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

Other · Index
 · ★★★
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.32 %
Expense Ratio
★★★
Rating
90
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 26 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 62.6% 23% 22.7% 16.7%
Category Average 65.8% 24.1% 23.6% -

Scheme Allocation

By Holding
By Sector
By Asset
5.38%
Others
78.42%
View all Holdings
Holdings Sector Instrument Asset
Trent Retail Equity 5.38%
Bharat Electron Aerospace & Defence Equity 5.04%
Hind.Aeronautics Aerospace & Defence Equity 4.52%
Tata Power Co. Power Generation & Distribution Equity 3.42%
Power Fin.Corpn. Finance Equity 3.22%
Interglobe Aviat Air Transport Service Equity 3.2%
Siemens Capital Goods - Electrical Equipment Equity 3.2%
REC Ltd Finance Equity 2.97%
Vedanta Mining & Mineral products Equity 2.86%
Cholaman.Inv.&Fn Finance Equity 2.78%
I O C L Refineries Equity 2.75%
GAIL (India) Gas Distribution Equity 2.67%
TVS Motor Co. Automobile Equity 2.53%
Samvardh. Mothe. Auto Ancillaries Equity 2.43%
DLF Realty Equity 2.41%
Info Edg.(India) E-Commerce/App based Aggregator Equity 2.4%
Bank of Baroda Banks Equity 2.38%
Godrej Consumer FMCG Equity 2.36%
Pidilite Inds. Chemicals Equity 2.2%
Havells India Consumer Durables Equity 2.09%
A B B Capital Goods - Electrical Equipment Equity 2.09%
ICICI Lombard Insurance Equity 1.98%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.83%
Ambuja Cements Cement Equity 1.81%
Canara Bank Banks Equity 1.8%
Jindal Steel Steel Equity 1.76%
Colgate-Palmoliv FMCG Equity 1.74%
Jio Financial Finance Equity 1.74%
Shree Cement Cement Equity 1.71%
United Spirits Alcoholic Beverages Equity 1.71%
SRF Chemicals Equity 1.64%
Punjab Natl.Bank Banks Equity 1.62%
Dabur India FMCG Equity 1.6%
Marico Edible Oil Equity 1.45%
I R C T C Railways Equity 1.37%
Bosch Auto Ancillaries Equity 1.36%
Zydus Lifesci. Pharmaceuticals Equity 1.22%
Varun Beverages FMCG Equity 1.17%
Torrent Pharma. Pharmaceuticals Equity 1.16%
ICICI Pru Life Insurance Equity 1.07%
Avenue Super. Retail Equity 1.06%
Adani Power Power Generation & Distribution Equity 0.98%
SBI Cards Finance Equity 0.98%
Adani Green Power Generation & Distribution Equity 0.98%
Berger Paints Paints/Varnish Equity 0.65%
Bajaj Holdings Finance Equity 0.54%
I R F C Finance Equity 0.47%
Adani Energy Sol Power Generation & Distribution Equity 0.45%
Adani Total Gas Gas Distribution Equity 0.37%
Life Insurance Insurance Equity 0.28%
Finance
12.88%
Aerospace & Defense
9.81%
Retailing
9.57%
Banks
6.26%
Power
6.17%
Others
55.31%
View all Sectors
Sectors Asset
Finance 12.88%
Aerospace & Defense 9.81%
Retailing 9.57%
Banks 6.26%
Power 6.17%
Personal Products 5.69%
Electrical Equipments 5.22%
Chemicals & Petrochemical 3.83%
Cement & Cement Products 3.47%
Insurance 3.42%
Gas 3.11%
Auto Components 3.04%
Consumer Durables 2.99%
Diversified Metals 2.98%
Transport Services 2.94%
Petroleum Products 2.94%
Beverages 2.65%
Realty 2.6%
Pharmaceuticals & Biotech 2.46%
Automobiles 2.46%
Ferrous Metals 1.86%
Leisure Services 1.53%
Agricultural Food & other 1.5%
Debt 0.55%
Cash & Others 0.08%
Equity
99.4%
Reverse Repos
0.41%
Net Curr Ass/Net Receivables
0.15%
Others
0.04%

Advance Ratio

-0.29
Alpha
4.86
SD
0.99
Beta
0.94
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:
31,814 Cr
Address:
4th Floor, Industrial Insurance Building, Opp.Churchgate Stati 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 (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 ₹59.3 as of 26 July 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 - 12.88%
  2. Aerospace & Defense - 9.81%
  3. Retailing - 9.57%
  4. Banks - 6.26%
  5. Power - 6.17%

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 16.7% 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 26 July 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 ₹31,814 Cr as of 26 July 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. Trent - 5.38%
  2. Bharat Electron - 5.04%
  3. Hind.Aeronautics - 4.52%
  4. Tata Power Co. - 3.42%
  5. Power Fin.Corpn. - 3.22%

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.
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