June 20, 2025
mayank
LIC MF ELSS Tax Saver details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 172.4718
NAV IDCW: Rs 38.0904
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
Earlier known as Dhan Tax Saver ’97, the scheme seeks maximum capital growth with equity allocation up to 85 per cent of the corpus. Allocation to debentures and money market instruments can be up to 15 per cent each. It was made open-ended in April 2000.
Fund Manager:
1) Dikshit Mittal
Education: Mr. Mittal is a MBA (Finance) – ICFAI Busines School, Hyderabad. B-Tech (Chemical) – Punjab Technical University.
Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
2) Yogesh Patil
Education: Mr. Patil is an MBA (Finance).
Experience: Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of LIC MF ELSS Tax Saver
| Fund House | LIC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 16.03% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,113 Cr |
| (As on 31-May-2025) | |
| Expense | 0.97% |
| (As on 31-May-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | 14.00% |
Trailing Returns (%) of LIC MF ELSS Tax Saver
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF ELSS Tax Saver Dir | -0.57 | -0.88 | -0.33 | 5.61 | -1.36 | 5.69 | 22.49 | 21.87 | 13.61 | 13.08 |
| BSE 500 TRI | 2.02 | -0.69 | -0.40 | 9.08 | 0.39 | 2.84 | 21.32 | 23.30 | 14.99 | 14.18 |
| Equity: ELSS | 0.15 | -0.74 | -0.05 | 8.90 | -1.32 | 3.55 | 23.38 | 24.19 | 15.69 | 14.66 |
| Rank within category | 26 | 30 | 25 | 40 | 23 | 13 | 19 | 27 | 26 | 22 |
| Number of funds in category | 39 | 40 | 40 | 40 | 39 | 39 | 33 | 33 | 30 | 26 |
Peer Comparison of LIC MF ELSS Tax Saver
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| LIC MF ELSS Tax Saver Dir | 2 star | 5.69 | 22.49 | 21.87 | 0.97 | 1,113 | 16.03 | — | 12Y 5M | 14.00 |
| SBI Long Term Equity Dir | 5 star | 3.34 | 30.55 | 28.73 | 0.93 | 29,667 | 16.68 | — | 12Y 5M | 19.00 |
| DSP ELSS Tax Saver Dir | 4 star | 7.18 | 26.00 | 26.50 | 0.74 | 16,974 | 18.06 | — | 12Y 5M | 31.00 |
| HDFC ELSS Tax Saver Dir | 5 star | 8.25 | 27.79 | 27.72 | 1.05 | 16,454 | 15.59 | — | 12Y 5M | 23.53 |
| Quant ELSS Tax Saver Dir | 4 star | -9.64 | 22.64 | 33.50 | 0.52 | 11,329 | 20.41 | — | 12Y 5M | 162.00 |
Portfolio Analysis of LIC MF ELSS Tax Saver
| No. of Stocks | 61 |
| Top 10 Stocks | 38.88% |
| Top 5 Stocks | 27.87% |
| Top 3 Sectors | 49.26% |
| Portfolio P/B Ratio | 4.18 |
| Portfolio P/E Ratio | 26.37 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,61,290 | 1,97,148 |
| Giant (%) | 51.73 | 53.09 |
| Large (%) | 17.34 | 18.93 |
| Mid (%) | 19.35 | 21.56 |
| Small (%) | 11.59 | 6.84 |
| Tiny (%) | — | 0.60 |
Chanakya’s Mutual Fund Guidance For LIC MF ELSS Tax Saver
WILL Post Soon
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