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LIC MF Index Nifty Fund Direct Growth

Other
Index
Very High Risk
17.02%
3Y annualised
+1.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2021₹98.91
Min. SIP amount₹1,000
Rating2
Fund size₹52.95Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns31.4%17.0%16.4%12.9%
Category average48.0%13.9%14.2%NA
Rank with in category534127NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
EnergyEquity10.7%
FinancialEquity9.0%
TechnologyEquity8.1%
FinancialEquity7.3%
FinancialEquity6.7%
TechnologyEquity4.6%
FinancialEquity3.9%
FMCGEquity2.8%
ConstructionEquity2.8%
FinancialEquity2.6%
See All

Pros and cons

Category: Other Index

Pros

3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.21%

Cons

Lower alpha: -0.41 The fund has generated returns lower than benchmark - NIFTY 50 TRI - in the last 3Y
Low rating: 2
1Y annualised returns lower than category average by 10.25%

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 management

Yogesh Patil
Oct 2018 - Present
View details

Fund house & investment objective

Fund house contact details

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