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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹500

AUM (Fund size)

₹915 Cr

Lock In Period

3 Years

Expense Ratio

2.24

Benchmark

NIfty 500 Total Return

Exit Load

Nil

Summary

Latest details for LIC MF ELSS Tax Saver Fund Growth include a ₹142.0991 NAV as of Apr 30,2026 and returns since inception of 44.03%. Minimum investments start at SIP ₹500. The LIC MF ELSS Tax Saver Fund Growth AUM is ₹915 Cr, with a lock-in of 3 Years years, expense ratio of 2.24%, and benchmark NIfty 500 Total Return. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 7.39% returns, against a category average of 2.25% and a category best of 15.53%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M7.392.2515.53
6M-8.271.6420.20
1Y-2.775.5936.07
3Y12.9316.04104.00

Portfolio Analysis

  • Equity: 97.28%
  • Debt: 2.71%
  • Others
As on: 2026-03-31
View allocation % by

1. ICICI Bank Ltd.7.97%
2. HDFC Bank Ltd.7.33%
3. Axis Bank Ltd.4.35%
4. Kotak Mahindra Bank Ltd.0.84%

1. Infosys Ltd.2.02%
2. Tata Consultancy Services Ltd.1.53%
3. HCL Technologies Ltd.1.47%
4. LTIMindtree Ltd.0.91%
5. Tata Elxsi Ltd.0.56%

1. Torrent Pharmaceuticals Ltd.1.61%
2. Mankind Pharma Ltd.1.06%
3. Cipla Ltd.1.00%
4. Abbott India Ltd.0.84%
5. Neuland Laboratories Ltd.0.66%
6. Piramal Pharma Ltd.0.52%

1. Mahindra & Mahindra Ltd.2.10%
2. Maruti Suzuki India Ltd.1.92%

1. Shakti Pumps (India) Ltd.3.91%

1. SRF Ltd.1.91%
2. Navin Fluorine International Ltd.1.57%

1. State Bank of India3.43%

1. Eicher Motors Ltd.2.43%
2. TVS Motor Company Ltd.0.73%

1. Cholamandalam Investment & Fin Co Ltd.3.12%

1. Grasim Industries Ltd.2.25%
2. Ultratech Cement Ltd.0.68%

1. Larsen & Toubro Ltd.2.64%

1. Kirloskar Oil Engines Ltd.2.56%

1. Reliance Industries Ltd.2.27%
2. Bharat Petroleum Corporation Ltd.0.27%

1. Bharat Forge Ltd.2.44%

1. Blue Star Ltd.2.31%

1. CCL Products (India) Ltd.2.23%

1. Hindustan Unilever Ltd.1.38%
2. Procter & Gamble Hygiene&HealthCare Ltd.0.80%

1. Power Finance Corporation Ltd.1.13%
2. REC Ltd.0.93%

1. Apollo Hospitals Enterprise Ltd.1.01%
2. Dr Agarwal's Health Care Ltd.0.87%

1. PI Industries Ltd.1.61%

1. Trent Ltd.1.57%

1. Eternal Ltd.1.54%

1. Bajaj Finserv Ltd.1.48%

1. Coromandel International Ltd.1.39%

1. Eureka Forbes Ltd.1.37%

1. VARUN BEVERAGES LIMITED1.36%

1. ITC Ltd.1.29%

1. EIH Ltd.1.22%

1. Affle 3i Ltd.1.18%

1. Schaeffler India Ltd.1.12%

1. JK Tyre & Industries Ltd.1.08%

1. Metro Brands Ltd.1.03%

About Fund

LIC MF ELSS Tax Saver Fund Growth managed by LIC Mutual Fund,is a Tax Saving (ELSS) Fundsscheme with Assets Under Management of ₹915 Crore. The fund benchmarks its performance against the NIfty 500 Total Return while maintaining an expense ratio of 2.24. Under the expert guidance of Sumit Bhatnagar ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Sumit Bhatnagar

Mr. Sumit Bhatnagar holds an MBA (Investment Management) from the University of Toronto, Canada and is also a CFA (USA). He has over 10 years of experience in Banking & Capital Markets. Earlier, he worked with SEBI for five years in Investment Management Department, handing critical policy matters pertaining to mutual funds and contributed extensively in various high powered committees of SEBI.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundUTI ELSS Tax Saver Fund Growth13174.58 CR1.91
This FundParag Parikh ELSS Tax Saver Fund Growth35260.64 CR1.73
This FundLIC MF ELSS Tax Saver Fund Growth1914.75 CR2.24
This FundMotilal Oswal ELSS Tax Saver Fund Growth43968.68 CR1.84
Fund Name1Y3Y
This FundUTI ELSS Tax Saver Fund Growth-0.034442.024
This FundParag Parikh ELSS Tax Saver Fund Growth-3.432343.7752
This FundLIC MF ELSS Tax Saver Fund Growth-2.774544.034
This FundMotilal Oswal ELSS Tax Saver Fund Growth14.796396.858

FAQs

LIC MF ELSS Tax Saver Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of LIC MF ELSS Tax Saver Fund Growth is 2.24. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

LIC MF ELSS Tax Saver Fund Growth’s fund performance is as follows:
  • 1 Month : 7.39%
  • 6 Months : -8.27%
  • 1 Year : -2.77%
  • 3 Years : 12.93%
Returns of LIC MF ELSS Tax Saver Fund Growth are updated daily based on NAV of ₹ 142.0991 as on Apr 30,2026. Since inception, the return has been 44.03%.

You can invest in LIC MF ELSS Tax Saver Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of LIC MF ELSS Tax Saver Fund Growth is ₹915 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in LIC MF ELSS Tax Saver Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500