e.g. Tata motors, Reliance MF, 500570

LIC MF Nifty Next 50 Index Fund - IDCW-Reinvestment

Equity Multi Cap Very High

NAV on (13 Jun 2017 )

₹20.31

(+0.10%)

Fund Size

₹89.6 Crores

1Y Returns

35.87 %

 

Earn 1% Higher Returns on Direct Funds

Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

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.

AMC

LIC Mutual Fund Asset Management Limited

Fund Details

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%

SIP Minimum Investment

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.

Exit Load

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

Holdings

Vedanta Ltd. 5.22%
Canara Bank 1.95%
REC Ltd. 1.79%
DLF Ltd. 1.52%
Siemens Ltd. 1.22%
Bosch Ltd. 1.17%
Treps 0.57%
Net Receivables / (Payables) -0.12%

Sector Allocation

Mining 5.22%
Auto 10.51%
Pharmaceuticals and health care 6.64%
Engineering 6.89%
Food Processing 3.00%
Power 4.25%
Service 2.92%
Retail 2.74%
Finance 11.85%
Petroleum 6.79%
Beverages - Non-Alcoholic 2.47%
Hospitality 2.35%
Auto Ancillaries 3.35%
Banks 7.17%
Electric Equipment 4.63%
Iron and Steel 1.94%
Chemicals 3.25%
Personal Care 1.86%
Information Technology 1.75%
Beverages - Alcoholic 1.69%
Construction 2.41%
Miscellaneous 1.52%
Cement 2.59%
Metals - Non Ferrous 1.02%
Shipping 0.74%
Address
4th Floor,Industrial Insurance Building,Opp. Churchgate Station, Mumbai Maharashtra India 400020
Phone
+91 22 66016000
Fax
+91 22 66016191
Launch Date
September 2, 2010
Custodian
Standard Chartered Bank, Stock Holding Corporation of India Limited
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

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.

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