Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
LIC MF ELSS Tax Saver-Direct Plan-Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 52/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)9.5%
- Expense ratio (20%)1.28%
- AUM (15%)₹1,021 Cr
Not investment advice — an analytical read of public fund data. Methodology →
LIC Mutual Fund · Equity · ELSS
₹169.59
AUM: ₹1,021 Cr
NAV updated 6 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.28%
Exit Load
Nil
Fund Manager
Sachin Relekar
Inception
Jan 2013
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.56
Std Dev (1Y)
14.33%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-1.95%
3m
+1.19%
6m
+5.53%
1y
-4.94%
3y
+9.5%
5y
+9.29%
10y
+11.74%
since inception
+13.42%
TopFund's Take on LIC MF ELSS Tax Saver-Direct Plan-Growth
LIC MF ELSS Tax Saver-Direct Plan-Growth sits in the middle of the pack for ELSS funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 52/100.
Cost: At 1.28%, the expense ratio runs 21% above the ELSS category average of 1.06%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.56 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 14.33% is fairly typical for ELSS funds.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about LIC MF ELSS Tax Saver-Direct Plan-Growth
The current NAV (Net Asset Value) of LIC MF ELSS Tax Saver-Direct Plan-Growth is ₹169.59. NAV is updated every business day after market close by AMFI.
1Y: -4.94% · 3Y CAGR: 9.5% · 5Y CAGR: 9.29%
The expense ratio of LIC MF ELSS Tax Saver-Direct Plan-Growth is 1.28% per annum. This is the annual fee charged by the fund to manage your investment.
LIC MF ELSS Tax Saver-Direct Plan-Growth is managed by Sachin Relekar at LIC Mutual Fund.
LIC MF ELSS Tax Saver-Direct Plan-Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
LIC MF ELSS Tax Saver-Direct Plan-Growth is a ELSS fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in LIC MF ELSS Tax Saver-Direct Plan-Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of LIC MF ELSS Tax Saver-Direct Plan-Growth is ₹1,021 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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