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Business News/Market/Market Stats/    LIC MF ELSS Tax Saver Growth

LIC MF ELSS Tax Saver Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 2
  • Plan
148.66 -2.38 (-1.57%) NAV as on 19 Jul, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)1152.41
  • CAGR 35.34%
  • Exit Load0.00%
  • Expense ratio2.13%
  • CategoryEquity
  • Min Investment5000
  • Min SIP500
  • Launch Date1999-02-03

Morning Star Rating 2

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 22 July 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha -0.97%
  • Beta 0.91
  • Sharpe Ratio0.93
  • Std Deviation 12.86%
  • Tracking Error 6.30%

About Fund

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.

 

The LIC MF ELSS Tax Saver Growth has an AUM of 1152.41 crores & has delivered CAGR of 17.81% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.13%. The minimum investment in LIC MF ELSS Tax Saver Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include ICICI Bank, HDFC Bank, Shakti Pumps India & Trent.

 

The major sectors where the fund is invested are Regional Banks, Misc. Capital Goods, Software & Programming & Chemical Manufacturing.

 

Some of the similar funds are Bank of India ELSS Tax Saver Fund Eco Growth, Union ELSS Tax Saver Fund Growth, Sundaram ELSS Tax Saver Fund Regular Plan - Growth, Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth, LIC MF ELSS Tax Saver Growth. LIC MF ELSS Tax Saver Growth has a sharpe ratio of 0.93 & a standard deviation of 12.86%.

FAQs about LIC MF ELSS Tax Saver Growth

According to the morning star rating LIC MF ELSS Tax Saver Growth has a Moderate risk & Exceptional return.
LIC MF ELSS Tax Saver Growth is managed by Yogesh Patil,Dikshit Mittal.
The expense ratio of LIC MF ELSS Tax Saver Growth is 2.13%.
The 5 year annualized return on LIC MF ELSS Tax Saver Growth is 17.81% & it has generated 35.34% in the last 1 year.
The minimum investment in LIC MF ELSS Tax Saver Growth is 5000 Rs.
LIC MF ELSS Tax Saver Growth has an AUM of 1152.41 crores.
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