/51

SIP Returns (NAV as on 29th June, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 29-Jun-21 12000 11065.37 -7.79 % -14.09 %
2 Year 29-Jun-20 24000 26017.8 8.41 % 7.97 %
3 Year 28-Jun-19 36000 42820.04 18.94 % 11.59 %
5 Year 29-Jun-17 60000 77937.22 29.9 % 10.4 %
 

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 May,2022)

Portfolio Turnover Ratio : 14.00%  |   Category average turnover ratio is 67.99%  
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 : 97.05% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.05%
No of Stocks : 56 (Category Avg - 48.30) | Large Cap Investments : 59.61%| Mid Cap Investments : 21.38% | Small Cap Investments : 5.54% | Other : 10.52%

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 372.4 9.53% 0.40% 9.99% (Oct 2021) 8.7% (Sep 2021) 4.95 L 0.00
Infosys Ltd. Computers - software 305.7 7.82% -0.10% 9.42% (Dec 2021) 7.82% (May 2022) 2.03 L 0.00
HDFC Bank Ltd. Banks 262.1 6.71% 0.22% 7.68% (Jun 2021) 6.49% (Apr 2022) 1.89 L 0.00
Tata Consultancy Services Ltd. Computers - software 187.4 4.80% -0.11% 5.71% (Aug 2021) 4.8% (May 2022) 55.72 k 0.00
Reliance Industries Ltd. Refineries/marketing 161.6 4.13% 0.31% 4.13% (May 2022) 2.66% (Jul 2021) 61.37 k 6.26 k
Avenue Supermarts Ltd. Retailing 141.1 3.61% 0.13% 5.26% (Nov 2021) 3.45% (Mar 2022) 35.52 k 0.00
Bajaj Finance Ltd. Nbfc 119.3 3.05% -0.20% 3.71% (Aug 2021) 3.05% (May 2022) 19.61 k 0.00
Bharti Airtel Ltd. Telecom - services 111.4 2.85% -0.07% 2.92% (Apr 2022) 2.27% (Jun 2021) 1.59 L 0.00
Kotak Mahindra Bank Ltd. Banks 110.4 2.82% 0.16% 2.96% (Oct 2021) 2.54% (Mar 2022) 59.76 k 0.00
Tata Consumer Products Ltd. Tea & coffee 83.4 2.14% -0.11% 2.37% (Aug 2021) 1.97% (Jan 2022) 1.10 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 3.10%
Net Receivables Net Receivables -0.15%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2022)

  • Standard Deviation

    Low volatility
    19.62vs20.61
    Category Avg
  • Beta

    Low volatility
    0.82vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.43vs0.58
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.1vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    0.53vs2.32
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 618.01 -2.94 -4.85 -5.45 10.43 0.00
HDFC Tax Saver Fund - Direct Plan - Growth 2 9070.67 -1.90 -3.99 -4.10 9.00 10.14
Quant Tax Plan - Direct Plan - Growth 5 1358.81 -3.14 -8.84 -5.97 7.60 31.72
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 378.95 -2.03 -8.44 -7.32 4.78 15.36
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3569.52 -2.60 -9.25 -8.45 3.92 16.83
Tata India Tax Savings Fund - Direct Plan - Growth 3 2904.89 -2.85 -8.86 -8.13 3.81 11.99
Nippon India Tax Saver Fund - Direct Plan - Growth 2 11234.96 -2.87 -8.41 -7.18 3.40 8.38
Sundaram Tax Saving Fund - Direct Plan - Growth 3 892.92 -1.91 -6.96 -7.18 3.31 13.25
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 3 9532.86 -2.27 -8.57 -8.85 3.05 12.15
Union Long Term Equity Fund - Direct Plan - Growth 4 489.49 -2.17 -7.49 -10.46 2.67 15.57

More Funds from LIC Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 8 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , 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 5804.39 0.39 1.01 1.90 3.64 4.23
LIC MF Large & Mid Cap Fund - Direct Plan - Growth 4 1690.15 -2.42 -8.51 -9.85 4.55 15.06
LIC MF Banking & PSU Debt Fund - Direct Plan - Growth 4 1302.19 0.34 0.17 1.05 2.90 6.06
LIC MF Savings Fund - Direct Plan - Growth 3 1246.31 0.37 0.62 1.62 3.53 5.89
LIC MF Balanced Advantage Fund - Direct Plan - Growth NA 1173.38 -1.42 -3.06 -1.94 0.00 0.00
LIC MF Large Cap Fund - Direct Plan - Growth 3 644.19 -3.64 -10.45 -11.73 -1.10 10.71
LIC MF Equity Hybrid Fund - Plan C - Direct Plan - Growth 2 422.75 -2.12 -6.16 -9.14 -2.71 7.49
LIC MF Tax Plan - Direct Plan - Growth 3 390.78 -2.85 -9.62 -10.52 0.03 10.53
LIC MF Flexi Cap Fund - Direct Plan - Growth 1 387.42 -3.16 -7.61 -11.43 -3.93 8.33
LIC MF Overnight Fund - Direct Plan - Growth NA 333.92 0.37 1.01 1.86 3.52 0.00

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