Item: LIC MF Tax Plan-Direct Plan Growth Option
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Tax Plan-Direct Plan Growth Option

99.901 (2.283%)

NAV on May 20, 2022

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 403 cr

Turnover Ratio 30.78%

Expense Ratio 1.30%

Exit Load -

Returns

1M: -6.57%
1Y: 9.63%
3M: -6.87%
3Y: 12.26%
6M: -10.90%
5Y: 11.33%

Min Investment 500

Buy Now Start SIP

SECTOR WEIGHTINGS (%)

Financial 31.65%

Industrial 1.02%

Technology 15.66%

Basic Materials 8.49%

Consumer Cyclical 14.66%

Utilities Services 1.74%

Healthcare Services 7.70%

Energy Services 4.42%

Communication Services 4.07%

Consumer Defensive 8.48%

Real Estate 2.10%

INVESTMENT OBJECTIVE

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Mirae Asset Tax Saver Fund -Direct Plan-Growth	31.341	9.87%	11,963 cr	0.52%	Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	112.430	8.67%	3,628 cr	0.62%	Below Average
BOI AXA Tax Advantage Fund Direct Plan Growth	99.380	8.02%	596 cr	1.34%	Below Average
L&T Tax Advantage Fund Direct Plan Growth Option	75.800	3.80%	3,239 cr	1.20%	Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	746.800	18.48%	9,185 cr	1.18%	Average
Parag Parikh Tax Saver Fund Direct Growth	18.574	17.75%	585 cr	0.84%	-
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	100.780	14.15%	3,742 cr	0.77%	High
Union Long Term Equity Fund Direct Plan Growth Option	40.450	14.10%	497 cr	1.63%	Below Average
PGIM India ELSS Tax Saver Fund Dir Gr	24.230	13.49%	388 cr	1.03%	Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	31.341	9.87%	11,963 cr	0.52%	Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	112.430	8.67%	3,628 cr	0.62%	Below Average