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

109.763 (0.787%)

NAV on September 21, 2021

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 401 cr

Turnover Ratio 30.78%

Expense Ratio 1.30%

Exit Load -

Returns

1M: 6.44%
1Y: 57.42%
3M: 13.71%
3Y: 17.42%
6M: 24.53%
5Y: 15.26%

Min Investment 500

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SECTOR WEIGHTINGS (%)

Financial 31.49%

Industrial 1.42%

Technology 17.37%

Basic Materials 8.85%

Consumer Cyclical 11.99%

Utilities Services 1.89%

Healthcare Services 8.83%

Energy Services 2.81%

Communication Services 3.95%

Consumer Defensive 9.89%

Real Estate 1.53%

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
BOI AXA Tax Advantage Fund Direct Plan Growth	113.390	70.64%	512 cr	1.66%	Average
Axis Long Term Equity Fund Direct Plan Growth Option	84.290	68.98%	33,871 cr	0.79%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	33.608	66.71%	9,401 cr	0.46%	Above Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	123.420	63.97%	2,680 cr	0.81%	Below Average
HDFC Long Term Advantage Fund -Direct Plan - Growth Option	579.237	63.51%	1,363 cr	—	Above Average
L&T Tax Advantage Fund Direct Plan Growth Option	84.362	53.16%	3,652 cr	1.21%	Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	101.720	75.59%	3,339 cr	0.87%	High
Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option	81.407	71.69%	12,385 cr	1.18%	High
Mahindra Manulife ELSS Kar Bachat Yojana Direct Plan Growth	20.547	71.35%	409 cr	0.73%	Below Average
Motilal Oswal Long Term Equity Fund Direct Plan Growth	29.672	70.96%	2,400 cr	0.75%	Above Average
BOI AXA Tax Advantage Fund Direct Plan Growth	113.390	70.64%	512 cr	1.66%	Average
DSP Tax Saver Fund Direct Plan Growth	86.847	70.37%	9,675 cr	0.86%	Above Average
Axis Long Term Equity Fund Direct Plan Growth Option	84.290	68.98%	33,871 cr	0.79%	Below Average