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LIC MF Nifty Next 50 Index Fund - Direct (G)

Index Fund • OPEN
NAV as of May 20, 2026
₹56.65
1 day change
Returns since inception
14.03%
CAGR
AUM (Fund size)
₹103 Cr
NAV: ₹ 56.65
as on May 20, 2026
LIC MF Nifty Next 50 Index Fund - Direct (G)

LIC MF Nifty Next 50 Index Fund - Direct (G) Overview

AUM (Fund size) ₹ 103 Cr
Expense ratio 0.51 %
Exit load Nil w.e.f. September 01, 2014.
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty Next 50 TRI
Min. investment SIP: ₹100    Lumpsum: ₹5,000
Age 13 yrs 4 m since Jan 01, 2013
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Finance
11.71%
Power
8.69%
Banks
7.17%
Pharmaceuticals & Biotech
6.64%
Electrical Equipments
5.85%

Top Holdings

Vedanta 5.22%
Tata Motors 3.83%
TVS Motor Co. 3.71%
Divi's Lab. 3.55%
Hind.Aeronautics 3.10%
Britannia Inds. 3.00%
Tata Power Co. 2.98%
Adani Power 2.92%
Avenue Super. 2.74%
Cholaman.Inv.&Fn 2.72%

Peer Comparison

Fund Name 1Y 3Y 5Y
LIC MF Nifty Next 50 Index Fund - Direct (G) 5.66% 19.96% 13.95%

Scheme Information

LIC MF Nifty Next 50 Index Fund - Direct (G) was launched on 01/01/2013. The fund manages ₹103 Cr in assets. Its current expense ratio is 0.51%.

Fund Manager: Nikhil Kapoor

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FAQs on LIC MF Nifty Next 50 Index Fund - Direct (G)

The current expense ratio of LIC MF Nifty Next 50 Index Fund - Direct (G) is 0.51%.

The AUM of LIC MF Nifty Next 50 Index Fund - Direct (G) is ₹103 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, LIC MF Nifty Next 50 Index Fund - Direct (G) allows both SIP and lump sum investments.

The latest NAV is ₹56.65.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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