LIC MF ELSS Direct Growth

Fund Overview

Fund Size

₹1,150 Cr

Expense Ratio

0.96%

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 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹166.23, Assets Under Management (AUM) of 1149.78 Crores, and an expense ratio of 0.96%.

LIC MF ELSS Direct Growth has given a CAGR return of 15.26% since inception.
The fund's asset allocation comprises around 95.45% in equities, 0.00% in debts, and 4.55% 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

+20.31%

+14.47% (Cat Avg.)

3 Years

+14.37%

+14.26% (Cat Avg.)

5 Years

+16.05%

+18.26% (Cat Avg.)

10 Years

+12.46%

+13.05% (Cat Avg.)

Since Inception

+15.26%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹1,097.44 Cr	95.45%
Others	₹52.35 Cr	4.55%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹87.28 Cr	7.59%
HDFC Bank Ltd	Equity	₹81.23 Cr	7.07%
Shakti Pumps (India) Ltd	Equity	₹79.39 Cr	6.90%
Treps	Cash - Repurchase Agreement	₹54.96 Cr	4.78%
Trent Ltd	Equity	₹49.21 Cr	4.28%
Infosys Ltd	Equity	₹38.59 Cr	3.36%
State Bank of India	Equity	₹36.61 Cr	3.18%
Blue Star Ltd	Equity	₹28.1 Cr	2.44%
Axis Bank Ltd	Equity	₹26.7 Cr	2.32%
Cholamandalam Investment and Finance Co Ltd	Equity	₹25.01 Cr	2.17%
Larsen & Toubro Ltd	Equity	₹24.87 Cr	2.16%
Zomato Ltd	Equity	₹23.49 Cr	2.04%
Power Finance Corp Ltd	Equity	₹22.65 Cr	1.97%
Titan Co Ltd	Equity	₹21.08 Cr	1.83%
Varun Beverages Ltd	Equity	₹20.69 Cr	1.80%
Mahindra & Mahindra Ltd	Equity	₹20.55 Cr	1.79%
PI Industries Ltd	Equity	₹19.9 Cr	1.73%
ITC Ltd	Equity	₹19.78 Cr	1.72%
Grasim Industries Ltd	Equity	₹19.64 Cr	1.71%
HCL Technologies Ltd	Equity	₹19.2 Cr	1.67%
ABB India Ltd	Equity	₹18.96 Cr	1.65%
Reliance Industries Ltd	Equity	₹18.76 Cr	1.63%
Kirloskar Oil Engines Ltd	Equity	₹18.09 Cr	1.57%
SRF Ltd	Equity	₹17.6 Cr	1.53%
Tata Consultancy Services Ltd	Equity	₹17.41 Cr	1.51%
Bharat Forge Ltd	Equity	₹17.33 Cr	1.51%
Eureka Forbes Ltd	Equity	₹16.53 Cr	1.44%
Maruti Suzuki India Ltd	Equity	₹16.37 Cr	1.42%
Eicher Motors Ltd	Equity	₹16.27 Cr	1.41%
EIH Ltd	Equity	₹16.22 Cr	1.41%
Hindustan Unilever Ltd	Equity	₹14.33 Cr	1.25%
Affle India Ltd	Equity	₹14.26 Cr	1.24%
Mankind Pharma Ltd	Equity	₹13.88 Cr	1.21%
Mrs Bectors Food Specialities Ltd Ordinary Shares	Equity	₹13.78 Cr	1.20%
Thermax Ltd	Equity	₹13.62 Cr	1.18%
CCL Products (India) Ltd	Equity	₹13.48 Cr	1.17%
Bajaj Finserv Ltd	Equity	₹13.03 Cr	1.13%
Metro Brands Ltd	Equity	₹12.74 Cr	1.11%
Coromandel International Ltd	Equity	₹12.52 Cr	1.09%
LTIMindtree Ltd	Equity	₹11.6 Cr	1.01%
Nestle India Ltd	Equity	₹11.22 Cr	0.98%
Navin Fluorine International Ltd	Equity	₹10.75 Cr	0.94%
Craftsman Automation Ltd	Equity	₹10.6 Cr	0.92%
Zydus Lifesciences Ltd	Equity	₹10.48 Cr	0.91%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹10.43 Cr	0.91%
UltraTech Cement Ltd	Equity	₹9.31 Cr	0.81%
Piramal Pharma Ltd	Equity	₹9.29 Cr	0.81%
Schaeffler India Ltd	Equity	₹9.1 Cr	0.79%
Abbott India Ltd	Equity	₹8.85 Cr	0.77%
Tata Elxsi Ltd	Equity	₹8.69 Cr	0.76%
Avenue Supermarts Ltd	Equity	₹8.21 Cr	0.71%
Kotak Mahindra Bank Ltd	Equity	₹7.74 Cr	0.67%
JK Tyre & Industries Ltd	Equity	₹7.43 Cr	0.65%
Blue Dart Express Ltd	Equity	₹4.6 Cr	0.40%
Net Receivables / (Payables)	Cash	₹-2.61 Cr	0.23%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹300.25 Cr	26.11%
Consumer Cyclical	₹247.34 Cr	21.51%
Industrials	₹187.64 Cr	16.32%
Consumer Defensive	₹101.47 Cr	8.83%
Technology	₹95.49 Cr	8.30%
Basic Materials	₹89.72 Cr	7.80%
Healthcare	₹42.5 Cr	3.70%
Energy	₹18.76 Cr	1.63%
Communication Services	₹14.26 Cr	1.24%

Risk & Performance Ratios

Fund Managers

Yogesh Patil

Since July 2024

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 31st December 2024

ISIN

INF767K01EM1

Expense Ratio

0.96%

Exit Load

No Charges

Fund Size

₹1,150 Cr

Age

12 years

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
Tata India Tax Savings Fund Direct Growth Very High Risk	0.7%	0.0%	₹4640.66 Cr	15.7%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4640.66 Cr	14.5%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹35953.73 Cr	12.8%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹4506.61 Cr	15.9%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹4506.61 Cr	14.7%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.59 Cr	3.3%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹54.59 Cr	1.6%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹396.89 Cr	11.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹396.89 Cr	9.5%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1528.93 Cr	8.2%

About the AMC

LIC Mutual Fund

+91 022-66016000

https://www.licmf.com/

Total AUM

₹32,557 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 Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3141.81 Cr	20.9%
LIC MF Aggressive Hybrid Fund Direct Growth Very High Risk	1.4%	1.0%	₹528.91 Cr	12.4%
LIC MF Medium to Long Duration Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹181.32 Cr	10.5%
LIC MF Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1062.01 Cr	15.0%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.8%	0.0%	₹101.44 Cr	9.3%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1773.20 Cr	8.4%
LIC MF Large Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1448.12 Cr	12.9%
LIC MF Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1484.67 Cr	7.9%
LIC MF S & P Sensex Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹82.49 Cr	6.6%
LIC MF Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹314.67 Cr	7.5%
LIC MF Infrastructure Fund Direct Growth Very High Risk	0.6%	1.0%	₹927.50 Cr	35.0%
LIC MF Liquid Plan Direct Growth Low to Moderate Risk	0.2%	0.0%	₹9444.15 Cr	7.4%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹1149.78 Cr	20.3%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹113.13 Cr	8.6%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹309.93 Cr	7.7%
LIC MF Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹792.35 Cr	12.8%
LIC MF Conservative Hybrid Fund Direct Growth Moderately High risk	1.2%	1.0%	₹50.06 Cr	9.2%
LIC MF Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹256.08 Cr	-0.0%
LIC MF Money Market Fund Direct Growth Low Risk	0.6%	0.0%	₹21.98 Cr	6.5%
LIC MF Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1846.30 Cr	6.7%
LIC MF Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1465.07 Cr	25.2%
LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹215.37 Cr	7.7%

Risk Level

Your principal amount will be at Very High Risk

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

The NAV of LIC MF ELSS Direct Growth, as of 21-Jan-2025, is ₹166.23.

What are the returns of LIC MF ELSS Direct Growth?

The fund has generated 20.31% over the last 1 year and 14.37% 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 95.45% in equities, 0.00% in bonds, and 4.55% in cash and cash equivalents.

Who manages the LIC MF ELSS Direct Growth?

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

Yogesh Patil
Dikshit Mittal

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.

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Fund Overview

Fund Size

₹1,150 Cr

Expense Ratio

0.96%

ISIN

INF767K01EM1

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk