• Mutual Funds
  • LIC Mutual Fund
  • LIC MF Index Nifty fund (Growth)

Formerly LIC Nomura MF Index Nifty Gr

LIC Mutual Fund

LIC MF Index Nifty fund (Growth)

EquityLarge Cap

87.2647

NAV (Jun 27)

10.3%
5 Year CAGR
Scripbox Opinion
Neutral
Scripbox recommends other funds for investment in large cap.

Click here to see our recommendations.

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 ->

Track Record

20 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

54 Cr. Negligible within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

Scripbox Recommended Large Cap Funds

Want the large cap equity funds that are right for your long term equity investment needs?

Learn more

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

87.2647

NAV (Jun 27)

Fund Returns

Last 1Y

-0.4%

Last 3Y

10.4%

Last 5Y

10.3%

Last 10Y

11.7%

Since Inception

12.2%

6 Month CAGR

-7.5%

Scheme Information

Investment Objective

The main investment objective of the fund is to generate returns commensurate with the performance of the index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. However,there is no assurance that the investment objective of the Schemes will be realized.

Expense Ratio

1.01

Launched (20y ago)

Nov 14, 2002

AUM in Crores

53.532

ISIN

INF767K01162

Lock-in

No Lock-in

Benchmark

IISL Nifty 50 TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Jaiprakash Toshniwal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-06-27

Top Stock Holdings

reliance industries ltd

12.4%
12.4%

hdfc bank ltd

8.4%
8.4%

infosys ltd

7.5%
7.5%

icici bank ltd

7.2%
7.2%

housing development finance corp ltd

5.7%
5.7%
See all holdings

Allocation by Sector

financial services

35.6%
35.6%

technology

15.7%
15.7%

energy

14.2%
14.2%

consumer defensive

8.2%
8.2%

basic materials

7.2%
7.2%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,202 cr

5

₹ 13,023 cr

5

₹ 13,023 cr

5

₹ 4,202 cr

5

₹ 4,202 cr

5

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 14,998 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 35 hybrid funds.

amc-img

  • 022-66016000
  • cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.8%

    5.4%

    6.6%

    7.8%

    4.1%

    6.9%

    3.6%

    5.4%

    3.6%

    5.4%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    LIC MF Index Nifty fund (G) Review

    LIC MF Index Nifty fund (G) is a Large Cap Equity fund and has delivered an annualised return of 12.2% over a period of 19 years. The fund was previously known as LIC Nomura MF Index Nifty Gr. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Jaiprakash Toshniwal.

    Nav of LIC MF Index Nifty fund (G) as of 6/27/2022 is ₹87.26 with the total AUM as of 6/28/2022 is ₹53.532. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Index Nifty fund (G) was launched on Nov 14, 2002. The category risk of the fund is Very High Risk.

    The minimum SIP amount for LIC MF Index Nifty 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 Index Nifty 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 IISL Nifty 50 TR INR.

    LIC MF Index Nifty fund (G) is rated as a 2 fund in Equity and delivered -0.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Index Nifty fund (G).

    Frequently Asked Questions

    What is LIC MF Index Nifty fund (G)?

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

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

    You can invest in LIC MF Index Nifty 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 Index Nifty fund (G)?

    The minimum sip amount for LIC MF Index Nifty fund (G) is ₹1000. You can invest in multiples of ₹5000.

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

    As per Scripbox experts, LIC MF Index Nifty fund (G) is a Neutral fund. You can investLIC MF Index Nifty 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 Index Nifty fund (G)?

    The expense ratio of the LIC MF Index Nifty fund (G) is 1.01% for regular plan.