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Home › Mutual Funds › IDBI Mutual Fund › LIC MF Nifty Next 50 Index Fund Direct Growth
Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

LIC MF Nifty Next 50 Index Fund Direct Growth

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previously known as IDBI Nifty Next 50 Index Dir Gr until

NAV: ₹61.214 (-0.286%)
NAV on August 14, 2026
Category Equity:
Index Funds
Investment StyleBox
Total Assets ₹111 cr
Turnover Ratio 71.25%
Expense Ratio 0.34%
Exit Load -
Returns
  • 1M: Positive return: 3.91%
  • 1Y: Positive return: 12.98%
  • 3M: Positive return: 7.16%
  • 3Y: Positive return: 19.78%
  • 6M: Positive return: 9.16%
  • 5Y: Positive return: 14.18%
Min Investment ₹5,000
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ADDITIONAL INFO
Fund Manager Nikhil Kapoor (Since 4 months) Sasikant Aravamuthan (Since about 2 months)
ISIN INF397L01AW2
Fund Family IDBI
P/E Ratio 20.46
P/B Ratio 3.34
Launch Date January 01, 2013
Benchmark Nifty Next 50 TR INR

Asset Allocation

  • Equity: 99.9%
  • Debt: 0.1%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Next 50 TR INR

Alpha -0.29
Beta 1.00
R-Squared 99.99
Info Ratio -1.57
Tracking Err 0.25
Sortino 0.969
Sharpe 0.625
Std Dev 20.024
Risk -
SECTOR WEIGHTINGS (%)
Financial 20.5%
Industrial 12.29%
Technology 1.6%
Basic Materials 10.58%
Consumer Cyclical 15.41%
Utilities Services 12.99%
Healthcare Services 8.13%
Energy Services 4.63%
Communication Services 0.00%
Consumer Defensive 10.86%
Real Estate 3.02%
INVESTMENT OBJECTIVE

The investment objective of the scheme is 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. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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