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Fincash » Mutual Funds » LIC MF Tax Plan

LIC MF Tax Plan - G

NAV  ₹74.6627 ↓ 0.47   (0.64 %) as on 24 Jan 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 10.5% 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 24 Jan 20₹74.6627 ↓ 0.47   (0.64 %)
Net Assets (AUM) as on 31 Dec 2019 ₹263 Cr.
Launch Date3 Feb 1999
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio3.18
Expense Ratio2.62 %
Sharpe Ratio0.702
Information Ratio0.26
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 24 Jan 20

DurationReturns
1 Month 2.3%
3 Month 7.8%
6 Month 16.4%
1 Year 17.3%
3 Year 13.9%
5 Year 8%
10 Year
15 Year
Since launch 10.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 11.9%
2017 -1.1%
2016 37.3%
2015 3.3%
2014 -3%
2013 49.1%
2012 8.2%
2011 26.3%
2010 -26.2%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹9,699
31 Dec 16₹10,015
31 Dec 17₹13,749
31 Dec 18₹13,598
31 Dec 19₹15,211
LIC MF Tax Plan Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash5.76%
Equity94.24%
LIC MF Tax Plan Asset Allocation

Sector Allocation

SectorValue
Financial Services41.26%
Consumer Cyclical14.45%
Technology9.9%
Basic Materials9.7%
Consumer Defensive7.12%
Energy3.7%
Real Estate2.3%
Industrials2.2%
Health Care1.86%
Communication Services1.75%
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%₹20 Cr156,190
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
6%₹16 Cr318,000
Treps
CBLO/Reverse Repo | -
6%₹15 Cr
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
6%₹14 Cr35,200
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
5%₹13 Cr190,156
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
5%₹12 Cr58,900
City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB
5%₹12 Cr518,285
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
4%₹11 Cr12,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹9 Cr61,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
4%₹9 Cr51,192
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Fund Managers

NameSinceTenure
Sachin Relekar5 Mar 154.74 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
₹74.6627
↑ 0.47
16.39 %17.26 %13.89 %8.04 %
LIC MF Tax Plan
Normal Dividend, Payout
₹18.6204
↑ 0.12
16.02 %16.46 %11.83 %6.84 %
Data as on 24 Jan 20

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