Previously Known As : Lic Mf Tax Plan
Lic Mf Elss Tax Saver Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 8
Rating
Growth Option 02-04-2025
NAV ₹145.37(R) +0.88% ₹165.39(D) +0.88%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 13.19% 12.84% 22.27% 12.6% -%
Direct 14.6% 14.12% 23.73% 13.91% -%
Nifty 500 TRI 4.38% 12.51% 26.15% 14.25% 12.9%
SIP (XIRR) Regular -0.29% 15.63% 16.54% 15.0% 13.62%
Direct 0.95% 17.01% 17.94% 16.33% 14.91%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.38 0.2 0.49 1.13% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.9% -18.01% -15.05% 0.88 9.77%

NAV Date: 02-04-2025

Scheme Name NAV Rupee Change Percent Change
LIC MF ELSS Tax Saver-Regular Plan-IDCW 30.43
0.2600
0.8800%
LIC MF ELSS Tax Saver-Direct Plan-IDCW 36.53
0.3200
0.8800%
LIC MF ELSS Tax Saver-Regular Plan-Growth 145.37
1.2600
0.8800%
LIC MF ELSS Tax Saver-Direct Plan-Growth 165.39
1.4400
0.8800%

Review Date: 02-04-2025

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, LIC MF ELSS Tax Saver is the 8th ranked fund. The category has total 34 funds. The 4 star rating shows a very good past performance of the LIC MF ELSS Tax Saver in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 1.13% which is lower than the category average of 1.47%, showing poor performance. The fund has a Sharpe Ratio of 0.38 which is lower than the category average of 0.45.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

LIC MF ELSS Tax Saver Return Analysis

  • The fund has given a return of 7.51%, -7.23 and -7.02 in last one, three and six months respectively. In the same period the category average return was 6.71%, -8.23% and -10.07% respectively.
  • LIC MF ELSS Tax Saver has given a return of 14.6% in last one year. In the same period the Nifty 500 TRI return was 4.38%. The fund has given 10.22% more return than the benchmark return.
  • The fund has given a return of 14.12% in last three years and rank 16th out of 35 funds in the category. In the same period the Nifty 500 TRI return was 12.51%. The fund has given 1.61% more return than the benchmark return.
  • LIC MF ELSS Tax Saver has given a return of 23.73% in last five years and category average returns is 26.55% in same period. The fund ranked 28th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 26.15%. The fund has given 2.42% less return than the benchmark return.
  • The fund has given a SIP return of 0.95% in last one year whereas category average SIP return is -6.11%. The fund one year return rank in the category is 3rd in 41 funds
  • The fund has SIP return of 17.01% in last three years and ranks 12th in 35 funds. Sbi Long Term Equity Fund has given the highest SIP return (23.71%) in the category in last three years.
  • The fund has SIP return of 17.94% in last five years whereas category average SIP return is 18.23%.

LIC MF ELSS Tax Saver Risk Analysis

The fund has a standard deviation of 13.9 and semi deviation of 9.77. The category average standard deviation is 14.2 and semi deviation is 10.17. The fund has a Value at Risk (VaR) of -18.01 and a maximum drawdown of -15.05. The category average VaR is -18.56 and the maximum drawdown is -17.46. The fund has a beta of 0.88 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Lic Mf Elss Tax Saver NAV Regular Growth Lic Mf Elss Tax Saver NAV Direct Growth
    02-04-2025 145.3741 165.3859
    01-04-2025 144.112 163.9448
    28-03-2025 145.8753 165.9294
    27-03-2025 146.6503 166.8055
    26-03-2025 145.2662 165.2258
    25-03-2025 146.3505 166.4537
    24-03-2025 146.7827 166.94
    21-03-2025 146.0131 166.0487
    20-03-2025 144.5887 164.4234
    19-03-2025 143.6144 163.3103
    18-03-2025 142.5459 162.09
    17-03-2025 139.5592 158.6887
    13-03-2025 138.6884 157.6782
    12-03-2025 138.6484 157.6276
    11-03-2025 138.6169 157.5868
    10-03-2025 138.8239 157.817
    07-03-2025 139.8159 158.9294
    06-03-2025 139.5372 158.6075
    05-03-2025 138.1286 157.0012
    04-03-2025 136.0535 154.6377
    03-03-2025 135.3532 153.8368

    Fund Launch Date: 11/Jan/1997
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To provide capital growth along with tax rebate and tax relief to our investors through prudent investments inthe stock markets. However, there is no assurance that the investment objective of the Schemes will berealized.
    Fund Description: An open ended equity linkedsaving scheme with a statutory lock in of 3 yearsand tax benefit.
    Fund Benchmark: Nifty 500 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.