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LIC MF Tax Plan (Growth)

Formerly LIC Nomura MF Tax Gr
Returns (3yrs)
3.67 %
Latest NAV
63.96

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Tax Saver Plan
Better than Insurance, FD

Fund Information

as on 14th of August, 08:59 AM

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

  • profile-pic
    Sachin Relekar
  • expense-ratio
    Expense Ratio
    2.53
    benchmark
    Benchmark
    IISL Nifty 500 TR INR
  • Aum image
    AUM
    ₹ 255.27 Crores
    ISIN
    ISIN
    INF767K01956
  • Category Risk:

    Moderately High risk

Holding Information

as on 14th of August, 08:59 AM

Top Holding

Treps
10%
Infosys Ltd
8%
Hdfc Bank Ltd
8%
Bajaj Finance Ltd
6%
Icici Bank Ltd
5%

Top Sectors

Financial Services
25%
Technology
13%
Consumer Defensive
12%
Consumer Cyclical
11%
Healthcare
9%

Allocation

Equity
90%
Others
10%
Debt
0%

Investment Return Calculator

as on 14th of August, 08:59 AM
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Annualized %
  • Savings Bank
  • Fixed Deposit
  • Gold
  • Property
  • PPF
  • EPF
  • Mutual Fund(Equity)

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

as on 14th of August, 08:59 AM
Minimum SIP Amount
500
Minimum Lumpsum Amount
500
Lumpsum Multiple
500
SIP Multiple
500

About 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.