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Fincash » Mutual Funds » LIC MF Tax Plan

LIC MF Tax Plan - G

NAV  ₹71.2873 ↓ -0.28   (-0.39 %) as on 21 Nov 19

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 10.3% since its launch.  Ranked 35 in ELSS category.  Return for 2018 was -1.1% , 2017 was 37.3% and 2016 was 3.3% .

Below is the key information for LIC MF Tax Plan

NAV as on 21 Nov 19₹71.2873 ↓ -0.28   (-0.39 %)
Net Assets (AUM) as on 31 Oct 2019 ₹251 Cr.
Launch Date3 Feb 1999
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio4.38
Expense Ratio2.62 %
Sharpe Ratio0.971
Information Ratio0.09
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 21 Nov 19

DurationReturns
1 Month 2.5%
3 Month 10.4%
6 Month 10.9%
1 Year 14.5%
3 Year 14.4%
5 Year 9.1%
10 Year
15 Year
Since launch 10.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
2012 26.3%
2011 -26.2%
2010 15.7%

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,561
31 Oct 16₹11,572
31 Oct 17₹13,744
31 Oct 18₹13,516
31 Oct 19₹15,723
LIC MF Tax Plan Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.64%
Equity95.36%
LIC MF Tax Plan Asset Allocation

Sector Allocation

SectorValue
Financial Services41.03%
Consumer Cyclical12.65%
Technology12.15%
Basic Materials10.03%
Consumer Defensive9.34%
Energy3.34%
Real Estate2.54%
Industrials2.28%
Health Care1.73%
Utility0.26%
LIC MF Tax Plan Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
8%₹19 Cr156,190
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
6%₹15 Cr318,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
6%₹14 Cr35,200
Treps
CBLO/Reverse Repo | -
6%₹14 Cr
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
5%₹13 Cr58,900
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
5%₹13 Cr190,156
↑ 18,900
City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB
4%₹11 Cr518,285
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
4%₹10 Cr51,192
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
4%₹10 Cr12,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹9 Cr61,000
1 - 10 of 42
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Fund Managers

NameSinceTenure
Sachin Relekar5 Mar 153.91 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
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
₹71.2873
↓ -0.28
10.91 %14.52 %14.38 %9.09 %
LIC MF Tax Plan
Normal Dividend, Payout
₹18.0227
↓ -0.07
10.55 %12.11 %12.37 %7.79 %
Data as on 21 Nov 19

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