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

Formerly LIC MF Tax DR

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

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

EquityTax Saving

21.1604

NAV (Jul 29)

11.4%
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

369 Cr. Medium within the category

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

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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
  • graph-icon-gray
    Recommended Duration > 5 years
  • graph-icon-gray
    3 Years
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    Save Tax

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

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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

risk-indicator-arrow.svg

Very High Risk

Expense Ratio
2.56 %
Launched (22y ago)
Feb 03, 1999
AUM in Crores
₹ 369
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%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 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

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HDFC Index Nifty 50 fund (G)

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Kotak Bluechip fund (G)

Kotak Bluechip fund (G)

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About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 15,593 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
  • LIC MF Large Cap Fund (G)

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    Fund Size

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    5 Year CAGR

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    LIC MF Index Sensex fund (G)

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    LIC MF Savings Fund (G)

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    ₹ 1,243 Cr

    Fund Size

    5.40%

    3 Year CAGR

    3 Y CAGR

    LIC MF Large & Mid Cap fund (G)

    LIC MF Large & Mid Cap fund (G)

    Diversified

    Top Ranked

    ₹ 1,206 Cr

    Fund Size

    15.20%

    5 Year CAGR

    5 Y CAGR

    LIC MF Liquid Fund (G)

    LIC MF Liquid Fund (G)

    Liquid

    Top Ranked

    ₹ 7,257 Cr

    Fund Size

    5.30%

    3 Year CAGR

    3 Y CAGR

    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)

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    Equity

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    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    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

    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 10.3% 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 as of 2021-07-29 is ₹ 21.1604. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 368.269. 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 2.56 % 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 96.7% in this asset class. The top three holdings of the fund are infosys ltd,icici bank ltd and hdfc bank ltd

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

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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 4 out of 5 based on consistency of performance over various years / tenures.

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