Fund Performance
Lumpsum
SIP
18.86
as on 20 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,792 today.
NAV Performance
Fund Information
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₹ 94.031
as on 20 Mar 2023 -
Regular - Growth
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19 / 37
-
₹ 500
-
₹ 398 Cr.
as on 31 Dec 2021 -
2.54%
-
17 Apr 2000
-
Nifty 500 TRI
-
LIC Mutual Fund
Show All Funds -
Data not available.
Highlights of this fund
LIC Tax Plan is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 17 Apr 2000. This fund is offered by one of the top AMC (Assets Management Company) LIC Mutual Fund. You can also view here all other Equity funds offered by LIC Mutual Fund.
Latest NAV of the fund is ₹ 94.031 as on 20 Mar 2023.
This fund has 22 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.54%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To provide capital growth along with tax rebate and tax relief to the investors through prudent investments in stock market.
List of Fund Managers of LIC Tax Plan
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About Yogesh Patil
Mr. Patil is an MBA (Finance). Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | -1.85% | -2.07% | 1.37% | 17.83% | 32.94% | 47.61% | 20.32% | 21.23% | 7.73% | 9.64% | 24.20% | 24.36% | 20.92% |
| Category Average | -3.99% | -6.98% | -5.76% | -0.11% | 9.60% | 24.87% | 9.96% | 14.33% | -2.05% | 1.66% | 12.23% | 11.73% | 12.15% |
| LIC Tax Plan | -4.41%₹ 9,559 | -6.19%₹ 9,381 | -8.26%₹ 9,173 | -4.31%₹ 9,568 | -4.76%₹ 11,690 | 7.60%₹ 11,580 | -0.44%₹ 23,889 | 18.86%₹ 16,792 | 9.05%₹ 41,243 | 8.60%₹ 15,111 | 9.08%₹ 75,402 | 12.67%₹ 32,977 | 10.43%₹ 2,06,084 |
| DSP Tax Saver Fund | -3.92%₹ 9,608 | -6.78%₹ 9,322 | -5.32%₹ 9,468 | -0.34%₹ 9,966 | -1.80%₹ 11,883 | 10.60%₹ 12,235 | 2.08%₹ 24,520 | 27.39%₹ 20,673 | 13.76%₹ 44,164 | 12.19%₹ 17,782 | 13.72%₹ 84,598 | 16.25%₹ 45,098 | 13.97%₹ 2,48,850 |
| Mirae Asset Tax Saver Fund | -4.16%₹ 9,583 | -7.15%₹ 9,285 | -5.56%₹ 9,443 | -2.17%₹ 9,782 | -3.81%₹ 11,752 | 8.12%₹ 11,692 | 0.24%₹ 24,060 | 28.24%₹ 21,088 | 12.52%₹ 43,382 | 13.51%₹ 18,849 | 13.82%₹ 84,804 | - | - |
| Quant Tax Plan | -2.38%₹ 9,762 | -12.38%₹ 8,761 | -12.64%₹ 8,736 | 2.55%₹ 10,255 | -6.49%₹ 11,577 | 19.30%₹ 14,238 | 4.42%₹ 25,109 | 47.61%₹ 32,165 | 24.20%₹ 51,126 | 20.32%₹ 25,226 | 24.37%₹ 1,09,622 | 21.23%₹ 68,647 | 20.92%₹ 3,61,871 |
| BOI AXA Tax Advantage Fund | -3.80%₹ 9,619 | -8.15%₹ 9,184 | -6.80%₹ 9,319 | -1.35%₹ 9,865 | -1.80%₹ 11,884 | 10.25%₹ 12,157 | 1.04%₹ 24,260 | 27.24%₹ 20,600 | 13.21%₹ 43,818 | 11.87%₹ 17,524 | 15.28%₹ 87,920 | 15.87%₹ 43,650 | 14.44%₹ 2,55,236 |
| Canara Robeco Equity Tax Saver Fund | -4.39%₹ 9,560 | -7.20%₹ 9,279 | -7.06%₹ 9,293 | -1.71%₹ 9,829 | -3.35%₹ 11,782 | 8.22%₹ 11,715 | 0.54%₹ 24,134 | 25.86%₹ 19,935 | 11.92%₹ 43,009 | 14.18%₹ 19,416 | 13.90%₹ 84,983 | 14.75%₹ 39,598 | 13.70%₹ 2,45,284 |
Portfolio Holdings
Top Sector Holdings of LIC Tax Plan
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 21.80% | ₹ 88.90 Cr. |
| Computers - Software | 17.51% | ₹ 71.37 Cr. |
| Retailing | 8.09% | ₹ 32.97 Cr. |
| Pharmaceuticals | 8.02% | ₹ 32.67 Cr. |
| Chemicals - Speciality | 4.17% | ₹ 17.03 Cr. |
| Others | 40.41% | - |
Top Stock Holdings of LIC Tax Plan
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Infosys Ltd. | 9.42% | ₹ 38.38 Cr. |
| ICICI Bank Ltd. | 9.26% | ₹ 37.75 Cr. |
| HDFC Bank Ltd. | 6.85% | ₹ 27.92 Cr. |
| Tata Consultancy Services Ltd. | 5.55% | ₹ 22.63 Cr. |
| Avenue Supermarts Ltd. | 5.10% | ₹ 20.77 Cr. |
| Others | 63.82% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.42% |
| Net Receivables | -0.05% |