LIC MF ELSS Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,152 Cr
Expense Ratio
0.97%
ISIN
INF767K01EM1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹168.38, Assets Under Management (AUM) of 1152.41 Crores, and an expense ratio of 0.97%.
- LIC MF ELSS Direct Growth has given a CAGR return of 16.09% since inception.
- The fund's asset allocation comprises around 98.59% in equities, 0.00% in debts, and 1.41% in cash & cash equivalents.
- You can start investing in LIC MF ELSS Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+35.19%
+37.41% (Cat Avg.)
3 Years
+19.24%
+19.51% (Cat Avg.)
5 Years
+19.79%
+21.13% (Cat Avg.)
10 Years
+15.06%
+15.42% (Cat Avg.)
Since Inception
+16.09%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹1,136.2 Cr | 98.59% |
| Others | ₹16.21 Cr | 1.41% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹81.69 Cr | 7.09% |
| HDFC Bank Ltd | Equity | ₹77.15 Cr | 6.69% |
| Shakti Pumps (India) Ltd | Equity | ₹54.58 Cr | 4.74% |
| Trent Ltd | Equity | ₹39.53 Cr | 3.43% |
| State Bank of India | Equity | ₹39.1 Cr | 3.39% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹34.91 Cr | 3.03% |
| Infosys Ltd | Equity | ₹32.16 Cr | 2.79% |
| Axis Bank Ltd | Equity | ₹31.73 Cr | 2.75% |
| ABB India Ltd | Equity | ₹27.35 Cr | 2.37% |
| Kirloskar Oil Engines Ltd | Equity | ₹24.53 Cr | 2.13% |
| Larsen & Toubro Ltd | Equity | ₹24.46 Cr | 2.12% |
| Reliance Industries Ltd | Equity | ₹24.16 Cr | 2.10% |
| Bharat Forge Ltd | Equity | ₹22.27 Cr | 1.93% |
| Titan Co Ltd | Equity | ₹22.06 Cr | 1.91% |
| Mahindra & Mahindra Ltd | Equity | ₹22.04 Cr | 1.91% |
| Grasim Industries Ltd | Equity | ₹21.47 Cr | 1.86% |
| Blue Star Ltd | Equity | ₹21.47 Cr | 1.86% |
| Varun Beverages Ltd | Equity | ₹21.12 Cr | 1.83% |
| Power Finance Corp Ltd | Equity | ₹20.82 Cr | 1.81% |
| PI Industries Ltd | Equity | ₹20.51 Cr | 1.78% |
| Eicher Motors Ltd | Equity | ₹19.75 Cr | 1.71% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹19.18 Cr | 1.66% |
| SRF Ltd | Equity | ₹19.16 Cr | 1.66% |
| Maruti Suzuki India Ltd | Equity | ₹18.14 Cr | 1.57% |
| Thermax Ltd | Equity | ₹18.04 Cr | 1.57% |
| Treps | Cash - Repurchase Agreement | ₹17.91 Cr | 1.55% |
| Blue Dart Express Ltd | Equity | ₹17.39 Cr | 1.51% |
| ITC Ltd | Equity | ₹17.38 Cr | 1.51% |
| Zomato Ltd | Equity | ₹16.95 Cr | 1.47% |
| KPIT Technologies Ltd | Equity | ₹16.02 Cr | 1.39% |
| Bajaj Finserv Ltd | Equity | ₹15.3 Cr | 1.33% |
| Hindustan Unilever Ltd | Equity | ₹15.23 Cr | 1.32% |
| HCL Technologies Ltd | Equity | ₹14.62 Cr | 1.27% |
| Zydus Lifesciences Ltd | Equity | ₹14.17 Cr | 1.23% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹13.47 Cr | 1.17% |
| Nestle India Ltd | Equity | ₹13.19 Cr | 1.14% |
| Metro Brands Ltd | Equity | ₹12.86 Cr | 1.12% |
| Craftsman Automation Ltd | Equity | ₹12.67 Cr | 1.10% |
| Schaeffler India Ltd | Equity | ₹12.66 Cr | 1.10% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹12.26 Cr | 1.06% |
| Indian Hotels Co Ltd | Equity | ₹11.89 Cr | 1.03% |
| Navin Fluorine International Ltd | Equity | ₹11.84 Cr | 1.03% |
| LTIMindtree Ltd | Equity | ₹11.19 Cr | 0.97% |
| Avenue Supermarts Ltd | Equity | ₹10.87 Cr | 0.94% |
| Affle India Ltd | Equity | ₹10.75 Cr | 0.93% |
| CCL Products (India) Ltd | Equity | ₹10.73 Cr | 0.93% |
| Coromandel International Ltd | Equity | ₹10.66 Cr | 0.92% |
| AIA Engineering Ltd | Equity | ₹10.62 Cr | 0.92% |
| Safari Industries (India) Ltd | Equity | ₹10.44 Cr | 0.91% |
| Mankind Pharma Ltd | Equity | ₹10.26 Cr | 0.89% |
| Coforge Ltd | Equity | ₹9.93 Cr | 0.86% |
| UltraTech Cement Ltd | Equity | ₹9.5 Cr | 0.82% |
| Tata Elxsi Ltd | Equity | ₹8.95 Cr | 0.78% |
| Swan Energy Ltd | Equity | ₹8.67 Cr | 0.75% |
| Abbott India Ltd | Equity | ₹8.22 Cr | 0.71% |
| Grindwell Norton Ltd | Equity | ₹7.89 Cr | 0.68% |
| Kotak Mahindra Bank Ltd | Equity | ₹7.81 Cr | 0.68% |
| EIH Ltd | Equity | ₹4.44 Cr | 0.38% |
| Net Receivables / (Payables) | Cash | ₹-1.71 Cr | 0.15% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.40%
Mid Cap Stocks
17.20%
Small Cap Stocks
19.00%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹327.69 Cr | 28.44% |
| Consumer Cyclical | ₹247.84 Cr | 21.51% |
| Industrials | ₹206.35 Cr | 17.91% |
| Consumer Defensive | ₹100.77 Cr | 8.74% |
| Basic Materials | ₹93.15 Cr | 8.08% |
| Technology | ₹92.86 Cr | 8.06% |
| Healthcare | ₹32.65 Cr | 2.83% |
| Energy | ₹24.16 Cr | 2.10% |
| Communication Services | ₹10.75 Cr | 0.93% |
Risk & Performance Ratios
Standard Deviation
This fund
12.87%
Cat. avg.
12.52%
Lower the better
Sharpe Ratio
This fund
1.02
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.80
Higher the better
Fund Managers
Yogesh Patil
Since July 2024
Dikshit Mittal
Since July 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF767K01EM1 | Expense Ratio | 0.97% | Exit Load | No Charges | Fund Size | ₹1,152 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4551.18 Cr | 34.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4551.18 Cr | 32.5% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹37106.30 Cr | 29.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹3731.20 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.22 Cr | 39.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹363.38 Cr | 52.7% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1649.12 Cr | 25.5% |
About the AMC
Total AUM
₹30,884 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Yogesh Patil
- Dikshit Mittal
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