LIC MF ELSS – Direct Growth

Equity · ELSS
 · ★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
1.29 %
Expense Ratio
★★
Rating
952
Fund Size (in Cr)
12 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 10.9% 21.3% 11.4% 15.4%
Category Average 9.7% 22.7% 12.5% -

Scheme Allocation

By Holding
By Sector
By Asset
8.03%
7.98%
4.61%
4.25%
Others
71.57%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 8.03%
ICICI Bank Banks Equity 7.98%
Axis Bank Banks Equity 4.61%
A B B Capital Goods - Electrical Equipment Equity 4.25%
Cholaman.Inv.&Fn Finance Equity 3.56%
Infosys IT - Software Equity 3.54%
St Bk of India Banks Equity 2.91%
P I Industries Agro Chemicals Equity 2.41%
Reliance Industr Refineries Equity 2.09%
Larsen & Toubro Infrastructure Developers & Operators Equity 2%
SRF Chemicals Equity 1.81%
Polycab India Cables Equity 1.78%
Titan Company Diamond, Gems and Jewellery Equity 1.66%
Maruti Suzuki Automobile Equity 1.57%
Trent Retail Equity 1.55%
Eicher Motors Automobile Equity 1.51%
ITC Tobacco Products Equity 1.4%
Indian Hotels Co Hotels & Restaurants Equity 1.37%
HCL Technologies IT - Software Equity 1.37%
KPIT Technologi. IT - Software Equity 1.35%
Bharat Forge Castings, Forgings & Fastners Equity 1.32%
UltraTech Cem. Cement Equity 1.3%
Page Industries Readymade Garments/ Apparells Equity 1.24%
Nestle India FMCG Equity 1.24%
Century Plyboard Miscellaneous Equity 1.23%
Mphasis IT - Software Equity 1.16%
Craftsman Auto Auto Ancillaries Equity 1.13%
Bajaj Finance Finance Equity 1.12%
M & M Automobile Equity 1.09%
Bajaj Finserv Finance Equity 1.07%
Cera Sanitary. Ceramic Products Equity 1.04%
Metro Brands Retail Equity 1.04%
Thermax Capital Goods-Non Electrical Equipment Equity 1.02%
Varun Beverages FMCG Equity 1.01%
Blue Star Consumer Durables Equity 0.98%
Hind. Unilever FMCG Equity 0.97%
Grasim Inds Textiles Equity 0.97%
Kotak Mah. Bank Banks Equity 0.93%
Navin Fluo.Intl. Chemicals Equity 0.91%
LTIMindtree IT - Software Equity 0.9%
Schaeffler India Bearings Equity 0.88%
Asian Paints Paints/Varnish Equity 0.87%
Mrs Bectors FMCG Equity 0.87%
Supreme Inds. Plastic products Equity 0.83%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.81%
Safari Inds. Plastic products Equity 0.78%
Abbott India Pharmaceuticals Equity 0.76%
Cipla Pharmaceuticals Equity 0.74%
Coromandel Inter Fertilizers Equity 0.73%
Shree Cement Cement Equity 0.69%
ZF Commercial Auto Ancillaries Equity 0.69%
CCL Products Plantation & Plantation Products Equity 0.67%
AIA Engineering Castings, Forgings & Fastners Equity 0.65%
Tata Steel Steel Equity 0.63%
Timken India Bearings Equity 0.6%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 0.6%
Bharti Airtel Telecomm-Service Equity 0.59%
Voltas Consumer Durables Equity 0.54%
Honeywell Auto Electronics Equity 0.53%
Crompton Gr. Con Consumer Durables Equity 0.51%
IndusInd Bank Banks Equity 0.5%
Avenue Super. Retail Equity 0.47%
Coforge IT - Software Equity 0.47%
Blue Dart Expres Logistics Equity 0.45%
B P C L Refineries Equity 0.4%
Tata Elxsi IT - Software Equity 0.38%
KSB Capital Goods-Non Electrical Equipment Equity 0.38%
Apollo Hospitals Healthcare Equity 0.31%
Dreamfolks Servi Miscellaneous Equity 0.28%
NCC Construction Equity 0.27%
Astral Plastic products Equity 0.26%
Equitas Sma. Fin Banks Equity 0.25%
Jio Financial Finance Equity 0.21%
Dalmia BharatLtd Cement Equity 0.21%
Tube Investments Auto Ancillaries Equity 0.2%
Banks
25.21%
IT-Software
9.17%
Consumer Durables
8.65%
Industrial Products
7.23%
Finance
5.96%
Others
43.78%
View all Sectors
Sectors Asset
Banks 25.21%
IT-Software 9.17%
Consumer Durables 8.65%
Industrial Products 7.23%
Finance 5.96%
Electrical Equipments 5.27%
Automobiles 4.17%
Cement & Cement Products 3.17%
Fertilisers & Agrochemica 3.14%
Auto Components 2.9%
Chemicals & Petrochemical 2.72%
Debt 2.62%
Petroleum Products 2.49%
Diversified FMCG 2.37%
Construction 2.27%
Food Products 2.11%
Retailing 2.02%
Pharmaceuticals & Biotech 1.5%
Leisure Services 1.37%
Textiles & Apparels 1.24%
Beverages 1.01%
Agricultural Food & other 0.67%
Ferrous Metals 0.63%
Telecom-Services 0.59%
Industrial Manufacturing 0.53%
Transport Services 0.45%
Healthcare Services 0.31%
Transport Infrastructure 0.28%
Cash & Others 0.02%
Equity
97.43%
Reverse Repos
2.62%
Net Curr Ass/Net Receivables
0.02%

Advance Ratio

0.03
Alpha
3.99
SD
0.91
Beta
0.42
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The scheme aims is to provide capital growth to the investor along with tax rebate and tax relief to investors through prudent investments in the stock markets

Fund Managers

Amit Nadekar

Mr Nadekar did M.Com, CA and MMS – Finance and has the experience of working at Alchemy Capital Management Pvt. Ltd., Apar Research, Raymond Limited, and First Global Securities.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
18,553 Cr
Address:
4th Floor, Industrial Insurance Buildg, Opp.Churchgate Station Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

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Frequently Asked Questions

How to invest in LIC MF ELSS – Direct Growth ?

You can invest in LIC MF ELSS – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF ELSS – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of LIC MF ELSS – Direct Growth ?

The NAV of LIC MF ELSS – Direct Growth is ₹123.8 as of 18 August 2023.

How to redeem LIC MF ELSS – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of LIC MF ELSS – Direct Growth?

The minimum SIP amount of LIC MF ELSS – Direct Growth is ₹500

What are the top sectors LIC MF ELSS – Direct Growth has invested in?

The top sectors LIC MF ELSS – Direct Growth has invested in are
  1. Banks - 25.21%
  2. IT-Software - 9.17%
  3. Consumer Durables - 8.65%
  4. Industrial Products - 7.23%
  5. Finance - 5.96%

Can I make investments in both the SIP and Lump Sum schemes of LIC MF ELSS – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of LIC MF ELSS – Direct Growth based on your investment objective and risk tolerance.

How much returns have LIC MF ELSS – Direct Growth generated ?

The LIC MF ELSS – Direct Growth has delivered 15.4% since inception

What is the expense ratio of LIC MF ELSS – Direct Growth ?

The expense ratio of LIC MF ELSS – Direct Growth is 1.29 % as of 18 August 2023.

What is the AUM of LIC MF ELSS – Direct Growth?

The AUM of LIC MF ELSS – Direct Growth is ₹18,553 Cr as of 18 August 2023

What are the top stock holdings of LIC MF ELSS – Direct Growth?

The top stock holdings of LIC MF ELSS – Direct Growth are
  1. HDFC Bank - 8.03%
  2. ICICI Bank - 7.98%
  3. Axis Bank - 4.61%
  4. A B B - 4.25%
  5. Cholaman.Inv.&Fn - 3.56%

How can I redeem my investments in LIC MF ELSS – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF ELSS – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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