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LIC MF Nifty Next 50 Index Fund(G)

very highequityindex - nifty next 50
52.71 -1.57(-2.89%) NAV as on 22 Oct 2024
-5.82 % 1 M
58.83 % 1 Y
18.65 % 3 Y

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
  • 10Y
  • max

FUND OBJECTIVE

The investment objective of the scheme is to invest only in and all the stocks comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the CNX Nifty Junior Index as and when the derivative products on the same are made available. The scheme will adopt a passive investment strategy andwill seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.

SCHEME DETAILS

Expenses Ratio :

0.90

As on 30 Sep, 2024
Age :

14 yrs 1 m

Since 20 09 ,2010
Exit Load :

0%

AUM :

101.48 Crs

Lock-in :

Nil

Investing Style :

Large Growth

Portfolio Price To Book Value :

9.78

Min. Investment :

SIP 200 & Lumpsum 5000

Scheme Benchmark :

NA

Fund Manager :

Sumit Bhatnagar

LATEST ASSET & PORTFOLIO ALLOCATION

as on Sep 30 ,2024
Others 0.93 %
Equity 99.07 %

TOP HOLDINGS

Vedanta Ltd.4.07 %
Hindustan Aeronautics Ltd.3.96 %
Interglobe Aviation Ltd.3.95 %
Tata Power Company Ltd.3.95 %
Divi's Laboratories Ltd.3.42 %
See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Electric Equipment7.57
Finance Term Lending7.07
Power Generation/Distribution6.57
Pharmaceuticals & Drugs6.25
Bank - Public5.88
See All Sectors

5-YEARS HISTORY

Financial Year2019-20202020-20212021-20222022-20232023-2024
NAV in Rs (as on 31-Mar-2024)16.0225.4930.7128.2745.06
Net Assets(Rs Crores) (as on 31-Mar-2024) 37.11 47.43 55.44 49.83 73.87
Scheme Returns(%)(Absolute)-25.0462.5418.72-9.3459.07
B'mark Returns(%)(Absolute)NANANANANA
Category Rank11/3333/4112/7172/8730/120

RISKOMETER Level of Risk in the Scheme

Investors understand that their principal will be at very high risk

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

LIC MF Nifty Next 50 Index Fund(G)Very HighEquity52.71-1.57(-2.89%)NAV As on 22 Oct, 202420-Sep-2010Inception Date101.48AUM In Cr.58.83%1Y18.65%3Y19.89%5Y12.51%Since Inception
DSP NIFTY Next 50 Index Fund-Reg(G)Very HighEquity27.42-0.82(-2.90%)NAV As on 22 Oct, 202421-Feb-2019Inception Date844.26AUM In Cr.59.47%1Y19.09%3Y20.32%5Y19.47%Since Inception
Kotak Nifty Next 50 Index Fund-Reg(G)Very HighEquity20.20-0.60(-2.90%)NAV As on 22 Oct, 202410-Mar-2021Inception Date359.94AUM In Cr.59.18%1Y18.95%3YNA%5Y21.42%Since Inception
ICICI Pru Nifty Next 50 Index Fund(G)Very HighEquity62.54-1.87(-2.90%)NAV As on 22 Oct, 202425-Jun-2010Inception Date7,183.72AUM In Cr.59.63%1Y18.88%3Y20.15%5Y13.64%Since Inception
UTI Nifty Next 50 Index Fund-Reg(G)Very HighEquity25.27-0.76(-2.91%)NAV As on 22 Oct, 202428-Jun-2018Inception Date4,973.79AUM In Cr.59.37%1Y18.79%3Y20.27%5Y15.79%Since Inception
SBI Nifty Next 50 Index Fund-Reg(G)Very HighEquity19.20-0.57(-2.90%)NAV As on 22 Oct, 202419-May-2021Inception Date1,415.41AUM In Cr.59.35%1Y18.77%3YNA%5Y20.94%Since Inception
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