LIC MF Tax Plan (Growth)
Formerly LIC Nomura MF Tax GrReturns (3yrs)
3.67 %Latest NAV
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Fund Information
LIC Mutual Fund Asset Management Limited
- Launch Date: 02/03/1999
- www.licnomuramf.com
- +91 22 22812038
To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. However,there is no assurance that the investment objective of the Schemes will be realized.
Fund Managers
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Sachin Relekar
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Expense Ratio2.53
BenchmarkIISL Nifty 500 TR INR
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AUM₹ 255.27 Crores
ISININF767K01956
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Category Risk:
Moderately High risk
Holding Information
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Transaction
Minimum SIP Amount
₹ 500Minimum Lumpsum Amount
₹ 500Lumpsum Multiple
₹ 500SIP Multiple
₹ 500About the Fund
LIC MF Tax Plan Growth is a Tax Saving Equity fund and has delivered an annualised return of 3.67% over a period of 3 years. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers names are Sachin Relekar. To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. However,there is no assurance that the investment objective of the Schemes will be realized. The fund charges 2.53000%. The minimum SIP amount for this is ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500.Disclaimer: Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund company before taking any Investment action based on this information.
Tax Saver Plan
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12-14%Returns
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3 Years lock-in
