LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth

As on 26 Oct 2026

LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth

Q: What kind of returns does LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth provide?

LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth had a return of -3.25% over the past 1 year.

Q: How much expense ratio is charged by LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth?

The expense ratio for LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 26 Oct 2026, the expense ratio charged by LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth is typically around 1.18 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth?

As of 26 Oct 2026, the Assets Under Management (AUM) of LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth is approximately ₹109.3735 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth?

The Net Asset Value (NAV) of LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth is updated daily and reflects the per-unit value of the fund's assets. As of 26 Oct 2026 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth?

The PE ratio for LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth is 41.16 and the PB ratio is 19.86. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth?

The exit load for LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Other

NAV

₹ 54.67

CAGR (3 Years)

16.25%

AUM (Cr)

₹ 109.37

Risk

Very High Risk

About LIC MF Nifty Next 50 Index Fund-Direct Plan-Growth

To invest only in and all the stocks comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures a

Breakdown of this Fund

Aerospace & Defence

12.69%

Alcoholic Beverages

1.75%

Auto Ancillaries

9.45%

Automobile

18.15%

Banks

12.92%

Cables

1.38%

Capital Goods - Electrical Equipment

13.19%

Capital Goods-Non Electrical Equipment

5.44%

Cement

3.22%

Chemicals

3.97%

Debt Others

-1.43%

Finance

24.98%

FMCG

12.36%

Gas Distribution

3.83%

Hotels & Restaurants

2.59%

IT - Software

5.05%

Non Ferrous Metals

8.69%

Pharmaceuticals

17.97%

Power Generation & Distribution

19.81%

Realty

4.89%

Refineries

9.35%

Retail

5.05%

Steel

3.51%

Telecom-Service

1.16%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

1.18

Exit Load

3.00% - If redeemed within 12 months from the date of allotment. 2.00% - If rede...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.