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Fund Overview

Fund Size

Fund Size

₹316 Cr

Expense Ratio

Expense Ratio

0.20%

ISIN

ISIN

INF767K01FF2

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

LIC MF Nifty 50 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 11 years, 6 months and 19 days, having been launched on 01-Jan-13.
As of 19-Jul-24, it has a Net Asset Value (NAV) of ₹144.69, Assets Under Management (AUM) of 315.82 Crores, and an expense ratio of 0.2%.
  • LIC MF Nifty 50 Index Fund Direct Growth has given a CAGR return of 13.61% since inception.
  • The fund's asset allocation comprises around 99.56% in equities, 0.00% in debts, and 0.44% in cash & cash equivalents.
  • You can start investing in LIC MF Nifty 50 Index Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+24.73%

(Cat Avg.)

3 Years

+16.92%

(Cat Avg.)

5 Years

+17.35%

(Cat Avg.)

10 Years

+12.90%

(Cat Avg.)

Since Inception

+13.61%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity314.42 Cr99.56%
Others1.4 Cr0.44%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity37.66 Cr11.93%
Reliance Industries LtdEquity30.91 Cr9.79%
ICICI Bank LtdEquity25.24 Cr7.99%
Infosys LtdEquity16.78 Cr5.31%
Larsen & Toubro LtdEquity12.34 Cr3.91%
Tata Consultancy Services LtdEquity11.75 Cr3.72%
ITC LtdEquity11.66 Cr3.69%
Bharti Airtel LtdEquity11.59 Cr3.67%
Axis Bank LtdEquity10.77 Cr3.41%
State Bank of IndiaEquity9.5 Cr3.01%
Mahindra & Mahindra LtdEquity8.33 Cr2.64%
Kotak Mahindra Bank LtdEquity7.93 Cr2.51%
Hindustan Unilever LtdEquity6.51 Cr2.06%
Bajaj Finance LtdEquity5.88 Cr1.86%
NTPC LtdEquity5.25 Cr1.66%
Tata Motors LtdEquity5.09 Cr1.61%
Sun Pharmaceuticals Industries LtdEquity4.85 Cr1.54%
Maruti Suzuki India LtdEquity4.74 Cr1.50%
HCL Technologies LtdEquity4.63 Cr1.47%
Power Grid Corp Of India LtdEquity4.43 Cr1.40%
Tata Steel LtdEquity4.21 Cr1.33%
Titan Co LtdEquity4.19 Cr1.33%
UltraTech Cement LtdEquity4.03 Cr1.28%
Asian Paints LtdEquity3.86 Cr1.22%
Adani Ports & Special Economic Zone LtdEquity3.24 Cr1.03%
Coal India LtdEquity3.17 Cr1.00%
Bajaj Auto LtdEquity3.14 Cr0.99%
Oil & Natural Gas Corp LtdEquity3.09 Cr0.98%
Hindalco Industries LtdEquity2.97 Cr0.94%
Grasim Industries LtdEquity2.94 Cr0.93%
IndusInd Bank LtdEquity2.92 Cr0.93%
Tech Mahindra LtdEquity2.7 Cr0.85%
Nestle India LtdEquity2.67 Cr0.85%
JSW Steel LtdEquity2.65 Cr0.84%
Bajaj Finserv LtdEquity2.55 Cr0.81%
Adani Enterprises LtdEquity2.47 Cr0.78%
Shriram Finance LtdEquity2.42 Cr0.77%
Cipla LtdEquity2.31 Cr0.73%
Dr Reddy's Laboratories LtdEquity2.26 Cr0.72%
Wipro LtdEquity2.16 Cr0.68%
Hero MotoCorp LtdEquity2.13 Cr0.67%
Tata Consumer Products LtdEquity2.04 Cr0.65%
SBI Life Insurance Company LimitedEquity1.97 Cr0.62%
Britannia Industries LtdEquity1.91 Cr0.61%
Eicher Motors LtdEquity1.91 Cr0.60%
HDFC Life Insurance Company LimitedEquity1.85 Cr0.59%
Apollo Hospitals Enterprise LtdEquity1.85 Cr0.58%
Bharat Petroleum Corp LtdEquity1.77 Cr0.56%
Divi's Laboratories LtdEquity1.71 Cr0.54%
LTIMindtree LtdEquity1.46 Cr0.46%
Net Receivables / (Payables)Cash0.99 Cr0.31%
TrepsCash - Repurchase Agreement0.41 Cr0.13%

Allocation By Market Cap (Equity)

Large Cap Stocks

98.88%

Mid Cap Stocks

0.67%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services108.69 Cr34.42%
Energy41.41 Cr13.11%
Technology39.48 Cr12.50%
Consumer Cyclical29.53 Cr9.35%
Consumer Defensive24.8 Cr7.85%
Basic Materials20.67 Cr6.54%
Industrials15.58 Cr4.93%
Healthcare12.98 Cr4.11%
Communication Services11.59 Cr3.67%
Utilities9.68 Cr3.07%

Risk & Performance Ratios

Standard Deviation

This fund

12.86%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

0.80

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

SB

Sumit Bhatnagar

Since October 2023

Additional Scheme Detailsas of 30th June 2024

ISIN
INF767K01FF2
Expense Ratio
0.20%
Exit Load
No Charges
Fund Size
₹316 Cr
Age
01 Jan 2013
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹494.41 Cr51.2%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹494.41 Cr50.2%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹264.53 Cr59.4%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹517.61 Cr50.5%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1558.99 Cr35.0%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹876.68 Cr55.4%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹517.61 Cr51.4%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹264.53 Cr60.3%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1558.99 Cr35.7%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹876.68 Cr54.5%

About the AMC

Total AUM

₹30,884 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹3000.98 Cr47.7%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹543.31 Cr27.3%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹169.08 Cr7.6%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹1185.49 Cr33.5%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹70.31 Cr8.0%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1408.33 Cr7.3%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1514.67 Cr29.1%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1428.43 Cr7.4%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹83.43 Cr21.2%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹315.82 Cr24.7%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹430.21 Cr81.9%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹11189.69 Cr7.4%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1152.41 Cr33.9%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹98.59 Cr7.6%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹253.59 Cr8.1%
LIC MF Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹881.51 Cr16.3%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹51.13 Cr10.0%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹303.28 Cr16.9%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹25.21 Cr6.8%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹970.15 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1185.49 Cr48.4%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹161.02 Cr7.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF Nifty 50 Index Fund Direct Growth, as of 19-Jul-2024, is ₹144.69.
The fund has generated 24.73% over the last 1 year and 16.92% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.56% in equities, 0.00% in bonds, and 0.44% in cash and cash equivalents.
The fund managers responsible for LIC MF Nifty 50 Index Fund Direct Growth are:-
  1. Sumit Bhatnagar