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  • LIC Mutual Fund
  • LIC MF Nifty Next 50 Index fund (Growth)

Formerly IDBI Nifty Next 50 Index Gr

LIC Mutual Fund

LIC MF Nifty Next 50 Index fund (Growth)

EquityLarge Cap

52.9288

NAV (Jul 19)

20.9%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in large cap mutual funds.

Large cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Outperformance Consistency

Neutral

The performance of the fund on a Outperformance Consistency metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

54.2096

NAV (Jul 18)

Fund Returns

Last 1Y
59.7%
Last 3Y
22.2%
Last 5Y
21.5%
Last 10Y
15.3%
Since Inception
12.8%
6 Month CAGR
30.1%

Scheme Information

Investment Objective

The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty Next 50 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 Nifty Next 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.

Expense Ratio
0.9
Launched (14y ago)
Sep 20, 2010
AUM in Crores
84.079
ISIN
INF397L01174
Lock-in
No Lock-in
Benchmark
Nifty Next 50 TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
16.8
Standard Deviation (5yr)
19.3
Beta (3yr)
0.99
Beta (5yr)
0.99
Sharpe Ratio (3yr)
0.985
Sharpe Ratio (5yr)
0.822
YTM
0
Fund Managers

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
LIC MF Nifty Next 50 Index fund (Growth)70%12,46,939 5,14,32720.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-07-19

Top Stock Holdings

See all holdings

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 15,161 cr

₹ 22,620 cr

₹ 19,454 cr

₹ 42,669 cr

₹ 66,383 cr

amc-img

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 28,347 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 48 equity,45 debt and 36 hybrid funds.amc-img
phone-img022-66016000
Fund NameScripbox Opinion
Till Date CAGR

5%

7.7%

5%

6.6%

5%

6.6%

14%

5.6%

39.6%

10.5%

LIC MF Nifty Next 50 Index fund (G) Review

LIC MF Nifty Next 50 Index fund (G) is a Large Cap Equity fund and has delivered an annualised return of 13% over a period of 13 years. The fund was previously known as IDBI Nifty Next 50 Index Gr. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is null.

Nav of LIC MF Nifty Next 50 Index fund (G) as of 7/19/2024 is ₹52.93 with the total AUM as of 7/20/2024 is ₹84.079. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Nifty Next 50 Index fund (G) was launched on Sep 20, 2010. The category risk of the fund is Very High Risk.

The minimum SIP amount for LIC MF Nifty Next 50 Index fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

LIC MF Nifty Next 50 Index fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Next 50 TR INR.

LIC MF Nifty Next 50 Index fund (G) is rated as a 2 fund in Equity and delivered 64.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Nifty Next 50 Index fund (G).

Frequently Asked Questions

What is LIC MF Nifty Next 50 Index fund (G)?

LIC MF Nifty Next 50 Index fund (G) is a Large Cap Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in LIC MF Nifty Next 50 Index fund (G)?

You can invest in LIC MF Nifty Next 50 Index fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of LIC MF Nifty Next 50 Index fund (G)?

The minimum sip amount for LIC MF Nifty Next 50 Index fund (G) is ₹0. You can invest in multiples of ₹5000.

Is LIC MF Nifty Next 50 Index fund (G) good to invest in?

As per Scripbox experts, LIC MF Nifty Next 50 Index fund (G) is a Neutral fund. You can investLIC MF Nifty Next 50 Index fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the LIC MF Nifty Next 50 Index fund (G)?

The expense ratio of the LIC MF Nifty Next 50 Index fund (G) is 0.9% for regular plan.