LIC MF Nifty Next 50 Index Growth

LIC MF Nifty Next 50 Index Growth

Equity

LIC Mutual Fund

Index Funds

Get the latest NAV of LIC MF Nifty Next 50 Index Growth. 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.

₹49.52

▼-0.7%1D

NAV as on 17 Jun 2025

11.46%/per year

Since Inception

Absolute Gain%

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Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF Nifty Next 50 Index Growth
-
97Cr
0.9%
-7.1%
22.93%
11.46%
UTI Nifty Midcap 150 Quality 50 Index Fund Regular
-
250Cr
0.88%
6.82%
15.67%
11.15%
UTI Nifty Midcap 150 Quality 50 Index Fund Regular
-
250Cr
0.88%
6.82%
15.67%
11.15%
Navi Nifty India Manufacturing Index Fund Regular
-
53Cr
1%
2.61%
-
20.32%
See all

LIC MF Nifty Next 50 Index Growth Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

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Absolute Return
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LIC MF Nifty Next 50 Index Growth Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 100%

Large cap
89.5%
Mid cap
9.7%
Mid Cap allocation has gone down from 9.8% to 9.7%
Mid Cap allocation has gone down from 9.8% to 9.7%
Large Cap allocation has gone up from 89.1% to 89.5%
Large Cap allocation has gone up from 89.1% to 89.5%
Cash allocation has gone down from 0.2% to -0%
Cash allocation has gone down from 0.2% to -0%

LIC MF Nifty Next 50 Index Growth Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 100%

Financial Services
22.6%
Industrial
19.4%
Basic Materials
12%
Consumer Cyclical
9.2%
Utilities
9.2%
Consumer Defensive
8.1%
Health
7.1%
Communication
3.4%
Real Estate
3.2%
Tech
3%
Energy
2.8%

Top 3 Sectors in May were Financial Services, Consumer Defensive & Industrial

May'25

Financial Services

21%

Industrial

15%

Consumer Defensive

14%

Apr'25

Financial Services

21%

Consumer Defensive

15%

Industrial

15%

LIC MF Nifty Next 50 Index Growth Holdings Details

as on (31-May-25)

Equity

Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.96% to 4.05%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.96% to 4.05%
DLF Ltd's allocation increased from 1.91% to 2.18%
DLF Ltd's allocation increased from 1.91% to 2.18%
Samvardhana Motherson International Ltd's allocation increased from 1.72% to 1.93%
Samvardhana Motherson International Ltd's allocation increased from 1.72% to 1.93%
Top Stocks sold last month
InterGlobe Aviation Ltd's allocation decreased from 4.57 % to 4.51 %
InterGlobe Aviation Ltd's allocation decreased from 4.57 % to 4.51 %
Indian Hotels Co Ltd's allocation decreased from 3.08 % to 2.9 %
Indian Hotels Co Ltd's allocation decreased from 3.08 % to 2.9 %
Tata Power Co Ltd's allocation decreased from 2.85 % to 2.81 %
Tata Power Co Ltd's allocation decreased from 2.85 % to 2.81 %

LIC MF Nifty Next 50 Index Growth Overview

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

Expense ratio0.9%
Benchmark
Nifty Next 50 TR INR
AUM₹97 Cr
Inception Date20 September, 2010
Min Lumpsum/SIP₹5000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
17.23%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About LIC MF Nifty Next 50 Index Growth

LIC MF Nifty Next 50 Index Growth is an equity fund. This fund was started on 20 September, 2010. 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 Growth has ₹97 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

LIC MF Nifty Next 50 Index Growth has given a CAGR return of 11.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -7.10%, 22.93% and 21.37% respectively.

Holdings

LIC MF Nifty Next 50 Index Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Consumer Cyclical, Basic Materials, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Divi's Laboratories Ltd, Vedanta Ltd, Indian Hotels Co 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 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 Growth

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 Growth has no lock in period.

Fund Manager

Sumit Bhatnagar

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

Learn more about LIC Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 96.6 Cr
₹ 93.7 Cr
₹ 91.2 Cr
  • AUM of the fund stands at 96.6 Cr as of May'25
  • AUM increased by 2.8 Cr between May'25 and Apr'25

Frequently Asked Questions for LIC MF Nifty Next 50 Index Growth

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

INDmoney makes it simple to invest in the LIC MF Nifty Next 50 Index Growth. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘LIC MF Nifty Next 50 Index Growth’.
  • 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 Growth?

The NAV of the fund today is ₹49.52. 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 Growth fund has generated a return of -7.10% in 1 year, 22.93% in 3 years, 21.37% in 5 years.

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

The fund managers are Sumit Bhatnagar.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.90%. 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 ₹97 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 Growth?

The top 3 holdings of the fund are InterGlobe Aviation Ltd(4.51%), Hindustan Aeronautics Ltd Ordinary Shares(4.05%), Divi's Laboratories Ltd(3.62%)