LIC Mutual Fundimage

LIC MF Nifty Next 50 Index Fund

Solution OrientedIndex Funds/ETFsGrowthIDCWIDCW-Reinvestment

Fund Overview

NAV (20 Dec 24)

₹ 50.87

AUM (in Cr)

₹ 96.87

5 Years CAGR

% 21.62

Risk Level 

Very High

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
LIC MF Nifty Next 50 Index Fund
-0.64
10.66
21.70
35.87
17.99
21.62
Index Funds/ETFs
2.03
6.88
13.47
29.94
14.03
18.43

Note:  Benchmark Performance not available due to periodic changes in underlying Benchmark composition.

Scheme Information

Investment Objective

The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme.

Expense Ratio
% 0.90
Benchmark
-
AUM
₹ 96.87
Inception Date
02 Sep 2010
Turnover Ratio
% 48.00
Exit Load
Nil
Asset Class
Solution Oriented
Connect with an
Expertquotes
Personalized investment strategies from leading experts