- Mutual Funds
- LIC Mutual Fund
- LIC MF Nifty Next 50 Index Fund (G)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 54.0024
NAV (Oct 7)
Fund Returns
Last 1Y | 66.5% |
Last 3Y | 19.8% |
Last 5Y | 22.3% |
Last 10Y | 15.4% |
Since Inception | 12.9% |
6 Month CAGR | 19.7% |
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 (0y ago) | 0.9 |
AUM in Crores | 98.9 |
ISIN | INF397L01174 |
Lock-in | - |
Benchmark | NIFTY Next 50 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 16.9 |
Beta | 1.1 |
Sharpe Ratio | 1 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Nifty Next 50 Index Fund (G) | 12,97,027 | 5,64,415 | 22.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
Trent Ltd.
5.6%Bharat Electronics Ltd.
5%Hindustan Aeronautics Ltd.
4.1%Power Finance Corporation Ltd.
3.5%REC Ltd.
3.5%Allocation by Sector
Financial
18.59%Capital Goods
16.62%Services
15.61%Energy
10.87%Consumer Staples
10.37%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,041 cr | ||
₹ 23,712 cr | ||
₹ 64,222 cr | ||
₹ 50,154 cr | ||
₹ 17,488 cr |
About the AMC
LIC Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.672% | 7.884% | ||
16.698% | 5.967% | ||
6.055% | 6.912% | ||
5.801% | 8.175% | ||
32.806% | 10.312% |
LIC MF Nifty Next 50 Index Fund (G) Review
LIC MF Nifty Next 50 Index Fund (G) is a Equity Equity fund and has delivered an annualised return of 12.942% 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 10/7/2024 is ₹54.00 with the total AUM as of 10/8/2024 is ₹98.8648. 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 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.
It is rated as a 2 fund in Equity and delivered 66.495% 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)?
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 ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Nifty Next 50 Index Fund (G) good to invest in?
As per Scripbox experts, it is a 2 fund. You can invest in it 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.
What is the NAV of LIC MF Nifty Next 50 Index Fund (G)?
Today's LIC MF Nifty Next 50 Index Fund (G) NAV is ₹54.00.