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

Add To Compare

previously known as IDBI Nifty Next 50 Index Dir Gr until

54.568 (0.461%)
NAV on November 14, 2024
Category Equity:
Index Funds
Investment StyleBox
Large Growth
Total Assets 94 cr
Turnover Ratio 17.23%
Expense Ratio 0.32%
Exit Load -
Returns
  • 1M: -10.83%
  • 1Y: 46.57%
  • 3M: -5.93%
  • 3Y: 15.57%
  • 6M: 3.32%
  • 5Y: 19.31%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Sumit Bhatnagar (Since about 1 year)
ISIN INF397L01AW2
Fund Family IDBI
P/E Ratio 22.90
P/B Ratio 3.56
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 -0.34
Beta 0.99
R-Squared 100.00
Info Ratio -2.90
Tracking Err 0.16
Sortino 1.193
Sharpe 0.733
Std Dev 17.912
Risk -
SECTOR WEIGHTINGS (%)
Financial 22.64%
Industrial 18.57%
Technology 2.83%
Basic Materials 12.4%
Consumer Cyclical 9.38%
Utilities Services 9.71%
Healthcare Services 6.93%
Energy Services 2.88%
Communication Services 3.15%
Consumer Defensive 8.24%
Real Estate 3.27%
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
-


Other plans of LIC MF Nifty Next 50 Index Fund


Other Equity funds by IDBI

Data Partner
Click here to visit AMC website and
read all scheme related documents IDBI Fund