LIC Mutual Fund

LIC MF Tax Plan

By Rajendra

Nov 12, 2022

Scheme Analysis

Category 

ELSS

Inception

Mar 31, 1997

Benchmark

Nifty 500

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AUM  - 421 Cr

Fund Manager

Amit Nadekar

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LIC MF Tax Plan

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

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ICICI Bank

Infosys

HDFC Bank

Axis Bank

Bajaj Finance

9.47

6.31

5.24

4.40

3.88

Total 29.30

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

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Investment Strategy

Bank

IT

Finance

Top 5 Sector

21.42

9.74

7.87

7.47

7.00

Chemical

Retailing

 Focus on fundamental driven investment.

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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 31 Oct,  2022

1 Year

3 Year

5 Year

Period

Returns

0.91%

12.83%

10.44%

Exit Load

upto 1 year - 1%

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As on 31 Oct. 2022

12,540

46,415

84,204

8.45%

17.22%

13.52%

Monthly SIP of 1,000