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LIC MF Nifty Next 50 Index Fund Direct Growth

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previously known as IDBI Nifty Next 50 Index Dir Gr until

51.606 (0.472%)
NAV on April 07, 2026
Category Equity:
Index Funds
Investment StyleBox
Large Blend
Total Assets 90 cr
Turnover Ratio 71.25%
Expense Ratio 0.38%
Exit Load -
Returns
  • 1M: -6.19%
  • 1Y: 6.80%
  • 3M: -10.38%
  • 3Y: 18.64%
  • 6M: -7.76%
  • 5Y: 13.04%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Sumit Bhatnagar (Since over 2 years)
ISIN INF397L01AW2
Fund Family IDBI
P/E Ratio 20.13
P/B Ratio 3.30
Launch Date January 01, 2013
Benchmark Nifty Next 50 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Next 50 TR INR

Alpha -0.42
Beta 1.00
R-Squared 100.00
Info Ratio -3.22
Tracking Err 0.17
Sortino 0.880
Sharpe 0.609
Std Dev 18.691
Risk -
SECTOR WEIGHTINGS (%)
Financial 20.36%
Industrial 10.26%
Technology 1.78%
Basic Materials 14.59%
Consumer Cyclical 11.69%
Utilities Services 12.07%
Healthcare Services 6.44%
Energy Services 6.23%
Communication Services 1.72%
Consumer Defensive 12.02%
Real Estate 2.85%
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.

View Factsheet
Top Index Funds Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Dsp
DSP Nifty 50 Equal Weight Index Fund Direct Growth
25.501 11.47% 2,471 cr 0.41% -


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