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LIC MF Index Nifty Fund Direct IDCW

Other
Index
Very High Risk
Payout
10.58%
3Y annualised
+0.55% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Jul 2022₹33.86
Min. SIP amount₹1,000
Rating3
Fund size₹53.53Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.7%10.6%11.1%11.2%
Category average48.0%13.9%14.2%NA
Rank with in category334425NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity12.8%
HDFC Bank Ltd.FinancialEquity8.1%
Infosys Ltd.TechnologyEquity7.7%
ICICI Bank Ltd.FinancialEquity6.9%
Housing Development Finance Corpn. Ltd.FinancialEquity5.4%
Tata Consultancy Services Ltd.TechnologyEquity4.9%
Kotak Mahindra Bank Ltd.FinancialEquity3.5%
ITC Ltd.Consumer StaplesEquity3.0%
Larsen & Toubro Ltd.ConstructionEquity2.7%
Hindustan Unilever Ltd.Consumer StaplesEquity2.7%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.21%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower alpha: -0.83 The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.21%

Inclusive of GST

Exit load

Exit load of 0.25%, if redeemed within 7 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
Website
NA
Amc Image
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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FAQs

How to Invest in LIC MF Index Nifty Fund Direct IDCW?

You can easily invest in LIC MF Index Nifty Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for LIC MF Index Nifty Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in LIC MF Index Nifty Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Index Nifty Fund Direct IDCW provide?

The LIC MF Index Nifty Fund Direct IDCW has been there from 02 Jan 2013 and the average annual returns provided by this fund is 1.72% since its inception.

How much expense ratio is charged by LIC MF Index Nifty Fund Direct IDCW?

The term Expense Ratio used for LIC MF Index Nifty Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of LIC MF Index Nifty Fund Direct IDCW is 0.21% as of 05 Jul 2022...

What is the AUM of LIC MF Index Nifty Fund Direct IDCW?

The AUM, short for Assets Under Management of LIC MF Index Nifty Fund Direct IDCW is ₹53.53Cr as of 05 Jul 2022.

How to Redeem LIC MF Index Nifty Fund Direct IDCW?

If you want to sell your LIC MF Index Nifty Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Index Nifty Fund Direct IDCW?

You can select either SIP or Lumpsum investment of LIC MF Index Nifty Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF Index Nifty Fund Direct IDCW?

The NAV of LIC MF Index Nifty Fund Direct IDCW is ₹33.86 as of 04 Jul 2022.

What is the PE and PB ratio of LIC MF Index Nifty Fund Direct IDCW?

The PE ratio ratio of LIC MF Index Nifty Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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