Mutual Fund Research

LIC MF Nifty Next 50 Index Fund(G)

As on May-17-2024 change fund
49.80  up0.58 (1.18%)

fund objective

The investment objective of the scheme is to invest only in and all the stocks comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the CNX Nifty Junior Index as and when the derivative products on the same are made available. The scheme will adopt a passive investment strategy andwill seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2019-20202020-20212021-20222022-20232023-2024
NAV in Rs (as on 31-Mar-2024)16.0225.4930.7128.2745.06
Net Assets(Rs Crores) (as on 31-Mar-2024) 37.11 47.43 55.44 49.83 73.87
Scheme Returns(%)(Absolute)-25.0462.5418.72-9.3459.07
B'mark Returns(%)(Absolute)NANANANANA
Category Rank11/3333/4112/7172/8730/120
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2023-202415.462.8518.2413.54
2022-2023-11.1416.36-0.59-10.45
2021-202212.4510.06-0.31-2.35
2020-202121.324.1819.885.01
2019-2020-3.520.972.68-24.95
Top 10 holdings
company (%)
Trent Ltd.5.02 
Bharat Electronics Ltd.4.29 
Tata Power Company Ltd.3.89 
Hindustan Aeronautics Ltd.3.77 
Power Finance Corporation Ltd.3.29 
REC Ltd.3.21 
Indian Oil Corporation Ltd.3.17 
DLF Ltd.2.93 
Interglobe Aviation Ltd.2.90 
GAIL (India) Ltd.2.90 

Category

Index Funds

Launch Date

20-Sep-10

Scheme Benchmark

NA

AUM ( in Cr.)

80.06

portfolio price to book value

10.17

investing style?

Large Growth

fund manager?

Sumit Bhatnagar

inception date (regular plan)

20-Sep-10

expense ratio (regular plan) %

0.90

Top 10 sectors
sectors (%)
Bank - Public6.96
Finance Term Lending6.94
Electric Equipment6.61
Power Generation/Distribution6.22
Retailing6.05
Finance - NBFC6.02
Household & Personal Products5.81
Chemicals4.33
Engineering - Industrial Equipments4.29
Defence3.77

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

to go
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  • 6M
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  • maximum
performance comparision with similar schemes and benchmark
scheme name investment style inception date AUM in Cr. 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
LIC MF Nifty Next 50 Index Fund(G)Large-Growth 20-Sep-201080.0663.4722.6120.2815.7112.47
DSP NIFTY Next 50 Index Fund-Reg(G)Large-Growth 21-Feb-2019520.0264.3723.0320.66NA19.89
Kotak Nifty Next 50 Index Fund-Reg(G)Large-Growth 10-Mar-2021192.7063.7722.87NANA22.41
ICICI Pru Nifty Next 50 Index Fund(G)Large-Growth 25-Jun-20104,909.4064.3322.8020.5116.1913.62
UTI Nifty Next 50 Index Fund-Reg(G)Large-Growth 28-Jun-20183,833.3264.1222.7420.70NA15.90
HSBC Nifty Next 50 Index Fund-Reg(G)Large-Growth 15-Apr-2020109.9963.8122.49NANA29.46
Motilal Oswal Nifty Next 50 Index Fund-Reg(G)Large-Growth 23-Dec-2019259.5563.6622.41NANA20.96
SBI Nifty Next 50 Index Fund-Reg(G)Large-Growth 19-May-2021826.5864.07NANANA21.94
HDFC NIFTY Next 50 Index Fund-Reg(G)Large-Growth 03-Nov-2021604.9663.98NANANA19.05
Axis Nifty Next 50 Index Fund-Reg(G)Large-Growth 28-Jan-2022165.8063.85NANANA23.42
Navi Nifty Next 50 Index Fund-Reg(G)Large-Growth 19-Jan-2022288.7663.59NANANA21.09
Aditya Birla SL Nifty Next 50 Index Fund-Reg(G)Large-Growth 18-Feb-202295.2563.54NANANA24.31
Edelweiss Nifty Next 50 Index Fund-Reg(G)Large-Growth 30-Nov-202234.5963.50NANANA33.64
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