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Business News/Market/Market Stats/    LIC MF Nifty 50 Index Fund Growth

LIC MF Nifty 50 Index Fund Growth

+
  • Index Funds
  • Index Funds
  • Rating 2
  • Plan
126.45 -0.05 (-0.04%) NAV as on 24 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)296.05
  • CAGR 25.14%
  • Exit Load0.25%
  • Expense ratio1.01%
  • CategoryIndex Funds
  • Min Investment5000
  • Min SIP1000
  • Launch Date2002-11-14

Morning Star Rating 2

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 27 May 2024

  • Name
  • Value (Cr)
  • Holding %
  • ITC
  • 11.47
  • 3.87%
View More

Risk & Volitility

  • Alpha -1.13%
  • Beta 1.00
  • Sharpe Ratio0.78
  • Std Deviation 12.82%
  • Tracking Error 0.25%

About Fund

The main investment objective of the fund is to generate returns commensurate with the performance of the index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Schemes will be realized.

 

The LIC MF Nifty 50 Index Fund Growth has an AUM of 296.05 crores & has delivered CAGR of 14.59% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.01%. The minimum investment in LIC MF Nifty 50 Index Fund Growth is Rs 5000 and the minimum SIP is Rs 1000.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include HDFC Bank, Reliance Industries, ICICI Bank & Infosys.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

 

Some of the similar funds are LIC MF Nifty 50 Index Fund Growth, Navi Nifty Next 50 Index Fund Regular Growth, Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth, Axis Nifty Smallcap 50 Index Fund Regular Growth, ICICI Prudential Nifty Smallcap 250 Index Fund Regular Growth. LIC MF Nifty 50 Index Fund Growth has a sharpe ratio of 0.78 & a standard deviation of 12.82%.

FAQs about LIC MF Nifty 50 Index Fund Growth

According to the morning star rating LIC MF Nifty 50 Index Fund Growth has a Moderate risk & Exceptional return.
LIC MF Nifty 50 Index Fund Growth is managed by Sumit Bhatnagar.
The expense ratio of LIC MF Nifty 50 Index Fund Growth is 1.01%.
The 5 year annualized return on LIC MF Nifty 50 Index Fund Growth is 14.59% & it has generated 25.14% in the last 1 year.
The minimum investment in LIC MF Nifty 50 Index Fund Growth is 5000 Rs.
LIC MF Nifty 50 Index Fund Growth has an AUM of 296.05 crores.
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