LIC MF ELSS Direct Growth

Fund Overview

Fund Size

₹915 Cr

Expense Ratio

1.07%

ISIN

INF767K01EM1

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

LIC MF ELSS Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 13 years, 4 months and 10 days, having been launched on 01-Jan-13.
As of 08-May-26, it has a Net Asset Value (NAV) of ₹166.67, Assets Under Management (AUM) of 914.75 Crores, and an expense ratio of 1.07%.

LIC MF ELSS Direct Growth has given a CAGR return of 13.71% since inception.
The fund's asset allocation comprises around 94.73% in equities, 0.00% in debts, and 5.27% in cash & cash equivalents.
You can start investing in LIC MF ELSS Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

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

+0.12%

+5.65% (Cat Avg.)

3 Years

+13.86%

+15.32% (Cat Avg.)

5 Years

+13.20%

+14.12% (Cat Avg.)

10 Years

+13.64%

+14.49% (Cat Avg.)

Since Inception

+13.71%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity	₹866.5 Cr	94.73%
Others	₹48.24 Cr	5.27%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹76.35 Cr	7.68%
HDFC Bank Ltd	Equity	₹70.72 Cr	7.12%
Treps	Cash - Repurchase Agreement	₹53.74 Cr	5.41%
Axis Bank Ltd	Equity	₹43.44 Cr	4.37%
State Bank of India	Equity	₹34.26 Cr	3.45%
Cholamandalam Investment and Finance Co Ltd	Equity	₹32.95 Cr	3.32%
Shakti Pumps (India) Ltd	Equity	₹32.47 Cr	3.27%
Kirloskar Oil Engines Ltd	Equity	₹29.91 Cr	3.01%
Larsen & Toubro Ltd	Equity	₹27.67 Cr	2.78%
Eicher Motors Ltd	Equity	₹23.98 Cr	2.41%
Blue Star Ltd	Equity	₹23.4 Cr	2.35%
Grasim Industries Ltd	Equity	₹22.47 Cr	2.26%
Reliance Industries Ltd	Equity	₹22.09 Cr	2.22%
CCL Products (India) Ltd	Equity	₹21.24 Cr	2.14%
Mahindra & Mahindra Ltd	Equity	₹20.17 Cr	2.03%
Maruti Suzuki India Ltd	Equity	₹19.03 Cr	1.91%
Trent Ltd	Equity	₹18.11 Cr	1.82%
SRF Ltd	Equity	₹18.02 Cr	1.81%
Torrent Pharmaceuticals Ltd	Equity	₹17.57 Cr	1.77%
Infosys Ltd	Equity	₹17.49 Cr	1.76%
PI Industries Ltd	Equity	₹16.5 Cr	1.66%
Navin Fluorine International Ltd	Equity	₹15.88 Cr	1.60%
Bharat Forge Ltd	Equity	₹15.68 Cr	1.58%
EIH Ltd	Equity	₹15.23 Cr	1.53%
Eternal Ltd	Equity	₹15.17 Cr	1.53%
Tata Consultancy Services Ltd	Equity	₹14.63 Cr	1.47%
Bajaj Finserv Ltd	Equity	₹14.52 Cr	1.46%
Eureka Forbes Ltd	Equity	₹14.23 Cr	1.43%
TVS Motor Co Ltd	Equity	₹13.95 Cr	1.40%
Hindustan Unilever Ltd	Equity	₹13.86 Cr	1.39%
Coromandel International Ltd	Equity	₹13.2 Cr	1.33%
Abbott India Ltd	Equity	₹13.16 Cr	1.32%
ITC Ltd	Equity	₹12.88 Cr	1.30%
Power Finance Corp Ltd	Equity	₹12.18 Cr	1.23%
Schaeffler India Ltd	Equity	₹11.02 Cr	1.11%
Varun Beverages Ltd	Equity	₹10.99 Cr	1.11%
Mankind Pharma Ltd	Equity	₹10.83 Cr	1.09%
Metro Brands Ltd	Equity	₹10.71 Cr	1.08%
Affle 3i Ltd	Equity	₹10.59 Cr	1.07%
Avenue Supermarts Ltd	Equity	₹10.57 Cr	1.06%
JK Tyre & Industries Ltd	Equity	₹10.49 Cr	1.06%
REC Ltd	Equity	₹9.87 Cr	0.99%
Persistent Systems Ltd	Equity	₹9.63 Cr	0.97%
Apollo Hospitals Enterprise Ltd	Equity	₹9.53 Cr	0.96%
Dr Agarwal’s Health Care Ltd	Equity	₹8.7 Cr	0.87%
Kotak Mahindra Bank Ltd	Equity	₹8.31 Cr	0.84%
Mrs Bectors Food Specialities Ltd Ordinary Shares	Equity	₹8.25 Cr	0.83%
Procter & Gamble Hygiene and Health Care Ltd	Equity	₹7.97 Cr	0.80%
Neuland Laboratories Ltd	Equity	₹7.59 Cr	0.76%
UltraTech Cement Ltd	Equity	₹6.72 Cr	0.68%
Blue Dart Express Ltd	Equity	₹6.26 Cr	0.63%
Piramal Pharma Ltd	Equity	₹5.65 Cr	0.57%
Bharat Petroleum Corp Ltd	Equity	₹2.66 Cr	0.27%
Arvind Fashions Ltd	Equity	₹2.64 Cr	0.27%
Net Receivables / (Payables)	Cash	₹-1.33 Cr	0.13%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹302.6 Cr	30.45%
Consumer Cyclical	₹190.42 Cr	19.16%
Industrials	₹137.72 Cr	13.86%
Consumer Defensive	₹85.75 Cr	8.63%
Basic Materials	₹74.76 Cr	7.52%
Healthcare	₹73.02 Cr	7.35%
Technology	₹41.74 Cr	4.20%
Energy	₹24.74 Cr	2.49%
Communication Services	₹10.59 Cr	1.07%

Risk & Performance Ratios

Fund Managers

Sumit Bhatnagar

Since April 2026

Additional Scheme Detailsas of 30th April 2026

ISIN

INF767K01EM1

Expense Ratio

1.07%

Exit Load

No Charges

Fund Size

₹915 Cr

Age

13 years 4 months

Lumpsum Minimum

₹500

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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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
Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk	2.4%	0.0%	₹71.23 Cr	7.2%
Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk	0.7%	0.0%	₹71.23 Cr	9.1%
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹234.68 Cr	10.2%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹60.41 Cr	20.3%
SBI Long Term Advantage Fund Series II Regular Growth Very High Risk	-	0.0%	₹34.17 Cr	6.4%
SBI Long Term Advantage Fund Series II Direct Growth Very High Risk	-	0.0%	₹34.17 Cr	6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk	-	0.0%	₹60.41 Cr	19.9%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk	1.4%	0.0%	₹25.86 Cr	21.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹25.86 Cr	21.7%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.2%	0.0%	₹13.10 Cr	5.9%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth Very High Risk	1.4%	0.0%	₹13.10 Cr	5.6%
SBI Long Term Advantage Fund Series I Regular Growth Low Risk	-	0.0%	₹49.50 Cr	16.8%
SBI Long Term Advantage Fund Series I Direct Growth Low Risk	-	0.0%	₹49.50 Cr	17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.3%	0.0%	₹63.44 Cr	20.8%
SBI Long Term Advantage Fund Series VI Regular Growth Very High Risk	-	0.0%	₹223.50 Cr	4.3%
SBI Long Term Advantage Fund Series VI Direct Growth Very High Risk	-	0.0%	₹223.50 Cr	4.7%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth Very High Risk	1.4%	0.0%	₹63.44 Cr	20.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.2%	-	₹28.88 Cr	23.3%
SBI Tax Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹33.26 Cr	32.0%
SBI Tax Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹33.26 Cr	31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth Very High Risk	1.4%	-	₹28.88 Cr	23.0%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth Very High Risk	1.4%	0.0%	₹38.95 Cr	3.6%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Very High Risk	1.0%	0.0%	₹38.95 Cr	4.0%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹19.36 Cr	22.8%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹19.36 Cr	23.1%
SBI Long Term Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹66.00 Cr	-3.0%
SBI Long Term Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹66.00 Cr	-2.6%
SBI Long Term Advantage Fund Series V Direct Growth Very High Risk	-	0.0%	₹319.57 Cr	7.5%
SBI Long Term Advantage Fund Series V Regular Growth Very High Risk	-	0.0%	₹319.57 Cr	7.1%
SBI Long Term Advantage Fund Series IV Regular Growth Very High Risk	-	0.0%	₹180.82 Cr	8.6%
SBI Long Term Advantage Fund Series IV Direct Growth Very High Risk	-	0.0%	₹180.82 Cr	9.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.3%	0.0%	₹30.40 Cr	20.8%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹30.40 Cr	20.6%
Invesco India Tax Plan Regular Growth Very High Risk	2.0%	0.0%	₹2292.72 Cr	1.1%
HSBC ELSS Fund Direct Growth Very High Risk	1.2%	0.0%	₹3561.32 Cr	12.5%
LIC MF ELSS Direct Growth Very High Risk	1.1%	0.0%	₹914.75 Cr	0.1%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹5586.77 Cr	5.3%
Invesco India Tax Plan Direct Growth Very High Risk	0.9%	0.0%	₹2292.72 Cr	2.2%
HSBC Tax Saver Equity Fund Regular Growth Very High Risk	2.5%	0.0%	₹243.60 Cr	4.0%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth Very High Risk	1.1%	0.0%	₹12809.74 Cr	4.4%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.6%	0.0%	₹1183.44 Cr	3.8%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.7%	0.0%	₹6273.86 Cr	7.4%
Nippon India Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.0%	0.0%	₹13421.54 Cr	8.7%
JM Tax Gain Fund Direct Growth Very High Risk	1.0%	0.0%	₹195.75 Cr	11.2%
Samco ELSS Tax Saver Fund Direct Growth Very High Risk	1.0%	0.0%	₹96.55 Cr	6.5%
Samco ELSS Tax Saver Fund Regular Growth Very High Risk	2.4%	0.0%	₹96.55 Cr	5.0%
Mahindra Manulife ELSS Fund Regular Growth Very High Risk	2.2%	0.0%	₹827.84 Cr	0.4%
Mahindra Manulife ELSS Fund Direct Growth Very High Risk	0.8%	0.0%	₹827.84 Cr	2.0%

About the AMC

LIC Mutual Fund

+91 022-66016000

https://www.licmf.com/

Total AUM

₹42,297 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
LIC MF Technology Fund Direct Growth Moderately High risk	0.6%	1.0%	₹75.95 Cr	-
LIC MF Consumption Fund Direct Growth Very High Risk	1.6%	1.0%	₹435.65 Cr	-
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	1.1%	1.0%	₹860.10 Cr	16.1%
LIC MF Manufacturing Fund Direct Growth Very High Risk	1.7%	1.0%	₹651.17 Cr	28.6%
LIC MF Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2709.75 Cr	6.9%
LIC MF Aggressive Hybrid Fund Direct Growth Very High Risk	1.4%	1.0%	₹470.35 Cr	7.1%
LIC MF Medium to Long Duration Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹189.25 Cr	3.4%
LIC MF Flexi Cap Fund Direct Growth Very High Risk	1.6%	1.0%	₹894.99 Cr	13.7%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹45.26 Cr	-1.3%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1842.77 Cr	5.2%
LIC MF Large Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹1253.40 Cr	-0.1%
LIC MF Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1830.19 Cr	6.5%
LIC MF S & P Sensex Index Fund Direct Growth Very High Risk	0.8%	0.0%	₹85.13 Cr	-3.2%
LIC MF Nifty 50 Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹334.63 Cr	0.2%
LIC MF Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹904.53 Cr	25.7%
LIC MF Liquid Plan Direct Growth Moderate Risk	0.1%	0.0%	₹11106.16 Cr	6.3%
LIC MF ELSS Direct Growth Very High Risk	1.1%	0.0%	₹914.75 Cr	0.1%
LIC MF Gold ETF FOF Direct Growth High Risk	0.4%	1.0%	₹740.10 Cr	53.1%
LIC MF Equity Savings Fund Direct Growth Moderate Risk	1.3%	1.0%	₹32.22 Cr	7.2%
LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹89.60 Cr	14.8%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹188.45 Cr	5.5%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹219.67 Cr	6.3%
LIC MF Balanced Advantage Fund Direct Growth Very High Risk	1.3%	1.0%	₹652.81 Cr	2.3%
LIC MF Focused 30 Equity Direct Growth Very High Risk	0.5%	1.0%	₹146.09 Cr	4.4%
LIC MF Long Term Value Fund Direct Growth Very High Risk	1.4%	1.0%	₹181.45 Cr	23.3%
LIC MF Healthcare Fund Direct Growth Very High Risk	0.6%	1.0%	₹78.30 Cr	14.3%
LIC MF Small Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹552.21 Cr	20.6%
LIC MF Conservative Hybrid Fund Direct Growth Moderately High risk	1.4%	1.0%	₹45.59 Cr	3.8%
LIC MF Midcap Fund Direct Growth Very High Risk	1.4%	1.0%	₹300.89 Cr	13.1%
LIC MF Banking & Financial Services Fund Direct Growth Very High Risk	1.2%	1.0%	₹239.40 Cr	8.9%
LIC MF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4593.63 Cr	6.6%
LIC MF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹902.49 Cr	5.4%
LIC MF Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹1632.36 Cr	14.3%
LIC MF Dividend Yield Fund Direct Growth Very High Risk	0.8%	1.0%	₹582.56 Cr	13.0%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹186.58 Cr	6.5%

Risk Level

Your principal amount will be at Very High Risk

Take control of your wealth

Track and Analyse all your investments with Dezerv

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of LIC MF ELSS Direct Growth?

The NAV of LIC MF ELSS Direct Growth, as of 08-May-2026, is ₹166.67.

What are the returns of LIC MF ELSS Direct Growth?

The fund has generated 0.12% over the last 1 year and 13.86% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of LIC MF ELSS Direct Growth?

The fund's allocation of assets is distributed as 94.73% in equities, 0.00% in bonds, and 5.27% in cash and cash equivalents.

Who manages the LIC MF ELSS Direct Growth?

The fund managers responsible for LIC MF ELSS Direct Growth are:-

Sumit Bhatnagar

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2026 Dezerv. All Rights Reserved

Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.

Fund Overview