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

118.150 (-0.022%)

NAV on June 01, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 419 cr

Turnover Ratio 17.43%

Expense Ratio 1.47%

Exit Load -

Returns

1M: 6.65%
1Y: 15.64%
3M: 9.93%
3Y: 24.63%
6M: 4.59%
5Y: 11.68%

Min Investment 500

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SECTOR WEIGHTINGS (%)

Financial 29.23%

Industrial 16.13%

Technology 8.53%

Basic Materials 7.21%

Consumer Cyclical 27.07%

Utilities Services 0.0%

Healthcare Services 1.64%

Energy Services 0.00%

Communication Services 0.00%

Consumer Defensive 10.19%

Real Estate 0.00%

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
Kotak Tax Saver-Scheme-Growth - Direct	90.021	17.86%	3,560 cr	0.65%	Below Average
Bank of India Tax Advantage Fund Direct Plan Growth	118.690	16.96%	739 cr	1.29%	Above Average
Parag Parikh Tax Saver Fund Direct Growth	22.126	16.86%	1,527 cr	0.80%	Low
PGIM India ELSS Tax Saver Fund Dir Gr	28.590	16.60%	494 cr	0.97%	Average
DSP Tax Saver Fund Direct Plan Growth	93.636	13.76%	10,513 cr	0.78%	Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	35.879	12.43%	15,218 cr	0.45%	Above Average
HSBC ELSS Fund Direct Plan Growth Option	91.044	17.13%	3,054 cr	1.14%	Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal Long Term Equity Fund Direct Plan Growth	32.486	21.57%	2,237 cr	0.76%	Above Average
SBI Long Term Equity Fund Direct Growth	269.987	20.71%	12,998 cr	—	Average
Kotak Tax Saver-Scheme-Growth - Direct	90.021	17.86%	3,560 cr	0.65%	Below Average
Bandhan Tax Advantage (ELSS) Fund - Direct Plan - Growth	120.360	17.25%	4,333 cr	0.75%	High
Taurus Tax Shield-Direct Plan-Growth Option	134.940	17.19%	61 cr	1.78%	Low
HSBC ELSS Fund Direct Plan Growth Option	91.044	17.13%	3,054 cr	1.14%	Average
Bank of India Tax Advantage Fund Direct Plan Growth	118.690	16.96%	739 cr	1.29%	Above Average