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LIC MF Nifty Next 50 Index Fund Direct Growth
+21.22%
3Y annualised
+2.05% 1D
NAV: 10 Apr '26
₹55.24
Min. for SIP
₹200
Fund size (AUM)
₹89.60 Cr
Expense ratio
0.38%
Rating
3
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹59,317 | -1.14% | |
| 3 years | ₹1,80,000 | ₹2,01,679 | +12.04% | |
| 5 years | ₹3,00,000 | ₹4,00,944 | +33.65% | |
| 10 years | ₹6,00,000 | ₹11,67,750 | +94.63% |
Holdings (50)
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
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +21.2% | +14.4% | +14.3% | +13.9% |
| Category average (Equity Large Cap) | +15.1% | +15.0% | +13.2% | -- |
| Rank (Equity Large Cap) | 11 | 10 | -- | -- |
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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Nippon India Large Cap Fund Direct Growth | +11.56% | +18.17% | 51,403.80 | |
WhiteOak Capital Large Cap Fund Direct Growth | +11.36% | +18.06% | 1,148.98 | |
DSP Large Cap Fund Direct Growth | +6.25% | +17.18% | 7,269.64 | |
ICICI Prudential Large Cap Fund Direct Growth | +9.51% | +16.78% | 69,947.55 | |
HDFC Large Cap Fund Direct Growth | +7.61% | +14.21% | 35,458.50 | |
| Compare | ||||
Fund management
NKNikhil KapoorApr 2026 - PresentView details
NK
Nikhil Kapoor
Apr 2026 - Present
View details
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 ₹47,476 Cr and the Latest NAV as of 10 Apr 2026 is ₹55.24.
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.
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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₹47,476.48 Cr
Date of Incorporation20 Apr 1994
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentKFin Tech
Email[email protected]
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,