LIC MF ELSS Tax Saver

Name: LIC MF ELSS Tax Saver
Brand: LIC Mutual Fund

Invest Online Fund Card

Value Research Rating

Our Opinion

Riskometer

Very High

₹135.0853

As on 19-Mar-2026

Returns

Calculate SIP Returns of LIC MF ELSS Tax Saver

Upfront Investment

Monthly SIP Amount

Investment Duration

More Details about Returns

Risk

This fund has Very High risk.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

As per SEBI's Riskometer.

More Details about Risk

Portfolio of LIC MF ELSS Tax Saver

Asset Allocation

Market Cap Weightage

We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.

Portfolio Breakdown

Peer Comparison

Fund name	Risk		Expense Ratio (%)
LIC MF ELSS Tax Saver	Very High	loading...	2.17
SBI ELSS Tax Saver Fund - Regular Plan Invest Online	Very High	loading...	1.57
Mirae Asset ELSS Tax Saver Fund - Regular Plan Invest Online	Very High	loading...	1.56
DSP ELSS Tax Saver Fund - Regular Plan	Very High	loading...	1.64
HDFC ELSS Tax Saver Fund - Regular Plan Invest Online	Very High	loading...	1.70

Detailed Comparison

Other details of LIC MF ELSS Tax Saver

Assets

₹1,045 Cr

Exit Load (Days)

Min. Investment (₹)

500

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

More Details

About LIC MF ELSS Tax Saver

LIC MF ELSS Tax Saver is a equity mutual fund scheme of LIC Mutual Fund. Launched on March 31, 1997, it is currently managed by Yogesh Patil and Dikshit Mittal. The fund has an expense ratio of 2.17% with an overall AUM (Assets Under Management) of ₹1,045 Cr.

LIC MF ELSS Tax Saver is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹500.

Investment Strategy

Earlier known as Dhan Tax Saver '97, the scheme seeks maximum capital growth with equity allocation up to 85 per cent of the corpus. Allocation to debentures and money market instruments can be up to 15 per cent each. It was made open-ended in April 2000.

Suitability

ELSS funds are suitable for investors:

Seeking tax savings u/s 80C through a diversified equity portfolio
Aiming for long-term wealth creation
With a 5+ year investment horizon
Who are at ease with the market's ups and downs

Note:

Invest only through SIP
The fund has a lock-in-period of 3 years

Capital Gains Taxation

If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Latest news on LIC MF ELSS Tax Saver

LIC Mutual Fund revises its SIP investment framework for all schemes

1 min read•By News Desk

Income distribution in two schemes of LIC Mutual Fund

1 min read•By News Desk

Change in Fund Manager for a few Schemes of LIC Mutual Fund

1 min read•By News Desk

Dividend Declaration under LIC MF ELSS Tax Saver

1 min read•By News Desk

All News

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FAQ for LIC MF ELSS Tax Saver

How to Invest in LIC MF ELSS Tax Saver?

Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of LIC MF ELSS Tax Saver through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, LIC MF ELSS Tax Saver can be bought from the LIC Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.

What is the current NAV of LIC MF ELSS Tax Saver Today?

The latest declared NAV of LIC MF ELSS Tax Saver, is ₹135.0853 as of 19-Mar-2026.

What are the top holdings of LIC MF ELSS Tax Saver?

Company	Percentage of Portfolio
ICICI Bank	7.98
HDFC Bank	7.79
Axis Bank	4.54
Shakti Pumps	3.84
SBI	3.69

What is the return of LIC MF ELSS Tax Saver in the last 5 years?

Over the past five years, LIC MF ELSS Tax Saver has delivered an annualised return of 11.70% as of 19-Mar-2026.

What is the minimum investment required in LIC MF ELSS Tax Saver?

The minimum investment required to start investing in LIC MF ELSS Tax Saver is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.