LIC MF Nifty Next 50 Index Fund – Direct (IDCW)

Other · Index
 · ★★★
1,000
Min SIP
5,000
Min Lumpsum
0.32 %
Expense Ratio
★★★
Rating
66
Fund Size (in Cr)
11 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 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 57.5% 20.2% 18.1% 15.3%
Category Average 58.6% 20.6% 18.7% -

Scheme Allocation

By Holding
By Sector
By Asset
4.06%
Others
80.54%
View all Holdings
Holdings Sector Instrument Asset
Shriram Finance Finance Equity 4.09%
Trent Retail Equity 4.06%
Bharat Electron Aerospace & Defence Equity 3.99%
Tata Power Co. Power Generation & Distribution Equity 3.96%
Hind.Aeronautics Aerospace & Defence Equity 3.36%
I O C L Refineries Equity 3.22%
DLF Realty Equity 3.09%
Cholaman.Inv.&Fn Finance Equity 2.86%
GAIL (India) Gas Distribution Equity 2.79%
TVS Motor Co. Automobile Equity 2.78%
Bank of Baroda Banks Equity 2.77%
Godrej Consumer FMCG Equity 2.64%
Interglobe Aviat Air Transport Service Equity 2.54%
Ambuja Cements Cement Equity 2.51%
Info Edg.(India) E-Commerce/App based Aggregator Equity 2.33%
Pidilite Inds. Chemicals Equity 2.3%
ICICI Lombard Insurance Equity 2.3%
Shree Cement Cement Equity 2.28%
Siemens Capital Goods - Electrical Equipment Equity 2.22%
Vedanta Mining & Mineral products Equity 2.2%
Colgate-Palmoliv FMCG Equity 2.05%
Punjab Natl.Bank Banks Equity 2.04%
SRF Chemicals Equity 2.02%
Canara Bank Banks Equity 1.94%
Havells India Consumer Durables Equity 1.94%
United Spirits Alcoholic Beverages Equity 1.9%
Dabur India FMCG Equity 1.89%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.84%
I R C T C Railways Equity 1.78%
Jindal Steel Steel Equity 1.66%
Marico Edible Oil Equity 1.63%
P I Industries Agro Chemicals Equity 1.62%
Samvardh. Mothe. Auto Ancillaries Equity 1.61%
Varun Beverages FMCG Equity 1.53%
Adani Green Power Generation & Distribution Equity 1.51%
A B B Capital Goods - Electrical Equipment Equity 1.48%
Avenue Super. Retail Equity 1.41%
Torrent Pharma. Pharmaceuticals Equity 1.38%
SBI Cards Finance Equity 1.26%
Bosch Auto Ancillaries Equity 1.2%
ICICI Pru Life Insurance Equity 1.17%
Zydus Lifesci. Pharmaceuticals Equity 1.15%
Berger Paints Paints/Varnish Equity 0.95%
Muthoot Finance Finance Equity 0.91%
Bajaj Holdings Finance Equity 0.9%
Adani Energy Sol Power Generation & Distribution Equity 0.8%
Adani Total Gas Gas Distribution Equity 0.69%
Life Insurance Insurance Equity 0.6%
P & G Hygiene FMCG Equity 0.4%
Adani Wilmar Edible Oil Equity 0.14%
Finance
10.02%
Retailing
9.64%
Aerospace & Defense
7.35%
Personal Products
6.98%
Banks
6.75%
Others
59.26%
View all Sectors
Sectors Asset
Finance 10.02%
Retailing 9.64%
Aerospace & Defense 7.35%
Personal Products 6.98%
Banks 6.75%
Power 6.27%
Cement & Cement Products 4.79%
Chemicals & Petrochemical 4.32%
Insurance 4.07%
Electrical Equipments 3.7%
Gas 3.48%
Beverages 3.43%
Petroleum Products 3.22%
Realty 3.09%
Consumer Durables 2.89%
Auto Components 2.81%
Automobiles 2.78%
Transport Services 2.54%
Pharmaceuticals & Biotech 2.53%
Diversified Metals 2.2%
Leisure Services 1.78%
Agricultural Food & other 1.77%
Ferrous Metals 1.66%
Fertilisers & Agrochemica 1.62%
Debt 0.4%
Cash & Others -0.11%
Equity
99.69%
Reverse Repos
0.4%
Net Curr Ass/Net Receivables
-0.11%
Others
0.02%

Advance Ratio

-0.28
Alpha
4.89
SD
0.99
Beta
0.81
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

Sumit Bhatnagar

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
26,058 Cr
Address:
4th Floor, Industrial Insurance Building, Opp.Churchgate Stati Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

More Funds from LIC Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in LIC MF Nifty Next 50 Index Fund – Direct (IDCW) ?

You can invest in LIC MF Nifty Next 50 Index Fund – Direct (IDCW) 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 (IDCW) 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 (IDCW) ?

The NAV of LIC MF Nifty Next 50 Index Fund – Direct (IDCW) is ₹47.8 as of 23 February 2024.

How to redeem LIC MF Nifty Next 50 Index Fund – Direct (IDCW) 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 (IDCW)?

The minimum SIP amount of LIC MF Nifty Next 50 Index Fund – Direct (IDCW) is ₹1000

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

The top sectors LIC MF Nifty Next 50 Index Fund – Direct (IDCW) has invested in are
  1. Finance - 10.02%
  2. Retailing - 9.64%
  3. Aerospace & Defense - 7.35%
  4. Personal Products - 6.98%
  5. Banks - 6.75%

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

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

How much returns have LIC MF Nifty Next 50 Index Fund – Direct (IDCW) generated ?

The LIC MF Nifty Next 50 Index Fund – Direct (IDCW) has delivered 15.3% since inception

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

The expense ratio of LIC MF Nifty Next 50 Index Fund – Direct (IDCW) is 0.32 % as of 23 February 2024.

What is the AUM of LIC MF Nifty Next 50 Index Fund – Direct (IDCW)?

The AUM of LIC MF Nifty Next 50 Index Fund – Direct (IDCW) is ₹26,058 Cr as of 23 February 2024

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

The top stock holdings of LIC MF Nifty Next 50 Index Fund – Direct (IDCW) are
  1. Shriram Finance - 4.09%
  2. Trent - 4.06%
  3. Bharat Electron - 3.99%
  4. Tata Power Co. - 3.96%
  5. Hind.Aeronautics - 3.36%

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

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 (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now