The fund details shown here are of the Growth Plan option and belongs to the Equity, ELSS Fund category.

The NAV for LIC MF ELSS Tax Saver Fund is 150.802 as of 11 Jul 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 18.62% annualized return for the last 3 years.

LIC MF ELSS Tax Saver has 2 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Very High risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception


Monthly SIP of      for

Below table shows comparison of LIC MF ELSS Tax Saver with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
This Fund




Bank FD







Fund Information

  • As of 31 Jan 2024, fund size of LIC MF ELSS Tax Saver is 996.32 Cr.

  • LIC MF ELSS Tax Saver shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 2.22%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • LIC MF ELSS Tax Saver is an Equity oriented mutual fund in the - ELSS Fund category.

  • NIFTY 500 TRI is the benchmark for LIC MF ELSS Tax Saver. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 31 Mar 1997 as at present it is 27 years old fund.

  • Name of the AMC is LIC Mutual Fund. Click here to know more about LIC Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. LIC MF ELSS Tax Saver managed by following fund manager(s);

How does the Return Comparison of the LIC MF ELSS Tax Saver fare against peer funds in the ELSS fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by LIC MF ELSS Tax Saver. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, ELSS fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 5.07% 22.64% 25.54% 28.65% 14.91% 34.69% 24.20% 24.00%
Category Average 2.65% 12.71% 15.46% 16.55% 7.76% 24.16% 14.17% 16.52%
LIC MF ELSS Tax Saver 7.60% 15.59% 21.80% 36.99% 28.01% 18.62% 17.97% 14.53%
SBI Long Term Equity Fund 5.18% 11.79% 26.76% 57.52% 42.64% 28.58% 25.03% 16.70%
Kotak ELSS Tax Saver Fund 4.53% 12.57% 25.15% 42.18% 32.56% 21.88% 21.61% 17.73%
Bank Of India ELSS Tax Saver Fund 6.32% 12.33% 26.52% 59.33% 40.11% 23.80% 28.56% 18.99%
Bandhan ELSS Tax Saver Fund 4.33% 8.28% 16.19% 34.59% 29.19% 20.82% 22.43% 17.53%
Quant ELSS Tax Saver Fund 4.55% 9.89% 24.82% 59.10% 38.65% 27.02% 34.00% 24.89%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of LIC MF ELSS Tax Saver are shown below;

Equity 96.84%

Debt %

Others 3.17%

Top Equity Holdings

Name of the EquityHolding Percentage
HDFC Bank Ltd 6.80%
Others 76.04%

Allocation by Sector

Name of the SectorHolding Percentage
Financial 30.85%
Technology 10.13%
Consumer Staples 8.45%
Automobile 8.10%
Materials 7.15%
Others 35.32%

Portfolio Holdings shown is as of 31 Jan 2024


Investors understand that their principal
will be at Very High risk