LIC MF Nifty Next 50 Index Fund Direct Growth

LIC MF Nifty Next 50 Index Fund Direct Growth

+19.96%
3Y annualised
+0.53% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 May '26
₹56.77
Min. for SIP
₹200
Fund size (AUM)
₹103.38 Cr
Expense ratio
0.51%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,421
+2.37%
3 years₹1,80,000₹2,06,610
+14.78%
5 years₹3,00,000₹4,12,900
+37.63%
10 years₹6,00,000₹12,04,123
+100.69%

Holdings (54)

NameSectorInstrumentsAssets
Adani Power Ltd.EnergyEquity3.73%
Tata Motors Ltd.AutomobileEquity3.45%
Divi's Laboratories Ltd.HealthcareEquity3.36%
Hindustan Aeronautics Ltd.Capital GoodsEquity3.35%
TVS Motor Company Ltd.AutomobileEquity3.33%
Tata Power Company Ltd.EnergyEquity3.03%
Varun Beverages Ltd.Consumer StaplesEquity2.86%
Avenue Supermarts Ltd.ServicesEquity2.75%
Britannia Industries Ltd.Consumer StaplesEquity2.74%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity2.72%
Power Finance Corporation Ltd.FinancialEquity2.66%
Cummins India Ltd.Capital GoodsEquity2.61%
Bharat Petroleum Corporation Ltd.EnergyEquity2.48%
The Indian Hotels Company Ltd.ServicesEquity2.27%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity2.27%
Samvardhana Motherson International Ltd.AutomobileEquity2.18%
Indian Oil Corporation Ltd.EnergyEquity2.16%
HDFC Asset Management Company Ltd.FinancialEquity2.03%
Bank Of BarodaFinancialEquity1.98%
Adani Energy Solutions Ltd.EnergyEquity1.89%
Vedanta Ltd.Metals & MiningEquity1.88%
Jindal Steel Ltd.Metals & MiningEquity1.84%
Canara BankFinancialEquity1.84%
Bajaj Holdings & Investment Ltd.FinancialEquity1.81%
REC Ltd.FinancialEquity1.80%
GAIL (India) Ltd.EnergyEquity1.79%
Torrent Pharmaceuticals Ltd.HealthcareEquity1.78%
Godrej Consumer Products Ltd.Consumer StaplesEquity1.74%
Pidilite Industries Ltd.ChemicalsEquity1.73%
Adani Green Energy Ltd.Capital GoodsEquity1.68%
LTM LimitedTechnologyEquity1.61%
United Spirits Ltd.Consumer StaplesEquity1.59%
ABB India Ltd.Capital GoodsEquity1.54%
DLF Ltd.ConstructionEquity1.53%
Punjab National BankFinancialEquity1.53%
Solar Industries India Ltd.ChemicalsEquity1.53%
Muthoot Finance Ltd.FinancialEquity1.41%
Siemens Ltd.Capital GoodsEquity1.37%
Shree Cement Ltd.ConstructionEquity1.31%
Union Bank of IndiaFinancialEquity1.27%
Bosch Ltd.AutomobileEquity1.26%
Siemens Energy India Ltd.EnergyEquity1.18%
Ambuja Cements Ltd.ConstructionEquity1.10%
Hyundai Motor India Ltd.AutomobileEquity1.05%
Hindustan Zinc Ltd.Metals & MiningEquity1.05%
Lodha Developers Ltd.ConstructionEquity1.03%
Zydus Lifesciences Ltd.HealthcareEquity0.91%
Indian Railway Finance Corporation Ltd.FinancialEquity0.85%
Mazagon Dock Shipbuilders Ltd.Capital GoodsEquity0.84%
Vedanta Power Ltd.Capital GoodsEquity0.84%
Coffee Day Enterprises Ltd.Consumer StaplesEquity0.84%
Vedanta Aluminium Metal Ltd.Metals & MiningEquity0.84%
Vedanta Iron And Steel Ltd.Metals & MiningEquity0.84%
Tata Capital Ltd.FinancialEquity0.48%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹500
Min. for SIP
₹200

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+20.0%+13.9%+14.3%+14.0%
Category average (Equity Large Cap)+15.1%+15.0%+13.2%--
Rank (Equity Large Cap)1110----

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Compare similar funds

Fund management

NK
Nikhil Kapoor
Apr 2026 - Present
View details

Education
Executive MBA IIM Indore, Post Graduate Diploma in Business Management - NMIMS, Bachelor of Management Studies.
Experience
Prior to joining the LIC MF, he was associated with JM Financial Servies Ltd.

About LIC MF Nifty Next 50 Index Fund Direct Growth

LIC MF Nifty Next 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Nikhil Kapoor is the Current Fund Manager of LIC MF Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹48,379 Cr and the Latest NAV as of 21 May 2026 is ₹56.77. The LIC MF Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The scheme seeks to invest only in and all the stocks comprising the Nifty Next 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty Next 50 Index.
Fund benchmarkNIFTY Next 50 Total Return Index

Fund house

Rank (total assets)#20 in India
Total AUM₹48,379.12 Cr
Date of Incorporation20 Apr 1994
Phone022-66016177 / 022-66016178
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,