LIC MF Nifty 50 Index Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl

LIC MF Nifty 50 Index Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.

1. LIC MF Nifty 50 Index Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl has ₹331 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

LIC MF Nifty 50 Index Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl has given a CAGR return of 12.94% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.26%, 18.39% and 20.82% respectively.

LIC MF Nifty 50 Index Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Energy, Consumer Defensive, Industrial, Basic Materials, Communication, Health, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The main investment objective of the fund is to generate returns commensurate with the performance of the index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Schemes will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Nifty 50 Index Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl has no lock in period.