LIC MF ELSS Tax Saver Fund Direct Growth
NAV as on 17-04-2025
₹ 167.71
▲1.1%
1D
Inception Returns
15%
/yr
Historical NAV & Returns
Absolute
▲
▼
307 people have invested ₹ 7.7L in LIC MF ELSS Tax Saver Fund Direct Growth in the last three months
About LIC MF ELSS Tax Saver Fund Direct Growth
LIC MF ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF ELSS Tax Saver Fund Direct Growth has ₹1088 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
LIC MF ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.32%, 15.43% and 23.11% respectively.
Holdings
LIC MF ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Tech, Basic Materials, Health, Energy, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Shakti Pumps (India) Ltd, Trent Ltd, State Bank of India
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of LIC MF ELSS Tax Saver Fund Direct Growth
To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. However, there is no assurance that the investment objective of the Schemes will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for LIC MF ELSS Tax Saver Fund Direct Growth of 3 Years
LIC MF ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.97% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹1088 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 41.92% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for LIC MF ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
14
/23
43% Performance
52% Risk Management
20% Cost
14 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
63%
Small cap
18.1%
Mid cap
14.5%
Sector Allocation
Financial Services
30.3%
Consumer Cyclical
20.8%
Industrial
17.8%
Consumer Defensive
8.7%
Tech
7.6%
Basic Materials
7.2%
Health
4.5%
Energy
1.9%
Communication
1.2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.23% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.98% in Mar'25
- AUM of the fund stands at 1.1K Cr as of Mar'25
- AUM increased by 81.1 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 8.14% to 8.44%
Shakti Pumps (India) Ltd's allocation increased from 5.96% to 6.22%
Kirloskar Oil Engines Ltd's allocation increased from 1.01% to 1.16%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.88 % to 7.7 %
Infosys Ltd's allocation decreased from 3.44 % to 2.96 %
SRF Ltd's allocation decreased from 2.18 % to 2.12 %
Large Cap allocation has gone down from 63.8% to 63%
Small Cap allocation has gone up from 17.4% to 18.1%
Mid Cap allocation has gone up from 14.5% to 14.5%
Cash allocation has gone down from 3.5% to 3.5%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Mar'25
Financial Services
30%
Consumer Cyclical
21%
Industrial
18%
Feb'25
Financial Services
30%
Consumer Cyclical
21%
Industrial
17%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.44% | 0% | |
 HDFC Bank Ltd | 7.7% | 0% | |
 Shakti Pumps (India) Ltd | 6.22% | -7.2% | |
 Trent Ltd | 3.38% | 0% | |
 State Bank of India | 3.26% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
LIC MF ELSS Tax Saver Fund Direct Growth | 17.32% | 15.43% | 23.11% | 15.03% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 17.15% | 18.85% | 28.1% | 18.11% |
 SBI Long Term Equity Fund Direct Growth | 9.01% | 23.27% | 29.53% | 16.53% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 8.96% | 14.35% | 25.86% | 19.1% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 9.8% |
 ICICI Bank Ltd | 6.9% |
 Shakti Pumps (India) Ltd | 4.3% |
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Yogesh Patil
Fund Manager of LIC MF ELSS Tax Saver Fund Direct Growth, since 1 July 2024
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹29.68K Cr
as on 31-Mar-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.03% return, outperforming this fund by 12.92% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 10.0% drop in AUM moving from 1.20K Cr to 1.08K Cr.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.97% which is lower than the category average expense ratio of 1.29%.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.27% return, outperforming this fund by 7.84% per annum.
LIC MF ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.03% since inception which is more than its category average return of 14.73%
Fund Allocations
This fund has an allocation of 96.5% in Equity, 0% in Debt and 3.5% in Cash related instruments
AUM size ₹1088 Cr
This fund has AUM of ₹1088 Cr which is less than its category average of ₹ 4910 Cr
Expense Ratio 0.97%
This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.4%
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Frequently Asked Questions for LIC MF ELSS Tax Saver Fund Direct Growth
The current NAV of LIC MF ELSS Tax Saver Fund Direct Growth is ₹167.71 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
LIC MF ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.69% | 5.69% |
6 Month Returns | -4.55% | -4.55% |
1 Year Returns | 17.32% | 17.32% |
3 Years Returns | 53.8% | 15.43% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.97% as on March 2025
₹1088 Cr as on March 2025
ICICI Bank Ltd(8.44%), HDFC Bank Ltd(7.7%), Shakti Pumps (India) Ltd(6.22%), Trent Ltd(3.38%), State Bank of India(3.26%) as on March 2025
Financial Services(29.2%), Consumer Cyclical(20.08%), Industrial(17.21%) as on March 2025
The alpha ratio for the LIC MF ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF ELSS Tax Saver Fund Direct Growth | 8.95 | 1.84 | 0.93 |
As on March 2025
The alpha for LIC MF ELSS Tax Saver Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF ELSS Tax Saver Fund Direct Growth | 1.03 | 0.89 | 0.84 |
As on March 2025
The Beta for LIC MF ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF ELSS Tax Saver Fund Direct Growth | 0.56 | 0.61 | 1.21 |
As on March 2025
The sharpe ratio for LIC MF ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF ELSS Tax Saver Fund Direct Growth | 17.4 | 14.39 | 14.24 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.02 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.21 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Yogesh Patil is the fund manager of LIC MF ELSS Tax Saver Fund Direct Growth
The Exit load of LIC MF ELSS Tax Saver Fund Direct Growth is 0%