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

113.063 (0.156%)

NAV on September 09, 2022

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 425 cr

Turnover Ratio 30.78%

Expense Ratio 1.47%

Exit Load -

Returns

1M: 3.19%
1Y: 4.10%
3M: 11.74%
3Y: 17.43%
6M: 10.15%
5Y: 12.61%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Amit Nadekar (Since 3 months)

ISIN INF767K01EM1

Fund Family LIC Nomura

P/E Ratio 29.84

P/B Ratio 4.83

Launch Date January 01, 2013

Benchmark IISL Nifty 500 TR INR

RISK MEASURES (3 yrs)

vs IISL Nifty 500 TR INR

Alpha -2.14

Beta 0.92

R-Squared 93.66

Info Ratio -0.69

Tracking Err 5.68

Sortino 0.868

Sharpe 0.655

Std Dev 21.434

Risk Average

SECTOR WEIGHTINGS (%)

Financial 33.78%

Industrial 6.44%

Technology 12.17%

Basic Materials 9.04%

Consumer Cyclical 19.1%

Utilities Services 0.0%

Healthcare Services 4.75%

Energy Services 0.00%

Communication Services 3.52%

Consumer Defensive 8.90%

Real Estate 2.31%

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	20.445	11.23%	733 cr	0.84%	Low
PGIM India ELSS Tax Saver Fund Dir Gr	26.740	9.32%	416 cr	1.03%	Average
Kotak Tax Saver-Scheme-Growth - Direct	85.310	8.53%	2,936 cr	0.75%	Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	128.590	4.50%	4,197 cr	0.66%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	34.480	2.35%	13,148 cr	0.56%	Average
Bank of India Tax Advantage Fund Direct Plan Growth	114.720	1.56%	645 cr	1.37%	Below Average
L&T Tax Advantage Fund Direct Plan Growth Option	85.372	0.92%	3,254 cr	1.19%	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	849.043	12.04%	9,788 cr	1.24%	Average
Parag Parikh Tax Saver Fund Direct Growth	20.445	11.23%	733 cr	0.84%	Low
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth	111.291	9.82%	3,851 cr	0.75%	High
PGIM India ELSS Tax Saver Fund Dir Gr	26.740	9.32%	416 cr	1.03%	Average
SBI Magnum Long Term Equity Scheme Direct Growth	247.757	7.70%	11,204 cr	1.21%	Average
Sundaram Diversified Equity - Direct Plan - Growth Option	163.308	7.14%	1,856 cr	1.46%	Above Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	128.590	4.50%	4,197 cr	0.66%	Below Average