LIC MF Nifty Next 50 Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (17-May-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹80 Cr
Expense Ratio
0.32%
ISIN
INF397L01AW2
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 17-May-24, it has a Net Asset Value (NAV) of ₹54.26, Assets Under Management (AUM) of 80.06 Crores, and an expense ratio of 0.32%.
- LIC MF Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 16.28% since inception.
- The fund's asset allocation comprises around 99.53% in equities, 0.00% in debts, and 0.47% in cash & cash equivalents.
- You can start investing in LIC MF Nifty Next 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
+64.42%
— (Cat Avg.)
3 Years
+23.35%
— (Cat Avg.)
5 Years
+21.02%
— (Cat Avg.)
10 Years
+16.64%
— (Cat Avg.)
Since Inception
+16.28%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹79.69 Cr | 99.53% |
| Others | ₹0.37 Cr | 0.47% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Trent Ltd | Equity | ₹4.02 Cr | 5.02% |
| Bharat Electronics Ltd | Equity | ₹3.43 Cr | 4.29% |
| Tata Power Co Ltd | Equity | ₹3.11 Cr | 3.89% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.02 Cr | 3.77% |
| Power Finance Corp Ltd | Equity | ₹2.64 Cr | 3.29% |
| REC Ltd | Equity | ₹2.57 Cr | 3.21% |
| Indian Oil Corp Ltd | Equity | ₹2.54 Cr | 3.17% |
| DLF Ltd | Equity | ₹2.34 Cr | 2.93% |
| InterGlobe Aviation Ltd | Equity | ₹2.32 Cr | 2.90% |
| GAIL (India) Ltd | Equity | ₹2.32 Cr | 2.90% |
| Vedanta Ltd | Equity | ₹2.18 Cr | 2.73% |
| Siemens Ltd | Equity | ₹2.15 Cr | 2.69% |
| Bank of Baroda | Equity | ₹2.15 Cr | 2.68% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.04 Cr | 2.54% |
| TVS Motor Co Ltd | Equity | ₹1.96 Cr | 2.45% |
| Info Edge (India) Ltd | Equity | ₹1.93 Cr | 2.42% |
| Pidilite Industries Ltd | Equity | ₹1.9 Cr | 2.38% |
| Godrej Consumer Products Ltd | Equity | ₹1.89 Cr | 2.36% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.79 Cr | 2.24% |
| Punjab National Bank | Equity | ₹1.72 Cr | 2.15% |
| Havells India Ltd | Equity | ₹1.72 Cr | 2.14% |
| Canara Bank | Equity | ₹1.71 Cr | 2.14% |
| SRF Ltd | Equity | ₹1.56 Cr | 1.95% |
| Colgate-Palmolive (India) Ltd | Equity | ₹1.55 Cr | 1.93% |
| Ambuja Cements Ltd | Equity | ₹1.51 Cr | 1.89% |
| Jio Financial Services Ltd | Equity | ₹1.47 Cr | 1.84% |
| ABB India Ltd | Equity | ₹1.42 Cr | 1.78% |
| Jindal Steel & Power Ltd | Equity | ₹1.4 Cr | 1.75% |
| United Spirits Ltd | Equity | ₹1.39 Cr | 1.74% |
| Zomato Ltd | Equity | ₹1.36 Cr | 1.70% |
| Shree Cement Ltd | Equity | ₹1.34 Cr | 1.68% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹1.3 Cr | 1.62% |
| Samvardhana Motherson International Ltd | Equity | ₹1.27 Cr | 1.59% |
| Dabur India Ltd | Equity | ₹1.21 Cr | 1.52% |
| Marico Ltd | Equity | ₹1.1 Cr | 1.37% |
| Bosch Ltd | Equity | ₹1.03 Cr | 1.29% |
| Torrent Pharmaceuticals Ltd | Equity | ₹1 Cr | 1.24% |
| Zydus Lifesciences Ltd | Equity | ₹0.99 Cr | 1.23% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹0.92 Cr | 1.15% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹0.88 Cr | 1.10% |
| Varun Beverages Ltd | Equity | ₹0.86 Cr | 1.08% |
| Avenue Supermarts Ltd | Equity | ₹0.82 Cr | 1.03% |
| Adani Green Energy Ltd | Equity | ₹0.79 Cr | 0.99% |
| Adani Power Ltd | Equity | ₹0.68 Cr | 0.85% |
| Berger Paints India Ltd | Equity | ₹0.59 Cr | 0.73% |
| Bajaj Holdings and Investment Ltd | Equity | ₹0.43 Cr | 0.53% |
| Adani Energy Solutions Ltd | Equity | ₹0.39 Cr | 0.48% |
| Treps | Cash - Repurchase Agreement | ₹0.37 Cr | 0.47% |
| Indian Railway Finance Corp Ltd Ordinary Shares | Equity | ₹0.35 Cr | 0.44% |
| Adani Total Gas Ltd | Equity | ₹0.31 Cr | 0.39% |
| Life Insurance Corporation of India | Equity | ₹0.3 Cr | 0.37% |
| Net Receivables / (Payables) | Cash | ₹-0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
87.02%
Mid Cap Stocks
12.52%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹18.96 Cr | 23.68% |
| Industrials | ₹15.36 Cr | 19.19% |
| Basic Materials | ₹10.49 Cr | 13.10% |
| Consumer Cyclical | ₹9.64 Cr | 12.04% |
| Consumer Defensive | ₹8.83 Cr | 11.03% |
| Utilities | ₹7.6 Cr | 9.50% |
| Energy | ₹2.54 Cr | 3.17% |
| Real Estate | ₹2.34 Cr | 2.93% |
| Healthcare | ₹1.98 Cr | 2.48% |
| Communication Services | ₹1.93 Cr | 2.42% |
Risk & Performance Ratios
Standard Deviation
This fund
17.07%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.03
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Sumit Bhatnagar
Since October 2023
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF397L01AW2 | Expense Ratio | 0.32% | Exit Load | No Charges | Fund Size | ₹80 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Next 50 TR INR |
|---|
Investment 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹399.16 Cr | 56.7% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹399.16 Cr | 55.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹156.71 Cr | 67.9% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹400.29 Cr | 56.1% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1345.87 Cr | 35.9% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹711.53 Cr | 62.5% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹400.29 Cr | 57.0% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹156.71 Cr | 69.0% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1345.87 Cr | 36.7% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹711.53 Cr | 61.6% |
About the AMC
LIC Mutual Fund
Total AUM
₹1,137 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| LIC MF Gold ETF FOF Direct Growth High Risk | 0.3% | 1.0% | ₹53.51 Cr | 20.2% |
| LIC MF Equity Savings Fund Direct Growth Moderately High risk | 1.0% | 1.0% | ₹15.77 Cr | 17.1% |
| LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹80.06 Cr | 64.4% |
| LIC MF Focused 30 Equity Direct Growth Very High Risk | 1.6% | 1.0% | ₹132.03 Cr | 23.0% |
| LIC MF Long Term Value Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹110.03 Cr | 36.5% |
| LIC MF Healthcare Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹62.26 Cr | 51.0% |
| LIC MF Small Cap Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹223.18 Cr | 49.7% |
| LIC MF Midcap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹260.04 Cr | 53.3% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹153.08 Cr | 56.5% |
Risk Level
Your principal amount will be at Very High Risk
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- Sumit Bhatnagar
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