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

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  • 0.14 %Nav, as on 27-09-2023

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  • Net Change on 27-09-2023

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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 2.53 4.81 7.06 19.97 10.78 13.09
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 7.06 19.97 10.78 0.32 55.59
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - IDCW Jan 07, 2013 7.00 19.96 10.67 0.30 2,947.52

Fund Holdings as on 31-August-2023

  • Bharat Electronics Ltd.

  • Cholamandalam Investment & Fin Co Ltd.

  • Pidilite Industries Ltd.

  • Godrej Consumer Products Ltd.

  • Hindustan Aeronautics Ltd.

  • Tata Power Company Ltd.

  • Siemens Ltd.

  • Bank of Baroda

  • Havells India Ltd.

  • SRF Ltd.

  • ICICI Lombard General Insurance Co. Ltd.

  • Info Edge (India) Ltd.

  • Indian Oil Corporation Ltd.

  • Dabur India Ltd.

  • Shree Cement Ltd.

  • Ambuja Cements Ltd.

  • DLF Ltd.

  • GAIL (India) Ltd.

  • InterGlobe Aviation Ltd.

  • P I INDUSTRIES LIMITED

  • Marico Ltd.

  • United Spirits Ltd.

  • Vedanta Ltd.

  • Colgate Palmolive (India) Ltd.

  • Jindal Steel & Power Ltd.

  • Page Industries Ltd.

  • SBI Cards & Payment Services Ltd.

  • ABB India Ltd.

  • Avenue Supermarts Ltd.

  • Samvardhana Motherson International Ltd.

  • ICICI Prudential Life Insurance Co Ltd.

  • Canara Bank

  • Indian Railway Catering &Tou. Corp. Ltd.

  • HDFC Asset Management Company Ltd.

  • Zomato Ltd.

  • VARUN BEVERAGES LIMITED

  • Torrent Pharmaceuticals Ltd.

  • Berger Paints (I) Ltd.

  • ACC Ltd.

  • Bosch Ltd.

  • Adani Green Energy Ltd.

  • Bajaj Holdings & Investment Ltd.

  • Muthoot Finance Ltd.

  • Indus Towers Ltd.

  • Adani Energy Solutions Ltd.

  • FSN E-Commerce Ventures Ltd.

  • Adani Total Gas Ltd.

  • Procter & Gamble Hygiene&HealthCare Ltd.

  • Life Insurance Corporation of India

  • Adani Wilmar Ltd.

  • Treps

  • Net Receivables / (Payables)

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  • Household & Personal Products

  • Finance - NBFC

  • Electric Equipment

  • Cement & Construction Materials

  • Chemicals

  • Insurance

  • Power Generation/Distribution

  • Bank - Public

  • Engineering - Industrial Equipments

  • Consumer Food

  • Auto Ancillary

  • Defence

  • BPO/ITeS

  • Refineries

  • Construction - Real Estate

  • Industrial Gases & Fuels

  • Airlines

  • Pesticides & Agrochemicals

  • Breweries & Distilleries

  • Metal - Non Ferrous

  • e-Commerce

  • Steel/Sponge Iron/Pig Iron

  • Textile

  • Retailing

  • Travel Services

  • Finance - Asset Management

  • Pharmaceuticals & Drugs

  • Paints

  • Telecommunication - Service Provider

  • Gas Transmission/Marketing

  • Miscellaneous

  • Edible Oil

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  • 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 ₹55.59 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 up ₹0.05(0.14%)yesterday to ₹36.6027.

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

The LIC MF Nifty Next 50 Index Fund is managed by Jaiprakash Toshniwal .

Fund House Contact

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

022-66016000
service@licnomuramf.com
022-22880633