Mutual Fund

Fund Card

LIC MF Nifty Next 50 Index Fund(G)

very highequityindex - nifty next 50

46.99 0.35(0.76%) NAV as on 24 Apr 2024

6.81 % 1 M

63.12 % 1 Y

22.48 % 3 Y

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

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.

SCHEME DETAILS

Expenses Ratio :

0.90

As on 31 Mar, 2024

Age :

13 yrs 7 m

Since 20 09 ,2010

Exit Load :

AUM :

73.87 Crs

Lock-in :

Nil

Investing Style :

Large Growth

Portfolio Price To Book Value :

10.11

Min. Investment :

SIP 1000 & Lumpsum 5000

Scheme Benchmark :

Fund Manager :

Sumit Bhatnagar

LATEST ASSET & PORTFOLIO ALLOCATION

as on Mar 31 ,2024

Others 0.35 %

Equity 99.65 %

TOP HOLDINGS

Trent Ltd.4.77 %

Bharat Electronics Ltd.3.96 %

Tata Power Company Ltd.3.68 %

Hindustan Aeronautics Ltd.3.41 %

Indian Oil Corporation Ltd.3.39 %

See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Bank - Public	6.88
Finance Term Lending	6.72
Electric Equipment	6.55
Household & Personal Products	6.22
Finance - NBFC	6.16

See All Sectors

5-YEARS HISTORY

Financial Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
NAV in Rs (as on 31-Mar-2024)	16.02	25.49	30.71	28.27	45.06
Net Assets(Rs Crores) (as on 31-Mar-2024)	37.11	47.43	55.44	49.83	73.87
Scheme Returns(%)(Absolute)	-25.04	62.54	18.72	-9.34	59.07
B'mark Returns(%)(Absolute)	NA	NA	NA	NA	NA
Category Rank	11/33	33/41	12/71	72/87	30/120

RISKOMETER Level of Risk in the Scheme

Investors understand that their principal will be at very high risk

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

LIC MF Nifty Next 50 Index Fund(G)Very HighEquity46.990.35(0.76%)NAV As on 24 Apr, 2024	20-Sep-2010Inception Date	73.87AUM In Cr.	63.12%1Y	22.48%3Y	17.30%5Y	12.05%Since Inception
DSP NIFTY Next 50 Index Fund-Reg(G)Very HighEquity24.400.18(0.76%)NAV As on 24 Apr, 2024	21-Feb-2019Inception Date	468.29AUM In Cr.	64.06%1Y	22.87%3Y	17.66%5Y	18.81%Since Inception
Kotak Nifty Next 50 Index Fund-Reg(G)Very HighEquity17.980.14(0.76%)NAV As on 24 Apr, 2024	10-Mar-2021Inception Date	171.95AUM In Cr.	63.46%1Y	22.71%3Y	NA%5Y	20.65%Since Inception
ICICI Pru Nifty Next 50 Index Fund(G)Very HighEquity55.650.42(0.76%)NAV As on 24 Apr, 2024	25-Jun-2010Inception Date	4,443.55AUM In Cr.	63.97%1Y	22.63%3Y	17.51%5Y	13.20%Since Inception
UTI Nifty Next 50 Index Fund-Reg(G)Very HighEquity22.500.17(0.76%)NAV As on 24 Apr, 2024	28-Jun-2018Inception Date	3,528.82AUM In Cr.	63.77%1Y	22.58%3Y	17.72%5Y	14.93%Since Inception
HSBC Nifty Next 50 Index Fund-Reg(G)Very HighEquity27.130.20(0.76%)NAV As on 24 Apr, 2024	15-Apr-2020Inception Date	100.29AUM In Cr.	63.53%1Y	22.34%3Y	NA%5Y	28.12%Since Inception