LIC MF Nifty Next 50 Index Fund Direct Growth

LIC MF Nifty Next 50 Index Fund Direct Growth

+16.69%
3Y annualised
+1.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Sep '26
₹59.22
Min. for SIP
₹200
Fund size (AUM)
₹112.27 Cr
Expense ratio
0.32%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,401
+4.00%
3 years₹1,80,000₹2,02,873
+12.71%
5 years₹3,00,000₹4,14,104
+38.03%
10 years₹6,00,000₹12,08,406
+101.40%

Holdings (52)

NameSectorInstrumentsAssets
Divi's Laboratories LtdHealthcareEquity4.83%
TVS Motor Company LtdConsumer DiscretionaryEquity4.08%
Tata Motors LtdIndustrialsEquity3.95%
Hindustan Aeronautics LtdIndustrialsEquity3.66%
Adani Power LtdEnergy & UtilitiesEquity3.30%
Cholamandalam Investment & Finance Company LtdFinancialEquity3.22%
Samvardhana Motherson International LtdConsumer DiscretionaryEquity3.03%
Torrent Pharmaceuticals LtdHealthcareEquity2.97%
Cummins India LtdIndustrialsEquity2.77%
Bharat Petroleum Corporation LtdEnergy & UtilitiesEquity2.63%
The Indian Hotels Company LtdConsumer DiscretionaryEquity2.59%
CG Power & Industrial Solutions LtdIndustrialsEquity2.52%
Avenue Supermarts LtdConsumer StaplesEquity2.51%
Britannia Industries LtdConsumer StaplesEquity2.48%
RepoUnspecifiedRepo2.38%
Tata Power Company LtdEnergy & UtilitiesEquity2.31%
Varun Beverages LtdConsumer StaplesEquity2.19%
HDFC Asset Management Company LtdFinancialEquity2.15%
Pidilite Industries LtdMaterialsEquity2.09%
Indian Oil Corporation LtdEnergy & UtilitiesEquity2.08%
Bajaj Holdings & Investment LtdFinancialEquity2.02%
Power Finance Corporation LtdFinancialEquity1.96%
Solar Industries India LtdMaterialsEquity1.96%
GAIL (India) LtdEnergy & UtilitiesEquity1.92%
Vedanta LtdMaterialsEquity1.89%
Adani Transmission LtdEnergy & UtilitiesEquity1.86%
DLF LtdReal EstateEquity1.78%
Jindal Steel & Power LtdMaterialsEquity1.77%
Bank Of BarodaFinancialEquity1.77%
United Spirits LtdConsumer StaplesEquity1.75%
Bosch LtdConsumer DiscretionaryEquity1.73%
Canara BankFinancialEquity1.70%
LTIMindtree LtdTechnologyEquity1.69%
REC LtdFinancialEquity1.62%
Adani Green Energy LtdEnergy & UtilitiesEquity1.62%
ABB India LtdIndustrialsEquity1.60%
Punjab National BankFinancialEquity1.58%
Union Bank of IndiaFinancialEquity1.46%
Godrej Consumer Products LtdConsumer StaplesEquity1.46%
Siemens LtdDiversifiedEquity1.43%
Macrotech Developers LtdReal EstateEquity1.32%
Muthoot Finance LtdFinancialEquity1.28%
Hyundai Motor India Ltd.Consumer DiscretionaryEquity1.26%
Shree Cement LtdMaterialsEquity1.25%
Zydus Lifesciences LtdHealthcareEquity1.15%
Siemens Energy India LtdEnergy & UtilitiesEquity1.15%
Hindustan Zinc LtdMaterialsEquity1.13%
Ambuja Cements LtdMaterialsEquity1.01%
Mazagon Dock Shipbuilders LtdIndustrialsEquity0.75%
TATA CAPITAL LIMITED EQFinancialEquity0.73%
Indian Railway Finance Corporation LtdFinancialEquity0.66%
Net PayablesUnspecifiedNet Payables-3.99%
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+16.7%+11.4%+12.7%+14.0%
Category average (Equity Large Cap)+15.1%+15.0%+13.2%--
Rank (Equity Large Cap)33----

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.

SA
Sasikant Aravamuthan
Jul 2026 - Present
View details

Education
PGDBA - ICFA Business School Chennai, B.Sc. Zoology Loyola College Chennai.
Experience
Prior to joining the LIC AMC, he was associated with Nomura Financial Advisory & Securities Pvt. Ltd, Reliance Securities Limited and CIMB Securities India Pvt 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 ₹51,563 Cr and the Latest NAV as of 18 Sep 2026 is ₹59.22. 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₹51,562.63 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,