Previously Known As : Lic Mf Tax Plan
Lic Mf Elss Tax Saver Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 31
Rating
Growth Option 13-03-2026
NAV ₹136.09(R) -2.54% ₹156.56(D) -2.54%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -1.87% 12.95% 10.4% 11.15% 12.23%
Direct -0.71% 14.28% 11.69% 12.45% 13.53%
Nifty 500 TRI 7.03% 15.05% 12.45% 13.56% 14.3%
SIP (XIRR) Regular -17.38% 1.69% 6.89% 10.07% 10.5%
Direct -16.36% 2.99% 8.2% 11.43% 11.83%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.73 0.37 0.61 -1.23% -0.47
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.39% -16.22% -15.05% 0.88 8.78%
Fund AUM As on: 30/12/2025 1103 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI ELSS Tax Saver Fund 1
DSP ELSS Tax Saver Fund 2
HDFC ELSS Tax Saver 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
Mirae Asset ELSS Tax Saver Fund 5
HSBC Elss Tax Saver Fund 6
Nippon India ELSS Tax Saver Fund 7
Tata ELSS Fund 8

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
LIC MF ELSS Tax Saver-Regular Plan-IDCW 28.49
-0.7400
-2.5400%
LIC MF ELSS Tax Saver-Direct Plan-IDCW 34.57
-0.9000
-2.5400%
LIC MF ELSS Tax Saver-Regular Plan-Growth 136.09
-3.5500
-2.5400%
LIC MF ELSS Tax Saver-Direct Plan-Growth 156.56
-4.0700
-2.5400%

Review Date: 13-03-2026

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, LIC MF ELSS Tax Saver is the 24th ranked fund. The category has total 35 funds. The LIC MF ELSS Tax Saver has shown a poor past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -1.23% which is lower than the category average of -1.0%, reflecting poor performance. The fund has a Sharpe Ratio of 0.73 which is lower than the category average of 0.8.
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 LIC MF ELSS Tax Saver has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -10.19%, -11.7 and -10.98 in last one, three and six months respectively. In the same period the category average return was -8.23%, -9.81% and -8.42% respectively.
  • LIC MF ELSS Tax Saver has given a return of -0.71% in last one year. In the same period the Nifty 500 TRI return was 7.03%. The fund has given 7.74% less return than the benchmark return.
  • The fund has given a return of 14.28% in last three years and rank 26th out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 15.05%. The fund has given 0.77% less return than the benchmark return.
  • LIC MF ELSS Tax Saver has given a return of 11.69% in last five years and category average returns is 13.18% in same period. The fund ranked 24th out of thirty two funds in the category. In the same period the Nifty 500 TRI return was 12.45%. The fund has given 0.76% less return than the benchmark return.
  • The fund has given a return of 13.53% in last ten years and ranked 20th out of twenty seven funds in the category. In the same period the Nifty 500 TRI return was 14.3%. The fund has given 0.77% less return than the benchmark return.
  • The fund has given a SIP return of -16.36% in last one year whereas category average SIP return is -11.02%. The fund one year return rank in the category is 41st in 42 funds
  • The fund has SIP return of 2.99% in last three years and ranks 32nd in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (9.05%) in the category in last three years.
  • The fund has SIP return of 8.2% in last five years whereas category average SIP return is 9.96%.

LIC MF ELSS Tax Saver Risk Analysis

  • The fund has a standard deviation of 12.39 and semi deviation of 8.78. The category average standard deviation is 12.95 and semi deviation is 9.5.
  • The fund has a Value at Risk (VaR) of -16.22 and a maximum drawdown of -15.05. The category average VaR is -16.62 and the maximum drawdown is -17.56. The fund has a beta of 0.82 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

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -10.27 -8.21
    -8.32
    		-10.27 | -5.71 41 | 41 Poor
    3M Return % -11.96 -9.72
    -10.07
    		-13.81 | -4.81 36 | 41 Poor
    6M Return % -11.49 -7.62
    -8.96
    		-15.09 | -4.98 33 | 41 Average
    1Y Return % -1.87 7.03
    4.60
    		-1.87 | 9.79 41 | 41 Poor
    3Y Return % 12.95 15.05
    14.08
    		4.62 | 20.76 28 | 38 Average
    5Y Return % 10.40 12.45
    11.92
    		7.13 | 17.21 24 | 32 Average
    7Y Return % 11.15 13.56
    13.00
    		8.75 | 20.86 23 | 30 Average
    10Y Return % 12.23 14.30
    13.79
    		10.68 | 19.80 20 | 26 Average
    15Y Return % 10.94 12.36
    12.97
    		10.94 | 14.95 19 | 19 Poor
    1Y SIP Return % -17.38
    -12.11
    		-20.64 | -5.69 38 | 41 Poor
    3Y SIP Return % 1.69
    3.66
    		-6.30 | 7.95 32 | 38 Poor
    5Y SIP Return % 6.89
    8.69
    		3.93 | 14.35 25 | 32 Poor
    7Y SIP Return % 10.07
    12.38
    		7.33 | 18.44 24 | 30 Average
    10Y SIP Return % 10.50
    12.56
    		8.91 | 18.37 22 | 26 Poor
    15Y SIP Return % 11.34
    13.29
    		11.16 | 18.06 18 | 20 Poor
    Standard Deviation 12.39
    12.95
    		9.59 | 19.13 17 | 38 Good
    Semi Deviation 8.78
    9.50
    		6.93 | 14.90 14 | 38 Good
    Max Drawdown % -15.05
    -17.56
    		-28.24 | -9.56 10 | 38 Very Good
    VaR 1 Y % -16.22
    -16.62
    		-24.68 | -10.33 18 | 38 Good
    Average Drawdown % -4.92
    -5.73
    		-10.61 | -3.44 13 | 38 Good
    Sharpe Ratio 0.73
    0.80
    		0.06 | 1.35 25 | 38 Average
    Sterling Ratio 0.61
    0.61
    		0.18 | 0.94 17 | 38 Good
    Sortino Ratio 0.37
    0.40
    		0.06 | 0.76 23 | 38 Average
    Jensen Alpha % -1.23
    -1.00
    		-12.52 | 5.83 24 | 37 Average
    Treynor Ratio -0.47
    -0.43
    		-0.60 | -0.31 31 | 37 Poor
    Modigliani Square Measure % 15.48
    16.41
    		6.57 | 23.81 25 | 37 Average
    Alpha % -3.34
    -1.29
    		-10.64 | 7.62 28 | 37 Average
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -10.19 -8.21 -8.23 -10.19 | -5.66 42 | 42 Poor
    3M Return % -11.70 -9.72 -9.81 -13.57 | -4.54 37 | 42 Poor
    6M Return % -10.98 -7.62 -8.42 -14.61 | -4.21 36 | 42 Poor
    1Y Return % -0.71 7.03 5.85 -0.71 | 11.15 42 | 42 Poor
    3Y Return % 14.28 15.05 15.32 6.13 | 22.20 26 | 38 Average
    5Y Return % 11.69 12.45 13.18 7.96 | 18.83 24 | 32 Average
    7Y Return % 12.45 13.56 14.25 9.65 | 22.65 22 | 30 Average
    10Y Return % 13.53 14.30 14.90 11.78 | 21.12 20 | 27 Average
    1Y SIP Return % -16.36 -11.02 -19.68 | -4.51 41 | 42 Poor
    3Y SIP Return % 2.99 4.85 -4.87 | 9.05 32 | 38 Poor
    5Y SIP Return % 8.20 9.96 5.76 | 15.15 23 | 32 Average
    7Y SIP Return % 11.43 13.68 9.29 | 20.24 23 | 30 Average
    10Y SIP Return % 11.83 13.69 9.84 | 19.97 22 | 27 Poor
    Standard Deviation 12.39 12.95 9.59 | 19.13 17 | 38 Good
    Semi Deviation 8.78 9.50 6.93 | 14.90 14 | 38 Good
    Max Drawdown % -15.05 -17.56 -28.24 | -9.56 10 | 38 Very Good
    VaR 1 Y % -16.22 -16.62 -24.68 | -10.33 18 | 38 Good
    Average Drawdown % -4.92 -5.73 -10.61 | -3.44 13 | 38 Good
    Sharpe Ratio 0.73 0.80 0.06 | 1.35 25 | 38 Average
    Sterling Ratio 0.61 0.61 0.18 | 0.94 17 | 38 Good
    Sortino Ratio 0.37 0.40 0.06 | 0.76 23 | 38 Average
    Jensen Alpha % -1.23 -1.00 -12.52 | 5.83 24 | 37 Average
    Treynor Ratio -0.47 -0.43 -0.60 | -0.31 31 | 37 Poor
    Modigliani Square Measure % 15.48 16.41 6.57 | 23.81 25 | 37 Average
    Alpha % -3.34 -1.29 -10.64 | 7.62 28 | 37 Average
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    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
    13-03-2026 136.0928 156.5576
    12-03-2026 139.6384 160.6311
    11-03-2026 141.0345 162.2319
    10-03-2026 142.686 164.1263
    09-03-2026 140.8744 162.0372
    06-03-2026 143.9119 165.515
    05-03-2026 145.3543 167.1686
    04-03-2026 143.7075 165.2692
    02-03-2026 146.2414 168.1725
    27-02-2026 148.1812 170.3867
    26-02-2026 150.0065 172.48
    25-02-2026 149.9567 172.4172
    24-02-2026 149.4959 171.8818
    23-02-2026 150.9283 173.5231
    20-02-2026 150.1554 172.6178
    19-02-2026 150.0177 172.454
    18-02-2026 152.2679 175.0351
    17-02-2026 152.0978 174.8339
    16-02-2026 151.6818 174.3501
    13-02-2026 151.672 174.322

    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.