Direct
NAV (06-Sep-24)
₹58.56-1.59%1D
Returns (Since Inception)
18.85%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹734 Cr
Expense Ratio
0.16%
ISIN
INF767K01RN1
Minimum SIP
-
Exit Load
-
Inception Date
19 Feb 2024
About this fund
This fund has been in existence for 6 months and 19 days, having been launched on 19-Feb-24.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹58.56, Assets Under Management (AUM) of 734.50 Crores, and an expense ratio of 0.16%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹58.56, Assets Under Management (AUM) of 734.50 Crores, and an expense ratio of 0.16%.
- LIC MF Nifty Midcap 100 ETF has given a CAGR return of 18.85% since inception.
- The fund's asset allocation comprises around 99.81% in equities, 0.00% in debts, and 0.19% in cash & cash equivalents.
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.
Since Inception
+18.85%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹733.09 Cr | 99.81% |
| Others | ₹1.41 Cr | 0.19% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Suzlon Energy Ltd | Equity | ₹20.1 Cr | 2.74% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹18.47 Cr | 2.52% |
| Indian Hotels Co Ltd | Equity | ₹15.22 Cr | 2.07% |
| Cummins India Ltd | Equity | ₹14.33 Cr | 1.95% |
| Persistent Systems Ltd | Equity | ₹13.78 Cr | 1.88% |
| Yes Bank Ltd | Equity | ₹13.13 Cr | 1.79% |
| The Federal Bank Ltd | Equity | ₹13.01 Cr | 1.77% |
| CG Power & Industrial Solutions Ltd | Equity | ₹12.93 Cr | 1.76% |
| Lupin Ltd | Equity | ₹12.59 Cr | 1.71% |
| Dixon Technologies (India) Ltd | Equity | ₹12.52 Cr | 1.71% |
| Bharat Forge Ltd | Equity | ₹12.22 Cr | 1.66% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹12.09 Cr | 1.65% |
| PB Fintech Ltd | Equity | ₹11.91 Cr | 1.62% |
| Coforge Ltd | Equity | ₹11.45 Cr | 1.56% |
| HDFC Asset Management Co Ltd | Equity | ₹11.36 Cr | 1.55% |
| Bharat Heavy Electricals Ltd | Equity | ₹11.04 Cr | 1.50% |
| Aurobindo Pharma Ltd | Equity | ₹10.9 Cr | 1.48% |
| JSW Energy Ltd | Equity | ₹10.45 Cr | 1.42% |
| Hindustan Petroleum Corp Ltd | Equity | ₹10.23 Cr | 1.39% |
| Ashok Leyland Ltd | Equity | ₹10.14 Cr | 1.38% |
| Macrotech Developers Ltd | Equity | ₹9.94 Cr | 1.35% |
| Godrej Properties Ltd | Equity | ₹9.89 Cr | 1.35% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹9.8 Cr | 1.33% |
| AU Small Finance Bank Ltd | Equity | ₹9.79 Cr | 1.33% |
| PI Industries Ltd | Equity | ₹9.72 Cr | 1.32% |
| Voltas Ltd | Equity | ₹9.6 Cr | 1.31% |
| BSE Ltd | Equity | ₹9.42 Cr | 1.28% |
| Supreme Industries Ltd | Equity | ₹9.38 Cr | 1.28% |
| Vodafone Idea Ltd | Equity | ₹9.32 Cr | 1.27% |
| Rail Vikas Nigam Ltd | Equity | ₹9.29 Cr | 1.26% |
| NHPC Ltd | Equity | ₹8.96 Cr | 1.22% |
| Torrent Power Ltd | Equity | ₹8.69 Cr | 1.18% |
| Polycab India Ltd | Equity | ₹8.67 Cr | 1.18% |
| Oil India Ltd | Equity | ₹8.44 Cr | 1.15% |
| IDFC First Bank Ltd | Equity | ₹8.2 Cr | 1.12% |
| KPIT Technologies Ltd | Equity | ₹8.06 Cr | 1.10% |
| MRF Ltd | Equity | ₹7.95 Cr | 1.08% |
| UPL Ltd | Equity | ₹7.86 Cr | 1.07% |
| Container Corporation of India Ltd | Equity | ₹7.83 Cr | 1.07% |
| Sona BLW Precision Forgings Ltd | Equity | ₹7.7 Cr | 1.05% |
| NMDC Ltd | Equity | ₹7.49 Cr | 1.02% |
| Max Financial Services Ltd | Equity | ₹7.45 Cr | 1.01% |
| Petronet LNG Ltd | Equity | ₹7.42 Cr | 1.01% |
| Astral Ltd | Equity | ₹7.37 Cr | 1.00% |
| Alkem Laboratories Ltd | Equity | ₹7.25 Cr | 0.99% |
| APL Apollo Tubes Ltd | Equity | ₹7.22 Cr | 0.98% |
| Balkrishna Industries Ltd | Equity | ₹7.2 Cr | 0.98% |
| Fortis Healthcare Ltd | Equity | ₹7.18 Cr | 0.98% |
| Oracle Financial Services Software Ltd | Equity | ₹7.12 Cr | 0.97% |
| FSN E-Commerce Ventures Ltd | Equity | ₹7.09 Cr | 0.97% |
| Page Industries Ltd | Equity | ₹7.03 Cr | 0.96% |
| Union Bank of India | Equity | ₹7.02 Cr | 0.96% |
| Prestige Estates Projects Ltd | Equity | ₹6.93 Cr | 0.94% |
| GMR Airports Infrastructure Ltd | Equity | ₹6.86 Cr | 0.93% |
| Tata Elxsi Ltd | Equity | ₹6.65 Cr | 0.90% |
| Mphasis Ltd | Equity | ₹6.6 Cr | 0.90% |
| LIC Housing Finance Ltd | Equity | ₹6.36 Cr | 0.87% |
| Tata Communications Ltd | Equity | ₹6.34 Cr | 0.86% |
| Jubilant Foodworks Ltd | Equity | ₹6.19 Cr | 0.84% |
| Steel Authority Of India Ltd | Equity | ₹6.05 Cr | 0.82% |
| Oberoi Realty Ltd | Equity | ₹5.89 Cr | 0.80% |
| Deepak Nitrite Ltd | Equity | ₹5.76 Cr | 0.78% |
| Indian Bank | Equity | ₹5.72 Cr | 0.78% |
| Indraprastha Gas Ltd | Equity | ₹5.18 Cr | 0.71% |
| Mankind Pharma Ltd | Equity | ₹5.14 Cr | 0.70% |
| Apollo Tyres Ltd | Equity | ₹5 Cr | 0.68% |
| Laurus Labs Ltd | Equity | ₹4.96 Cr | 0.68% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹4.87 Cr | 0.66% |
| Kalyan Jewellers India Ltd | Equity | ₹4.85 Cr | 0.66% |
| Ipca Laboratories Ltd | Equity | ₹4.82 Cr | 0.66% |
| ACC Ltd | Equity | ₹4.8 Cr | 0.65% |
| Bandhan Bank Ltd | Equity | ₹4.8 Cr | 0.65% |
| Tata Chemicals Ltd | Equity | ₹4.76 Cr | 0.65% |
| Delhivery Ltd | Equity | ₹4.75 Cr | 0.65% |
| One97 Communications Ltd | Equity | ₹4.4 Cr | 0.60% |
| Biocon Ltd | Equity | ₹4.39 Cr | 0.60% |
| Patanjali Foods Ltd | Equity | ₹4.32 Cr | 0.59% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹4.29 Cr | 0.58% |
| Aditya Birla Capital Ltd | Equity | ₹4.25 Cr | 0.58% |
| Bank of India | Equity | ₹4.18 Cr | 0.57% |
| Gland Pharma Ltd | Equity | ₹4.08 Cr | 0.55% |
| Dalmia Bharat Ltd | Equity | ₹3.99 Cr | 0.54% |
| Syngene International Ltd | Equity | ₹3.98 Cr | 0.54% |
| L&T Technology Services Ltd | Equity | ₹3.89 Cr | 0.53% |
| L&T Finance Ltd | Equity | ₹3.87 Cr | 0.53% |
| Escorts Kubota Ltd | Equity | ₹3.72 Cr | 0.51% |
| Zee Entertainment Enterprises Ltd | Equity | ₹3.71 Cr | 0.51% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹3.67 Cr | 0.50% |
| Piramal Enterprises Ltd | Equity | ₹3.37 Cr | 0.46% |
| Gujarat Gas Ltd | Equity | ₹3.19 Cr | 0.43% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹3.14 Cr | 0.43% |
| Dr. Lal PathLabs Ltd | Equity | ₹3.05 Cr | 0.42% |
| SJVN Ltd | Equity | ₹2.89 Cr | 0.39% |
| Poonawalla Fincorp Ltd | Equity | ₹2.76 Cr | 0.38% |
| JSW Infrastructure Ltd | Equity | ₹2.26 Cr | 0.31% |
| Sun TV Network Ltd | Equity | ₹2.04 Cr | 0.28% |
| Tata Technologies Ltd | Equity | ₹1.99 Cr | 0.27% |
| Bank of Maharashtra | Equity | ₹1.81 Cr | 0.25% |
| The Fertilizers & Chemicals Travancore Ltd | Equity | ₹1.8 Cr | 0.25% |
| IDBI Bank Ltd | Equity | ₹1.51 Cr | 0.21% |
| Treps | Cash - Repurchase Agreement | ₹0.75 Cr | 0.10% |
| Net Receivables / (Payables) | Cash | ₹0.66 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
4.39%
Mid Cap Stocks
92.11%
Small Cap Stocks
3.30%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹158.32 Cr | 21.56% |
| Financial Services | ₹134.78 Cr | 18.35% |
| Healthcare | ₹86.81 Cr | 11.82% |
| Consumer Cyclical | ₹83.59 Cr | 11.38% |
| Technology | ₹76.46 Cr | 10.41% |
| Basic Materials | ₹59.47 Cr | 8.10% |
| Utilities | ₹39.37 Cr | 5.36% |
| Real Estate | ₹32.65 Cr | 4.45% |
| Communication Services | ₹31.21 Cr | 4.25% |
| Energy | ₹26.1 Cr | 3.55% |
| Consumer Defensive | ₹4.32 Cr | 0.59% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
14.34%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.26
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.62
Higher the better
Fund Managers
SB
Sumit Bhatnagar
Since February 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF767K01RN1 | Expense Ratio | 0.16% | Exit Load | - | Fund Size | ₹734 Cr | Age | 19 Feb 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Midcap 100 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 Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1459.13 Cr | 45.8% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1459.13 Cr | 48.1% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹14445.55 Cr | 60.6% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹17454.59 Cr | 41.0% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹17454.59 Cr | 42.6% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30854.63 Cr | 43.9% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3292.76 Cr | 54.8% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3292.76 Cr | 52.5% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4466.53 Cr | 44.2% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of LIC MF Nifty Midcap 100 ETF?
The NAV of LIC MF Nifty Midcap 100 ETF, as of 06-Sep-2024, is ₹58.56.
What is the portfolio composition of LIC MF Nifty Midcap 100 ETF?
The fund's allocation of assets is distributed as 99.81% in equities, 0.00% in bonds, and 0.19% in cash and cash equivalents.
Who manages the LIC MF Nifty Midcap 100 ETF?
The fund managers responsible for LIC MF Nifty Midcap 100 ETF are:-
- Sumit Bhatnagar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.