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LIC MF Nifty Next 50 Index Fund

Growth

EquityIndex Fund

Small-size FundAssets Under Mgmt: ₹ 94 Cr

Very High RiskPrinciple investment will be at very high risk

54.051.48% (-0.81)

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EquityIndex Fund

Small-size FundAssets Under Mgmt: ₹ 94 Cr

Very High RiskPrinciple investment will be at very high risk

Key Metrics

Expense RatioExpense Ratio	No LabelNo Label	No LabelNo Label
0.32	61.55	1.80

No LabelNo Label	No LabelNo Label	No LabelNo Label
0.57	43.18	0.35

Scheme Info

PlanPlan	Lock inLock in	Exit LoadExit Load
Growth	0 yrs	0.00% Nil

SIP Inv.SIP Inv.	Min. LumpsumMin. Lumpsum
Allowed	₹ 5,000 Initial: ₹ 5,000 Incremental: ₹ 1,000

BenchmarkBenchmark
NIFTY NEXT 50 - TRI

About Index Fund

Index funds invests in stocks that emulate a market index like NSE Nifty, BSE Sensex, etc. They invest in the same securities which are present in underlying index. These funds aim to offer returns comparable to the index they track.

Peers & Comparison

Comparing 3 mutual funds from
EquityIndex Fund

Returns

Scheme

Ratios

Mutual Fund	1Y Returns1Y Returns	3Y CAGR3Y CAGR	Life CAGRLife CAGR
LIC MF Nifty Next 50 Index Fund	42.90%	15.76%	15.47%
UTI Nifty 50 Index Fund	19.10%	10.59%	13.15%
HDFC Nifty 50 Index Fund	19.05%	10.56%	13.28%
ICICI Pru Nifty 50 Index Fund	19.03%	10.56%	13.22%

Price Comparison

Compare LIC MF Nifty Next 50 Index Fund with any MF, ETF, stock or index

LIC MF Nifty Next 50 Index Fund

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AMC Profile

LIC Mutual Fund was established on 20th April 1989 by LIC of India. Its current Asset under Management (AUM) surpasses Rs.14 crore.

No.of Schemes
34
Total AUM
₹ 29,686.57 Cr.

Fund Manager Profile

Sumit Bhatnagar

AUM: ₹2,868.75 Cr.

Exp: 10yrs

Qualification

MBA (Univ. of Toronto), CFA (USA)

Past Experience

Mr. Sumit Bhatnagar has over 10 years of experience in Banking & Capital Markets. At Indiabulls Mutual Fund, Sumit played a pivotal role in setting up the AMC systems & processes and in framing business strategy, designing business plan and products for the AMC. Earlier, he worked with SEBI for five years in Investment Management Department, handing critical policy matters pertaining to mutual funds and contributed extensively in various high powered committees of SEBI.

Tax Implications

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Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)

This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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