LIC MF ELSS Tax Saver
The fund is heavily tilted toward financial services, with banks and finance representing over 30% of the portfolio, positioning it to benefit from India's credit cycle strength. The manager recently trimmed IT and pharma exposure while adding Persistent Systems, signaling a shift away from cyclical tech toward domestic growth drivers. The modest 1.3% monthly return reflects a defensive posture, with 5.3% cash suggesting the manager is selectively deploying capital rather than fully invested.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹162.3293 | -1.79% | — | — | — |
| Regular Growth | ₹140.8290 | -1.88% | -7.20% | +10.91% | +11.49% |
| Direct IDCW | ₹35.8450 | -1.79% | — | — | — |
| Regular IDCW | ₹29.4816 | -1.88% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Persistent Systems Ltd. | 0.97% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 7.68% |
| 2 | HDFC Bank Ltd. INE040A01034 | 7.12% |
| 3 | Treps | 5.41% |
| 4 | Axis Bank Ltd. INE238A01034 | 4.37% |
| 5 | State Bank of India INE062A01020 | 3.45% |
| 6 | Cholamandalam Investment & Fin Co Ltd. INE121A01024 | 3.32% |
| 7 | Shakti Pumps (India) Ltd. INE908D01010 | 3.27% |
| 8 | Kirloskar Oil Engines Ltd. INE146L01010 | 3.01% |
| 9 | Larsen & Toubro Ltd. INE018A01030 | 2.78% |
| 10 | Eicher Motors Ltd. INE066A01021 | 2.41% |
| 11 | Blue Star Ltd. INE472A01039 | 2.35% |
| 12 | Grasim Industries Ltd. INE047A01021 | 2.26% |
| 13 | Reliance Industries Ltd. INE002A01018 | 2.22% |
| 14 | CCL Products (India) Ltd. INE421D01022 | 2.14% |
| 15 | Mahindra & Mahindra Ltd. INE101A01026 | 2.03% |
| 16 | Maruti Suzuki India Ltd. INE585B01010 | 1.91% |
| 17 | Trent Ltd. INE849A01020 | 1.82% |
| 18 | SRF Ltd. INE647A01010 | 1.81% |
| 19 | Torrent Pharmaceuticals Ltd. INE685A01028 | 1.77% |
| 20 | Infosys Ltd. INE009A01021 | 1.76% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does LIC MF ELSS Tax Saver hold?
LIC MF ELSS Tax Saver holds 53 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.94% of NAV.
What is the largest holding in LIC MF ELSS Tax Saver?
The largest position in LIC MF ELSS Tax Saver is ICICI Bank Ltd., accounting for 7.68% of NAV in the Banks sector.
Is LIC MF ELSS Tax Saver a concentrated or diversified fund?
With a Gini coefficient of 0.350, LIC MF ELSS Tax Saver is well-diversified. The HHI concentration index is 27,090 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.94% of the portfolio.
What is the market cap allocation of LIC MF ELSS Tax Saver?
Based on SEBI's AMFI classification, LIC MF ELSS Tax Saver's equity portfolio is split as: Large Cap: 58.76%, Mid Cap: 15.01%, Small Cap: 20.12%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does LIC MF ELSS Tax Saver invest in most?
LIC MF ELSS Tax Saver has the highest allocation to Banks (23.46%), Automobiles (7.75%), Finance (7.00%). The fund is invested across 23 sectors in total.
How actively managed is LIC MF ELSS Tax Saver compared to other ELSS - Tax Saver Fund funds?
LIC MF ELSS Tax Saver has an Active Share of 60.24%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in LIC MF ELSS Tax Saver's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, LIC MF ELSS Tax Saver added 1 new stock (including Persistent Systems Ltd.) and exited 5 stocks (including HCL Technologies Ltd.). Total holding count decreased from 59 to 55 stocks.