LIC MF Nifty Next 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹53.33-0.16%1 day
- Return since launch
- 10.9%
- 52-week range
- ₹44.79 — ₹55.67
- AUM
- ₹109 Cr
LIC MF Nifty Next 50 Index Fund is a Large Cap Index equity fund from LIC Mutual Fund with ₹109 Cr under management, launched in 2010. Over three years it has returned 6.1% a year, against 11.5% for its category. The expense ratio is 0.91% and the SEBI riskometer reading is Very High.
Performance
LIC MF Nifty Next 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.7% against -1.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.3% | +6.2 pts | 0.1% | 5.5% |
| 2Y | 6.1% | +2.0 pts | 4.1% | 3.4% |
| 3Y | 6.1% | −5.4 pts | 11.5% | 4.0% |
| 5Y | 11.7% | +3.0 pts | 8.7% | 7.5% |
| 7Y | 13.6% | +2.9 pts | 10.7% | 10.2% |
| 10Y | 12.5% | +0.6 pts | 11.9% | 10.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.2% | −5.1 pts | 8.3% | 10.2% |
| 3M | -4.1% | −3.6 pts | -0.5% | 0.9% |
| 6M | 0.1% | −1.9 pts | 2.0% | 5.2% |
| 1Y | 3.7% | +3.6 pts | 0.1% | -2.1% |
| 2Y | 1.0% | −0.5 pts | 1.4% | 1.9% |
| 3Y | 16.2% | +4.7 pts | 11.5% | 9.6% |
| 5Y | 10.4% | +1.8 pts | 8.7% | 7.2% |
| 7Y | 13.7% | +3.6 pts | 10.1% | 11.2% |
| 10Y | 11.9% | 0.0 pts | 11.9% | 11.7% |
Since launch (2 Sep 2010): 10.9%
Calendar-year returns
Category average13.7%
29.6%
0.4%
25.7%
26.7%
2.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.0% | −6.6 pts | 8.6% |
| 2024 | 26.7% | +12.3 pts | 14.4% |
| 2023 | 25.7% | +0.9 pts | 24.8% |
| 2022 | 0.4% | −3.7 pts | 4.1% |
| 2021 | 29.6% | +2.7 pts | 26.9% |
| 2020 | 13.7% | −2.7 pts | 16.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.91%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.70%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.20%
- Exit load
- Exit load of 1% if redeemed within 30 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Next 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 5.57 | 5.71 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.27 | 1.27 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.53 | 0.54 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.72 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.38 | 20.40 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
LIC MF Nifty Next 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.8%
- Other0.2%
Market cap split
- Large95.3%
- Mid4.7%
- P/E
- 18.06
- P/B
- 3.20
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 4.90% | ₹5.36 Cr | +3.43% | +3.55% | +3.17% |
| TVS Motor Company Ltd. | Automobile | 4.00% | ₹4.38 Cr | +3.30% | +3.71% | +3.54% |
| Hindustan Aeronautics Ltd. | Capital Goods | 3.67% | ₹4.02 Cr | +3.41% | +3.10% | +3.95% |
| Tata Motors Ltd. | Automobile | 3.66% | ₹4.00 Cr | +3.62% | +3.83% | — |
| Adani Power Ltd. | Energy | 3.51% | ₹3.84 Cr | +3.79% | +2.92% | +2.51% |
| Samvardhana Motherson International Ltd. | Automobile | 2.99% | ₹3.27 Cr | +2.67% | +2.18% | +2.06% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.92% | ₹3.20 Cr | +1.97% | +2.07% | +1.66% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.91% | ₹3.18 Cr | +3.16% | +2.72% | +2.97% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.69% | ₹2.94 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 2.67% | ₹2.92 Cr | +3.13% | +2.57% | — |
| Bharat Petroleum Corporation Ltd. | Energy | 2.55% | ₹2.78 Cr | +2.51% | +2.68% | +2.89% |
| Avenue Supermarts Ltd. | Services | 2.54% | ₹2.78 Cr | +2.88% | +2.74% | +2.88% |
| Tata Power Company Ltd. | Energy | 2.49% | ₹2.72 Cr | +2.63% | +2.98% | +2.87% |
| Varun Beverages Ltd. | Consumer Staples | 2.45% | ₹2.68 Cr | +2.83% | +2.47% | +2.63% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.43% | ₹2.66 Cr | +2.65% | +2.11% | +2.22% |
| Britannia Industries Ltd. | Consumer Staples | 2.36% | ₹2.59 Cr | +2.47% | +3.00% | +3.10% |
| Indian Oil Corporation Ltd. | Energy | 2.09% | ₹2.29 Cr | +2.12% | +2.38% | +2.45% |
| Solar Industries India Ltd. | Chemicals | 1.99% | ₹2.17 Cr | +1.85% | +1.38% | +1.39% |
| Power Finance Corporation Ltd. | Financial | 1.96% | ₹2.14 Cr | +2.51% | +2.59% | +2.62% |
| Bajaj Holdings & Investment Ltd. | Financial | 1.94% | ₹2.12 Cr | +1.87% | +1.78% | +2.33% |
| HDFC Asset Management Company Ltd. | Financial | 1.93% | ₹2.11 Cr | +2.21% | +1.92% | — |
| GAIL (India) Ltd. | Energy | 1.91% | ₹2.09 Cr | +1.90% | +1.74% | +2.10% |
| Pidilite Industries Ltd. | Chemicals | 1.88% | ₹2.06 Cr | +2.01% | +1.87% | +1.99% |
| Vedanta Ltd. | Metals & Mining | 1.85% | ₹2.03 Cr | +1.94% | +5.22% | +3.46% |
| Wipro Ltd. | Technology | 1.80% | ₹1.97 Cr | — | — | — |
| DLF Ltd. | Construction | 1.79% | ₹1.96 Cr | +1.62% | +1.52% | +2.02% |
| Adani Energy Solutions Ltd. | Energy | 1.79% | ₹1.96 Cr | +1.99% | +1.52% | +1.33% |
| Adani Green Energy Ltd. | Capital Goods | 1.78% | ₹1.95 Cr | +2.04% | +1.27% | +1.39% |
| Bank Of Baroda | Financial | 1.77% | ₹1.94 Cr | +2.05% | +2.15% | +2.10% |
| Jindal Steel Ltd. | Metals & Mining | 1.74% | ₹1.90 Cr | +1.60% | +1.94% | +1.74% |
| Bosch Ltd. | Automobile | 1.70% | ₹1.86 Cr | +1.40% | +1.17% | +1.46% |
| Canara Bank | Financial | 1.66% | ₹1.82 Cr | +1.72% | +1.95% | +1.83% |
| Punjab National Bank | Financial | 1.61% | ₹1.76 Cr | +1.49% | +1.62% | +1.71% |
| LTM Limited | Technology | 1.56% | ₹1.71 Cr | +1.33% | +1.75% | +2.09% |
| ABB India Ltd. | Capital Goods | 1.47% | ₹1.61 Cr | +1.50% | +1.46% | +1.20% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.42% | ₹1.55 Cr | +1.65% | +1.86% | +2.07% |
| Polycab India Ltd. | Capital Goods | 1.38% | ₹1.51 Cr | — | — | — |
| Union Bank of India | Financial | 1.37% | ₹1.50 Cr | +1.36% | +1.45% | — |
| Siemens Ltd. | Capital Goods | 1.37% | ₹1.50 Cr | +1.29% | +1.22% | +1.22% |
| Muthoot Finance Ltd. | Financial | 1.22% | ₹1.33 Cr | +1.31% | +1.50% | — |
| Hitachi Energy India Ltd. | Capital Goods | 1.20% | ₹1.32 Cr | — | — | — |
| Zydus Lifesciences Ltd. | Healthcare | 1.20% | ₹1.32 Cr | +1.13% | +1.02% | +1.08% |
| Hyundai Motor India Ltd. | Automobile | 1.20% | ₹1.31 Cr | +1.10% | +1.19% | +1.61% |
| Siemens Energy India Ltd. | Energy | 1.17% | ₹1.28 Cr | +1.32% | +1.06% | +1.30% |
| Vodafone Idea Ltd. | Communication | 1.16% | ₹1.27 Cr | — | — | — |
| Hindustan Zinc Ltd. | Metals & Mining | 1.13% | ₹1.23 Cr | +1.04% | +1.02% | +0.89% |
| Ambuja Cements Ltd. | Materials | 0.96% | ₹1.05 Cr | +1.08% | +1.15% | +1.56% |
| Tata Capital Ltd. | Financial | 0.72% | ₹0.79 Cr | +0.76% | +0.50% | — |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.66% | ₹0.72 Cr | +0.77% | +0.74% | +0.89% |
| Indian Railway Finance Corporation Ltd. | Financial | 0.66% | ₹0.72 Cr | +0.74% | +0.83% | +0.97% |
| Others | Others | 0.18% | ₹0.20 Cr | +0.19% | -0.25% | -0.07% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -3.99% | -0.02% | +3.97% |
| Vedanta Aluminium Metal Ltd. | 0.00% | 2.69% | +2.69% |
| The Indian Hotels Company Ltd. | 2.59% | 0.00% | -2.59% |
| Wipro Ltd. | 0.00% | 1.80% | +1.80% |
| United Spirits Ltd. | 1.75% | 0.00% | -1.75% |
| REC Ltd. | 1.62% | 0.00% | -1.62% |
| Polycab India Ltd. | 0.00% | 1.38% | +1.38% |
| Lodha Developers Ltd. | 1.32% | 0.00% | -1.32% |
| Shree Cement Ltd. | 1.25% | 0.00% | -1.25% |
| Hitachi Energy India Ltd. | 0.00% | 1.20% | +1.20% |
| Vodafone Idea Ltd. | 0.00% | 1.16% | +1.16% |
| Cholamandalam Investment and Finance Company Ltd. | 3.22% | 2.91% | -0.31% |
| Tata Motors Ltd. | 3.95% | 3.66% | -0.29% |
| Varun Beverages Ltd. | 2.19% | 2.45% | +0.26% |
| HDFC Asset Management Company Ltd. | 2.15% | 1.93% | -0.22% |
| Adani Power Ltd. | 3.30% | 3.51% | +0.21% |
| Pidilite Industries Ltd. | 2.09% | 1.88% | -0.21% |
| Tata Power Company Ltd. | 2.31% | 2.49% | +0.18% |
| Adani Green Energy Ltd. | 1.62% | 1.78% | +0.16% |
| LTM Limited | 1.69% | 1.56% | -0.13% |
| ABB India Ltd. | 1.60% | 1.47% | -0.13% |
| Britannia Industries Ltd. | 2.48% | 2.36% | -0.12% |
| Cummins India Ltd. | 2.77% | 2.67% | -0.10% |
| Mazagon Dock Shipbuilders Ltd. | 0.75% | 0.66% | -0.09% |
| Union Bank of India | 1.46% | 1.37% | -0.09% |
| CG Power and Industrial Solutions Ltd. | 2.52% | 2.43% | -0.09% |
| Bharat Petroleum Corporation Ltd. | 2.63% | 2.55% | -0.08% |
| Bajaj Holdings & Investment Ltd. | 2.02% | 1.94% | -0.08% |
| TVS Motor Company Ltd. | 4.08% | 4.00% | -0.08% |
| Divi's Laboratories Ltd. | 4.83% | 4.90% | +0.07% |
| Adani Energy Solutions Ltd. | 1.86% | 1.79% | -0.07% |
| Hyundai Motor India Ltd. | 1.26% | 1.20% | -0.06% |
| Muthoot Finance Ltd. | 1.28% | 1.22% | -0.06% |
| Siemens Ltd. | 1.43% | 1.37% | -0.06% |
| Zydus Lifesciences Ltd. | 1.15% | 1.20% | +0.05% |
| Ambuja Cements Ltd. | 1.01% | 0.96% | -0.05% |
| Torrent Pharmaceuticals Ltd. | 2.97% | 2.92% | -0.05% |
| Godrej Consumer Products Ltd. | 1.46% | 1.42% | -0.04% |
| Samvardhana Motherson International Ltd. | 3.03% | 2.99% | -0.04% |
| Vedanta Ltd. | 1.89% | 1.85% | -0.04% |
| Canara Bank | 1.70% | 1.66% | -0.04% |
| Bosch Ltd. | 1.73% | 1.70% | -0.03% |
| Avenue Supermarts Ltd. | 2.51% | 2.54% | +0.03% |
| Punjab National Bank | 1.58% | 1.61% | +0.03% |
| Jindal Steel Ltd. | 1.77% | 1.74% | -0.03% |
| Solar Industries India Ltd. | 1.96% | 1.99% | +0.03% |
| Siemens Energy India Ltd. | 1.15% | 1.17% | +0.02% |
| Indian Oil Corporation Ltd. | 2.08% | 2.09% | +0.01% |
| Hindustan Aeronautics Ltd. | 3.66% | 3.67% | +0.01% |
| GAIL (India) Ltd. | 1.92% | 1.91% | -0.01% |
| DLF Ltd. | 1.78% | 1.79% | +0.01% |
| Tata Capital Ltd. | 0.73% | 0.72% | -0.01% |
| Hindustan Zinc Ltd. | 1.13% | 1.13% | 0.00% |
| Bank Of Baroda | 1.77% | 1.77% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.66% | 0.66% | 0.00% |
| Power Finance Corporation Ltd. | 1.96% | 1.96% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,611 Cr | 0.74% | 6.0% | 6.1% | 11.9% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 6.1% | 6.0% | 11.8% |
 SBI Nifty Next 50 Index Fund | ₹2,318 Cr | 0.80% | 6.1% | 6.0% | 11.8% |
 DSP Nifty Next 50 Index Fund | ₹1,350 Cr | 1.03% | 6.0% | 6.0% | 11.8% |
 Kotak Nifty Next 50 Index Fund | ₹1,289 Cr | 0.68% | 6.2% | 6.1% | 11.9% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹801 Cr | 0.30% | 5.9% | 6.2% | 12.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Nikhil KapoorExecutive MBA IIM Indore, Post Graduate Diploma in Business Management - NMIMS, Bachelor of Management Studies.Prior to joining the LIC MF, he was associated with JM Financial Servies Ltd.
- Sasikant AravamuthanPGDBA - ICFA Business School Chennai, B.Sc. Zoology Loyola College Chennai.Prior to joining the LIC AMC, he was associated with Nomura Financial Advisory & Securities Pvt. Ltd, Reliance Securities Limited and CIMB Securities India Pvt Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months0.14% absolute | ₹60,000 | ₹60,084 | 0.14% | |
| 1 year3.67% annualised | ₹1,20,000 | ₹1,22,412 | 2.01% | |
| 3 years16.22% annualised | ₹3,60,000 | ₹4,66,004 | 29.45% | |
| 5 years10.43% annualised | ₹6,00,000 | ₹7,90,042 | 31.67% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of LIC MF Nifty Next 50 Index Fund?
The NAV of LIC MF Nifty Next 50 Index Fund is ₹53.33 as on 6 Nov 2026.
What is the expense ratio of LIC MF Nifty Next 50 Index Fund?
The expense ratio of LIC MF Nifty Next 50 Index Fund is 0.91% per year.
What is the minimum SIP amount for LIC MF Nifty Next 50 Index Fund?
You can start a SIP in LIC MF Nifty Next 50 Index Fund with ₹3,000 a month.
What returns has LIC MF Nifty Next 50 Index Fund given?
LIC MF Nifty Next 50 Index Fund has returned 6.3% over 1 year, 6.1% over 3 years and 11.7% over 5 years (annualised).
Is there a lock-in or exit load on LIC MF Nifty Next 50 Index Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 30 days.
How risky is LIC MF Nifty Next 50 Index Fund?
LIC MF Nifty Next 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages LIC MF Nifty Next 50 Index Fund?
LIC MF Nifty Next 50 Index Fund is managed by LIC Mutual Fund, which runs 33 schemes with ₹50,860 Cr under management.