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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹143.6144 0.75%
As on 19-Mar-2025
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
LIC MF ELSS Tax Saver
|
|
|
Very High
|
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2.18 |
|
 |
|
Very High
|
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1.60 |
||
 |
|
Very High
|
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1.65 |
||
|
|
Very High
|
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1.67 |
||
|
|
Very High
|
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1.68 |
₹1,007 Cr
--
500
500
1,000
12
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
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Capital Gains Taxation
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
1 min read•By News Desk
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.
Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF ELSS Tax Saver fund can be purchased from the website of LIC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of LIC MF ELSS Tax Saver is ₹143.6144 as of 20-Mar-2025.
The AUM of LIC MF ELSS Tax Saver Fund is ₹1,007 Cr as of 28-Feb-2025
The riskometer level of LIC MF ELSS Tax Saver is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
8.14
|
|
|
7.88
|
|
|
5.96
|
|
|
3.44
|
|
|
3.33
|
As of 28-Feb-2025, LIC MF ELSS Tax Saver had invested 96.45% in Equity and 3.55% in Cash & Cash Eq. See More
LIC MF ELSS Tax Saver is 27 years 12 months old. It has delivered 10.39% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
17.43%
|
13.74%
|
21.13%
|
12.21%
|
10.47%
|
10.39%
|
Yes, There is lock in period in LIC MF ELSS Tax Saver.
The expense ratio of LIC MF ELSS Tax Saver is 2.18.
