Should I invest in LIC MF ELSS Tax Saver?

We don't give personal investment advice. LIC MF ELSS Tax Saver-Direct Plan-IDCW is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.7%. 5-year CAGR: 8.74%.

LIC

LIC MF ELSS Tax Saver-Direct Plan-IDCW

Latest NAV

₹35.4355

As of

3 Jun 2026

3,290 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.12%	+0.12%	-0.24	49 / 76	Q3
1W	-2.22%	-1.31%	-0.90	67 / 76	Q4
2W	-0.46%	+0.08%	-0.54	40 / 76	Q3
1M	-2.79%	-0.99%	-1.81	69 / 76	Q4
3M	-2.90%	-0.23%	-2.67	56 / 76	Q3
6M	-8.33%	-4.25%	-4.07	60 / 76	Q4
YTD	-9.60%	-3.63%	-5.97	63 / 76	Q4
1Y	-6.25%	+1.70%	-7.95	68 / 76	Q4
2Y	+1.10%	+3.10%	-1.99	50 / 75	Q3
3Y	+9.42%	+10.95%	-1.53	40 / 75	Q3
4Y	+10.12%	+11.02%	-0.90	33 / 69	Q2
5Y	+8.74%	+10.65%	-1.91	52 / 65	Q4
7Y	+9.33%	+11.69%	-2.36	51 / 63	Q4
10Y	+8.58%	+10.10%	-1.52	39 / 46	Q4
Inception	+9.25%	+10.74%	-1.49	58 / 76	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-9.60%	-5.99%	-3.61	57 / 70
2025	+1.33%	+2.19%	-0.85	47 / 70
2024	+23.29%	+16.51%	+6.77	9 / 70
2023	+23.52%	+24.04%	-0.52	32 / 68
2022	-4.49%	+1.46%	-5.95	59 / 65
2021	+22.47%	+33.28%	-10.81	60 / 68
2020	+7.52%	+13.91%	-6.38	61 / 68
2019	+8.32%	+5.99%	+2.33	36 / 66
2018	-7.81%	-7.59%	-0.23	32 / 56
2017	+24.58%	+29.87%	-5.30	41 / 50
2016	+3.22%	+1.05%	+2.16	12 / 46

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+12.09%

152 windows

min -25.1% · max 60.5%

72% positive

3-Year rolling

+9.50%

128 windows

min -7.0% · max 20.7%

94% positive

5-Year rolling

+9.06%

103 windows

min -4.8% · max 19.7%

95% positive

7-Year rolling

+8.51%

79 windows

min 4.2% · max 12.5%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.86%

3-year · annualised

Sharpe ratio

0.26

vs risk-free 6.5%

Sortino ratio

0.41

Downside-only deviation

Max drawdown

-17.39%

Sep 2024 → Mar 2026

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - IDCW Option - Direct Plan	HDFC	₹88.8430	3 Jun 2026
NIPPON INDIA ELSS TAX SAVER FUND - DIRECT Plan - ANNUAL IDCW Option	Nippon India	₹21.9652	3 Jun 2026
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹113.4965	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW	ICICI Prudential	₹43.2500	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - IDCW Payout	Invesco	₹30.0200	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW	Bandhan	₹40.0710	3 Jun 2026
quant ELSS Tax Saver Fund - IDCW Option - Direct Plan	Quant	₹59.0826	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹417.8400	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout	Motilal Oswal	₹38.4424	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - IDCW	Franklin India	₹67.3238	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹35.4355
2 Jun 2026	₹35.4783
1 Jun 2026	₹35.4424
29 May 2026	₹35.7803
27 May 2026	₹36.2388
26 May 2026	₹36.2560
25 May 2026	₹36.3795
22 May 2026	₹35.8259
21 May 2026	₹35.6940
20 May 2026	₹35.5984

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of LIC MF ELSS Tax Saver-Direct Plan-IDCW is ₹35.4355. It's a ELSS from LIC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

LIC MF ELSS Tax Saver-Direct Plan-IDCW has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

LIC MF ELSS Tax Saver-Direct Plan-IDCW is managed by LIC. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LIC MF ELSS Tax Saver-Direct Plan-IDCW has delivered a absolute return of -6.25% — -7.95 pp behind the ELSS category average of 1.70%. The fund ranks #68 of 76 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, LIC MF ELSS Tax Saver-Direct Plan-IDCW has delivered a CAGR of 9.42% — -1.53 pp behind the ELSS category average of 10.95%. The fund ranks #40 of 75 in its category — the third (Q3) quartile.

Over the trailing 5-year window, LIC MF ELSS Tax Saver-Direct Plan-IDCW has delivered a CAGR of 8.74% — -1.91 pp behind the ELSS category average of 10.65%. The fund ranks #52 of 65 in its category — the bottom (Q4) quartile.

₹1 lakh invested in LIC MF ELSS Tax Saver-Direct Plan-IDCW exactly 10 years ago would be worth approximately ₹227,784 today — a multiplier of 2.28×, based on the 10-year CAGR of 8.58%. The category average over the same window would have grown ₹1 lakh to ₹261,744.

A ₹10,000 monthly SIP in LIC MF ELSS Tax Saver-Direct Plan-IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹707,736 today. That's an XIRR (money-weighted annualised return) of 6.54%.

A ₹10,000 monthly SIP for 10 years in LIC MF ELSS Tax Saver-Direct Plan-IDCW = ₹1,200,000 invested. It would currently be worth ₹1,878,016 (multiplier 1.56×). XIRR: 8.67%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, LIC MF ELSS Tax Saver-Direct Plan-IDCW ranks #52 out of 65 funds in the ELSS category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.65%; this fund delivered 8.74%.

The worst peak-to-trough decline LIC MF ELSS Tax Saver-Direct Plan-IDCW has experienced over the last 5-year window is 19.68% — its NAV fell from a high on 18 Oct 2021 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, LIC MF ELSS Tax Saver-Direct Plan-IDCW averaged 9.06% (best 19.74%, worst -4.80%). 95% of rolling windows ended positive. The 5-year Sharpe ratio is 0.21 — weak risk-adjusted performance.

In calendar year 2025, LIC MF ELSS Tax Saver-Direct Plan-IDCW returned 1.33% — lagging the ELSS category average of 2.19% by 0.85 pp. It ranked #47 of 70 in its category that year.

LIC MF ELSS Tax Saver-Direct Plan-IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. LIC MF ELSS Tax Saver-Direct Plan-IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.7%. 5-year CAGR: 8.74%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.