LIC MF Nifty Next 50 Index Growth
Medium
Risk
Equity
Index Fund
+
19.51
%
19.51
%
3Y annualised
+
0.86
%
0.86
%
1D
1M
6M
1Y
3Y
All
Fund size
67
NAV:
Mar 7, 2024
44.8394
Sector
Tech
Type
Equity
Launched
Sep 2010
Min Investment
5000
Expense Ratio
1
Risk
Medium
Portfolio allocation
Top 10 Holdings
% Value
Trent Ltd
4.85
%
Bharat Electronics Ltd
4.16
%
Shriram Finance Ltd
3.8
%
Tata Power Co Ltd
3.54
%
Indian Oil Corp Ltd
3.41
%
Hindustan Aeronautics Ltd Ordinary Shares
3.27
%
DLF Ltd
3.25
%
TVS Motor Co Ltd
2.81
%
Bank of Baroda
2.78
%
GAIL (India) Ltd
2.75
%
Expense ratio, exit load and tax
Expense Ratio:
1
%
Inclusive of GST
Exit load
No exit loads
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Fund house & investment objective
LIC MF Nifty Next 50 Index Growth
More details
Investment objective
The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty Next 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty Next 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
Calculate returns
One-time
Monthly SIP
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
* Returns are calculated as per lifetime average per annum returns of the fund.
Calculate returns
Monthly SIP
One-time
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
