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LIC MF Nifty 50 Index Fund-IDCW LIC MF Nifty 50 Index Fund-IDCW

LIC MF Nifty 50 Index Fund - Investment Information

  • ₹47.96 (-1.52%)

    Current NAV 20-12-2024

  • 9.96%

    Returns

  • Min. SIP ₹1000

    Min. Investment ₹5000

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Investment Objective

to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans, by investing in the respective index stocks subject to tracking errors

Basic Details

Key Information About Investing Details.

  • CategoryIndex Fund
  • KRAKARVY
  • Inv. PlanIDCW
  • Launched In05-Jan-04
  • BenchmarkNIFTY 50 TRI
  • Fund TypeOpen Ended
  • Fund HouseLIC Mutual Fund

Investment Details

Check the Fund’s General Information

  • Fund size318.97 Cr.
  • Min. Investment₹5000
  • Min. Sip Inv.₹1000
  • Min. Addl Inv.₹500
  • Expense Ratio1.01%
  • Turn over%
  • Exit LoadLIC MF Nifty 50 Index Fund - IDCW charges 0.25% of sell value; if fund sold before 7 days. There are no other charges.

Fund Managers

Details of Managers and their Experience

Sumit Bhatnagar-manager-image
Sumit Bhatnagar

Fund Manage : 6

Total AUM. : ₹1,786 Cr.

AMC Office Information

Registered Office of Mutual Fund Company

  • AMCLIC Mutual Fund
  • Emailcs.co@licmf.com
  • Office No022-66016000
  • Websitehttps://www.licmf.com
  • Address4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
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  • Conservative investment styleConservative

Frequently Asked Questions

What is a mutual fund?

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

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