LIC MF ELSS Tax Saver

Q: What are the returns of this mutual fund scheme?

The LIC MF ELSS Tax Saver is a 29 yrs 1 m old fund and has delivered average annual returns of 9.82% since inception. LIC MF ELSS Tax Saver Returns 1-Year 3-Year 5-Year 10-Year Since Inception 0.55% 15.0% 12.55% 13.27% 9.82%

Q: How much does this mutual fund charge as expense ratio?

The LIC MF ELSS Tax Saver has an expense ratio of 2.17% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹147.3112-0.91% 1 day change	9.82% p.a.	App exclusive #NA View Ranked Funds	₹1,097 Cr

Historical NAV & returns

NAV: ₹147.3112 as on Feb 02, 2026

This fund Category average

LIC MF ELSS Tax Saver overview

AUM (Fund size)	₹1,097 Cr
Exit load	0%
Lock-in Period	3 Years
Age	29 yrs 1 m since Jan 01, 1997
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	2.17% as on Feb 02, 2026
Plan type	Regular
Risk	Very High
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.44%	-5.09%
3 Months	-5.31%	-5.29%
6 Months	-2.89%	-1.99%
1 Year	0.55%	4.27%
2 Years	10.11%	7.05%
3 Years	15.0%	14.55%
4 Years	9.96%	10.59%
5 Years	12.55%	13.27%
7 Years	12.88%	13.3%
10 Years	13.27%	12.91%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 64.08%

Mid Cap 13.36%

Small Cap 20.87%

Other Cap 0%

Top holdings

HDFC Bank Ltd.8.28%

ICICI Bank Ltd.7.4%

Shakti Pumps (India) Ltd.5.13%

Axis Bank Ltd.3.96%

Top sectors

Financial 30.740000000000002%

Automobile 10.28%

Consumer Staples 8.959999999999999%

Technology 8.370000000000001%

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 1.86639626%

Other Holdings

Others 1.87%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF ELSS Tax Saver	-5.44%	-2.89%	0.55%	15.0%	12.55%	13.27%
SBI ELSS Tax Saver Fund	-4.03%	1.2%	7.03%	22.96%	19.07%	15.9%
HDFC ELSS Tax Saver Fund	-3.92%	1.12%	9.5%	20.39%	19.23%	15.65%
Parag Parikh ELSS Tax Saver Fund	-4.08%	-2.6%	2.31%	14.99%	16.37%	11.86%
DSP ELSS Tax Saver Fund	-3.89%	2.46%	9.72%	19.42%	17.14%	16.87%
Franklin India ELSS Tax Saver Fund	-4.69%	-1.98%	3.8%	17.3%	15.72%	13.93%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF ELSS Tax Saver	12.16	0.87	0.75	1.06
SBI ELSS Tax Saver Fund	12.9	0.96	1.24	1.95
HDFC ELSS Tax Saver Fund	10.97	0.83	1.24	2.04
Parag Parikh ELSS Tax Saver Fund	9.45	0.69	0.95	1.49
DSP ELSS Tax Saver Fund	12.91	0.97	1.0	1.81
Franklin India ELSS Tax Saver Fund	12.32	0.94	0.91	1.34

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF ELSS Tax Saver	N.A.	1,097 Cr	29 yrs 1 m	2.17%
SBI ELSS Tax Saver Fund	N.A.	32,609 Cr	18 yrs 8 m	1.57%
HDFC ELSS Tax Saver Fund	N.A.	17,163 Cr	30 yrs 1 m	1.7%
Parag Parikh ELSS Tax Saver Fund	N.A.	5,915 Cr	6 yrs 6 m	1.72%
DSP ELSS Tax Saver Fund	N.A.	17,609 Cr	19 yrs 2 m	1.64%
Franklin India ELSS Tax Saver Fund	N.A.	6,693 Cr	26 yrs 9 m	1.83%

View all Elss funds

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

Alpha	0.49 vs. 6.46 Underperformed at beating benchmark
Sharpe	0.75 vs. 5.08 Poor risk-adjusted returns
Beta	0.87 vs. 0.97 Less sensitive to market ups & downs
Standard deviation	12.16 vs. 12.69 More stable returns

Compare LIC MF ELSS Tax Saver in detail with

About this fund

About LIC MF ELSS Tax Saver

LIC MF ELSS Tax Saver is a ELSS mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 29 yrs 1 m, having been launched on 01/01/1997. LIC MF ELSS Tax Saver has ₹1,097 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF ELSS Tax Saver as of 02/02/2026 is ₹147.31. The fund has an expense ratio of 2.17%, which is higher than what most other Elss funds charge.

LIC MF ELSS Tax Saver returns of last 1-year are 0.92%. Since launch, it has delivered 10.16% average annual returns. The fund has doubled the money invested in it every 6 yrs.
LIC MF ELSS Tax Saver 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, Automobile, Consumer Staples, Technology, Capital Goods sectors. It has taken less exposure in Financial, Automobile 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	1,097 Cr as on Dec 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	32 view all schemes
Total AUM	44,894 Cr as on Dec 31, 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.	1,003 Cr	8.81%	23.34%
LIC MF Small Cap Fund	N.A.	619 Cr	-7.84%	19.38%
LIC MF Dividend Yield Fund	N.A.	689 Cr	5.05%	16.22%
LIC MF Midcap Fund	N.A.	346 Cr	0.48%	15.17%
LIC MF Large & Mid Cap Fund	N.A.	3,116 Cr	3.98%	14.54%
LIC MF Value Fund	N.A.	199 Cr	-0.3%	13.44%

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 plan is approximately ₹147.3112 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The LIC MF ELSS Tax Saver is a 29 yrs 1 m old fund and has delivered average annual returns of 9.82% since inception.

LIC MF ELSS Tax Saver Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
0.55%	15.0%	12.55%	13.27%	9.82%

How much does this mutual fund charge as expense ratio?

The LIC MF ELSS Tax Saver has an expense ratio of 2.17%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 1,097 Cr as on Dec 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.	8.28%
ICICI Bank Ltd.	7.4%
Shakti Pumps (India) Ltd.	5.13%
Axis Bank Ltd.	3.96%
Cholamandalam Investment and Finance Company Ltd.	3.27%
State Bank of India	2.87%
Larsen & Toubro Ltd.	2.57%
Eicher Motors Ltd.	2.25%
Reliance Industries Ltd.	2.21%
Mahindra & Mahindra Ltd.	2.2%

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	30.740000000000002%
Automobile	10.28%
Consumer Staples	8.959999999999999%
Technology	8.370000000000001%
Capital Goods	8.03%
Healthcare	7.0%
Chemicals	6.2299999999999995%
Services	5.83%
Consumer Discretionary	3.2199999999999998%
Materials	2.69%

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

Redeeming your investments in the LIC MF ELSS Tax Saver is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

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.