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LIC MF ELSS Tax Saver - Direct (IDCW)

ELSS
Invest Now

  • NAV

    38.57(0.68%)

  • Fund Size (CR)

    ₹1,147.42

  • Expense Ratio

    0.96

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹500

  • Minimum Additional Investment

    ₹500

  • Minimum SIP Investment

    ₹500

  • Minimum Withdrawal

    ₹500

  • Exit Load Nil

    0%

  • Return Since Launch

    15.55%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -3.41%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Yogesh Patil

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 202410008.060.08%--0.06%70/225
1 Month29 November 202410038.390.38%--0.77%31/225
3 Month30 September 20249632.17-3.68%--5.39%42/225
6 Month28 June 202410419.304.19%-1.74%43/225
1 Year29 December 202312385.6623.86%23.86%20.44%51/225
3 Year30 December 202115853.6758.54%16.60%17.31%131/215
5 Year30 December 201922052.75120.53%17.14%21.38%186/215
Since Inception1 January 201356649.78466.50%15.55%16.83%142/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 January 20241,30,000227222.8874.79% 74.79%
3 Year3 January 20223,70,000795260.31114.94% 29.05%
5 Year1 January 20206,10,0001531120.42151.00% 20.21%
10 Year1 January 201512,10,0003641887.35200.98% 11.65%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.68%

Standard Deviation

0.85%

Beta

0.77%

Sharpe Ratio

0.11%

Treynor's Ratio

1.38%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
ICICI Bank7.72%68096888.53EquityBanks
HDFC Bank7.17%45821182.30EquityBanks
Shakti Pumps5.06%74364058.03EquityCapital Goods-Non Electrical Equipment
Trent4.09%6908546.95EquityRetail
St Bk of India3.37%46057538.64EquityBanks
Infosys3.32%20525738.13EquityIT - Software
Axis Bank2.48%25077928.50EquityBanks
Cholaman.Inv.&Fn2.27%21085526.02EquityFinance
Larsen & Toubro2.24%6894225.68EquityInfrastructure Developers & Operators
Power Fin.Corpn.2.18%50500225.01EquityFinance

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
LIC MF ELSS Tax Saver - Direct (IDCW)
1147.420.38%-3.68%4.19%23.86%16.60%
Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)
4186.933.08%1.24%14.69%48.32%29.04%
Motilal Oswal ELSS Tax Saver Fund-Dir (G)
4186.933.08%1.24%14.69%48.32%29.04%
SBI Long Term Advantage Fund - Series V -Dir (G)
369.13-0.71%-1.23%14.03%43.06%20.04%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)
369.13-0.71%-1.23%14.03%43.06%20.04%
HSBC Tax Saver Equity Fund - Direct (G)
260.160.74%1.61%11.59%33.87%20.18%

News

  • LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme

    LIC Mutual Fund has announced 24 December 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10

    Powered by Capital Market - Live News

  • LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme

    LIC Mutual Fund has announced 26 November 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10

    Powered by Capital Market - Live News

  • LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme

    LIC Mutual Fund has announced 24 October 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹1147.42

LIC MF ELSS Tax Saver - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in 1 January 2013, this fund is managed by Yogesh Patil. With assets under management (AUM) worth ₹1,147.42 (Cr), as of 1 January 2025, LIC MF ELSS Tax Saver - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 15.55% since its launch.
The current NAV of LIC MF ELSS Tax Saver - Direct (IDCW) is ₹38.57, as on 1 January 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in LIC MF ELSS Tax Saver - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 16.60% and 17.14% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.05% in Equity, 1.18% in Debt and -0.23% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.22% in Banks, 9.31% in IT-Software, 7.53% in Consumer Durables, 7.22% in Industrial Products, 6.90% in Retailing

FAQs

How to Invest in LIC MF ELSS Tax Saver - Direct (IDCW) Direct Growth?

LIC MF ELSS Tax Saver - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 15.55% since inception. Looking to invest in LIC MF ELSS Tax Saver - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in LIC MF ELSS Tax Saver - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, LIC MF ELSS Tax Saver - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in LIC MF ELSS Tax Saver - Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has LIC MF ELSS Tax Saver - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, LIC MF ELSS Tax Saver - Direct (IDCW) has generated annualised return of 23.86%. In the long-term, the fund has generated 16.60% and 17.14% in 3 and 5 years respectively. Since its inception, the fund has generated 15.55% returns.

What is the expense ratio of LIC MF ELSS Tax Saver - Direct (IDCW) Direct Growth?

The expense ratio of LIC MF ELSS Tax Saver - Direct (IDCW) Direct Growth is 0.96%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of LIC MF ELSS Tax Saver - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of LIC MF ELSS Tax Saver - Direct (IDCW) is ₹1,147.42 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from LIC MF ELSS Tax Saver - Direct (IDCW) Direct Growth?

Redeeming or selling units of LIC MF ELSS Tax Saver - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from LIC MF ELSS Tax Saver - Direct (IDCW):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case LIC MF ELSS Tax Saver - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.