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-IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 47/100 · Weak
How this score is calculated
- Star rating (35%)1/5
- 3Y CAGR (30%)8.89%
- Expense ratio (20%)1.07%
- AUM (15%)₹1,005 Cr
Not investment advice — an analytical read of public fund data. Methodology →
LIC Mutual Fund · Hybrid · Multi Asset Allocation
₹12.54
AUM: ₹1,004 Cr
NAV updated 7 days ago
Plan
Direct
Option
Idcw
Risk
High
Expense Ratio
1.07%
Exit Load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
Fund Manager
Sumit Bhatnagar
Inception
Feb 2025
Sharpe Ratio
-0.57
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
-0.71%
3m
+1.59%
6m
+5.89%
1y
+6.63%
3y
+8.89%
5y
+6.99%
10y
+8.0%
since inception
+9.49%
TopFund's Take on LIC MF ELSS Tax Saver-Direct Plan-IDCW
LIC MF ELSS Tax Saver-Direct Plan-IDCW lags behind most of its peers in the Multi Asset Allocation category, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 47/100.
Cost: At 1.07%, the expense ratio runs 73% above the Multi Asset Allocation category average of 0.62%. 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 -0.57 — 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 Multi Asset Allocation funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. 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
Similar Funds
WhiteOak Capital Multi Asset Allocation Fund Direct Plan Growth
WhiteOak Capital Mutual Fund
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
Quant Mutual Fund
Mahindra Manulife Multi Asset Allocation Fund- Direct Plan - Growth
Mahindra Manulife Mutual Fund
ICICI Prudential Multicap Fund - Direct Plan - Growth
ICICI Prudential Mutual Fund
Zerodha Multi Asset Passive FoF - Direct - Growth
Zerodha Mutual Fund
Kotak Multi Asset Allocation Fund - Direct Plan - Growth Option
Kotak Mahindra Mutual Fund
Tools & Guides for This Fund
Frequently Asked Questions about LIC MF ELSS Tax Saver-Direct Plan-IDCW
The current NAV (Net Asset Value) of LIC MF ELSS Tax Saver-Direct Plan-IDCW is ₹12.54. NAV is updated every business day after market close by AMFI.
1Y: 6.63% · 3Y CAGR: 8.89% · 5Y CAGR: 6.99%
The expense ratio of LIC MF ELSS Tax Saver-Direct Plan-IDCW is 1.07% per annum. This is the annual fee charged by the fund to manage your investment.
LIC MF ELSS Tax Saver-Direct Plan-IDCW is managed by Sumit Bhatnagar at LIC Mutual Fund.
LIC MF ELSS Tax Saver-Direct Plan-IDCW is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, LIC MF ELSS Tax Saver-Direct Plan-IDCW is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in LIC MF ELSS Tax Saver-Direct Plan-IDCW 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-IDCW is ₹1,005 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.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.