LIC MF Nifty Next 50 Index Fund - Direct (G)

You can invest in LIC MF Nifty Next 50 Index Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹5,000 and the minimum SIP amount is ₹100.

The latest NAV of LIC MF Nifty Next 50 Index Fund - Direct (G) is ₹59.02.

LIC MF Nifty Next 50 Index Fund - Direct (G) manages assets worth ₹112.27 Cr.

The expense ratio of LIC MF Nifty Next 50 Index Fund - Direct (G) is 0.32%.

The exit load applicable on LIC MF Nifty Next 50 Index Fund - Direct (G) is Nil w.e.f. September 01, 2014..

As per the riskometer, LIC MF Nifty Next 50 Index Fund - Direct (G) carries Very High risk.

LIC MF Nifty Next 50 Index Fund - Direct (G) is managed by LIC Mutual Fund.

LIC MF Nifty Next 50 Index Fund - Direct (G) belongs to the Index Fund category.

LIC MF Nifty Next 50 Index Fund - Direct (G) is benchmarked against the Nifty Next 50 TRI.

LIC MF Nifty Next 50 Index Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

LIC MF Nifty Next 50 Index Fund - Direct (G) was launched on 01 Jan 2013.

After the initial investment, you can invest in LIC MF Nifty Next 50 Index Fund - Direct (G) in further multiples of ₹500.

To invest only in and all the stocks comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.