LIC MF Nifty Next 50 Index Fund Regular Growth
EquityIndex FundsVery High Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹96 Cr
Expense Ratio
0.90%
ISIN
INF397L01174
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
20 Sep 2010
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹55.23, Assets Under Management (AUM) of 95.83 Crores, and an expense ratio of 0.9%.
- LIC MF Nifty Next 50 Index Fund Regular Growth has given a CAGR return of 13.02% 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 Next 50 Index Fund Regular 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
+62.71%
— (Cat Avg.)
3 Years
+20.44%
— (Cat Avg.)
5 Years
+22.92%
— (Cat Avg.)
10 Years
+15.13%
— (Cat Avg.)
Since Inception
+13.02%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹95.41 Cr | 99.56% |
| Others | ₹0.43 Cr | 0.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Trent Ltd | Equity | ₹6.76 Cr | 6.83% |
| Bharat Electronics Ltd | Equity | ₹4.6 Cr | 4.66% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.74 Cr | 3.78% |
| InterGlobe Aviation Ltd | Equity | ₹3.44 Cr | 3.48% |
| Power Finance Corp Ltd | Equity | ₹3.43 Cr | 3.47% |
| Vedanta Ltd | Equity | ₹3.38 Cr | 3.42% |
| REC Ltd | Equity | ₹3.3 Cr | 3.33% |
| Tata Power Co Ltd | Equity | ₹3.14 Cr | 3.18% |
| TVS Motor Co Ltd | Equity | ₹2.8 Cr | 2.83% |
| Indian Oil Corp Ltd | Equity | ₹2.78 Cr | 2.81% |
| GAIL (India) Ltd | Equity | ₹2.74 Cr | 2.77% |
| Siemens Ltd | Equity | ₹2.62 Cr | 2.65% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.61 Cr | 2.64% |
| Info Edge (India) Ltd | Equity | ₹2.54 Cr | 2.57% |
| Godrej Consumer Products Ltd | Equity | ₹2.41 Cr | 2.43% |
| DLF Ltd | Equity | ₹2.32 Cr | 2.35% |
| Samvardhana Motherson International Ltd | Equity | ₹2.25 Cr | 2.28% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹2.22 Cr | 2.24% |
| Zomato Ltd | Equity | ₹2.16 Cr | 2.18% |
| Colgate-Palmolive (India) Ltd | Equity | ₹2.06 Cr | 2.09% |
| Havells India Ltd | Equity | ₹2.05 Cr | 2.07% |
| Pidilite Industries Ltd | Equity | ₹2.03 Cr | 2.05% |
| Bank of Baroda | Equity | ₹1.99 Cr | 2.01% |
| United Spirits Ltd | Equity | ₹1.83 Cr | 1.85% |
| ABB India Ltd | Equity | ₹1.79 Cr | 1.81% |
| Canara Bank | Equity | ₹1.6 Cr | 1.62% |
| SRF Ltd | Equity | ₹1.59 Cr | 1.61% |
| Dabur India Ltd | Equity | ₹1.59 Cr | 1.61% |
| Ambuja Cements Ltd | Equity | ₹1.56 Cr | 1.58% |
| Jindal Steel & Power Ltd | Equity | ₹1.52 Cr | 1.54% |
| Jio Financial Services Ltd | Equity | ₹1.48 Cr | 1.50% |
| Punjab National Bank | Equity | ₹1.48 Cr | 1.50% |
| Shree Cement Ltd | Equity | ₹1.46 Cr | 1.47% |
| Marico Ltd | Equity | ₹1.43 Cr | 1.45% |
| Torrent Pharmaceuticals Ltd | Equity | ₹1.35 Cr | 1.37% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹1.25 Cr | 1.26% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹1.21 Cr | 1.23% |
| Zydus Lifesciences Ltd | Equity | ₹1.21 Cr | 1.22% |
| Bosch Ltd | Equity | ₹1.19 Cr | 1.20% |
| Avenue Supermarts Ltd | Equity | ₹1.02 Cr | 1.03% |
| Varun Beverages Ltd | Equity | ₹1 Cr | 1.01% |
| Adani Green Energy Ltd | Equity | ₹0.93 Cr | 0.94% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹0.91 Cr | 0.92% |
| Adani Power Ltd | Equity | ₹0.81 Cr | 0.82% |
| Treps | Cash - Repurchase Agreement | ₹0.71 Cr | 0.72% |
| Berger Paints India Ltd | Equity | ₹0.68 Cr | 0.69% |
| Bajaj Holdings and Investment Ltd | Equity | ₹0.61 Cr | 0.61% |
| Adani Energy Solutions Ltd | Equity | ₹0.49 Cr | 0.50% |
| Indian Railway Finance Corp Ltd Ordinary Shares | Equity | ₹0.45 Cr | 0.46% |
| Adani Total Gas Ltd | Equity | ₹0.32 Cr | 0.32% |
| Life Insurance Corporation of India | Equity | ₹0.28 Cr | 0.28% |
| Net Receivables / (Payables) | Cash | ₹-0.27 Cr | 0.27% |
Allocation By Market Cap (Equity)
Large Cap Stocks
88.97%
Mid Cap Stocks
10.59%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹21.61 Cr | 21.85% |
| Industrials | ₹19.45 Cr | 19.68% |
| Consumer Cyclical | ₹15.15 Cr | 15.33% |
| Basic Materials | ₹12.23 Cr | 12.37% |
| Consumer Defensive | ₹11.34 Cr | 11.47% |
| Utilities | ₹8.44 Cr | 8.54% |
| Energy | ₹2.78 Cr | 2.81% |
| Healthcare | ₹2.56 Cr | 2.59% |
| Communication Services | ₹2.54 Cr | 2.57% |
| Real Estate | ₹2.32 Cr | 2.35% |
Risk & Performance Ratios
Standard Deviation
This fund
16.77%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.93
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 August 2024
ISIN | INF397L01174 | Expense Ratio | 0.90% | Exit Load | No Charges | Fund Size | ₹96 Cr | Age | 20 Sep 2010 | 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  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹539.42 Cr | 45.5% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹539.42 Cr | 44.6% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹397.46 Cr | 61.6% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹587.30 Cr | 42.9% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1683.73 Cr | 39.1% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1000.66 Cr | 49.6% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹587.30 Cr | 43.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹397.46 Cr | 62.6% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1683.73 Cr | 39.9% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1000.66 Cr | 48.7% |
About the AMC
LIC Mutual Fund
Total AUM
₹1,609 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% | ₹54.40 Cr | 21.1% |
| LIC MF Equity Savings Fund Direct Growth Moderately High risk | 1.0% | 1.0% | ₹19.38 Cr | 16.1% |
| LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹95.83 Cr | 63.7% |
| LIC MF Focused 30 Equity Direct Growth Very High Risk | 1.6% | 1.0% | ₹151.43 Cr | 31.6% |
| LIC MF Long Term Value Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹123.47 Cr | 43.3% |
| LIC MF Healthcare Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹69.18 Cr | 54.4% |
| LIC MF Small Cap Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹318.40 Cr | 53.5% |
| LIC MF Midcap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹319.71 Cr | 51.3% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹330.46 Cr | 60.2% |
Risk Level
Your principal amount will be at Very High Risk
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- Sumit Bhatnagar
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