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Fincash » Mutual Funds » LIC MF Tax Plan

LIC MF Tax Plan - G

NAV  ₹100.279 ↓ -1.12  (-1.11 %) as on 19 Aug 22

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 10.6% since its launch.  Ranked 35 in ELSS category.  Return for 2021 was 26.2% , 2020 was 8.9% and 2019 was 11.9% .

Below is the key information for LIC MF Tax Plan

NAV as on 19 Aug 22₹100.279 ↓ -1.12  (-1.11 %)
Net Assets (AUM) as on 30 Jun 2022 ₹371 Cr.
Launch Date3 Feb 1999
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio-2.21
Expense Ratio2.21 %
Sharpe Ratio-0.356
Information Ratio-0.62
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 19 Aug 22

DurationReturns
1 Month 7.6%
3 Month 13.1%
6 Month 2.7%
1 Year 5.4%
3 Year 15.5%
5 Year 11.3%
10 Year
15 Year
Since launch 10.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 26.2%
2020 8.9%
2019 11.9%
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%

Growth of 10k Over Years

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,933
31 Jul 19₹10,717
31 Jul 20₹10,332
31 Jul 21₹15,179
31 Jul 22₹16,163
LIC MF Tax Plan Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.23%
Equity97.77%
LIC MF Tax Plan Asset Allocation

Sector Allocation

SectorValue
Financial Services32.93%
Technology15.15%
Consumer Cyclical14.35%
Consumer Defensive7.98%
Basic Materials7.23%
Health Care6.31%
Energy4.75%
Communication Services4.02%
Real Estate2.15%
Utility1.35%
Industrials0.92%
LIC MF Tax Plan Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
Banks - Regional9%₹35 Cr494,671
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
Information Technology Services8%₹30 Cr203,312
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
Banks - Regional7%₹25 Cr188,700
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
Information Technology Services5%₹18 Cr55,715
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 20 | RELIANCE
Oil & Gas Refining & Marketing4%₹16 Cr61,367
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
Discount Stores3%₹12 Cr35,520
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
Telecom Services3%₹12 Cr169,475
↑ 10,325
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
Credit Services3%₹11 Cr19,611
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
Banks - Regional3%₹10 Cr59,760
Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jan 15 | 532929
Real Estate - Development2%₹8 Cr179,200
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Fund Managers

NameSinceTenure
Amit Nadekar6 Jun 220.15 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Limited
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
₹100.279
↓ -1.12
2.66 %5.36 %15.54 %11.26 %
LIC MF Tax Plan
Normal Dividend, Payout
₹22.3942
↓ -0.25
2.66 %5.36 %15.42 %10.05 %
Data as on 19 Aug 22

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