| NAV: 18 May 2022 | ₹89.23 |
| Min. SIP amount | NA |
| Rating | 3 |
| Fund size | ₹51.07Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.6% | 12.5% | 11.4% | 12.5% |
| Category average | 48.0% | 13.9% | 14.2% | NA |
| Rank with in category | 71 | 82 | 46 | NA |
Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 11.9% |
| Infosys Ltd. | Technology | Equity | 9.1% |
| HDFC Bank Ltd. | Financial | Equity | 8.4% |
| ICICI Bank Ltd. | Financial | Equity | 6.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.4% |
| ITC Ltd. | Consumer Staples | Equity | 2.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.8% |
| Axis Bank Ltd. | Financial | Equity | 2.6% |
Expense ratio, exit load and tax
Expense ratio: 1.01%
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Jaiprakash ToshniwalSep 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in LIC MF Index Nifty Fund Growth?
You can easily invest in LIC MF Index Nifty Fund Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does LIC MF Index Nifty Fund Growth provide?
The LIC MF Index Nifty Fund Growth has been there from 05 Dec 2002 and the average annual returns provided by this fund is 7.62% since its inception.
How much expense ratio is charged by LIC MF Index Nifty Fund Growth?
The term
Expense Ratio used for LIC MF Index Nifty Fund Growth 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 Growth is 1.01% as of 19 May 2022...
What is the AUM of LIC MF Index Nifty Fund Growth?
The AUM, short for Assets Under Management of LIC MF Index Nifty Fund Growth is ₹51.07Cr as of 19 May 2022.
How to Redeem LIC MF Index Nifty Fund Growth?
If you want to sell your LIC MF Index Nifty Fund Growth 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 Growth?
What is the NAV of LIC MF Index Nifty Fund Growth?
The NAV of LIC MF Index Nifty Fund Growth is ₹89.23 as of 18 May 2022.
