|Min SIP Amount||Not Supported|
|NAV||₹151.73 (22 Jan 2021)|
|Fund Started||20 Nov 2015|
|Fund Size||₹634 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.7%|
|HDFC Bank Ltd.||Financial||Equity||10.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.6%|
|ICICI Bank Ltd.||Financial||Equity||6.1%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.6%|
|Larsen & Toubro Ltd.||Construction||Equity||2.6%|
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. Ritu Modi 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 ₹634 Cr and the Latest NAV as of 22 Jan 2021 is ₹151.73.
The LIC MF Exchange Traded Fund Nifty 50 Dividend is rated Moderately 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.