
LIC MF Nifty Next 50 Index Fund Direct - Growth
LIC MF Nifty Next 50 Index Fund Direct - Growth
as on 24 Jul 2026
LIC MF Nifty Next 50 Index Fund Direct - Growth is a mutual fund scheme launched on 01 Jan 2013. Investors can begin their investment journey with a minimum SIP of ₹200 or a lumpsum investment of ₹5,000. The fund manages total assets worth ₹108.18 crores, and the current NAV stands at ₹58.8716 as of 24 Jul 2026. The fund has delivered absolute returns of 6.07% in the past 1 year. For the last 3 years the fund has delivered a CAGR of 18.12%. For 5 years it has given a CAGR of 13.44%. The expense ratio of the fund is 0.34%.
NAV ₹ 58.8716 (-0.09%)
CAGR 13.44%
NAV
NIFTY50
NAV
NIFTY50
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 42.92 L
13.44%
Total Investment
₹ 30,00,000
Returns
₹ 12,92,404 (13.44%)
Maturity Value
₹ 42,92,404
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
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Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 108.18 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹108.18 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
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Fund Comparison
Fund Details
52W High NAV
₹ NaN
Min. SIP Amount
₹ 200.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 108.18
Expense Ratio
0.34%
Lock-in Period
No Lock in Period
52W Low NAV
₹ NaN
Inception Date
01 Jan 2013
Fund Age
13 Yrs
Benchmark
Nifty Next 50 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Nikhil Kapoor | Executive MBA- Indian Institute of Management - Indore Post Graduate Diploma in Business Management- NMIMS Bachelor of Management Studies- Mumbai University |
| Sasikant Aravamuthan | PGDBA - ICFA Business School Chennai, B.Sc., Zoology - Loyola College Chennai |
Fund 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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
LIC Mutual Fund
No. of Schemes
35
Total AUM
₹ 45,023.28 Cr
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Open NFOs
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FAQs
When was LIC MF Nifty Next 50 Index Fund launched?
What is the current NAV of LIC MF Nifty Next 50 Index Fund?
What is the AUM of LIC MF Nifty Next 50 Index Fund?
What is the rate of return of LIC MF Nifty Next 50 Index Fund?
- In the past 1Y: 6.07%
- In the past 3Y: 18.12%
- In the past 5Y: 13.44%
What is the expense ratio of LIC MF Nifty Next 50 Index Fund?
What is exit load of LIC MF Nifty Next 50 Index Fund?
What is the portfolio of LIC MF Nifty Next 50 Index Fund?
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in LIC MF Nifty Next 50 Index Fund?
Who is the fund manager LIC MF Nifty Next 50 Index Fund?
What is the minimum investment required in LIC MF Nifty Next 50 Index Fund?
How to invest in LIC MF Nifty Next 50 Index Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.



