Fund Overview

NAV (02 Apr 25)

₹ 46.73

AUM (in Cr)

₹ 81.42

5 Years CAGR

% 24.41

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
10.49
-8.72
-18.35
1.01
14.45
24.41
Index Funds/ETFs
4.02
-3.94
-7.98
5.25
11.22
22.33

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
₹ 81.42
Inception Date
02 Sep 2010
Turnover Ratio
% 65.00
Exit Load
Nil
Asset Class
Solution Oriented
amc-logo

LIC Mutual Fund

Total AUM

₹ 35380.44

No. of Schemes under this AMC

46

Phone

66016000

Email

service@licmf.com

Incorporation Date

4/20/1994

Address

4th Floor,, Industrial Insurance Building,, Opp. Churchgate Station,

Mumbai - 400020

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LIC MF Nifty Next 50 Index Fund

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