LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl

Equity
Direct
Index Funds
LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl

About the Fund

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

Key Parameters

  1. LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl has ₹84 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl has given a CAGR return of 16.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 61.97%, 23.10% and 21.77% respectively.

Holdings

LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Consumer Defensive, Utilities, Energy, Real Estate, Health, Communication. Its top holdings are Bharat Electronics Ltd, Trent Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Tata Power Co Ltd, Power Finance Corp Ltd

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl

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 1000.00. LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
9 people have invested ₹ 25K in LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.32%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹84 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
99.24%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.4%

  • Debt & Cash 0.6%

Large cap
89.6%

Mid cap
9.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
22.7%
Industrial
22%
Basic Materials
12.8%
Consumer Cyclical
12%
Consumer Defensive
10.8%
Utilities
9.3%
Energy
3%
Real Estate
2.6%
Health
2.5%
Communication
2.2%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.72% since inception which is less than its category average return of 21.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.37% in Equity, 0% in Debt and 0.63% in Cash related instruments
AUM size ₹84 Cr

AUM size ₹84 Cr

This fund has AUM of ₹84 Cr which is less than its category average of ₹ 747 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl is ₹57.5 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.2%
4.2%
6 Month Returns
37.95%
37.95%
1 Year Returns
61.97%
61.97%
3 Years Returns
86.55%
23.1%
5 Years Returns
167.68%
21.77%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.32% as on May 2024
₹84 Cr as on May 2024
Bharat Electronics Ltd(5.21%), Trent Ltd(4.95%), Hindustan Aeronautics Ltd Ordinary Shares(4.6%), Tata Power Co Ltd(3.66%), Power Finance Corp Ltd(3.51%) as on May 2024
Financial Services(22.55%), Industrial(21.86%), Basic Materials(12.77%) as on May 2024
The alpha ratio for the LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl
-0.46
-0.29
-0.48
As on May 2024
The alpha for LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl is calculated against IISL Nifty Next 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl
1
0.99
0.99
As on May 2024
The Beta for LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl is calculated with IISL Nifty Next 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl
3.07
0.96
0.78
As on May 2024
The sharpe ratio for LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl is calculated with IISL Nifty Next 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl
13.79
16.66
19.25
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.69 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of LIC MF Nifty Next 50 Index Fund Direct Payout of Income Distribution cum Cap Wdrl is 0%