Equity
●
ELSS
Current NAV
₹151.61
Expense Ratio
2.18%
Min SIP
₹500
Fund Size
₹1082Cr
Min Investment
₹500
Lock In
NA
Scheme Information Document
Exit load: Nil
Alpha
0.03%
Beta
0.84
Sharpe Ratio
0.21012
Risk
15.32%
Above numbers are based upon past 3 years
Would have become
₹1,49,748.59
(-5.16)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
Yogesh Patil
LIC MF ELSS Tax SaverTotal assets under management
₹35.38L Crores
Date of incorporation
20 Apr 1994
Ans.
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Ans. The LIC MF ELSS Tax Saver has an AUM of ₹1081.57 Cr as on 1/1/1. The scheme has delivered CAGR returns for the past 3 years against a category average of 17.68%. The risk is Very High against the category average of 62.99.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Ans. There is no lock-in period applicable on LIC MF ELSS Tax Saver.
Ans. The expense ratio of LIC MF ELSS Tax Saver is 2.18%.