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Fincash » Mutual Funds » LIC MF Index Fund Nifty

LIC MF Index Fund Nifty - G

NAV  ₹65.5392 ↓ 0.17   (0.27 %) as on 14 Nov 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 12.3% 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 14 Nov 19₹65.5392 ↓ 0.17   (0.27 %)
Net Assets (AUM) as on 30 Sep 2019 ₹28 Cr.
Launch Date14 Nov 2002
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio-1.12
Expense Ratio0.96 %
Sharpe Ratio0.183
Information Ratio-4.65
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 14 Nov 19

DurationReturns
1 Month 4.8%
3 Month 7.7%
6 Month 6.4%
1 Year 12.6%
3 Year 12.5%
5 Year 7%
10 Year
15 Year
Since launch 12.3%

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 Oct 14₹10,000
31 Oct 15₹9,686
31 Oct 16₹10,346
31 Oct 17₹12,346
31 Oct 18₹12,347
31 Oct 19₹14,163
LIC MF Index Fund Nifty Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.51%
Equity99.49%
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
11%₹3 Cr25,823
↓ -82
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE
10%₹3 Cr20,463
↓ -63
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFC
7%₹2 Cr10,297
↓ -57
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
6%₹2 Cr38,553
↓ -288
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
5%₹1 Cr21,877
↓ -180
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
5%₹1 Cr6,273
↓ -25
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
5%₹1 Cr51,453
↓ -208
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK
4%₹1 Cr8,010
↓ -33
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
4%₹1 Cr7,403
↓ -30
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹1 Cr13,305
↑ 1,165
1 - 10 of 52
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Fund Managers

NameSinceTenure
Ritu Modi1 Nov 190 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
₹65.5392
↑ 0.17
6.4 %12.6 %12.5 %7.04 %
LIC MF Index Fund Nifty
Normal Dividend, Payout
₹24.1771
↑ 0.06
6.4 %12.6 %12.51 %7.04 %
LIC MF Index Fund Nifty
Normal Dividend, Reinvestment
₹24.1771
↑ 0.06
6.4 %12.6 %12.51 %7.04 %
Data as on 14 Nov 19

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