LIC MF Nifty Next 50 Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹97 Cr
Expense Ratio
0.32%
ISIN
INF397L01AW2
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹54.13, Assets Under Management (AUM) of 96.57 Crores, and an expense ratio of 0.32%.
- LIC MF Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 14.74% since inception.
- The fund's asset allocation comprises around 100.03% in equities, 0.00% in debts, and -0.03% 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
-7.43%
— (Cat Avg.)
3 Years
+23.51%
— (Cat Avg.)
5 Years
+21.96%
— (Cat Avg.)
10 Years
+13.66%
— (Cat Avg.)
Since Inception
+14.74%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹96.59 Cr | 100.03% |
| Others | ₹-0.03 Cr | -0.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| InterGlobe Aviation Ltd | Equity | ₹4.36 Cr | 4.51% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.91 Cr | 4.05% |
| Divi's Laboratories Ltd | Equity | ₹3.49 Cr | 3.62% |
| Vedanta Ltd | Equity | ₹3.09 Cr | 3.20% |
| Indian Hotels Co Ltd | Equity | ₹2.8 Cr | 2.90% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.78 Cr | 2.88% |
| TVS Motor Co Ltd | Equity | ₹2.73 Cr | 2.83% |
| Tata Power Co Ltd | Equity | ₹2.71 Cr | 2.81% |
| Britannia Industries Ltd | Equity | ₹2.7 Cr | 2.79% |
| Varun Beverages Ltd | Equity | ₹2.65 Cr | 2.74% |
| Bharat Petroleum Corp Ltd | Equity | ₹2.58 Cr | 2.68% |
| Avenue Supermarts Ltd | Equity | ₹2.44 Cr | 2.53% |
| Godrej Consumer Products Ltd | Equity | ₹2.44 Cr | 2.53% |
| Power Finance Corp Ltd | Equity | ₹2.44 Cr | 2.53% |
| Bajaj Holdings and Investment Ltd | Equity | ₹2.39 Cr | 2.47% |
| Info Edge (India) Ltd | Equity | ₹2.3 Cr | 2.38% |
| Indian Oil Corp Ltd | Equity | ₹2.18 Cr | 2.26% |
| GAIL (India) Ltd | Equity | ₹2.1 Cr | 2.18% |
| DLF Ltd | Equity | ₹2.1 Cr | 2.18% |
| REC Ltd | Equity | ₹2.08 Cr | 2.15% |
| Pidilite Industries Ltd | Equity | ₹1.99 Cr | 2.06% |
| LTIMindtree Ltd | Equity | ₹1.94 Cr | 2.01% |
| Bank of Baroda | Equity | ₹1.89 Cr | 1.96% |
| Samvardhana Motherson International Ltd | Equity | ₹1.86 Cr | 1.93% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.86 Cr | 1.92% |
| United Spirits Ltd | Equity | ₹1.85 Cr | 1.92% |
| CG Power & Industrial Solutions Ltd | Equity | ₹1.82 Cr | 1.88% |
| Adani Power Ltd | Equity | ₹1.77 Cr | 1.83% |
| Shree Cement Ltd | Equity | ₹1.64 Cr | 1.70% |
| Macrotech Developers Ltd | Equity | ₹1.64 Cr | 1.70% |
| Canara Bank | Equity | ₹1.59 Cr | 1.65% |
| Havells India Ltd | Equity | ₹1.59 Cr | 1.65% |
| Ambuja Cements Ltd | Equity | ₹1.52 Cr | 1.57% |
| Punjab National Bank | Equity | ₹1.5 Cr | 1.56% |
| Jindal Steel & Power Ltd | Equity | ₹1.5 Cr | 1.55% |
| Torrent Pharmaceuticals Ltd | Equity | ₹1.39 Cr | 1.44% |
| ABB India Ltd | Equity | ₹1.3 Cr | 1.34% |
| Adani Energy Solutions Ltd | Equity | ₹1.29 Cr | 1.33% |
| Adani Green Energy Ltd | Equity | ₹1.28 Cr | 1.33% |
| Siemens Ltd | Equity | ₹1.2 Cr | 1.24% |
| Dabur India Ltd | Equity | ₹1.18 Cr | 1.22% |
| Bosch Ltd | Equity | ₹1.13 Cr | 1.17% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹1.08 Cr | 1.12% |
| JSW Energy Ltd | Equity | ₹1.07 Cr | 1.11% |
| Indian Railway Finance Corp Ltd Ordinary Shares | Equity | ₹1.02 Cr | 1.06% |
| Zydus Lifesciences Ltd | Equity | ₹0.97 Cr | 1.00% |
| Hyundai Motor India Ltd | Equity | ₹0.93 Cr | 0.97% |
| Life Insurance Corporation of India | Equity | ₹0.87 Cr | 0.91% |
| Siemens Engy Ind | Equity | ₹0.81 Cr | 0.84% |
| Bajaj Housing Finance Ltd | Equity | ₹0.47 Cr | 0.48% |
| Swiggy Ltd | Equity | ₹0.37 Cr | 0.38% |
| Net Receivables / (Payables) | Cash | ₹-0.23 Cr | 0.23% |
| Treps | Cash - Repurchase Agreement | ₹0.2 Cr | 0.21% |
Allocation By Market Cap (Equity)
Large Cap Stocks
89.47%
Mid Cap Stocks
9.72%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹19.97 Cr | 20.68% |
| Industrials | ₹14.17 Cr | 14.67% |
| Consumer Defensive | ₹13.26 Cr | 13.73% |
| Utilities | ₹10.22 Cr | 10.59% |
| Consumer Cyclical | ₹9.82 Cr | 10.17% |
| Basic Materials | ₹9.74 Cr | 10.08% |
| Healthcare | ₹5.85 Cr | 6.05% |
| Energy | ₹4.77 Cr | 4.94% |
| Real Estate | ₹3.74 Cr | 3.88% |
| Communication Services | ₹2.3 Cr | 2.38% |
| Technology | ₹1.94 Cr | 2.01% |
Risk & Performance Ratios
Standard Deviation
This fund
19.45%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.70
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 31st May 2025
ISIN | INF397L01AW2 | Expense Ratio | 0.32% | Exit Load | No Charges | Fund Size | ₹97 Cr | Age | 12 years 5 months | 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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  |
|---|---|---|---|---|
| Motilal Oswal Nifty PSE ETF Very High Risk | - | - | - | - |
| Groww Nifty 500 Low Volatility 50 ETF Very High Risk | - | - | - | - |
| Nippon India BSE Sensex Next 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| Nippon India BSE Sensex Next 30 Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| Motilal Oswal BSE India Infrastructure ETF Very High Risk | - | - | ₹5.21 Cr | - |
| Nippon India BSE Sensex Next 30 ETF Very High Risk | - | - | - | - |
| ICICI Prudential Nifty200 Quality 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| ICICI Prudential Nifty200 Quality 30 Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| Motilal Oswal Nifty Next 50 ETF Very High Risk | - | - | ₹2.78 Cr | - |
| SBI NIFTY 200 Quality 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
About the AMC
LIC Mutual Fund
Total AUM
₹2,271 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 | 0.2% | 1.0% | ₹148.89 Cr | 37.7% |
| LIC MF Equity Savings Fund Direct Growth Moderate Risk | 1.3% | 1.0% | ₹21.56 Cr | 9.6% |
| LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹96.57 Cr | -7.4% |
| LIC MF Focused 30 Equity Direct Growth Very High Risk | 1.6% | 1.0% | ₹140.33 Cr | 7.0% |
| LIC MF Long Term Value Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹164.56 Cr | 0.1% |
| LIC MF Healthcare Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹84.19 Cr | 15.4% |
| LIC MF Small Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹575.56 Cr | -1.9% |
| LIC MF Midcap Fund Direct Growth Very High Risk | 1.3% | 1.0% | ₹334.51 Cr | 2.7% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹559.85 Cr | 6.2% |
Risk Level
Your principal amount will be at Very High Risk
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- Sumit Bhatnagar
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