| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹111.40 (03 Jul 2020) |
|---|---|
| Fund Started | 20 Nov 2015 |
| Fund Size | ₹440 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 11.9% |
| HDFC Bank Ltd. | Financial | Equity | 10.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| Infosys Ltd. | Technology | Equity | 6.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| ITC Ltd. | FMCG | Equity | 4.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.7% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
LIC MF Exchange Traded Fund Nifty 50 Dividend is a Others Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Nov 2015. Sachin Relekar is the Current Fund Manager of LIC MF Exchange Traded Fund Nifty 50 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹440 Cr and the Latest NAV as of 03 Jul 2020 is ₹111.40.
The LIC MF Exchange Traded Fund Nifty 50 Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by CNX NIFTY Index, subject to tracking errors. However there is no assurance that the objective of the scheme will be achieved.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.