• 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)

EquityIndex Funds

95.7607

NAV (Dec 02)

16.4%
5 Year CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in index funds.

Click here to see our recommendations.

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).

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

53 Cr. Negligible within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    No Lock-in
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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%

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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio

1.01

Launched (19y ago)

Nov 14, 2002

AUM in Crores

52.946

ISIN

INF767K01162

Lock-in

No Lock-in

Benchmark

IISL Nifty 50 TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Jaiprakash Toshniwal

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
    Inflation beating returns
  • Grow Wealth , Retirement , Kid's Education
    Grow Wealth , Retirement , Kid's Education
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

amc-icon

About the AMC

LIC Mutual Fund Asset Management Limited

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.

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

    17.8%

    10.9%

    17.4%

    13.9%

    4.9%

    6.5%

    19.4%

    14%

    7.3%

    7.4%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Parag Parikh Flexi Cap fund (Growth)

    Parag Parikh Flexi Cap fund (Growth)

    Equity

    Diversified

    Mirae Asset Large Cap Fund (Growth)

    Mirae Asset Large Cap Fund (Growth)

    Equity

    Large Cap

    Axis Bluechip Fund (Growth)

    Axis Bluechip Fund (Growth)

    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual 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?
    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    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

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    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

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    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.

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