LICNAMC - LICNFNHGP ETF

About LIC MF Nifty 100 ETF

• LIC MF Nifty 100 ETF is an exchange-traded fund offered by LIC Mutual Fund House.
  The ETF was launched on March 17, 2016.
  The ETF offers exposure to a diversified portfolio of large-cap Indian companies, reflecting the broader market trends of the top 100 companies in India.
  As of June 30, 2024, the total assets under management (AUM) in this ETF was ₹717 crores as of June 30, 2024.
• Karan Doshi has been managing the equity portfolio of the scheme since January 2021, whereas Pratik Shroff has been overseeing the debt portfolio since September 2023.
• Investors can buy LIC MF Nifty 100 ETF units on the stock exchange using their demat accounts registered with a recognised stockbroker.

Investment Objective & Benchmark

• LIC MF Nifty 100 ETF aims to offer returns that closely correspond to the total returns of stocks represented by the underlying index, subject to tracking error.
• The ETF is benchmarked against the Nifty 100 Index which represents the top 100 companies based on full market capitalisation from Nifty 500.
  The LIC MF Nifty 100 ETF is suitable for investors with a moderately high-risk appetite and looking for a long-term investment target of three years or more.
  The ETF includes stocks from reputed companies, protecting you from the risk exposure of small businesses.
• LIC MF Nifty 100 ETF is well diversified allowing spread risk across various sectors and companies.

Asset Allocation & Portfolio Composition

• LIC MF Nifty 100 ETF allocates 99.61% of the funds to equity, whereas the remaining 0.39% are invested in debts and cash.
• The ETF has invested 30.56% of the funds in financial, 13.89% in energy, 10% in technology and 8.34% in consumer staples. Further, it has also allocated 7.68% of the fund to automobiles and the remaining 29.54% in other sectors.
• The ETF has invested 79.37% in giant-cap, 10.3% in large-cap companies and 10.33 % in mid-cap firms.
  The top 10 equity holdings in LIC MF Nifty 100 ETF constituted 45.15% of the assets, as of June 2024.

Top holding, where the fund has invested, along with their percentage contribution:

• HDFC Bank Ltd. - 9.25%
• Reliance Industries Ltd. - 7.77%
• ICICI Bank Ltd. - 6.32%
• Infosys Ltd. - 4.03%
• Larsen & Toubro Ltd. - 3.49%
• ITC Ltd. - 3.03%
• Tata Consultancy Services Ltd. - 2.98%
• Bharti Airtel Ltd. - 2.86%
• Axis Bank Ltd. - 2.65%
• State Bank of India - 2.56%

LIC MF Nifty 100 ETF yielded a return of 28.35% in the past year, as of May 31.

The ETF has posted a CAGR of 15.76% since its inception.