Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
LIC MF Nifty Next 50 Index Fund - Direct Plan
|
Very High
|
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0.32 |
|||
Very High
|
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0.46 |
||||
Very High
|
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0.34 |
||||
Very High
|
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0.40 |
||||
Very High
|
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0.30 |
₹96 Cr
--
5,000
1,000
1,000
12
Investment Strategy
The scheme seeks to invest only in and all the stocks comprising the Nifty Next 50 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 Nifty Next 50 Index.
Suitability
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Capital Gains Taxation
Dividend Taxation
1 min read•By News Desk
LIC MF Nifty Next 50 Index Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in large-cap stocks at all times. Being passively managed, it replicates the portfolio of its chosen benchmark index.
Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF Nifty Next 50 Index Fund - Direct Plan fund can be purchased from the website of LIC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of LIC MF Nifty Next 50 Index Fund - Direct Plan is ₹57.9714 as of 14-Aug-2024.
The AUM of LIC MF Nifty Next 50 Index Fund - Direct Plan Fund is ₹96 Cr as of 31-Jul-2024
The riskometer level of LIC MF Nifty Next 50 Index Fund - Direct Plan is Very High. See More
Company | Percentage of Portfolio |
---|---|
5.62
|
|
4.95
|
|
4.07
|
|
3.54
|
|
3.49
|
As of 31-Jul-2024, LIC MF Nifty Next 50 Index Fund - Direct Plan had invested 99.63% in Equity and 0.37% in Cash & Cash Eq. See More
LIC MF Nifty Next 50 Index Fund - Direct Plan is 11 years 7 months old. It has delivered 16.51% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
60.09%
|
22.47%
|
23.07%
|
15.32%
|
16.39%
|
16.51%
|
No, There is no lock in period in LIC MF Nifty Next 50 Index Fund - Direct Plan.
The expense ratio of LIC MF Nifty Next 50 Index Fund - Direct Plan is 0.32.