LIC MF Nifty Next 50 Index Fund-Regular Plan-Growth Invest Now
Fund Manager: Mr. Sumit Bhatnagar    |     Index Fund    |     NIFTY Next 50 TRI

50.2619 0.63 (1.25 %)

NAV as on 06-06-2025

9.37 Cr

AUM as on 30-04-2025

Fund House: LIC Mutual Fund

Rtn ( Since Inception )

11.59%

Inception Date

Sep 20, 2010

Expense Ratio

0.9%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

500

Min. SIP Amount

200

Risk Status

very high

Investment Objective : 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. There is no assurance that the investment objective of the Scheme will be achieved.