LIC MF Nifty 50 Index Fund Growth

• Alpha -1.13%
• Beta 1.00
• Sharpe Ratio0.57
• Std Deviation 11.25%
• Tracking Error 0.25%

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 358.74 crores & has delivered CAGR of 11.54% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.08%. The minimum investment in LIC MF Nifty 50 Index Fund Growth is Rs 5000 and the minimum SIP is Rs 200.

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

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

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Auto & Truck Manufacturers.

Some of the similar funds are HSBC Nifty 50 Index Fund Regular Growth, Navi Nifty Midcap 150 Index Fund Regular Growth, LIC MF Nifty 50 Index Fund Growth, Groww Nifty Total Market Index Fund Regular Growth, Motilal Oswal Nifty Capital Market Index Fund Regular Growth. LIC MF Nifty 50 Index Fund Growth has a sharpe ratio of 0.57 & a standard deviation of 11.25%.