LIC MF Nifty Next 50 Index Fund
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.
Growthvine rating: 4/5 — ranked #35 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹50.36 (as of 2026-10-21) |
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| AUM | ₹112 Cr |
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| Expense ratio | 0.70% |
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| Riskometer | Very High |
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| Fund manager | Nikhil Kapoor |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.54 |
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| Standard deviation | 20.34% |
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| Max drawdown | −26.61% |
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| Alpha | 6.27 |
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| Beta | 1.26 |
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Market cap allocation
| Large cap | 95.3% |
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| Mid cap | 4.7% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 19.7% |
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| Top 10 holdings | 33.9% |
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| Total holdings | 50 |
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Top holdings
- Divis Laboratories Ltd. — 4.9%
- TVS Motor Company Ltd. — 4.0%
- Hindustan Aeronautics Limited — 3.7%
- Tata Motors Limited — 3.7%
- Adani Power Limited — 3.5%
- Samvardhana Motherson International Limited — 3.0%
- Torrent Pharmaceuticals Ltd. — 2.9%
- Cholamandalam Investment and Finance Company Ltd — 2.9%
- Vedanta Aluminium Metal Limited — 2.7%
- Cummins India Ltd. — 2.7%
Top sectors
- Automobile — 9.9%
- Energy — 9.6%
- Finance & Investments — 9.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −2.0% | — | — |
| 2025 | 2.0% | — | — |
| 2024 | 26.9% | — | — |