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

105.432 (-1.109%)

NAV on January 25, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 412 cr

Turnover Ratio 17.43%

Expense Ratio 1.47%

Exit Load 0.25%if redeemed within
7 Days0.00%if redeemed after 7 Days

Returns

1M: -1.27%
1Y: -2.95%
3M: -5.90%
3Y: 9.69%
6M: 0.97%
5Y: 8.61%

Min Investment 500

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SECTOR WEIGHTINGS (%)

Financial 33.24%

Industrial 11.52%

Technology 10.09%

Basic Materials 4.85%

Consumer Cyclical 27.38%

Utilities Services 0.0%

Healthcare Services 2.81%

Energy Services 0.00%

Communication Services 1.61%

Consumer Defensive 8.50%

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
Parag Parikh Tax Saver Fund Direct Growth	20.940	8.22%	942 cr	0.82%	Below Average
Kotak Tax Saver-Scheme-Growth - Direct	85.136	6.32%	3,161 cr	0.68%	Average
PGIM India ELSS Tax Saver Fund Dir Gr	27.100	4.39%	448 cr	1.00%	Average
Union Long Term Equity Fund Direct Plan Growth Option	44.770	3.49%	594 cr	1.60%	Below Average
Bank of India Tax Advantage Fund Direct Plan Growth	111.990	1.96%	696 cr	1.16%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	34.102	0.77%	14,020 cr	0.57%	Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	124.280	0.41%	4,559 cr	0.61%	Below Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	865.657	11.68%	9,993 cr	1.19%	Average
Parag Parikh Tax Saver Fund Direct Growth	20.940	8.22%	942 cr	0.82%	Below Average
Quantum Tax Saving Direct Growth	81.600	8.04%	115 cr	1.29%	Average
SBI Long Term Equity Fund Direct Growth	250.543	7.35%	12,092 cr	1.12%	Average
Taurus Tax Shield-Direct Plan-Growth Option	126.700	7.08%	63 cr	1.73%	Below Average
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	111.827	4.79%	4,026 cr	0.74%	High
Bank of India Tax Advantage Fund Direct Plan Growth	111.990	1.96%	696 cr	1.16%	Below Average