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 Midcap 100 ETF
|
Very High
|
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0.16 |
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Very High
|
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0.21 |
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Very High
|
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0.05 |
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Very High
|
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0.23 |
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Very High
|
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0.15 |
₹734 Cr
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5,000
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--
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Investment Strategy
The scheme seeks to provide returns that correspond to the total returns of securities as represented by Nifty Midcap 100 Total Return Index, subject to tracking errors.
Suitability
"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
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 mid-cap fund, if you need to redeem your investment in less than seven years.
Capital Gains Taxation
Dividend Taxation
LIC MF Nifty Midcap 100 ETF is mandated to invest at least 65 per cent of its assets in mid-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 Midcap 100 ETF 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 Midcap 100 ETF is ₹56.9102 as of 14-Aug-2024.
The AUM of LIC MF Nifty Midcap 100 ETF Fund is ₹734 Cr as of 31-Jul-2024
The riskometer level of LIC MF Nifty Midcap 100 ETF is Very High. See More
Company | Percentage of Portfolio |
---|---|
2.74
|
|
2.52
|
|
2.07
|
|
1.95
|
|
1.88
|
As of 31-Jul-2024, LIC MF Nifty Midcap 100 ETF had invested 99.82% in Equity and 0.2% in Cash & Cash Eq. See More
LIC MF Nifty Midcap 100 ETF is 0 years 6 months old. It has delivered 15.51% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
--
|
--
|
--
|
--
|
--
|
15.51%
|
No, There is no lock in period in LIC MF Nifty Midcap 100 ETF.
The expense ratio of LIC MF Nifty Midcap 100 ETF is 0.16.