LIC MF ELSS Tax Saver Direct Growth

LIC MF ELSS Tax Saver Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Sachin Relekar is the Current Fund Manager of LIC MF ELSS Tax Saver Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹31,112 Cr and the Latest NAV as of 24 May 2024 is ₹154.86. The LIC MF ELSS Tax Saver Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

Earlier known as Dhan Tax Saver '97, the scheme seeks maximum capital growth with equity allocation up to 85 per cent of the corpus. Allocation to debentures and money market instruments can be up to 15 per cent each. It was made open-ended in April 2000. ;