LIC MF Tax Direct Plan Growth-1.55%

3Groww
-4.97%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Tax Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.49%
NAV70.43 (09 Jul 2019)
Fund Started01 Jan 2013
Fund Size227 Cr

Returns

1Y
3Y*
5Y*
Since inception*
LIC MF Tax Direct Plan Growth
-5.0%
9.1%
9.5%
13.0%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -5.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Triparty RepoCurrent AssetsMoney Market12.7%
    HDFC Bank Ltd.Financial ServicesEquity7.9%
    ICICI Bank Ltd. Financial ServicesEquity4.8%
    Bajaj Finance Ltd.Financial ServicesEquity4.4%
    Reliance Industries Ltd.EnergyEquity3.8%
    City Union Bank Ltd.Financial ServicesEquity3.5%
    Vinati OrganicsChemicalsEquity3.5%
    Tata Chemicals Ltd.ChemicalsEquity3.3%
    Avenue Supermarts Ltd.Consumer GoodsEquity3.3%
    Bajaj Finserv Ltd.Financial ServicesEquity3.3%
    See All

    Fund Managers

    addSachin Relekar
    Education
    Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.
    Experience
    Prior to joining Sundaram Mutual Fund he has worked with Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.
    Funds Managed

    Other Details

    LIC MF Tax Direct Plan Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sachin Relekar is the Current Fund Manager of LIC MF Tax Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹227 Cr and the Latest NAV as of 09 Jul 2019 is ₹70.43.

    The LIC MF Tax Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    To provide long term capital appreciation and tax saving u/s 88 of IT Act

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About LIC Mutual Fund

    Address
    4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
    Phone
    022-66016000
    Launch Date
    20 Apr 1994
    Website
    NA
    LIC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
    Invest Now
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