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CASPeR Ranking #181
LIC MF Nifty 50 ETF
NAV (Thu Jan 01 1970)
₹0
Returns (Since Inception)
13.93%
Category Average
0.00%
Rating
3
Allocation and Holdings
Asset class
Weightage
Financial Services
24.75%
Energy
9.21%
Technology
10.12%
Consumer Defensive
4.15%
Industrials
4.04%
Communication Services
3.62%
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Overall rating
Scheme Information
Fund name
LIC MF Nifty 50 ETF
Minimum SIP
1000
Risk Level
Very High Risk
AUM
₹863.50 Cr
ISIN
INF767K01OS7
Inception Date
Nov 20 2015
Standard Deviation
12.222
Beta
1
Sharpe Ratio
0.744
Benchmark
IISL Nifty 50 TR INR
Expense Ratio
0.060%
Exit Load
Risk
Very High Risk
Investment Objective
The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by NIFTY 50 Index, subject to tracking errors. However there is no assurance that the objective of the scheme will be achieved.
Fund Managers
Jaiprakash Toshniwal
About the AMC
LIC Mutual Fund Asset Management Limited
Phone Number
+91 022-66016000Email Address
cs.co@licmf.comCorporate Office Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,Overall AUM
₹863.50 Cr
Website
www.licmf.comPopular Equity funds
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LIC MF Nifty 50 ETF
₹863.50 Cr
13.93%
Expert designed mutual fund portfolios
Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns.
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frequently asked questions
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What is the current NAV of LIC MF Nifty 50 ETF?
The NAV of LIC MF Nifty 50 ETF is ₹0 as of Thu Jan 01 1970.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
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Who is the fund manager of LIC MF Nifty 50 ETF?
Jaiprakash Toshniwal is the current fund manager of LIC MF Nifty 50 ETF as on Sat Sep 07 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
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What is the expense ratio of LIC MF Nifty 50 ETF?
The Expense Ratio of LIC MF Nifty 50 ETF is 6.00% as of Sat Sep 07 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 6.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
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What is the minimum SIP amount of LIC MF Nifty 50 ETF?
The minimum Systematic Investment Plan (SIP) amount required for LIC MF Nifty 50 ETF is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
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What is the minimum lump sum amount required to invest in LIC MF Nifty 50 ETF?
To initiate a lump sum investment in LIC MF Nifty 50 ETF, a minimum initial amount of ₹1,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
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What is risk category of the LIC MF Nifty 50 ETF?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of LIC MF Nifty 50 ETF is classified as Very High Risk.
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What is the category of LIC MF Nifty 50 ETF?
The category of the LIC MF Nifty 50 ETF is Equity.
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