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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Historical NAV
₹ 95.7607
NAV (Dec 2)
Fund Returns
Last 1Y
32.4%
Last 3Y
17%
Last 5Y
16.4%
Last 10Y
13%
Since Inception
13.2%
6 Month CAGR
11.9%
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.
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.
LIC Mutual Fund Asset Management Limited manages assets worth 15,883 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 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.
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
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund 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.
Fund 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 Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About LIC MF Index Nifty fund (G)
About LIC MF Index Nifty fund (G)
LIC MF Index Nifty fund (G) is a Index Funds Equity fund and has delivered an annualised return of 13.2% 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
LIC MF Index Nifty fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.
LIC MF Index Nifty fund (G) NAV,AUM,Risk
The LIC MF Index Nifty fund (G) fund was launched on Nov 14, 2002. The NAV (Net Asset Value) of this Index Funds Equity fund as of 2021-12-02 is ₹95.76. The total AUM (Asset Under Management) of the fund as of 03/12/2021 is ₹52.946. The category risk of the LIC MF Index Nifty fund (G) fund is Very High Risk. The fund charges 1.01 % as expense ratio.
LIC MF Index Nifty fund (G) Holdings
The fund’s highest allocation is towards Equity and has invested 99.9% in this asset class. The top three holdings of the fund are , reliance industries ltd , hdfc bank ltd , infosys ltd , icici bank ltd , housing development finance corp ltd , tata consultancy services ltd , kotak mahindra bank ltd , larsen & toubro ltd , hindustan unilever ltd , itc ltd , bajaj finance ltd , axis bank ltd , state bank of india , treps , net receivables / (payables) , bharti airtel ltd , asian paints ltd , hcl technologies ltd , bajaj finserv ltd , maruti suzuki india ltd , tata steel ltd , titan co ltd , wipro ltd , tech mahindra ltd , ultratech cement ltd , tata motors ltd , sun pharmaceuticals industries ltd , mahindra & mahindra ltd , indusind bank ltd , hindalco industries ltd , nestle india ltd , jsw steel ltd , grasim industries ltd , divi's laboratories ltd , power grid corp of india ltd , hdfc life insurance company limited , ntpc ltd , sbi life insurance company limited , dr reddy's laboratories ltd , oil & natural gas corp ltd , adani ports & special economic zone ltd , bajaj auto ltd , cipla ltd , britannia industries ltd , tata consumer products ltd , bharat petroleum corp ltd , upl ltd , shree cement ltd , eicher motors ltd , coal india ltd , hero motocorp ltd , indian oil corp ltd
LIC MF Index Nifty fund (G) 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.
LIC MF Index Nifty fund (G) 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 50 TR INR
LIC MF Index Nifty fund (G) Review
LIC MF Index Nifty fund (G) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance.
As compared to the other funds in its category, LIC MF Index Nifty fund (G) has a score of 1 out of 5
Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.
