Home>Mutual Funds>LIC Mutual Fund>LIC MF Index Nifty Fund Growth

LIC MF Index Nifty Fund Growth

Other
Index
Very High Risk
42.86%
1Y return
+0.77% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Aug 2021₹87.50
Min. SIP Amount₹1,000
Rating3star
Fund Size₹47.05 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns42.9%12.3%12.8%12.9%
Category average48.0%13.9%14.2%NA
Rank with in category856557NA
Understand termsinfo

Holdings (50)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity10.1%
HDFC Bank Ltd.FinancialEquity9.6%
Infosys Ltd.TechnologyEquity8.6%
Housing Development Finance Corpn. Ltd.FinancialEquity6.6%
ICICI Bank Ltd.FinancialEquity6.4%
Tata Consultancy Services Ltd.TechnologyEquity5.1%
Kotak Mahindra Bank Ltd.FinancialEquity3.7%
Hindustan Unilever Ltd.FMCGEquity3.3%
Axis Bank Ltd.FinancialEquity2.8%
Larsen & Toubro Ltd.ConstructionEquity2.7%
See All

Pros and cons

Category: Other Index

Pros

  • Age is more than 10 years

Cons

  • Asset under management(AUM) is less than 50 Crs. Watch expense ratio when AUM is very low
  • 3Y Returns are lower than the category average returns
  • 10Y Returns are lower than the category average returns
  • 1Y Returns are lower than the category average returns
  • 5Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.03%

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 termsinfo

Minimum investment amounts

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

Fund management

Yogesh Patil
Oct 2018 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

LIC MF Index Nifty Fund Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India