LIC MF Nifty Next 50 Index Fund

LIC MF Nifty Next 50 Index Fund

Equity

LIC Mutual Fund

Index Funds

Get the latest NAV of LIC MF Nifty Next 50 Index Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹52.58

▼-0.4%1D

NAV as on 16 Mar 2026

13.6%/per year

Since Inception

Absolute Gain%

▲▼

521 people have invested ₹ 19.4L in LIC MF Nifty Next 50 Index Fund in the last three months

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
LIC MF Nifty Next 50 Index Fund
12/12
101Cr
0.38%
9.91%
20%
-0.44
1.00
0.98
1.59
-3.90
Kotak Nifty Next 50 Index Fund
1/12
941Cr
0.1%
9.96%
20.2%
-0.27
0.99
0.99
1.60
-2.60
SBI Nifty Next 50 Index Fund
2/12
1,901Cr
0.31%
9.87%
20.16%
-0.34
1.00
0.99
1.60
-7.51
Axis Nifty Next 50 Index Fund
3/12
440Cr
0.15%
10.04%
20.12%
-0.33
0.99
0.99
1.60
-2.72
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

LIC MF Nifty Next 50 Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

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Profit

Total Corpus

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Absolute Return
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LIC MF Nifty Next 50 Index Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
85%
Mid cap
14.7%
Large Cap allocation has gone up from 84.6% to 85%
Large Cap allocation has gone up from 84.6% to 85%
Mid Cap allocation has gone down from 15.1% to 14.7%
Mid Cap allocation has gone down from 15.1% to 14.7%
Cash allocation has gone up from 0.2% to 0.2%
Cash allocation has gone up from 0.2% to 0.2%

LIC MF Nifty Next 50 Index Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
19.6%
Industrial
14.5%
Consumer Defensive
14.2%
Consumer Cyclical
11.9%
Utilities
10.5%
Basic Materials
10.1%
Health
6.1%
Energy
4.9%
Real Estate
3.6%
Communication
2.3%
Tech
2.1%

Top 3 Sectors in February were Financial Services, Basic Materials & Corporate

Feb'26

Financial Services

20%

Basic Materials

15%

Utilities

12%

Jan'26

Financial Services

20%

Basic Materials

15%

Corporate

13%

LIC MF Nifty Next 50 Index Fund Holdings Details

as on (28-Feb-26)

Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 1.01% to 2.65%
Varun Beverages Ltd's allocation increased from 1.01% to 2.65%
CG Power & Industrial Solutions Ltd's allocation increased from 1.76% to 2.15%
CG Power & Industrial Solutions Ltd's allocation increased from 1.76% to 2.15%
Samvardhana Motherson International Ltd's allocation increased from 2.22% to 2.55%
Samvardhana Motherson International Ltd's allocation increased from 2.22% to 2.55%
Top Stocks sold last month
Indian Hotels Co Ltd's allocation decreased from 2.6 % to 2.53 %
Indian Hotels Co Ltd's allocation decreased from 2.6 % to 2.53 %
Bajaj Holdings and Investment Ltd's allocation decreased from 2.07 % to 2.01 %
Bajaj Holdings and Investment Ltd's allocation decreased from 2.07 % to 2.01 %
GAIL (India) Ltd's allocation decreased from 1.98 % to 1.96 %
GAIL (India) Ltd's allocation decreased from 1.98 % to 1.96 %

LIC MF Nifty Next 50 Index Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.38%
Benchmark
Nifty Next 50 TR INR
AUM₹101 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
71.25%
Risk
Risk meter
pointer
Very High Risk

About LIC MF Nifty Next 50 Index Fund

LIC MF Nifty Next 50 Index Fund 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.

Key Parameters

  1. LIC MF Nifty Next 50 Index Fund has ₹101 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

LIC MF Nifty Next 50 Index Fund has given a CAGR return of 13.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.91%, 20.00% and 13.66% respectively.

Holdings

LIC MF Nifty Next 50 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Utilities, Consumer Defensive, Consumer Cyclical, Industrial, Health, Energy, Corporate, Real Estate, Tech, Communication. Its top holdings are Vedanta Ltd, TVS Motor Co Ltd, Divi's Laboratories Ltd, Bharat Petroleum Corp Ltd, Hindustan Aeronautics Ltd Ordinary Shares

Taxation

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.

Investment objective of LIC MF Nifty Next 50 Index Fund

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Nifty Next 50 Index Fund has no lock in period.

Fund Manager

Sumit Bhatnagar

Fund Manager of LIC MF Nifty Next 50 Index Fund, since 3 October 2023

Learn more about LIC Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 101.1 Cr
₹ 98 Cr
₹ 99.9 Cr
  • AUM of the fund stands at 101.1 Cr as of Feb'26
  • AUM increased by 3.1 Cr between Feb'26 and Jan'26

Frequently Asked Questions for LIC MF Nifty Next 50 Index Fund

How do I invest in LIC MF Nifty Next 50 Index Fund?

INDmoney makes it simple to invest in the LIC MF Nifty Next 50 Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘LIC MF Nifty Next 50 Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of LIC MF Nifty Next 50 Index Fund?

The NAV of the fund today is ₹52.58. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

LIC MF Nifty Next 50 Index Fund fund has generated a return of 9.91% in 1 year, 20.00% in 3 years, 13.66% in 5 years.

Who is the fund manager of LIC MF Nifty Next 50 Index Fund?

The fund managers are Sumit Bhatnagar.

What is the expense ratio of the fund?

The expense ratio is 0.38%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹101 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of LIC MF Nifty Next 50 Index Fund?

The top 3 holdings of the fund are Vedanta Ltd(5.23%), TVS Motor Co Ltd(3.91%), Divi's Laboratories Ltd(3.51%)