Dezerv

Fund Overview

Fund Size

Fund Size

₹1,064 Cr

Expense Ratio

Expense Ratio

2.16%

ISIN

ISIN

INF767K01956

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

03 Feb 1999

About this fund

LIC MF ELSS Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 25 years, 4 months and 15 days, having been launched on 03-Feb-99.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹143.62, Assets Under Management (AUM) of 1064.38 Crores, and an expense ratio of 2.16%.
  • LIC MF ELSS Regular Growth has given a CAGR return of 11.42% since inception.
  • The fund's asset allocation comprises around 98.30% in equities, 0.00% in debts, and 1.70% in cash & cash equivalents.
  • You can start investing in LIC MF ELSS Regular 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

+32.52%

+39.07% (Cat Avg.)

3 Years

+17.51%

+19.35% (Cat Avg.)

5 Years

+16.31%

+19.13% (Cat Avg.)

10 Years

+14.20%

+15.59% (Cat Avg.)

Since Inception

+11.42%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity1,046.33 Cr98.30%
Others18.05 Cr1.70%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity76.34 Cr7.17%
HDFC Bank LtdEquity70.18 Cr6.59%
State Bank of IndiaEquity38.24 Cr3.59%
Shakti Pumps (India) LtdEquity36.98 Cr3.47%
Trent LtdEquity32.89 Cr3.09%
Cholamandalam Investment and Finance Co LtdEquity30.44 Cr2.86%
Axis Bank LtdEquity29.14 Cr2.74%
Infosys LtdEquity28.88 Cr2.71%
ABB India LtdEquity26.79 Cr2.52%
Larsen & Toubro LtdEquity25.3 Cr2.38%
Reliance Industries LtdEquity22.08 Cr2.07%
Kirloskar Oil Engines LtdEquity21.94 Cr2.06%
Power Finance Corp LtdEquity21.13 Cr1.99%
Titan Co LtdEquity21.01 Cr1.97%
Bharat Forge LtdEquity20.73 Cr1.95%
Blue Star LtdEquity20.71 Cr1.95%
Eicher Motors LtdEquity20 Cr1.88%
Mahindra & Mahindra LtdEquity19.27 Cr1.81%
PI Industries LtdEquity19.12 Cr1.80%
TrepsCash - Repurchase Agreement18.78 Cr1.76%
Maruti Suzuki India LtdEquity18.69 Cr1.76%
Grasim Industries LtdEquity18.63 Cr1.75%
Varun Beverages LtdEquity18.49 Cr1.74%
Equitas Small Finance Bank Ltd Ordinary SharesEquity18.28 Cr1.72%
Thermax LtdEquity18.22 Cr1.71%
ITC LtdEquity17.44 Cr1.64%
SRF LtdEquity17.39 Cr1.63%
Indian Hotels Co LtdEquity17.28 Cr1.62%
Blue Dart Express LtdEquity15.86 Cr1.49%
Zomato LtdEquity15.14 Cr1.42%
ZF Commercial Vehicle Control Systems India LtdEquity15.08 Cr1.42%
Bajaj Finserv LtdEquity14.72 Cr1.38%
Zydus Lifesciences LtdEquity14.71 Cr1.38%
Hindustan Unilever LtdEquity14.34 Cr1.35%
KPIT Technologies LtdEquity14.28 Cr1.34%
HCL Technologies LtdEquity13.26 Cr1.25%
Nestle India LtdEquity12.17 Cr1.14%
Metro Brands LtdEquity11.89 Cr1.12%
Schaeffler India LtdEquity11.33 Cr1.06%
Mrs Bectors Food Specialities Ltd Ordinary SharesEquity11.28 Cr1.06%
Navin Fluorine International LtdEquity10.56 Cr0.99%
CCL Products (India) LtdEquity10.4 Cr0.98%
Mankind Pharma LtdEquity10.31 Cr0.97%
Safari Industries (India) LtdEquity10.08 Cr0.95%
UltraTech Cement LtdEquity10.05 Cr0.94%
Avenue Supermarts LtdEquity9.91 Cr0.93%
LTIMindtree LtdEquity9.77 Cr0.92%
Craftsman Automation LtdEquity9.67 Cr0.91%
AIA Engineering LtdEquity9.34 Cr0.88%
Affle India LtdEquity9.09 Cr0.85%
Coforge LtdEquity9.04 Cr0.85%
Tata Elxsi LtdEquity8.88 Cr0.83%
Coromandel International LtdEquity8.71 Cr0.82%
Swan Energy LtdEquity8.49 Cr0.80%
Abbott India LtdEquity7.7 Cr0.72%
Grindwell Norton LtdEquity7.4 Cr0.70%
Kotak Mahindra Bank LtdEquity7.28 Cr0.68%
Net Receivables / (Payables)Cash-0.72 Cr0.07%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.88%

Mid Cap Stocks

18.20%

Small Cap Stocks

17.23%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services305.76 Cr28.73%
Consumer Cyclical231.54 Cr21.75%
Industrials182.55 Cr17.15%
Consumer Defensive94.03 Cr8.83%
Basic Materials84.45 Cr7.93%
Technology84.1 Cr7.90%
Healthcare32.72 Cr3.07%
Energy22.08 Cr2.07%
Communication Services9.09 Cr0.85%

Risk & Performance Ratios

Standard Deviation

This fund

12.11%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

0.84

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

Karan Doshi

Karan Doshi

Since July 2023

DM

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 31st May 2024

ISININF767K01956Expense Ratio2.16%Exit LoadNo ChargesFund Size₹1,064 CrAge03 Feb 1999Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment 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 nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4199.87 Cr37.0%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4199.87 Cr35.5%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹34895.64 Cr29.5%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.2%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3454.03 Cr32.7%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹51.18 Cr44.8%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹51.18 Cr42.5%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹337.77 Cr60.0%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹337.77 Cr57.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1577.96 Cr28.3%

About the AMC

Total AUM

₹30,003 Cr

Address

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

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2737.00 Cr49.9%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹518.38 Cr30.6%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹171.43 Cr7.1%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹1051.51 Cr37.3%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹48.08 Cr7.4%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1410.12 Cr7.0%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1428.43 Cr28.9%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1428.43 Cr7.3%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.13 Cr22.8%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹295.41 Cr26.2%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹333.23 Cr86.2%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹12530.22 Cr7.4%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1064.38 Cr34.0%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹108.13 Cr7.3%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹245.40 Cr8.1%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹868.01 Cr17.0%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹50.34 Cr9.1%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹285.19 Cr20.9%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.79 Cr6.9%
LIC MF Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹524.19 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1051.51 Cr51.3%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹161.02 Cr7.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF ELSS Regular Growth, as of 14-Jun-2024, is ₹143.62.
The fund has generated 32.52% over the last 1 year and 17.51% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 98.30% in equities, 0.00% in bonds, and 1.70% in cash and cash equivalents.
The fund managers responsible for LIC MF ELSS Regular Growth are:-
  1. Karan Doshi
  2. Dikshit Mittal