LIC MF Nifty Next 50 Index Fund – Direct Growth

Other · Index
 · 
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.32 %
Expense Ratio
Rating
56
Fund Size (in Cr)
12 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 0.5% 16.7% 8.3% 12.9%
Category Average 0.8% 17.4% 8.6% -

Scheme Allocation

By Holding
By Sector
By Asset
Others
83.41%
View all Holdings
Holdings Sector Instrument Asset
Bharat Electron Electronics Equity 3.73%
Cholaman.Inv.&Fn Finance Equity 3.56%
Pidilite Inds. Chemicals Equity 3.18%
Godrej Consumer FMCG Equity 3.12%
Bank of Baroda Banks Equity 3%
Info Edg.(India) E-Commerce/App based Aggregator Equity 2.83%
Siemens Capital Goods - Electrical Equipment Equity 2.82%
ICICI Lombard Insurance Equity 2.82%
I O C L Refineries Equity 2.74%
Ambuja Cements Cement Equity 2.71%
Tata Power Co. Power Generation & Distribution Equity 2.7%
Dabur India FMCG Equity 2.67%
Havells India Consumer Durables Equity 2.66%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 2.64%
Shree Cement Cement Equity 2.56%
DLF Realty Equity 2.56%
GAIL (India) Gas Distribution Equity 2.56%
SRF Chemicals Equity 2.51%
Vedanta Mining & Mineral products Equity 2.45%
United Spirits Alcoholic Beverages Equity 2.35%
P I Industries Agro Chemicals Equity 2.31%
Marico FMCG Equity 2.31%
Interglobe Aviat Air Transport Service Equity 2.25%
Colgate-Palmoliv FMCG Equity 2.16%
SBI Cards Finance Equity 2%
A B B Capital Goods - Electrical Equipment Equity 1.92%
Jindal Steel Steel Equity 1.89%
Canara Bank Banks Equity 1.84%
Page Industries Readymade Garments/ Apparells Equity 1.81%
ICICI Pru Life Insurance Equity 1.81%
Avenue Super. Retail Equity 1.62%
HDFC AMC Finance Equity 1.61%
Samvardh. Mothe. Auto Ancillaries Equity 1.59%
I R C T C Railways Equity 1.56%
Torrent Pharma. Pharmaceuticals Equity 1.47%
ACC Cement Equity 1.31%
Adani Green Power Generation & Distribution Equity 1.31%
Bosch Auto Ancillaries Equity 1.3%
Berger Paints Paints/Varnish Equity 1.27%
Muthoot Finance Finance Equity 1.18%
Varun Beverages FMCG Equity 1.17%
Bajaj Holdings Finance Equity 1.13%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.05%
Indus Towers Telecomm Equipment & Infra Services Equity 0.88%
FSN E-Commerce E-Commerce/App based Aggregator Equity 0.68%
Adani Transmissi Power Generation & Distribution Equity 0.66%
Adani Total Gas Gas Distribution Equity 0.63%
P & G Hygiene FMCG Equity 0.45%
Life Insurance Insurance Equity 0.37%
Adani Wilmar Edible Oil Equity 0.19%
Personal Products
8.4%
Finance
7.87%
Cement & Cement Products
6.58%
Aerospace & Defense
6.37%
Retailing
6.18%
Others
64.6%
View all Sectors
Sectors Asset
Personal Products 8.4%
Finance 7.87%
Cement & Cement Products 6.58%
Aerospace & Defense 6.37%
Retailing 6.18%
Chemicals & Petrochemical 5.69%
Insurance 5%
Banks 4.84%
Electrical Equipments 4.74%
Power 4.67%
Consumer Durables 3.93%
Beverages 3.52%
Gas 3.19%
Auto Components 2.89%
Petroleum Products 2.74%
Realty 2.56%
Agricultural Food & other 2.5%
Diversified Metals 2.45%
Fertilisers & Agrochemica 2.31%
Transport Services 2.25%
Debt 1.96%
Ferrous Metals 1.89%
Textiles & Apparels 1.81%
Capital Markets 1.61%
Leisure Services 1.56%
Pharmaceuticals & Biotech 1.47%
Telecom-Services 0.88%
Cash & Others 0.16%
Equity
97.9%
Reverse Repos
1.96%
Net Curr Ass/Net Receivables
0.16%

Advance Ratio

-0.05
Alpha
4.84
SD
0.99
Beta
0.31
Sharpe

Exit Load

Exit Load Nil w.e.f. September 01, 2014.

Fund Objective

To invest only in and all the stocks comprising the CNX Nifty Junior Index in the same weights of these stocks as in the index with the objective to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.

Fund Managers

Nisha Sharma

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
18,553 Cr
Address:
4th Floor, Industrial Insurance Buildg, Opp.Churchgate Station Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

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Frequently Asked Questions

How to invest in LIC MF Nifty Next 50 Index Fund – Direct Growth ?

You can invest in LIC MF Nifty Next 50 Index Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF Nifty Next 50 Index Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of LIC MF Nifty Next 50 Index Fund – Direct Growth ?

The NAV of LIC MF Nifty Next 50 Index Fund – Direct Growth is ₹35.3 as of 18 August 2023.

How to redeem LIC MF Nifty Next 50 Index Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of LIC MF Nifty Next 50 Index Fund – Direct Growth?

The minimum SIP amount of LIC MF Nifty Next 50 Index Fund – Direct Growth is ₹500

What are the top sectors LIC MF Nifty Next 50 Index Fund – Direct Growth has invested in?

The top sectors LIC MF Nifty Next 50 Index Fund – Direct Growth has invested in are
  1. Personal Products - 8.4%
  2. Finance - 7.87%
  3. Cement & Cement Products - 6.58%
  4. Aerospace & Defense - 6.37%
  5. Retailing - 6.18%

Can I make investments in both the SIP and Lump Sum schemes of LIC MF Nifty Next 50 Index Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of LIC MF Nifty Next 50 Index Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have LIC MF Nifty Next 50 Index Fund – Direct Growth generated ?

The LIC MF Nifty Next 50 Index Fund – Direct Growth has delivered 12.9% since inception

What is the expense ratio of LIC MF Nifty Next 50 Index Fund – Direct Growth ?

The expense ratio of LIC MF Nifty Next 50 Index Fund – Direct Growth is 0.32 % as of 18 August 2023.

What is the AUM of LIC MF Nifty Next 50 Index Fund – Direct Growth?

The AUM of LIC MF Nifty Next 50 Index Fund – Direct Growth is ₹18,553 Cr as of 18 August 2023

What are the top stock holdings of LIC MF Nifty Next 50 Index Fund – Direct Growth?

The top stock holdings of LIC MF Nifty Next 50 Index Fund – Direct Growth are
  1. Bharat Electron - 3.73%
  2. Cholaman.Inv.&Fn - 3.56%
  3. Pidilite Inds. - 3.18%
  4. Godrej Consumer - 3.12%
  5. Bank of Baroda - 3%

How can I redeem my investments in LIC MF Nifty Next 50 Index Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF Nifty Next 50 Index Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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