LIC MF Tax Plan - Growth - Direct Plan

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  • Net Change on 04-12-2019

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

Investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
LIC MF Tax Plan-Direct Plan-Growth 0.71 10.96 12.82 15.34 9.12 14.44
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX 1.36 11.23 13.05 15.88 7.41 13.68
S&P BSE SENSEX - TRI 1.36 11.36 14.35 17.29 8.83 13.25

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
LIC MF Tax Plan-Direct Plan-Growth Jan 01, 2013 12.82 15.34 9.12 1.50 250.66
Axis Long Term Equity Fund - Direct Plan - Growth Option Jan 01, 2013 14.56 17.45 12.25 0.92 21,492.33
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option - Growth Jan 01, 2013 Unrated 0.44 5.07 3.52 1.28 10,673.58
Aditya Birla Sun Life Tax Relief 96 - Growth - Direct Plan Jan 01, 2013 6.76 14.47 11.28 1.06 9,814.16
HDFC TaxSaver -Direct Plan - Growth Option Dec 31, 2012 Unrated 4.22 8.65 5.09 1.39 7,414.24
SBI MAGNUM TAXGAIN SCHEME 1993 - DIRECT PLAN -GROWTH Jan 01, 2013 Unrated 5.11 8.87 6.14 1.31 7,358

Fund Holdings as on 31-October-2019

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • Bajaj Finance Ltd.

  • Treps

  • Tata Consultancy Services Ltd.

  • Infosys Ltd.

  • City Union Bank Ltd.

  • Avenue Supermarts Ltd.

  • Bajaj Finserv Ltd.

  • Reliance Industries Ltd.

  • Kotak Mahindra Bank Ltd.

  • Cholamandalam Investment & Finance Company Ltd.

  • Bata India Ltd.

  • Hindustan Unilever Ltd.

  • Vinati Organics Ltd.

  • Kansai Nerolac Paints Ltd.

  • Tata Chemicals Ltd.

  • Brigade Enterprises Ltd.

  • Axis Bank Ltd.

  • The Indian Hotels Company Ltd.

  • Housing Development Finance Corporation Ltd.

  • Max Financial Services Ltd.

  • Info Edge (India) Ltd.

  • Mahindra & Mahindra Ltd.

  • Voltas Ltd.

  • Maruti Suzuki India Ltd.

  • L&T Finance Holdings Ltd.

  • Aditya Birla Fashion and Retail Ltd.

  • Hindalco Industries Ltd.

  • Asian Paints Ltd.

  • Exide Industries Ltd.

  • Alkem Laboratories Ltd.

  • Sanofi India Ltd.

  • Procter & Gamble Hygiene&HealthCare Ltd.

  • K.P.R. Mill Ltd.

  • SKF India Ltd.

  • Ashok Leyland Ltd.

  • Jamna Auto Industries Ltd.

  • Tube Investments Of India Ltd.

  • Net Receivables / (Payables)

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  • Bank - Private

  • IT - Software

  • Finance - NBFC

  • Retailing

  • Chemicals

  • Miscellaneous

  • Finance - Investment

  • Household & Personal Products

  • Paints

  • Refineries

  • Automobiles - Passenger Cars

  • Construction - Real Estate

  • Hotel, Resort & Restaurants

  • Finance - Housing

  • Pharmaceuticals & Drugs

  • Finance - Others

  • BPO/ITeS

  • Air Conditioners

  • Metal - Non Ferrous

  • Batteries

  • Textile

  • Bearings

  • Automobiles-Trucks/Lcv

  • Auto Ancillary

  • Cycles

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About LIC MF Tax Plan

Scheme Analysis

LIC MF Tax Plan is a Equity - ELSS fund and belongs to LIC Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹250.66 crore. LIC MF Tax Plan is benchmarked against NIFTY 50 - TRI as primary index and S&P BSE SENSEX as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of LIC MF Tax Plan ended up ₹0.43(0.56%)yesterday to ₹76.77.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., ICICI Bank Ltd. and Bajaj Finance Ltd.

The LIC MF Tax Plan is managed by Sachin Relekar .

Fund House Contact

4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai - 400 020

022-66016000
service@licnomuramf.com
022-22880633

Fund Manager

  • Education:MMS(Finance),BE (Mechanical)
  • Experience:
  • Basic Details:Mr. Relekar holds an MMS(Finance) degree from Jamnalal Bajaj Institute of Management Studies ,Mumbai, and a BE (Mechanical) degree from K.E.S. College of Engineering, Islampur.Prior to this he worked with Tata AMC from September 07 to December 12. He has also worked as an Equity Research Analyst with CD Equity Search, in strategy consulting for Innovision Consulting, and in Business Development for Tech Pacific India.
  • Funds Managed:
  • LIC MF Infrastructure Fund
  • LIC MF Large Cap Fund
  • LIC MF Large & Midcap Fund
  • LIC MF Tax Plan
  • LIC MF Unit Linked Insurance Scheme
  • Cash

  • Equity

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