LIC MF ELSS Tax Saver - Regular Plan - IDCW - IDCW Payout

LIC MF ELSS Tax Saver - Regular Plan - IDCW - IDCW Payout is a scheme launched by LIC Nomura Mutual Fund on December 29, 2003, and falls under the ELSS fund category. It currently manages an AUM of Rs 1,053.61 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 2.13% for managing the portfolio.

• Investing Strategy:

  To provide capital growth along with tax rebate and tax relief to the investors through prudent investments in stock market.

• Performance:

  LIC MF ELSS Tax Saver - Regular Plan - IDCW - IDCW Payout trailing returns over different times are -8.52% (1 year), 10.27% (3 year) and 7.6% (5 year). The average annual return of this fund stands at -14.01%.