INF397L01174

LIC MF Nifty Next 50 Index Growth

Very High Risk Index Funds Equity

NAV (Fri Oct 11 2024)

₹56

Returns (Since Inception)

19.97%

Category Average

0.00%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Basic Materials

4.07%

Industrials

7.91%

Utilities

3.95%

Healthcare

3.42%

Financial Services

9.95%

Consumer Cyclical

3.24%

Energy

3.22%

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Overall rating

100K+Downloads

Scheme Information

Fund name

LIC MF Nifty Next 50 Index Growth


Minimum SIP

1000


Risk Level

Very High Risk


AUM

₹98.86 Cr


ISIN

INF397L01174


Inception Date

Sep 20 2010


Standard Deviation

16.772


Beta

0.99


Sharpe Ratio

0.926


Benchmark

IISL Nifty Next 50 TR INR


Expense Ratio

0.900%


Exit Load

Nil

Risk

Very High Risk

Investment Objective

The investment objective of the scheme is 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. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.

Fund Managers

Rupali Pandit

About the AMC

LIC Mutual Fund Asset Management Limited


Phone Number

+91 022-66016000

Email Address

cs.co@licmf.com

Corporate Office Address

LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,

Overall AUM

₹98.86 Cr


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