LIC MF Nifty Next 50 Index Fund

Primarily market-linked growth exposure

The investment objective of the Scheme is 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. The Scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the NIFTY Next 50 Index. The Scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the NIFTY Next 50 Index (Total Returns Index) and the Scheme. There is no assurance that the investment objective of the Scheme will be achieved.

How the money may be invested

Instrument: - Stocks in the Nifty Next 50 Index and derivative instruments linked to the Nifty Next 50 Index as and when the derivative products are made available on the sameIndicative allocation (% to total Assets):Minimum: 95%Maximum: 100%Risk Profile: Medium to HighInstrument:- Cash and Money Market Instruments including money at call but excluding Subscription and Redemption Cash FlowIndicative allocation (% to total Assets):Minimum: 0%Maximum: 5%Risk Profile: Low to Medium. Please refer the Scheme Information Document for complete details.

SEBI category

Index Funds

Fund type

An open-ended scheme replicating / tracking the Nifty Next 50 Index [Total Returns Index]

Primary benchmark

NIFTY Next 50 - TRI

Secondary benchmark

NIFTY 50 - TRI

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.

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.

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.

What you pay and how money moves

Stated expense ratio

Regular 1.04%, Direct 0.50%

Exit load

NIL

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 "

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.

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.