LIC MF ELSS Tax Saver Fund Direct Growth

Equity

Elss (Tax Savings)

NAV as on 27-03-2025

₹ 166.81

▼-0.7%

Inception Returns

15%

/yr

Historical NAV & Returns

Absolute

▲

▼

338 people have invested ₹ 7.8L 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 ₹1007 Cr worth of assets under management (AUM) as on Feb 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 14.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.32%, 15.75% and 23.27% 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, Infosys Ltd, Trent Ltd

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 benefit
Dividends 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	1.01%
Benchmark	S&P BSE 200 India TR INR
AUM	₹1007 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

/23

39% Performance

46% Risk Management

25% Cost

16 out of 23 among elss (tax savings)

Beats FD returns for both 3Y & 5Y

Underperforms benchmarks during bull run

5Y returns in the bottom 25% of the category

Trailing Returns

as on (27-Mar-25)

Period	LIC MF ELSS Tax Saver Fund Direct Growth	Nifty 500	elss (tax savings)
1M	5.3%	4.2%	2.9%
3M	-5%	-5.1%	-7.7%
6M	-9%	-13.2%	-13.7%
1Y	17.3%	6.3%	7%
3Y	15.7%	13.2%	14.9%
5Y	23.3%	24.9%	25.3%

Fund Distribution

as on (28-Feb-25)

Equity 96.5%
Debt & Cash 3.6%

Large cap

63.8%

Small cap

17.4%

Mid cap

14.5%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services

29.9%

Consumer Cyclical

21.4%

Industrial

17.3%

Consumer Defensive

8.7%

Tech

8.4%

Basic Materials

6.9%

Health

4.4%

Energy

1.9%

Communication

1.2%

All changes are between Dec'24 and Feb'25

	Dec'24
Fund Returns	0.65%
Nifty 500	-2.02%

Parameters	Feb'25	Jan'25	Dec'24
AUM	₹ 1K Cr	₹ 1.1K Cr	₹ 1.1K Cr

AUM of the fund stands at 1K Cr as of Feb'25
AUM decreased by 86.2 Cr between Feb'25 and Jan'25

Top Stocks bought last month

HDFC Bank Ltd's allocation increased from 7.12% to 7.88%

Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.48% to 2.93%

ICICI Bank Ltd's allocation increased from 7.8% to 8.14%

Top Stocks sold last month

Shakti Pumps (India) Ltd's allocation decreased from 6.4 % to 5.96 %

Infosys Ltd's allocation decreased from 3.53 % to 3.44 %

Trent Ltd's allocation decreased from 3.63 % to 3.33 %

Large Cap allocation has gone down from 64.1% to 63.8%

Small Cap allocation has gone down from 17.5% to 17.4%

Mid Cap allocation has gone up from 14% to 14.5%

Cash allocation has gone down from 4.3% to 3.5%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial

Feb'25

Financial Services

30%

Consumer Cyclical

21%

Industrial

17%

Jan'25

Financial Services

28%

Consumer Cyclical

22%

Industrial

18%

Equity

Holdings	Weight%	1M Change
ICICI Bank Ltd	8.14%	0%
HDFC Bank Ltd	7.88%	0%
Shakti Pumps (India) Ltd	5.96%	0%
Infosys Ltd	3.44%	0%
Trent Ltd	3.33%	0%

See all

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
LIC MF ELSS Tax Saver Fund Direct Growth	17.32%	15.75%	23.27%	14.97%
DSP ELSS Tax Saver Fund Direct Plan Growth	18.26%	19.55%	30.1%	18%
SBI Long Term Equity Fund Direct Growth	11.58%	24.75%	32.51%	16.57%
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth	10.37%	15.05%	28.03%	18.99%

See all

Gainers
Losers

Top Growth Drivers	1M Return
HDFC Bank Ltd	6.2%
Cholamandalam Investment & Finance Company Ltd	5.8%
Abbott India Ltd	2.1%

Fund	Feb'25	Jan'25	Dec'24
No of Holdings	58	57	55
Top 5 Company Concentration	28.8%	28.5%	29.2%
Company having highest exposure	ICICI Bank Ltd (8.1%)	ICICI Bank Ltd (7.8%)	ICICI Bank Ltd (7.6%)
No of Sectors	9	9	9
Top 5 Sectors Concentration	85.7%	86.3%	84.9%
Sector having highest exposure	Financial Services (29.9%)	Financial Services (28.1%)	Financial Services (27.4%)

We are taking more time than usual

Yogesh Patil

Fund Manager of LIC MF ELSS Tax Saver Fund Direct Growth, since 1 July 2024

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
LIC MF Large & Mid Cap Direct Growth	16.66%	16.68%
LIC MF Infrastructure Fund Direct Plan Growth Option	27.13%	23.79%
LIC MF ELSS Tax Saver -Direct Plan Growth Option	16.04%	15.3%

Fund House

LIC Mutual Fund Asset Management Limited

Total Schemes

See all LIC schemes

Total AUM

₹30.83K Cr

as on 28-Feb-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 39.75% return, outperforming this fund by 16.48% per annum.

This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.01% which is lower than the category average expense ratio of 1.3%.

Over the last 1 year, this fund has decreased expense ratio by 17.2% moving from 1.22 to 1.01.

In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 24.75% return, outperforming this fund by 9% per annum.

Over the last 6 months, this fund has experienced a 15.5% drop in AUM moving from 1.19K Cr to 1.00K Cr.

In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 18.26% return, outperforming this fund by 0.94%.

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 14.97% since inception which is more than its category average return of 14.48%

Fund Allocations

This fund has an allocation of 96.45% in Equity, 0% in Debt and 3.55% in Cash related instruments

AUM size ₹1007 Cr

This fund has AUM of ₹1007 Cr which is less than its category average of ₹ 4477 Cr

Expense Ratio 1.01%

This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.4%

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 ₹166.81 as on 27-Mar-2025.

Existing (Absolute + CAGR) as on 27-Mar-2025.

LIC MF ELSS Tax Saver Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	5.34%	5.34%
6 Month Returns	-8.97%	-8.97%
1 Year Returns	17.32%	17.32%
3 Years Returns	55.08%	15.75%
5 Years Returns	184.63%	23.27%

With INDmoney, the process of investing is very simple and involves zero commission.

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1.01% as on February 2025

₹1007 Cr as on February 2025

ICICI Bank Ltd(8.14%), HDFC Bank Ltd(7.88%), Shakti Pumps (India) Ltd(5.96%), Infosys Ltd(3.44%), Trent Ltd(3.33%) as on February 2025

Financial Services(28.82%), Consumer Cyclical(20.62%), Industrial(16.66%) as on February 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	9	1.24	-1.4

As on February 2025

The alpha for LIC MF ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India 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	0.87	0.91

As on February 2025

The Beta for LIC MF ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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	0.19	0.52	0.57

As on February 2025

The sharpe ratio for LIC MF ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India 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	15.72	13.84	18.48

As on February 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 0.83 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Information ratio is 0.09 as on February 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%

LIC MF ELSS Tax Saver Fund Direct Growth

Historical NAV & Returns

About LIC MF ELSS Tax Saver Fund Direct Growth

Key Parameters

Returns

Holdings

Taxation

Investment objective of LIC MF ELSS Tax Saver Fund Direct Growth

Minimum Investment and lockin period

LIC MF ELSS Tax Saver Fund Direct Growth Overview

INDmoney Rank for LIC MF ELSS Tax Saver Fund Direct Growth

Trailing Returns

Fund Distribution

Monthly Changes

Top Holdings

Peer Comparison

Gainers & Losers

Concentration Analysis

Fund Manager

AMC Details

Mutual Fund Insights

LIC MF ELSS Tax Saver Fund Direct Growth Highlights

Very High Risk

About the fund

Fund Allocations

AUM size ₹1007 Cr

Expense Ratio 1.01%

Frequently Asked Questions for LIC MF ELSS Tax Saver Fund Direct Growth

What is the current NAV of LIC MF ELSS Tax Saver Fund Direct Growth?

What are the average returns of LIC MF ELSS Tax Saver Fund Direct Growth?

How do I invest in LIC MF ELSS Tax Saver Fund Direct Growth?

What is the expense ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

What is net assets under management (AUM) of LIC MF ELSS Tax Saver Fund Direct Growth?

What are the top 5 holdings of LIC MF ELSS Tax Saver Fund Direct Growth?

What are the top 3 sectors that this LIC MF ELSS Tax Saver Fund Direct Growth has invested in?

What is the alpha of LIC MF ELSS Tax Saver Fund Direct Growth?

What is the beta of LIC MF ELSS Tax Saver Fund Direct Growth??

What is the sharpe ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

What is the standard deviation of LIC MF ELSS Tax Saver Fund Direct Growth?

What is the Sortino ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

What is the information ratio of LIC MF ELSS Tax Saver Fund Direct Growth?

Who is the manager of LIC MF ELSS Tax Saver Fund Direct Growth?

What is the exit load of LIC MF ELSS Tax Saver Fund Direct Growth?