MyWealthGrowth.com logo
HomeMutual Funds

LIC Tax Plan

LIC Tax Plan

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

16.79

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,931 today.

Invest Now

NAV Performance

LIC Tax Plan performance graph for last 3 years
Performance of LIC Tax Plan for last 3 Years

Fund Information

  • ₹ 121.697

    as on 08 Dec 2023
  • Regular - Growth

  • 22 / 37

  • ₹ 500

  • ₹ 419 Cr.

    as on 31 May 2023
  • 2.45%

  • 17 Apr 2000

  • Equity - ELSS

  • 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 ₹ 121.697 as on 08 Dec 2023.

This fund has 23 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.45%. 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

  • About Amit Nadekar

    Picture of Amit NadekarMr. Nadekar has done M.Com, CA and MMS(Finance). Prior to joining LIC Mutual Fund, he has worked with Alchemy Capital Management Pvt. Ltd., Raymond Limited, Apar Research and First Global Securities.

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 10.79% 12.62% 25.01% 29.42% 32.94% 32.39% 28.27% 24.60% 46.60% 30.62% 25.23% 31.84% 23.89%
Category Average 7.19% 6.41% 17.15% 19.90% 12.69% 19.95% 16.12% 16.22% 33.66% 21.60% 17.96% 19.29% 15.02%
LIC Tax Plan 6.01%₹ 10,601 5.12%₹ 10,511 13.31%₹ 11,330 19.64%₹ 11,963 30.81%₹ 13,918 10.02%₹ 12,103 18.95%₹ 28,896 16.79%₹ 15,931 15.75%₹ 45,466 14.05%₹ 19,313 16.44%₹ 90,479 14.44%₹ 38,595 13.29%₹ 2,40,081
Quant Tax Plan 9.25%₹ 10,924 8.96%₹ 10,896 25.01%₹ 12,500 18.55%₹ 11,855 42.43%₹ 14,605 17.04%₹ 13,698 25.89%₹ 30,768 32.39%₹ 23,202 24.69%₹ 51,506 28.27%₹ 34,772 31.84%₹ 1,31,021 24.60%₹ 90,446 23.89%₹ 4,25,160
Kotak Tax Saver Fund 6.15%₹ 10,615 4.68%₹ 10,467 15.00%₹ 11,499 17.30%₹ 11,730 27.92%₹ 13,744 13.17%₹ 12,807 20.20%₹ 29,229 20.71%₹ 17,587 17.91%₹ 46,879 17.66%₹ 22,572 19.86%₹ 98,367 17.40%₹ 49,822 15.95%₹ 2,76,825
Mirae Asset Tax Saver Fund 7.98%₹ 10,798 5.14%₹ 10,513 17.16%₹ 11,715 18.64%₹ 11,864 31.22%₹ 13,942 10.45%₹ 12,200 19.84%₹ 29,132 19.71%₹ 17,155 16.67%₹ 46,065 18.72%₹ 23,605 20.18%₹ 99,148 - -
IDFC Tax Advantage (elss) Fund 6.68%₹ 10,667 4.32%₹ 10,431 16.18%₹ 11,617 21.10%₹ 12,109 31.79%₹ 13,976 14.23%₹ 13,049 22.00%₹ 29,714 25.55%₹ 19,792 20.14%₹ 48,369 19.14%₹ 24,024 23.39%₹ 1,07,140 17.85%₹ 51,786 17.28%₹ 2,97,477
BOI AXA Tax Advantage Fund 10.79%₹ 11,078 10.17%₹ 11,016 24.74%₹ 12,474 26.60%₹ 12,659 45.24%₹ 14,769 14.21%₹ 13,043 27.61%₹ 31,240 23.80%₹ 18,975 22.03%₹ 49,658 22.88%₹ 28,050 24.66%₹ 1,10,472 18.07%₹ 52,730 18.31%₹ 3,14,340

Portfolio Holdings

Portfolio holdings pattern of LIC Tax Plan as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    94.66%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    5.33%

Top Sector Holdings of LIC Tax Plan

Name of SectorHolding PercentageHolding Values in Crore
Banks 21.87% ₹ 97.08 Cr.
Computers - Software 7.89% ₹ 35.03 Cr.
NBFC 6.38% ₹ 28.29 Cr.
Passenger/Utility vehicles 5.21% ₹ 23.10 Cr.
Retailing 3.85% ₹ 17.07 Cr.
Others 54.80% -

Top Stock Holdings of LIC Tax Plan

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 7.78% ₹ 34.54 Cr.
HDFC Bank Ltd. 6.92% ₹ 30.71 Cr.
Axis Bank Ltd. 5.10% ₹ 22.66 Cr.
Infosys Ltd. 3.52% ₹ 15.62 Cr.
Maruti Suzuki India Ltd. 3.12% ₹ 13.83 Cr.
Others 73.56% -

Other Holdings

Holding TypeHolding Percentage
TREPS 5.08%
Net Receivables 0.25%