LIC Mutual Fund

LIC MF Tax Plan

By Rajendra

Apr 28, 2023

Scheme Analysis

Category 

ELSS

Inception

Mar 31, 1997

Benchmark

Nifty 500

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AUM  - 405 Cr

Fund Manager

Amit Nadekar

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LIC MF Tax Plan

Top 5 Holding

ICICI Bank

HDFC Bank

Axis Bank

Infosys

Mahindra & Mahindra

7.87

7.07

5.24

5.12

3.38

Total  -  28.68

Identify companies from the universe with strong competitive position in a good business and having quality management.

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Bank

Consumer Durable

IT

Top 5 Sector

21.21

10.22

8.89

8.63

7.73

Automobile

Industrial Product

 Following bottom up approach to stock selection and looking at intrinsic value.

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Investment Strategy

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Scheme Performance

Exit Load

Upto 1 Year - 1.00%

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As on  3  Apr. 2023

1 Year

3 Year

5 Year

Period

Returns

-3.43%

23.02%

8.72%

LIC Tax Plan

 Focus on fundamental driven investment.

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Investment Strategy

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SIP Performance

Exit Load

upto 12 month - 1%

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As on 3 Apr. 2023

1 Year

3 Year

5 Year

Period

Value

11,866

41,985

76,842

Returns

-2.05%

10.22%

9.81%

Monthly SIP of 1,000

LIC Tax Plan