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Fincash » Mutual Funds » LIC MF Tax Plan

LIC MF Tax Plan - G

NAV  ₹151.106 ↑ 1.44  (0.96 %) as on 29 Oct 24

Scheme Objective

The 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. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Tax Plan is a Equity - ELSS fund launched on 3 Feb 99. It is a fund with Moderately High risk and has given a CAGR return of 11.5% since its launch.  Ranked 35 in ELSS category.  Return for 2023 was 26.3% , 2022 was -1.6% and 2021 was 26.2% .

Below is the key information for LIC MF Tax Plan

NAV as on 29 Oct 24₹151.106 ↑ 1.44  (0.96 %)
Net Assets (AUM) as on 30 Sep 2024 ₹1,209 Cr.
Launch Date3 Feb 1999
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio2.0
Expense Ratio2.11 %
Sharpe Ratio2.475
Information Ratio-0.35
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 24

DurationReturns
1 Month -5.6%
3 Month -0.7%
6 Month 14.7%
1 Year 35.8%
3 Year 14.3%
5 Year 16.5%
10 Year
15 Year
Since launch 11.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 26.3%
2022 -1.6%
2021 26.2%
2020 8.9%
2019 11.9%
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%

Growth of 10k Over Years

DateValue
30 Sep 19₹10,000
30 Sep 20₹9,357
30 Sep 21₹14,443
30 Sep 22₹14,349
30 Sep 23₹16,370
30 Sep 24₹22,796

Asset Allocation

Asset ClassValue
Cash1.13%
Equity98.87%

Sector Allocation

SectorValue
Financial Services26.06%
Consumer Cyclical23.32%
Industrials16.6%
Consumer Defensive9.47%
Technology8.93%
Basic Materials8.22%
Health Care3.34%
Energy1.88%
Communication Services1.05%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
Banks - Regional7%₹87 Cr680,968
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
Banks - Regional7%₹79 Cr458,211
Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP
Specialty Industrial Machinery5%₹64 Cr148,944
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 500251
Apparel Retail5%₹55 Cr72,136
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
Information Technology Services3%₹38 Cr205,257
State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN
Banks - Regional3%₹36 Cr460,575
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN
Credit Services3%₹34 Cr210,855
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 532215
Banks - Regional3%₹31 Cr250,779
Blue Star Ltd (Industrials)
Equity, Since 31 Oct 22 | BLUESTARCO
Building Products & Equipment2%₹27 Cr131,363
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 23 | LT
Engineering & Construction2%₹25 Cr68,942
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Fund Managers

NameSinceTenure
Yogesh Patil1 Jul 240.25 Yr.
Dikshit Mittal31 Jul 231.17 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
LIC MF Tax Plan
Growth
₹151.106
↑ 1.44
14.74 %35.85 %14.35 %16.48 %
LIC MF Tax Plan
Normal Dividend, Payout
₹31.6329
↑ 0.30
14.39 %34.39 %13.61 %15.99 %
Data as on 29 Oct 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.