Mutual Fund Details

LIC MF ELSS Direct-IDCW Payout

Name: LIC MF ELSS Direct-IDCW Payout
Brand: LIC Mutual Fund

Tax Saver ELSS

NAV

₹28.8723

as on 20 Sep 2023, 11:00 PM

₹-0.1284(0.44%)

Last Change

Scheme Ratings

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Karan Doshi

Dikshit Mittal

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,73,522

₹1,79,640

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹79,640

Profit (absolute return)

79.64%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

5.55%

In the last 6 months

23.07%

In the last 1 year

13.47%

In the last 3 years

79.64%

In the last 5 years

87.40%

In the last 10 years

333.80%

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

LIC MF ELSS Direct-IDCW Payout

as of 31 Aug 2023, 05:30 AM

₹955.94 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.29%

Expense Ratio

Plan

Dividend

6.51%

Cash Holding

Benchmark

NIFTY 500 Total Return Index

Scheme Document

View

Benchmark

NIFTY 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Aug 2023

Sort By

Value

Sector

Financial

30.17%

₹288.39 Cr

Technology

9.74%

₹93.07 Cr

Automobile

7.88%

₹75.33 Cr

Consumer Staples

7.75%

₹74.13 Cr

Materials

6.83%

₹65.28 Cr

Others

37.63%

₹359.72 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Aug 2023

Sort By

Value

Sector

Financial

30.17%

₹288.39 Cr

Technology

9.74%

₹93.07 Cr

Automobile

7.88%

₹75.33 Cr

Consumer Staples

7.75%

₹74.13 Cr

Materials

6.83%

₹65.28 Cr

Others

37.63%

₹359.72 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Aug 2023

Sort By

Value

Company

ICICI Bank Ltd.

7.63%

₹72.94 Cr

HDFC Bank Ltd.

7.61%

₹72.75 Cr

Axis Bank Ltd.

4.69%

₹44.83 Cr

Infosys Ltd.

3.74%

₹35.75 Cr

Others

76.33%

₹729.67 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Aug 2023

Sort By

Value

Company

ICICI Bank Ltd.

7.63%

₹72.94 Cr

HDFC Bank Ltd.

7.61%

₹72.75 Cr

Axis Bank Ltd.

4.69%

₹44.83 Cr

Infosys Ltd.

3.74%

₹35.75 Cr

Others

76.33%

₹729.67 Cr

View All

Funds in this Category

This fund's returns:

21.52%

Return Duration

3 Years

Quant Tax Plan Direct-Growth

Bandhan Tax Advantage (ELSS) Direct Plan-Growth

Franklin India Taxshield Direct-Growth

About LIC MF ELSS Direct-IDCW Payout

LIC MF ELSS Direct-IDCW Payout is a Tax Saver mutual fund scheme from LIC Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Karan Doshi and Dikshit Mittal. It has an AUM of ₹955.94 Crores and the latest NAV decalared is ₹28.872 as on 21 Sep 2023 at 2:29 pm.

LIC MF ELSS Direct-IDCW Payout scheme return performance in last 1 year is 13.47%, in last 3 years is 79.64% and 322.72% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹955.94 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.