| APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | DEC 2025 | NOV 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 54 | 50 | 51 | 51 | 51 | 51 |
| Top 5 Company Holdings | 17.22% | 19.41% | 19.05% | 19.3% | 18.49% | 17.9% |
| Top 10 Company Holdings | 31.32% | 33.77% | 33.62% | 33.65% | 33.07% | 32.43% |
| Company with Highest Exposure | Adani Power (3.73%) | Vedanta (5.22%) | Vedanta (5.23%) | Vedanta (5.1%) | Vedanta (4.42%) | Vedanta (3.86%) |
| Number of Sectors | 12 | 12 | 13 | 13 | 13 | 13 |
| Top 3 Sector Holdings | 51.12% | 48.55% | 46.0% | 45.21% | 45.39% | 46.16% |
| Top 5 Sector Holdings | 72.17% | 69.64% | 64.72% | 63.77% | 64.14% | 64.5% |
| Sector with Highest Exposure | Financial (20.37%) | Financial (20.8%) | Financial (17.53%) | Financial (17.38%) | Financial (17.15%) | Financial (17.29%) |
(Scheme Rating)
LIC MF Nifty Next 50 Index Fund Direct-Growth
NAV as of Jun 09, 2026
57.121.39%
(Earn upto 0.54% Extra Returns with Direct Plan)
Investment Growth
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LIC MF Nifty Next 50 Index Fund Direct-Growth Fund Details
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 House | LIC Mutual Fund |
| Launch Date | Jan 01, 2013 |
| Benchmark | NIFTY Next 50 Total Return Index |
| Return Since Launch | 13.99% |
| Riskometer | Very High |
| Fund Category | Equity: Large Cap |
| Expense Ratio | 0.51%(0.58% Category average) |
| Fund Size | Rs. 103.38 Cr(0.02% of Investment in Category) |
| Type | Open-ended |
| Risk Grade | Above Average |
| Return Grade | Above Average |
LIC MF Nifty Next 50 Index Fund Direct-Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 200.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load | 0% |
LIC MF Nifty Next 50 Index Fund Direct-Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the LIC MF Nifty Next 50 Index Fund - Direct Plan as of Jun 09, 2026 is Rs 57.12 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 7.3% (1yr), 19.55% (3yr), 14.06% (5yr) and 14.16% (since launch). Whereas, Category returns for the same time duration are: -1.04% (1yr), 12.05% (3yr) and 10.79% (5yr).
3. Fund Size: The LIC MF Nifty Next 50 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 103.38 crore as on Apr 30, 2026.
4. Expense ratio: The expense ratio of the fund is 0.51% for Direct plan as on May 29, 2026.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 200.
1. Current NAV: The Current Net Asset Value of the LIC MF Nifty Next 50 Index Fund - Direct Plan as of Jun 09, 2026 is Rs 57.12 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 7.3% (1yr), 19.55% (3yr), 14.06% (5yr) and 14.16% (since launch). Whereas, Category returns for the same time duration are: -1.04% (1yr), 12.05% (3yr) and 10.79% (5yr).
3. Fund Size: The LIC MF Nifty Next 50 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 103.38 crore as on Apr 30, 2026.
4. Expense ratio: The expense ratio of the fund is 0.51% for Direct plan as on May 29, 2026.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 200.
LIC MF Nifty Next 50 Index Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -2.17 6.04 3.52 2.38 18.28 13.08 Category Avg -3.21 -0.49 -6.18 -4.15 11.32 10.30 Rank within Category 24 12 15 9 11 13 No. of funds within Category 185 183 179 166 133 101
Return Comparison
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Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Adani Power Energy 3.73 - - - Tata Motors Automobile 3.45 - - - Divi's Laboratories Healthcare 3.36 - - - Hindustan Aero Capital Goods 3.35 - - - TVS Motor Company Automobile 3.33 - - - Tata Power Company Energy 3.03 - - - Varun Beverages Consumer Staples 2.86 - - - Avenue Supermarts Services 2.75 - - - Britannia Industries Consumer Staples 2.74 - - - Cholamandalam Investment and Finance Company Financial 2.72 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y LIC MF Nifty Next 50 Index Fund Direct-Growth 57.12 103.38 -2.17 2.38 18.28 13.08 DSP Large Cap Fund Direct-Growth 484.96 7,192.01 -3.52 -6.97 13.22 11.16 ICICI Prudential Large Cap Fund Direct-Growth 114.77 76,296.98 -3.64 -5.02 13.49 13.25 DSP Nifty 50 Equal Weight Index Fund Direct - Growth 26.59 2,522.51 -2.64 1.97 14.33 13.29 Invesco India Largecap Fund Direct-Growth 82.02 1,721.89 -1.89 -1.64 14.84 13.50
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
High Volatality
20.09VS15.35Fund Vs Category Avg
Beta
High Volatality
1.28VS1.02Fund Vs Category Avg
Sharpe Ratio
Better risk-adjusted returns
0.70VS0.46Fund Vs Category Avg
Treynor's Ratio
Better risk-adjusted returns
10.99VS6.98Fund Vs Category Avg
Jensen's Alpha
Better risk-adjusted returns
6.67VS1.51Fund Vs Category Avg
Mean Return
Better average monthly returns
19.94VS13.30Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
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Fund Manager
- K.M.Kedarnath MirajkarSince Jun 2025
- S.A.Shyam AgarwalSince Jun 2025
Mr. Mirajkar has done PGDBM (Finance) Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Zerodha Gold ETF FoF Direct-Growth Gold 19.66 328.73 52.77 Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund Direct-Growth Aggressive Hybrid 9.84 Unrated 15.01 - Zerodha Nifty MidSmallcap400 50:50 Index Fund Direct-Growth Mid Cap 10.61 Unrated 7.89 - Zerodha Nifty Short Duration G-Sec Index Fund Direct-Growth Short Duration 1,015.26 Unrated 17.86 - Zerodha BSE SENSEX Index Fund Direct-Growth Large Cap 8.83 Unrated 15.53 - Zerodha Nifty 50 Index Fund Direct-Growth Large Cap 9.20 Unrated 53.68 - Zerodha Overnight Fund Direct-Growth Overnight 10.64 Unrated 165.35 5.21 Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund Direct-Growth ELSS 13.73 Unrated 265.70 -1.36 Zerodha Nifty Large Midcap 250 Index Fund Direct-Growth Large & MidCap 13.70 Unrated 1,410.18 -1.44 Mr. Agarwal has done B.Com Prior to joining Zerodha Mutual Fund, he has worked with Smallcase, True Beacon, Xavierian Debating Society, The Economic Transcript
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Zerodha Gold ETF FoF Direct-Growth Gold 19.66 328.73 52.77
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FAQs about LIC MF Nifty Next 50 Index Fund Direct-Growth
- Is it safe to invest in LIC MF Nifty Next 50 Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the LIC MF Nifty Next 50 Index Fund - Direct Plan comes under Very High risk category.
- What is the category of LIC MF Nifty Next 50 Index Fund - Direct Plan?LIC MF Nifty Next 50 Index Fund - Direct Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in LIC MF Nifty Next 50 Index Fund - Direct Plan?The suggested investment horizon of investing into LIC MF Nifty Next 50 Index Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the LIC MF Nifty Next 50 Index Fund - Direct Plan?The LIC MF Nifty Next 50 Index Fund - Direct Plan is managed by Nikhil Kapoor (Since Apr 07, 2026).
About LIC MF Nifty Next 50 Index Fund Direct-Growth
1. LIC MF Nifty Next 50 Index Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to LIC Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Next 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.53% in equities, 0.0% in debts and 0.47% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 31.32% of the assets, the top 3 sectors constitute around 51.12% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on LIC MF Nifty Next 50 Index Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. LIC MF Nifty Next 50 Index Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to LIC Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Next 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.53% in equities, 0.0% in debts and 0.47% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 31.32% of the assets, the top 3 sectors constitute around 51.12% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on LIC MF Nifty Next 50 Index Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.