NAV on (13 Jun 2017 )
₹20.31 ▲
(+0.10%)
Fund Size
₹89.6 Crores
1Y Returns
35.87 %
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.
LIC Mutual Fund Asset Management Limited
Launch Date
September 2, 2010
Fund Manager
Mr. Nikhil Kapoor
Initial Price
10
AUM Fund
89.6 Cr
Min investment
Rs 5000
Expense Ratio
0.91%
Daily - Rs. 100/- and in multiples of Re.1/- thereafter. Minimum 60 installments.Monthly - Rs. 200/- and in multiples of Re.1/- thereafter. Minimum 30 installments.Quarterly - Rs. 1000/- and in multiples of Re.1/- thereafter. Minimum 6 installments.
Nil
1 Month
-0.64%
6 Months
+21.70%
1 Year
+35.87%
2 Years (CAGR)
+18.54%
3 Years (CAGR)
+17.99%
5 Years (CAGR)
+21.62%
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 64.50% | 78.34% | ₹3049.11 | |
| 64.42% | 78.48% | ₹3049.11 | |
| 62.72% | 73.09% | ₹3049.11 | |
| 62.58% | 72.95% | ₹3049.11 | |
| 56.50% | 174.60% | ₹721.53 |
Q: What is the current NAV of LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment?
A: The latest NAV of LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment is ₹ 20.31 as on 13 Jun 2017.
Q: What type of mutual fund is LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment?
A: LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment is a 'Equity - Multi Cap' type mutual fund managed by 'LIC Mutual Fund Asset Management Limited'.
Q: What is the expense ratio of LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment?
A: The expense ratio of LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment is 0.91%, which impacts overall returns.
Q: Who manages LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment?
A: LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment is managed by Mr. Nikhil Kapoor, who oversees investment strategy and portfolio decisions.
Q: Is LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment a good investment?
A: LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment?
A: The exit load of LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment is Nil, applicable if redeemed within the specified period.
Q: How is LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.