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LIC MF Nifty Next 50 Index Fund-Regular Plan-Growth

Category: Index Fund Launch Date: 20-09-2010
AUM:

₹ 96.74 Cr

Expense Ratio

0.9%

Benchmark

NIFTY Next 50 TRI

ISIN

INF397L01174

Minimum Investment

5000.0

Minimum Topup

500.0

Minimum SIP Amount

200

Fund Manager

Mr. Sumit Bhatnagar

Fund Performance 1Y (%) 3Y (%) 5Y (%)
LIC MF Nifty Next 50 Index Fund-Regular Plan-Growth -6.91 23.14 20.98
Nifty Next 50 TRI -6.12 24.38 22.41
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%

Overview

NAV
49.4409
Last change
0.68 (1.3709%)
Fund Size (AUM)
₹ 96.74 Cr
Performance
11.44% (Inception)

Asset Allocation

Equity

Debt

Others

Nav Movement

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. There is no assurance that the investment objective of the Scheme will be achieved.

Fund Manager
Mr. Sumit Bhatnagar
Riskometer
Very High

Top 10 Holdings

Company Holdings (%)
INTERGLOBE AVIATION LIMITED EQ NEW FV RS. 10/- 4.51
Hindustan Aeronautics Ltd 4.05
DIVIS LABORATORIES LIMITED EQ NEW RS. 2/- 3.62
VEDANTA LIMITED EQ NEW RS.1/- 3.2
THE INDIAN HOTELS COMPANY LIMITED EQ NEW FV RE.1/- 2.9
CHOLAMANDALAM INVESTMENT AND FIN. CO. LTD EQ NEW FV RS. 2/- 2.88
TVS MOTOR COMPANY LIMITED EQ FV RE.1/- 2.83
THE TATA POWER COMPANY LIMITED EQ NEW FV Re.1/- 2.81
BRITANNIA INDUSTRIES LIMITED EQ NEW FV RS 1 2.79
Varun Beverages Ltd 2.74

Sector Allocation

Sector Holdings (%)
Financial Services 20.69
Fast Moving Consumer Goods 11.2
Capital Goods 9.35
Power 8.41
Consumer Services 8.19
Oil, Gas & Consumable Fuels 7.12
Automobile and Auto Components 6.9
Healthcare 6.06
Metals & Mining 4.75
Services 4.51