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  • LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q)

Formerly LIC MF Tax DR

LIC Mutual Fund

LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q)

EquityTax Saving

23.6432

NAV (Oct 21)

13%
5 Year CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

22 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

411 Cr. Medium within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Poor. The historical performance of the fund has been poor

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Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    3 Years
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    Save Tax

No single fund can achieve what a plan can. Learn why

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Historical NAV

23.6432

NAV (Oct 21)

Fund Returns

Last 1Y
52.2%
Last 3Y
18.9%
Last 5Y
13%
Last 10Y
14%
Since Inception
10.8%
6 Month CAGR
28.6%
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Scheme Information

Investment Objective

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Very High Risk

Expense Ratio
2.57
Launched (22y ago)
Feb 03, 1999
AUM in Crores
410.871
ISIN
INF767K01949
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
0
Lumpsum Min.
500
Fund Managers
user-avatar

Yogesh Patil

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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 before investing. Past performance is not an indicator of future returns.

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Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record

SBI Focused Equity Fund (G)

recommended-badge

₹ 20,371 cr

5

recommended-badge

₹ 5,357 cr

5

recommended-badge

₹ 5,218 cr

5

recommended-badge

₹ 3,953 cr

5

recommended-badge

₹ 3,346 cr

5

amc-icon

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 18,625 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.

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  • tel-amc-about
    022-66016000
  • mail-amc-about
    cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    22.2%

    11.2%

    top-ranked-badge

    5.2%

    6.5%

    top-ranked-badge

    7.7%

    7.4%

    top-ranked-badge

    4.9%

    7%

    top-ranked-badge

    20.8%

    8.1%

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q)

    About LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q)

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) is a Tax Saving Equity fund and has delivered an annualised return of 10.8% over a period of 22 years. The fund was previously known as LIC MF Tax DR . The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Yogesh Patil

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) NAV,AUM,Risk

    The LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) fund was launched on Feb 03, 1999. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-10-21 is ₹23.64. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹410.871. The category risk of the LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) fund is Very High Risk. The fund charges 2.57 % as expense ratio.

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) Holdings

    The fund’s highest allocation is towards Equity and has invested 98.1% in this asset class. The top three holdings of the fund are , icici bank ltd , infosys ltd , hdfc bank ltd , tata consultancy services ltd , avenue supermarts ltd , bajaj finance ltd , reliance industries ltd , kotak mahindra bank ltd , bharti airtel ltd , treps , hcl technologies ltd , tata consumer products ltd , hindustan unilever ltd , atul ltd , brigade enterprises ltd , titan co ltd , tata chemicals ltd , ipca laboratories ltd , indian hotels co ltd , voltas ltd , divi's laboratories ltd , aditya birla fashion and retail ltd , vinati organics ltd , hikal ltd , biocon ltd , axis bank ltd , trent ltd , asian paints ltd , info edge (india) ltd , sbi life insurance company limited , maruti suzuki india ltd , coromandel international ltd , housing development finance corp ltd , mahindra & mahindra ltd , bata india ltd , icici securities ltd , gail (india) ltd , icici lombard general insurance co ltd , cipla ltd , srf ltd , gujarat state petronet ltd , page industries ltd , city union bank ltd , nestle india ltd , icici prudential life insurance company limited , crompton greaves consumer electricals ltd , himatsingka seide ltd , state bank of india , torrent pharmaceuticals ltd , orient electric ltd ordinary shares , kansai nerolac paints ltd , net receivables / (payables) , gland pharma ltd

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) Review

    LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Tax Plan of Income Dis cum Cap Wrdl (RIDCW-Q) has a score of 3 out of 5 Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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