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).
No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 106.2322
NAV (Jan 28)
Fund Returns
Last 1Y
20.7%
Last 3Y
16.8%
Last 5Y
15.4%
Last 10Y
12.7%
Since Inception
13.7%
6 Month CAGR
8.8%
Scheme Information
Investment Objective
The main investment objective of the fund is to generate returns commensurate with the performance of the index S&P BSE Sensex 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 16,074 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.
LIC MF Index Sensex fund (G) is a Index Funds Equity fund and has delivered an annualised return of 13.7% over a period of 19 years. The fund was previously known as LIC Nomura MF Index Sensex 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 Sensex fund (G) as of 28/01/2022 is ₹106.23 with the total AUM as of 29/01/2022 is ₹46.795. With Scripbox you can compare and check the latest nav
for all mutual funds in India. LIC MF Index Sensex 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 Sensex 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 Sensex 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 S&P BSE SENSEX TR INR.
LIC MF Index Sensex fund (G) is rated as a 4 fund in Equity and delivered 20.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Index Sensex fund (G).
Frequently Asked Questions
What is LIC MF Index Sensex fund (G)?
LIC MF Index Sensex fund (G) is a Index Funds 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 Sensex fund (G)?
You can invest in LIC MF Index Sensex 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 Sensex fund (G)?
The minimum sip amount for LIC MF Index Sensex fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Index Sensex fund (G) good to invest in?
As per Scripbox experts, LIC MF Index Sensex fund (G) is a Top Ranked fund. You can invest LIC MF Index Sensex 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 Sensex fund (G)?
The expense ratio of the LIC MF Index Sensex fund (G) is 1.08% for regular plan.
