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Fincash » Mutual Funds » LIC MF Index Fund Nifty

LIC MF Index Fund Nifty - G

NAV  ₹59.7701 ↓ 0.48   (0.81 %) as on 23 Aug 19

Scheme Objective

The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors.

LIC MF Index Fund Nifty is a Others - Index Fund fund launched on 14 Nov 02. It is a fund with Moderately High risk and has given a CAGR return of 11.9% since its launch.  Ranked 80 in Index Fund category.  Return for 2018 was 2.6% , 2017 was 28.6% and 2016 was 2.7% .

Below is the key information for LIC MF Index Fund Nifty

NAV as on 23 Aug 19₹59.7701 ↓ 0.48   (0.81 %)
Net Assets (AUM) as on 31 Jul 2019 ₹27 Cr.
Launch Date14 Nov 2002
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio-1.18
Expense Ratio0.96 %
Sharpe Ratio-0.31
Information Ratio-4.95
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-1 Months (1%),1 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19

DurationReturns
1 Month -4.2%
3 Month -6.6%
6 Month 0.8%
1 Year -6.2%
3 Year 7.6%
5 Year 6.3%
10 Year
15 Year
Since launch 11.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 2.6%
2017 28.6%
2016 2.7%
2015 -4.1%
2014 31.1%
2013 6.5%
2012 27.7%
2011 -23.9%
2010 18.2%

Growth of 10k Over Years

DateValue
31 Jul 14₹10,000
31 Jul 15₹11,036
31 Jul 16₹11,148
31 Jul 17₹12,968
31 Jul 18₹14,515
31 Jul 19₹14,228
LIC MF Index Fund Nifty Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.39%
Equity99.61%
LIC MF Index Fund Nifty Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
Banks - Regional - Asia11%₹3 Cr13,027
↑ 278
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE
Oil & Gas Refining & Marketing9%₹2 Cr20,657
↑ 370
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFC
Specialty Finance8%₹2 Cr10,379
↑ 627
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
Information Technology Services7%₹2 Cr22,918
↑ 338
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
Banks - Regional - Asia6%₹2 Cr38,930
↑ 603
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
Tobacco5%₹1 Cr51,780
↑ 780
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
Information Technology Services5%₹1 Cr6,314
↑ 89
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK
Banks - Regional - Asia4%₹1 Cr8,064
↑ 115
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
Engineering & Construction4%₹1 Cr7,451
↑ 105
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
Banks - Regional - Asia3%₹1 Cr12,328
↑ 844
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Fund Managers

NameSinceTenure
Yogesh Patil1 Oct 180.34 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
LIC MF Index Fund Nifty
Growth
₹59.7701
↑ 0.48
0.79 %-6.18 %7.63 %6.26 %
LIC MF Index Fund Nifty
Normal Dividend, Payout
₹22.0489
↑ 0.18
0.79 %-6.17 %7.63 %6.26 %
LIC MF Index Fund Nifty
Normal Dividend, Reinvestment
₹22.0489
↑ 0.18
0.79 %-6.17 %7.63 %6.26 %
Data as on 23 Aug 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.