- Mutual Funds
- LIC Mutual Fund
- LIC MF ELSS Tax Saver (G)
LIC MF ELSS Tax Saver (G)
₹ 158.3139
NAV (Oct 15)
Tax Saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 158.3139
NAV (Oct 15)
Fund Returns
Last 1Y | 37.6% |
Last 3Y | 15.1% |
Last 5Y | 18.2% |
Last 10Y | 14.1% |
Since Inception | 11% |
6 Month CAGR | 22.3% |
Scheme Information
Earlier known as Dhan Tax Saver '97, the scheme seeks maximum capital growth with equity allocation up to 85 per cent of the corpus. Allocation to debentures and money market instruments can be up to 15 per cent each. It was made open-ended in April 2000.
Expense Ratio | 2.12 |
Launched (0y ago) | 2.12 |
AUM in Crores | 1209.4 |
ISIN | INF767K01956 |
Lock-in | 1095 |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | - |
Standard Deviation | 13 |
Beta | 0.9 |
Sharpe Ratio | 1 |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF ELSS Tax Saver (G) | 11,59,553 | 4,26,941 | 18.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
ICICI Bank Ltd.
7%HDFC Bank Ltd.
6.2%Shakti Pumps (India) Ltd.
5.4%Trent Ltd.
3.5%Others
3.5%Allocation by Sector
Financial
25.6%Capital Goods
11.4%Technology
9.9%Automobile
9.6%Services
8.7%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
LIC Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.8% | 7.9% | ||
15.4% | 5.9% | ||
6.1% | 6.9% | ||
5.6% | 8.2% | ||
33% | 10.5% |
LIC MF ELSS Tax Saver (G) Review
LIC MF ELSS Tax Saver (G) is a Tax Saving Equity fund and has delivered an annualised return of 10.951% over a period of 27 years. The fund is managed by LIC Mutual Fund. The fund managers are Dikshit Mittal, Karan Doshi, Yogesh Patil.
Nav of LIC MF ELSS Tax Saver (G) as of 10/15/2024 is ₹158.31 with the total AUM as of 10/16/2024 is ₹1209.4387. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF ELSS Tax Saver (G) was launched on 1997-03-31. The category risk of the fund is Average.
The minimum SIP amount for LIC MF ELSS Tax Saver (G) is ₹1000 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
LIC MF ELSS Tax Saver (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY 500 Total Return Index.
It is rated as a 1 fund in Equity and delivered 37.578% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF ELSS Tax Saver (G).
Frequently Asked Questions
What is LIC MF ELSS Tax Saver (G)?
How to invest in LIC MF ELSS Tax Saver (G)?
You can invest in LIC MF ELSS Tax Saver (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of LIC MF ELSS Tax Saver (G)?
The minimum sip amount for LIC MF ELSS Tax Saver (G) is ₹1000. You can invest in multiples of ₹500.
Is LIC MF ELSS Tax Saver (G) good to invest in?
As per Scripbox experts, it is a 1 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the LIC MF ELSS Tax Saver (G)?
The expense ratio of the LIC MF ELSS Tax Saver (G) is 2.12% for regular plan.
What is the NAV of LIC MF ELSS Tax Saver (G)?
Today's LIC MF ELSS Tax Saver (G) NAV is ₹158.31.