Index funds 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).
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Scheme Information
Investment Objective
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. There is no assurance that the investment objective of the Scheme will be realized.
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.
L&T Investment Management Ltd manages assets worth 71,539 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About L&T Nifty Next 50 Index Fund (DR-A)
About L&T Nifty Next 50 Index Fund (DR-A)
L&T Nifty Next 50 Index Fund (DR-A) is a index funds equity fund and has delivered an annualised return of 51.5% over a period of 1 years ..The fund is managed by L&T Investment Management Ltd.The fund manager’s name is Praveen Ayathan.
L&T Nifty Next 50 Index Fund (DR-A) Investment Objective
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. There is no assurance that the investment objective of the Scheme will be realized. However, there is no assurance that the objective of the scheme will be realized.
L&T Nifty Next 50 Index Fund (DR-A) NAV,AUM,Risk
The L&T Nifty Next 50 Index Fund (DR-A) fund was launched on Apr 17, 2020. The NAV (Net Asset Value) of this index funds equity as of 2021-03-04 is ₹ 15.462. The total AUM (Asset Under Management) of the fund as of 2021-03-04 is ₹ 21.240. The category risk of the L&T Nifty Next 50 Index Fund (DR-A) fund is Very High Risk.
The fund charges 0.7 % as expense ratio.
L&T Nifty Next 50 Index Fund (DR-A) Holdings
The fund’s highest allocation is towards equity and has invested 98.9% in this asset class. The top three holdings of the fund are avenue supermarts ltd,adani green energy ltd and tata consumer products ltd
L&T Nifty Next 50 Index Fund (DR-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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.
L&T Nifty Next 50 Index Fund (DR-A) Investment volatility and Horizon
This fund 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 IISL Nifty Next 50 TR INR
L&T Nifty Next 50 Index Fund (DR-A) Review
L&T Nifty Next 50 Index Fund (DR-A) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, L&T Nifty Next 50 Index Fund (DR-A) has a score of 1 out of 5.
Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.
