LIC MF Nifty Next 50 Index Fund - IDCW - Direct Plan

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  • Net Change on 16-07-2024

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Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is 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 as and when the derivative products on the same are made available. The scheme will adopt a passive investment strategy andwill seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
LIC MF Nifty Next 50 Index Fund-Direct Plan-IDCW 3.48 19.86 68.01 24.53 22.68 17.06
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY NEXT 50 - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
LIC MF Nifty Next 50 Index Fund-Direct Plan-IDCW Jan 01, 2013 68.01 24.53 22.68 0.32 90.25
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - IDCW Jan 07, 2013 68.44 24.49 22.70 0.30 5,844.95
DSP Nifty Next 50 Index Fund - Direct Plan - IDCW Feb 21, 2019 68.42 24.62 22.72 0.30 652.71

Fund Holdings as on 30-June-2024

  • Trent Ltd.

  • Bharat Electronics Ltd.

  • Hindustan Aeronautics Ltd.

  • Tata Power Company Ltd.

  • Power Finance Corporation Ltd.

  • InterGlobe Aviation Ltd.

  • Siemens Ltd.

  • REC Ltd.

  • Vedanta Ltd.

  • Cholamandalam Investment & Fin Co Ltd.

  • Indian Oil Corporation Ltd.

  • GAIL (India) Ltd.

  • TVS Motor Company Ltd.

  • Samvardhana Motherson International Ltd.

  • DLF Ltd.

  • Info Edge (India) Ltd.

  • Bank of Baroda

  • Godrej Consumer Products Ltd.

  • Pidilite Industries Ltd.

  • Havells India Ltd.

  • ABB India Ltd.

  • ICICI Lombard General Insurance Co. Ltd.

  • Zomato Ltd.

  • Ambuja Cements Ltd.

  • Canara Bank

  • Jindal Steel & Power Ltd.

  • Jio Financial Services Ltd.

  • Colgate Palmolive (India) Ltd.

  • Shree Cement Ltd.

  • United Spirits Ltd.

  • SRF Ltd.

  • Punjab National Bank

  • Dabur India Ltd.

  • Marico Ltd.

  • Indian Railway Catering &Tou. Corp. Ltd.

  • Bosch Ltd.

  • Zydus Lifesciences Ltd.

  • VARUN BEVERAGES LIMITED

  • Torrent Pharmaceuticals Ltd.

  • ICICI Prudential Life Insurance Co Ltd.

  • Avenue Supermarts Ltd.

  • Adani Power Ltd.

  • SBI Cards & Payment Services Ltd.

  • Adani Green Energy Ltd.

  • Berger Paints (I) Ltd.

  • Bajaj Holdings & Investment Ltd.

  • Indian Railway Finance Corporation Ltd.

  • Adani Energy Solutions Ltd.

  • Treps

  • Adani Total Gas Ltd.

  • Life Insurance Corporation of India

  • Net Receivables / (Payables)

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  • Electric Equipment

  • Finance Term Lending

  • Retailing

  • Finance - NBFC

  • Power Generation/Distribution

  • Bank - Public

  • Household & Personal Products

  • Engineering - Industrial Equipments

  • Defence

  • Chemicals

  • Auto Ancillary

  • Cement & Construction Materials

  • Insurance

  • Airlines

  • Metal - Non Ferrous

  • Refineries

  • Industrial Gases & Fuels

  • Consumer Food

  • Automobile Two & Three Wheelers

  • Construction - Real Estate

  • BPO/ITeS

  • Pharmaceuticals & Drugs

  • e-Commerce

  • Steel/Sponge Iron/Pig Iron

  • Breweries & Distilleries

  • Travel Services

  • Paints

  • Miscellaneous

  • Gas Transmission/Marketing

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Fund Manager

  • Cash

  • Equity

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About LIC MF Nifty Next 50 Index Fund

Scheme Analysis

LIC MF Nifty Next 50 Index Fund is a Index Funds - Nifty Next 50 fund and belongs to LIC Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹90.25 crore. LIC MF Nifty Next 50 Index Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY NEXT 50 - TRI as secondary index.

The NAV of LIC MF Nifty Next 50 Index Fund ended down ₹-0.36(-0.59%)yesterday to ₹59.775.

Among its top 3 holdings the fund has exposure to Trent Ltd., and

The LIC MF Nifty Next 50 Index Fund is managed by Sumit Bhatnagar .

Fund House Contact

4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai - 400 020

022-66016000
service@licnomuramf.com
022-22880633