LIC MF Nifty Next 50 Index Fund Direct dividend payout
Equity • Index • Direct dividend payout
CAGR
₹1,000 invested for 5 years
Fund Info
Equity
Index
Direct dividend payout
Launched On
01 Jan 2013
13.6 years ago
Lock-in Period
No lock-in
NAV
as of 21 Aug 2026
₹60.8107
-0.2695% (-0.10)
AUM
₹108 Cr
Expense ratio
0.34%
Benchmark
Nifty Next 50
Fund Plan
Annually
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Tax info and exit load
Taxes
Units held less than 1Y
20.00%
Units held more than 1Y
12.50%
Exit Load
If units sold anytime
0%
What's in this fund?
Sectors
Holdings
Financial Services
20.50%
Consumer Cyclical
15.41%
Utilities
12.99%
Industrials
12.29%
Consumer Defensive
10.86%
Fund House
LIC
Inc: 31 Mar 1998 • Total AUM: ₹39,919 Cr • Rank #24
LIC Mutual Fund, started in 1989, has Life Incorporate Corporation as its sponsor. The fund house is headed by TS Ramakrishnan as the CEO. As of 31 March 2024, it has an AUM of ₹31,263 Cr. It functions under the holding company LIC Housing Finance, GIC Housing Finance.
Fund Managers
Nikhil Kapoor
Experience: yrs • Total AUM: 21,914 Cr
Sasikant Aravamuthan
Experience: yrs • Total AUM: 11,256 Cr
Risk
Category risk
Very high
As provided by the fund house document, this risk is specific to this fund category (Equity). To know the risk of this fund particularly, check 'Risk vs Category'.
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