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
₹ 109.0941
NAV (Sep 15)
Fund Returns
50%
Last 1Y
15.7%
Last 3Y
15.5%
Last 5Y
13.2%
Last 10Y
14.1%
Since Inception
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 15,674 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
About LIC MF Index Sensex fund (G)
About LIC MF Index Sensex fund (G)
LIC MF Index Sensex fund (G) is a Index Funds Equity fund and has delivered an annualised return of 14.1% over a period of 18 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 Ritu Modi
LIC MF Index Sensex fund (G) 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. . However, there is no assurance that the objective of the scheme will be realized.
LIC MF Index Sensex fund (G) NAV,AUM,Risk
The LIC MF Index Sensex fund (G) fund was launched on Nov 14, 2002. The NAV (Net Asset Value) of this Index Funds Equity fund as of 2021-09-15 is ₹109.09. The total AUM (Asset Under Management) of the fund as of 16/09/2021 is ₹38.869. The category risk of the LIC MF Index Sensex fund (G) fund is Very High Risk. The fund charges 1.08 % as expense ratio.
LIC MF Index Sensex 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 , housing development finance corp ltd , icici bank ltd , tata consultancy services ltd , hindustan unilever ltd , kotak mahindra bank ltd , axis bank ltd , larsen & toubro ltd , bajaj finance ltd , itc ltd , state bank of india , bharti airtel ltd , asian paints ltd , hcl technologies ltd , tata steel ltd , bajaj finserv ltd , tech mahindra ltd , maruti suzuki india ltd , ultratech cement ltd , sun pharmaceuticals industries ltd , titan co ltd , mahindra & mahindra ltd , nestle india ltd , power grid corp of india ltd , indusind bank ltd , dr reddy's laboratories ltd , ntpc ltd , bajaj auto ltd , treps , net receivables / (payables)
LIC MF Index Sensex 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 Sensex 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 S&P BSE SENSEX TR INR
LIC MF Index Sensex fund (G) Review
LIC MF Index Sensex 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 Sensex 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.
