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Fincash » Mutual Funds » LIC MF Tax Plan

LIC MF Tax Plan - G

NAV  ₹60.7161 ↓ -0.36  (-0.59 %) as on 13 Jul 20

Scheme Objective

The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Tax Plan is a Equity - ELSS fund launched on 3 Feb 99. It is a fund with Moderately High risk and has given a CAGR return of 9.2% since its launch.  Ranked 35 in ELSS category.  Return for 2019 was 11.9% , 2018 was -1.1% and 2017 was 37.3% .

Below is the key information for LIC MF Tax Plan

NAV as on 13 Jul 20₹60.7161 ↓ -0.36  (-0.59 %)
Net Assets (AUM) as on 30 Apr 2020 ₹229 Cr.
Launch Date3 Feb 1999
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio1.81
Expense Ratio2.62 %
Sharpe Ratio-0.408
Information Ratio0.07
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jul 20

DurationReturns
1 Month 5.3%
3 Month 11.9%
6 Month -17.8%
1 Year -8%
3 Year 1%
5 Year 3.6%
10 Year
15 Year
Since launch 9.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 11.9%
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
2012 26.3%
2011 -26.2%

Growth of 10k Over Years

DateValue
30 Jun 15₹10,000
30 Jun 16₹9,715
30 Jun 17₹11,455
30 Jun 18₹12,646
30 Jun 19₹13,588
30 Jun 20₹11,860
LIC MF Tax Plan Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash13.46%
Equity86.54%
LIC MF Tax Plan Asset Allocation

Sector Allocation

SectorValue
Financial Services23.65%
Consumer Defensive13.93%
Consumer Cyclical13.32%
Health Care10.03%
Technology9.76%
Basic Materials8.61%
Communication Services4.7%
Industrials1.64%
Real Estate0.91%
LIC MF Tax Plan Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
13%₹28 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
Banks - Regional7%₹15 Cr156,215
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
Discount Stores6%₹13 Cr55,692
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
Information Technology Services5%₹12 Cr174,456
↓ -15,700
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
Banks - Regional5%₹11 Cr339,141
↑ 25,422
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
Information Technology Services4%₹10 Cr49,200
↓ -9,700
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
Credit Services4%₹10 Cr48,950
↑ 12,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
Banks - Regional4%₹8 Cr68,259
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
Telecom Services3%₹8 Cr137,750
↑ 33,600
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 500696
Household & Personal Products3%₹7 Cr34,200
1 - 10 of 45
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Fund Managers

NameSinceTenure
Sachin Relekar5 Mar 155.33 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
LIC MF Tax Plan
Growth
₹60.7161
↓ -0.36
-17.84 %-7.96 %1.03 %3.56 %
LIC MF Tax Plan
Normal Dividend, Payout
₹14.888
↓ -0.09
-17.84 %-8.25 %-0.8 %2.44 %
Data as on 13 Jul 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.