- Mutual Funds
- LIC Mutual Fund
- LIC MF Nifty Next 50 Index Fund (G)
Scheme Information
The scheme seeks 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.
Expense Ratio | 0.9 % |
Launched 14Y ago | 2010-09-20 |
AUM in Crores | 91.2 |
ISIN | INF397L01174 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Next 50 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 19.6 |
Beta | 1.3 |
Sharpe Ratio | 0.4 |
Fund Managers
Asset allocation and Holdings
Top Stock Holdings
Trent Ltd.
5.62%Bharat Electronics Ltd.
4.95%Hindustan Aeronautics Ltd.
4.07%Power Finance Corporation Ltd.
3.54%REC Ltd.
3.49%
Allocation by Sector
Financial
20.01%Services
17.91%Energy
11.76%Capital Goods
11.35%Consumer Staples
7.97%
Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 23,379 cr | ||
₹ 64,962 cr | ||
₹ 27,730 cr | ||
₹ 16,217 cr | ||
₹ 49,131 cr |
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 10.97% over 14 years. The fund has grown over a period of 14 years. The fund is managed by LIC Mutual Fund. The fund manager’s name is Sumit Bhatnagar.
Nav of LIC MF Nifty Next 50 Index Fund (G) as of 4/11/2025 is ₹45.53 with the total AUM as of 4/13/2025 is ₹91.22. 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 2010-09-20. The category risk of the fund is Very High.
The minimum SIP amount for LIC MF Nifty Next 50 Index Fund (G) is ₹1000 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 Total Return Index.
Scripbox has rated it 4 stars, indicating it's a top ranking fund in the Equity category and delivered -3.22% 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).