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LIC MF Exchange Traded Fund Nifty 50 IDCW+0.23%

42.90%
1 Year Return
Other
Index
4.0star
6M
1Y
3Y
5Y
All

Fund Details

LIC MF Exchange Traded Fund Nifty 50 IDCW

RiskVery High
Min SIP AmountNot Supported
Expense Ratio0.10%
NAV₹168.51 (23 Jul 2021)
Fund Started20 Nov 2015
Fund Size480 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
42.9%
13.9%
14.4%
14.2%
Category Average
48.0%
13.9%
14.2%
-
Rank Within Category
57
22
20
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 42.9% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.1%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns
2. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reliance Industries Ltd.EnergyEquity10.0%
HDFC Bank Ltd.FinancialEquity9.6%
Infosys Ltd.TechnologyEquity8.6%
Housing Development Finance Corpn. Ltd.FinancialEquity6.5%
ICICI Bank Ltd.FinancialEquity6.4%
Tata Consultancy Services Ltd.TechnologyEquity5.1%
Kotak Mahindra Bank Ltd.FinancialEquity3.7%
Hindustan Unilever Ltd.FMCGEquity3.2%
Axis Bank Ltd.FinancialEquity2.8%
Larsen & Toubro Ltd.ConstructionEquity2.7%
See All

Fund Managers

Sachin Relekar
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LIC MF Exchange Traded Fund Nifty 50 IDCW Details

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.

Investment Objective

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.

Tax Implications

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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About LIC Mutual Fund

Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
Launch Date
20 Apr 1994
Website
NA
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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