|Min SIP Amount||Not Supported|
|NAV||₹168.51 (23 Jul 2021)|
|Fund Started||20 Nov 2015|
|Fund Size||₹480 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.0%|
|HDFC Bank Ltd.||Financial||Equity||9.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.5%|
|ICICI Bank Ltd.||Financial||Equity||6.4%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.7%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.2%|
|Axis Bank Ltd.||Financial||Equity||2.8%|
|Larsen & Toubro Ltd.||Construction||Equity||2.7%|
LIC MF Exchange Traded Fund Nifty 50 IDCW is a Other Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Nov 2015. Ritu Modi is the Current Fund Manager of LIC MF Exchange Traded Fund Nifty 50 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹480 Cr and the Latest NAV as of 23 Jul 2021 is ₹168.51.
The LIC MF Exchange Traded Fund Nifty 50 IDCW is rated Very High risk. Minimum SIP Investment is set to 1000.
The scheme seeks to provide returns that closely correspond to the total returns of securities as represented by Nifty 50 Index, subject to tracking errors.
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.