LIC MF ELSS Tax Saver Direct - Growth

Q: What are the returns of LIC MF ELSS Tax Saver?

The LIC MF ELSS Tax Saver is a 12 yrs 6 m old fund and has delivered average annual returns of 15.08% since inception. LIC MF ELSS Tax Saver Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.56% 19.05% 21.45% 12.86% 15.08%

Previously called: LIC MF ELSS Direct-G

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹176.2394+0.49% 1 day change	15.08% p.a.	#NA View Ranked Funds	₹1,113 Cr

Historical NAV & returns

NAV: ₹176.2394 as on Jul 21, 2025

This fund Category average

LIC MF ELSS Tax Saver overview

Expense ratio	0.97% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹1,113 Cr
Lock-in Period	3 Years
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹500
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

LIC MF ELSS Tax Saver Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	-0.12%	-0.16%
3 Months	3.56%	6.22%
6 Months	5.82%	9.28%
1 Year	4.56%	3.96%
2 Years	18.96%	20.25%
3 Years	19.05%	20.59%
4 Years	15.47%	16.46%
5 Years	21.45%	23.6%
7 Years	14.6%	16.28%
10 Years	12.86%	14.45%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 62.14%

Mid Cap 15.33%

Small Cap 18.69%

Other Cap 0%

Top holdings

HDFC Bank Ltd.8.01%

ICICI Bank Ltd.7.85%

Shakti Pumps (India) Ltd.5.31%

Axis Bank Ltd.3.67%

Top sectors

Financial 30.07%

Capital Goods 10.25%

Consumer Staples 8.96%

Automobile 8.79%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 3.994494%

Other Holdings

Others 3.99%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF ELSS Tax Saver	N.A.	1,113 Cr	12 yrs 6 m	0.97%
Parag Parikh ELSS Tax Saver Fund	N.A.	5,294 Cr	6 yrs	0.62%
HDFC ELSS Tax Saver Fund	N.A.	16,454 Cr	12 yrs 6 m	1.05%
SBI Long Term Equity Fund	N.A.	28,506 Cr	12 yrs 6 m	0.93%
DSP ELSS Tax Saver Fund	N.A.	16,974 Cr	12 yrs 6 m	0.74%
Kotak ELSS Tax Saver Fund	N.A.	6,266 Cr	12 yrs 6 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF ELSS Tax Saver	-0.12%	5.82%	4.56%	19.05%	21.45%	12.86%
Parag Parikh ELSS Tax Saver Fund	-0.57%	8.74%	8.89%	22.23%	25.31%	13.16%
HDFC ELSS Tax Saver Fund	-0.92%	10.74%	6.09%	24.7%	26.21%	14.06%
SBI Long Term Equity Fund	0.25%	8.63%	4.54%	27.55%	27.55%	14.89%
DSP ELSS Tax Saver Fund	-0.31%	9.63%	4.58%	22.81%	25.42%	16.52%
Kotak ELSS Tax Saver Fund	-0.05%	8.38%	0.99%	20.14%	23.49%	15.16%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF ELSS Tax Saver	13.41	0.89	1.12	1.63
Parag Parikh ELSS Tax Saver Fund	9.79	0.64	1.64	2.46
HDFC ELSS Tax Saver Fund	11.92	0.83	1.6	2.57
SBI Long Term Equity Fund	13.7	0.94	1.58	2.49
DSP ELSS Tax Saver Fund	13.64	0.94	1.32	2.13
Kotak ELSS Tax Saver Fund	13.44	0.92	1.17	1.57

View all Elss funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.25 vs. 7.03 Underperformed at beating benchmark
Sharpe	1.12 vs. 7.57 Poor risk-adjusted returns
Beta	0.89 vs. 1.13 Less sensitive to market ups & downs
Standard deviation	13.41 vs. 12.46 More volatile performance

Compare LIC MF ELSS Tax Saver in detail with

About this fund

About LIC MF ELSS Tax Saver

LIC MF ELSS Tax Saver Direct - Growth is a ELSS mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. LIC MF ELSS Tax Saver Direct - Growth has ₹1,113 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF ELSS Tax Saver Direct - Growth as of 21/07/2025 is ₹176.24. The fund has an expense ratio of 0.97%, which is close to what most other Elss funds charge.

LIC MF ELSS Tax Saver Direct - Growth returns of last 1-year are 5.11%. Since launch, it has delivered 16.11% average annual returns. The fund has doubled the money invested in it every 5 yrs.
LIC MF ELSS Tax Saver Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Capital Goods, Consumer Staples, Automobile, Technology sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Shakti Pumps (India) Ltd., Axis Bank Ltd., Cholamandalam Investment and Finance Company Ltd..

...

Fund AUM	1,113 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Yogesh Patil

Mr. Patil is an MBA (Finance). Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Dikshit Mittal

Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University. Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.

Investment objective

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.

LIC Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	38,854 Cr as on Jun 30, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

More funds from LIC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
LIC MF Infrastructure Fund	N.A.	1,005 Cr	2.47%	33.98%
LIC MF Small Cap Fund	N.A.	576 Cr	1.37%	32.9%
LIC MF Dividend Yield Fund	N.A.	560 Cr	4.74%	24.85%
LIC MF Large & Mid Cap Fund	N.A.	3,055 Cr	3.41%	23.92%
LIC MF Value Fund	N.A.	165 Cr	0.77%	21.9%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the LIC MF ELSS Tax Saver - Direct Growth plan is approximately ₹176.2394 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The LIC MF ELSS Tax Saver is a 12 yrs 6 m old fund and has delivered average annual returns of 15.08% since inception.

LIC MF ELSS Tax Saver Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.56%	19.05%	21.45%	12.86%	15.08%

How much does this mutual fund charge as expense ratio?

The LIC MF ELSS Tax Saver - Direct Growth has an expense ratio of 0.97%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The LIC MF ELSS Tax Saver currently has assets under management (AUM) or fund size valued at approximately 1,113 Cr as on May 31, 2025.

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

The LIC MF ELSS Tax Saver has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	8.01%
ICICI Bank Ltd.	7.85%
Shakti Pumps (India) Ltd.	5.31%
Axis Bank Ltd.	3.67%
Cholamandalam Investment and Finance Company Ltd.	3.03%
State Bank of India	2.34%
Trent Ltd.	2.29%
Larsen & Toubro Ltd.	2.28%
Infosys Ltd.	2.13%
Reliance Industries Ltd.	1.97%

What are the top sectors LIC MF ELSS Tax Saver has invested in?

The LIC MF ELSS Tax Saver has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	30.07%
Capital Goods	10.25%
Consumer Staples	8.96%
Automobile	8.79%
Technology	8.379999999999999%
Services	6.200000000000001%
Healthcare	5.860000000000001%
Chemicals	4.12%
Consumer Discretionary	2.95%
Construction	2.51%

What is risk level of LIC MF ELSS Tax Saver?

This is a Elss fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 3 years.

How do I invest in LIC MF ELSS Tax Saver?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for LIC MF ELSS Tax Saver and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in LIC MF ELSS Tax Saver is complete.

How can I redeem my investments in LIC MF ELSS Tax Saver?

Redeeming your investments in LIC MF ELSS Tax Saver is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in LIC MF ELSS Tax Saver from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in ELSS

#NA

Return Outperformance: This fund has generated highest return amongst ELSS funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.