LIC Mutual Fundimage

LIC MF Nifty Next 50 Index Fund

Solution OrientedIndex Funds/ETFsGrowthIDCW-ReinvestmentIDCW

Fund Overview

NAV (29 Sep 25)

50.33

AUM (in Cr)

₹ 96.40

5 Years CAGR

% 20.20

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
0.45
-1.50
7.67
-12.77
16.41
20.20
Index Funds/ETFs
1.75
-1.14
8.19
21.08
52.24
48.85

Note:  Benchmark Performance is not available due to periodic changes in underlying Benchmark composition. Performance related to other similar category of funds are displayed here. Information available here is on the basis of internal data, publicly available information and other sources believed to be reliable, produced for information purpose only and should not be construed as investment advice to any party.

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
% 0.91
Benchmark
0% Nifty Next Total Return + 0% Nifty Next Total Return + 0% Nifty Next Total Return + 0% Nifty Next Total Return
AUM
₹ 96.40
Inception Date
02 Sep 2010
Turnover Ratio
% 65.00
Exit Load
Nil
Asset Class
Solution Oriented
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