LIC MF Nifty Next 50 Index Growth
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
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
+91 022-66016000Email Address
cs.co@licmf.comCorporate Office Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,Overall AUM
₹98.86 Cr
Website
www.licmf.comPopular Equity funds
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