LIC MF Nifty Next 50 Index Fund
NAV
₹57.51
as of 6 Oct 2026
LIC MF Nifty Next 50 Index Fund is an open-ended Index Funds scheme from LIC Mutual Fund managing ₹112 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹57.51 as of 6 Oct 2026. The expense ratio is 0.32% a year. Managed by Nikhil Kapoor. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.32% / yr
- as of 31 Aug 2026
- Fund size
- ₹112 crore
- as of 31 Aug 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 20 Sept 2010
- ISIN
- INF397L01AW2
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty Next 50
LIC MF Nifty Next 50 Index Fund
₹165
+65% on ₹100 over 5.0 yrs
Index Funds average
₹162
+62% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -3.95% | -3.93% | -0.02 |
| 6 months | 5.30% | 4.99% | +0.31 |
| 1 year | 1.81% | 1.52% | +0.29 |
| 3 years (CAGR) | 16.10% | 15.99% | +0.11 |
| 5 years (CAGR) | 10.46% | 10.98% | -0.52 |
Category average across 14 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -11.2%
- Median
- 5.6%
- Best
- 71.0%
49 windows over the last 60 months, stepped monthly; 71% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 13.4%
- Median
- 18.2%
- Best
- 23.5%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.67
- Sharpe ratio (5Y)
- 0.43
- Sortino ratio (3Y)
- 1.03
- Standard deviation (3Y)
- 19.94%
- Deepest fall (5Y)
- -25.75%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-25.8%
Right now
-9.6% below peak
Where the money actually is
Equity
101.6%
Cash
-1.6%
Whole-portfolio split, as of 31 Aug 2026. The size split below covers only the equity slice of this.
What it owns
52 positions · top 10 = 34.4%
Market-cap mix (equity sleeve)
Large 88.3%Mid 13.3%
as of 31 Aug 2026
Holdings by sector
Financial Services(1 in top 10)20.1%
- Cholamandalam Investment and Finance Co Ltd3.22%
Consumer Cyclical(3 in top 10)16.6%
- TVS Motor Co Ltd4.08%
- Tata Motors Ltd3.95%
- Samvardhana Motherson International Ltd3.03%
Industrials(2 in top 10)12.7%
- Hindustan Aeronautics Ltd Ordinary Shares3.66%
- Cummins India Ltd2.77%
Utilities(1 in top 10)12.2%
- Adani Power Ltd3.30%
- Basic Materials11.1%
- Consumer Defensive10.4%
Healthcare(2 in top 10)8.9%
- Divi's Laboratories Ltd4.83%
- Torrent Pharmaceuticals Ltd2.97%
- Energy4.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 26.1% vs category 33.7% a year.
Other top holdings
- Net Receivables / (Payables)3.99%
Money in, money out
- Net flow, 12 months
- +₹3 cr
- Net flow, 3 months
- +₹2 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of LIC MF Nifty Next 50 Index Fund?
- ₹57.51 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of LIC MF Nifty Next 50 Index Fund?
- 0.32% a year for the Direct plan, as of 31 Aug 2026.
- How large is LIC MF Nifty Next 50 Index Fund?
- ₹112 crore under management as of 31 Aug 2026, in the Index Funds category.
- How risky is LIC MF Nifty Next 50 Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What are the 5-year returns of LIC MF Nifty Next 50 Index Fund?
- 10.46% a year over the last 5 years (Direct plan, CAGR), against a Index Funds average of 10.98%. Past returns do not predict future returns.
- What is the worst 3-year return of LIC MF Nifty Next 50 Index Fund?
- 13.4% a year – the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 18.2% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages LIC MF Nifty Next 50 Index Fund?
- Nikhil Kapoor, managing this fund for 0.4 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Index Funds funds
- UTI Nifty 50 Index Fund₹29,485 crore
- HDFC Nifty 50 Index Fund₹23,784 crore
- LIC MF Nifty 50 Index Fund₹366 crore
- HDFC Nifty India Consumption Index Fund₹115 crore
- Kotak NIFTY 100 Low Volatility 30 Index Fund₹114 crore
- DSP Nifty IT Index Fund₹112 crore
- DSP Nifty Private Bank Index Fund₹110 crore
- LIC MF BSE Sensex Index Fund₹91 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Next 50) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.