Index Fund

LIC MF Nifty 50 Index Fund

An open ended scheme replicating/tracking Nifty 50 Index

Official details checked 06 September 2026 · latest available AMFI NAV dated 04 Sep 2026
Reference NAV₹143.2541LIC MF Nifty 50 Index Fund - Direct Plan - Growth · NAV date 04 Sep 2026
RiskometerVery HighCan change monthly
Expense ratioRegular 1.06%, Direct 0.55%Official stated figure; verify current TER
Allotment / launch05-Dec-2002LIC Mutual Fund
Full official AMFI Scheme Summary Document available below.

Saved AMFI NAV is visible. Checking for the latest available AMFI report after page load · saved snapshot 04 Sep 2026.

Plain-language summary

Primarily market-linked growth exposure

The main investment objective of the fund is to generate returns commensurate with the performance of the index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.

Who may study it further

Investors with a long horizon who can tolerate meaningful falls in value.

Main risks to understand

Share-price volatility, valuation risk, concentration and tracking risk where applicable.

Not an income promise: The objective describes what the manager aims to do. It is not a guaranteed result, return or capital-protection statement.
Portfolio design

How the money may be invested

Equity / Equity Futures (in Nifty 50): 95-100%, Money Market and other liquid instruments, Mutual fund units: 0-5%. Please refer the Scheme Information Document for complete details.

SEBI category
Index Fund
Fund type
An open ended scheme replicating/tracking Nifty 50 Index
Primary benchmark
Nifty 50 TRI
Top holdings

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Live verificationLIC MF Nifty 50 Index FundConfirm the reporting month, security name, sector and percentage of net assets.
Fund management

Manager and scheme tenure

Fund manager(s)
Mr. Nikhil Kapoor · Mr. Sasikant Aravamuthan
Manager tenure on this scheme
Mr. Nikhil Kapoor — since Managing since7th April 2026 · Mr. Sasikant Aravamuthan — since 1st July 2026
Role / co-management
Mr. Nikhil Kapoor — Fund Manager · Mr. Sasikant Aravamuthan — Fund Manager

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Plans and options

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

Plan / option reported by AMFINAVDate
LIC MF Nifty 50 Index Fund - Direct Plan - Growth₹143.254104 Sep 2026
LIC MF Nifty 50 Index Fund - Direct Plan - IDCW₹52.780904 Sep 2026
LIC MF Nifty 50 Index Fund - Regular Plan - Growth₹132.167404 Sep 2026
LIC MF Nifty 50 Index Fund - Regular Plan - IDCW₹48.756204 Sep 2026
Costs and access

What you pay and how money moves

Stated expense ratio
Regular 1.06%, Direct 0.55%
Exit load
0.25% if redeemed or switch out on or before completion of 7 Days from the date of allotment of units, Nil after 7 days
Minimum application
5000 · multiples of 1
SIP frequency
SIP Details - Daily, Weekly,Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Minimum SIP amount
SIP Details - 100,150, 200, 1000 |SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500
Minimum instalments
SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12
Expense ratios change. Direct and regular plans normally have different expense ratios. Read the latest TER disclosure before investing.
Premium-free process

How a mutual-fund investment is paid

  1. Complete KYCIdentity, PAN, bank and contact verification are required.
  2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
  3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
  4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
  5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Original documents

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.

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Talk through the fund, costs and risks before deciding.

Educational support only — no promise of returns.

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