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LIC MF ELSS Direct Growth

LIC MF ELSS Direct Growth

EquityELSS (Tax Savings)Very High Risk

Direct

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NAV (25-Oct-24)

₹168.85-1.01%1D

Returns (Since Inception)

15.75%
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Fund Overview

Fund Size

Fund Size

₹1,209 Cr

Expense Ratio

Expense Ratio

0.95%

ISIN

ISIN

INF767K01EM1

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

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 11 years, 9 months and 27 days, having been launched on 01-Jan-13.
As of 25-Oct-24, it has a Net Asset Value (NAV) of ₹168.85, Assets Under Management (AUM) of 1209.44 Crores, and an expense ratio of 0.95%.
  • LIC MF ELSS Direct Growth has given a CAGR return of 15.75% since inception.
  • The fund's asset allocation comprises around 98.87% in equities, 0.00% in debts, and 1.13% 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

+36.23%

+37.29% (Cat Avg.)

3 Years

+14.73%

+15.80% (Cat Avg.)

5 Years

+17.99%

+20.28% (Cat Avg.)

10 Years

+14.37%

+14.81% (Cat Avg.)

Since Inception

+15.75%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity₹1,195.75 Cr98.87%
Others₹13.69 Cr1.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity₹86.69 Cr7.17%
HDFC Bank LtdEquity₹79.36 Cr6.56%
Shakti Pumps (India) LtdEquity₹63.61 Cr5.26%
Trent LtdEquity₹54.64 Cr4.52%
Infosys LtdEquity₹38.5 Cr3.18%
State Bank of IndiaEquity₹36.29 Cr3.00%
Cholamandalam Investment and Finance Co LtdEquity₹33.91 Cr2.80%
Axis Bank LtdEquity₹30.9 Cr2.55%
Blue Star LtdEquity₹27.11 Cr2.24%
Larsen & Toubro LtdEquity₹25.34 Cr2.10%
PI Industries LtdEquity₹25.14 Cr2.08%
Titan Co LtdEquity₹24.78 Cr2.05%
Zomato LtdEquity₹23.09 Cr1.91%
Reliance Industries LtdEquity₹22.79 Cr1.88%
Grasim Industries LtdEquity₹22.48 Cr1.86%
ABB India LtdEquity₹22.09 Cr1.83%
Kirloskar Oil Engines LtdEquity₹21.65 Cr1.79%
ITC LtdEquity₹21.19 Cr1.75%
Mahindra & Mahindra LtdEquity₹21.15 Cr1.75%
Power Finance Corp LtdEquity₹20.94 Cr1.73%
Bharat Forge LtdEquity₹20.22 Cr1.67%
Maruti Suzuki India LtdEquity₹19.95 Cr1.65%
SRF LtdEquity₹19.64 Cr1.62%
Varun Beverages LtdEquity₹19.64 Cr1.62%
Bajaj Finserv LtdEquity₹19.01 Cr1.57%
Hindustan Unilever LtdEquity₹18.22 Cr1.51%
HCL Technologies LtdEquity₹17.99 Cr1.49%
Thermax LtdEquity₹17.2 Cr1.42%
Mrs Bectors Food Specialities Ltd Ordinary SharesEquity₹16.99 Cr1.41%
Eicher Motors LtdEquity₹16.96 Cr1.40%
Blue Dart Express LtdEquity₹16.86 Cr1.39%
TrepsCash - Repurchase Agreement₹16.31 Cr1.35%
Eureka Forbes LtdEquity₹16.21 Cr1.34%
KPIT Technologies LtdEquity₹15.95 Cr1.32%
Craftsman Automation LtdEquity₹14.8 Cr1.22%
Nestle India LtdEquity₹13.9 Cr1.15%
ZF Commercial Vehicle Control Systems India LtdEquity₹13.76 Cr1.14%
Metro Brands LtdEquity₹13.36 Cr1.10%
LTIMindtree LtdEquity₹12.97 Cr1.07%
CCL Products (India) LtdEquity₹12.78 Cr1.06%
Coforge LtdEquity₹12.76 Cr1.06%
Affle India LtdEquity₹12.7 Cr1.05%
EIH LtdEquity₹12.27 Cr1.01%
Mankind Pharma LtdEquity₹12.15 Cr1.00%
Safari Industries (India) LtdEquity₹12.05 Cr1.00%
Avenue Supermarts LtdEquity₹11.74 Cr0.97%
Zydus Lifesciences LtdEquity₹11.53 Cr0.95%
Navin Fluorine International LtdEquity₹11.4 Cr0.94%
Coromandel International LtdEquity₹11.15 Cr0.92%
Schaeffler India LtdEquity₹10.45 Cr0.86%
Tata Elxsi LtdEquity₹9.87 Cr0.82%
UltraTech Cement LtdEquity₹9.61 Cr0.79%
Abbott India LtdEquity₹8.67 Cr0.72%
JK Tyre & Industries LtdEquity₹8.23 Cr0.68%
Kotak Mahindra Bank LtdEquity₹8.04 Cr0.66%
Piramal Pharma LtdEquity₹7.99 Cr0.66%
Grindwell Norton LtdEquity₹6.94 Cr0.57%
Net Receivables / (Payables)Cash₹-2.62 Cr0.22%
P N Gadgil Jewellers LtdEquity₹0.11 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.50%

Mid Cap Stocks

16.98%

Small Cap Stocks

19.39%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services₹315.13 Cr26.06%
Consumer Cyclical₹282.04 Cr23.32%
Industrials₹200.8 Cr16.60%
Consumer Defensive₹114.47 Cr9.47%
Technology₹108.04 Cr8.93%
Basic Materials₹99.43 Cr8.22%
Healthcare₹40.34 Cr3.34%
Energy₹22.79 Cr1.88%
Communication Services₹12.7 Cr1.05%

Risk & Performance Ratios

Standard Deviation

This fund

12.41%

Cat. avg.

12.69%

Lower the better

Sharpe Ratio

This fund

0.92

Cat. avg.

1.00

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.89

Higher the better

Fund Managers

YP

Yogesh Patil

Since July 2024

DM

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 30th September 2024

ISIN
INF767K01EM1
Expense Ratio
0.95%
Exit Load
No Charges
Fund Size
₹1,209 Cr
Age
11 years 9 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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

Very High Risk

0.7%0.0%₹4925.84 Cr37.1%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4925.84 Cr35.6%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹39252.74 Cr33.0%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹4362.18 Cr34.5%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹4362.18 Cr33.0%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.7%0.0%₹57.19 Cr37.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹57.19 Cr35.0%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹411.63 Cr48.9%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹411.63 Cr46.2%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1673.99 Cr26.6%

About the AMC

LIC Mutual Fund

LIC Mutual Fund

phone+91 022-66016000
e-mailhttps://www.licmf.com/

Total AUM

₹31,651 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%₹3234.88 Cr45.0%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹560.43 Cr29.8%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹178.06 Cr10.9%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹1403.94 Cr32.5%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹90.34 Cr10.5%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1591.08 Cr8.7%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1588.28 Cr31.0%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1494.13 Cr7.9%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹87.78 Cr24.8%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹340.27 Cr27.4%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹750.04 Cr65.5%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹9610.33 Cr7.5%
LIC MF ELSS Direct Growth

Very High Risk

0.9%0.0%₹1209.44 Cr36.2%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹111.33 Cr8.8%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹136.44 Cr7.7%
LIC MF Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹844.69 Cr20.1%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.2%1.0%₹51.02 Cr12.2%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹291.33 Cr15.3%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹25.14 Cr6.6%
LIC MF Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹869.37 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1403.94 Cr44.9%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹259.04 Cr7.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF ELSS Direct Growth, as of 25-Oct-2024, is ₹168.85.
The fund has generated 36.23% over the last 1 year and 14.73% 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 98.87% in equities, 0.00% in bonds, and 1.13% in cash and cash equivalents.
The fund managers responsible for LIC MF ELSS Direct Growth are:-
  1. Yogesh Patil
  2. Dikshit Mittal
info
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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