Fund Details
LIC MF Exchange Traded Fund Nifty 50 IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹154.14 (15 Apr 2021) |
|---|---|
| Fund Started | 20 Nov 2015 |
| Fund Size | ₹667 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.3% |
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.7% |
Fund Managers
LIC MF Exchange Traded Fund Nifty 50 IDCW Details
LIC MF Exchange Traded Fund Nifty 50 IDCW is a Others 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 ₹667 Cr and the Latest NAV as of 15 Apr 2021 is ₹154.14.
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.
