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Scheme Snapshot - LIC MF Nifty Next 50 Index Fund - Direct Plan

Fund	LIC Nifty Next 50DP (I)
NAV (Jul 28th, 2023)	36.55
Class	Equity - Index Fund
Type	Open Ended
Inception Date	Jan 1st, 2013
Fund Manager	Ms.Nisha Sharma

Fund	LIC Nifty Next 50DP (I)
Initial Price	10
Min.Inv.Amount	5,000
Entry Load	Nil%
Exit Load	Nil%

Objectives

The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme

Percentage Returns

Returns in %	1 Month Ago	3 Months Ago	1 Year Ago	3 Year Ago
LIC Nifty Next 50DP (I)	4%	14.37%	12.19%	72.57

Amount Returns (Rs. cr.)

1 Month Ago	3 Months Ago	1 Year Ago	3 Year Ago
35.14	31.95	32.58	21.18

Contact Details

Head Office
Address	4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai, Maharashtra, India, 400020
Email	[email protected]
Website	http://www.licmf.com
Fax	22843660
Phone	66016000

Registrar

KFIN Technologies Pvt. Ltd.

IFSC Code
Currency

Source: Dion Global Solutions Ltd

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