Primarily market-linked growth exposure
To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. An open-ended equity linked tax saving Scheme which offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. There is no assurance that the investment objective of the Scheme will be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and equity related instruments:80-100%, Money market instruments and Other Liquid Instruments, Mutual Fund Units:0-20%. Please refer the Scheme Information Document for complete details.
- SEBI category
- ELSS Tax Saver Fund
- Fund type
- An open-ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance
- Primary benchmark
- Nifty 500 TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM1 Mr. Sumit Bhatnagar, FM -2- Mr. Nikhil Kapoor
- Manager tenure on this scheme
- Since FM 1 Managing since7th April 2026, FM -2- Managing since 1st July 2026
- Role / co-management
- FM -1- Fund Manager, FM -2- Fund Manager
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| LIC MF ELSS Tax Saver Fund - Direct Plan - Growth | ₹171.4431 | 04 Sep 2026 |
| LIC MF ELSS Tax Saver Fund - Direct Plan - IDCW | ₹37.8562 | 04 Sep 2026 |
| LIC MF ELSS Tax Saver Fund - Regular Plan - Growth | ₹148.2006 | 04 Sep 2026 |
| LIC MF ELSS Tax Saver Fund - Regular Plan - IDCW | ₹31.0248 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.24%, Direct 1.06%
- Exit load
- Nil (Subject to lock-in period of 3 years)
- Minimum application
- 500 · multiples of 500
- SIP frequency
- SIP Details - Daily, Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
- Minimum SIP amount
- SIP Details - 100, 500,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500
- Minimum instalments
- "SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12"
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.