Fund Performance
Lumpsum
SIP
16.79
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,931 today.
NAV Performance
Fund Information
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₹ 121.697
as on 08 Dec 2023 -
Regular - Growth
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22 / 37
-
₹ 500
-
₹ 419 Cr.
as on 31 May 2023 -
2.45%
-
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 ₹ 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
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About Amit Nadekar
Mr. 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
Top Sector Holdings of LIC Tax Plan
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 5.08% |
| Net Receivables | 0.25% |