- AMC
- LIC Mutual Fund
- Category
- Index Funds
- ISIN
- INF397L01AY8
LIC MF Nifty Next 50 Index Fund
₹56.4788
−₹0.2411 (−0.43%)
NAV · Direct · IDCW ·
LIC MF Nifty Next 50 Index Fund's Direct IDCW NAV was ₹56.4788 on 19 Oct 2026, down 0.43% on the day. Its 3-year return is 15.79% a year.
- Expense ratio
- 0.32%
- Fund size
- ₹103.89 Cr
- Min. investment
- ₹5,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹49.3240 to ₹61.4191.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 0.32% (Direct)
- Exit load
- nil
- Riskometer
- Very high
- Benchmark
- NIFTY Next 50 - TRI
- Launched
- 2 Sep 2010
- Fund managers
- Nikhil Kapoor, Sasikant Aravamuthan
Fund size, expense ratio and minimums as of 1 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF397L01AW2 | ₹56.4789 | −0.43% | 0.32% | −0.03% |
| Regular · Growth | INF397L01174 | ₹51.1375 | −0.43% | 0.87% | −0.57% |
| Direct · IDCW | INF397L01AY8 | ₹56.4788 | −0.43% | 0.32% | −0.03% |
| Regular · IDCW | INF397L01166 | ₹51.1375 | −0.43% | 0.87% | −0.57% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
LIC MF Nifty Next 50 Index Fund is an open-ended mutual fund from LIC Mutual Fund, in the Index Funds category. It began on 2 Sep 2010. It is benchmarked to the NIFTY Next 50 - TRI. The fund manages ₹103.89 Cr across its plans as of 1 Oct 2026. The Direct · IDCW plan has an expense ratio of 0.32%. The minimum first investment is ₹5,000, and SIPs are available.
FAQs
What is the NAV of LIC MF Nifty Next 50 Index Fund?
The NAV of LIC MF Nifty Next 50 Index Fund (Direct · IDCW) was ₹56.4788 on 19 Oct 2026, down 0.43% from the previous NAV.
What plans does LIC MF Nifty Next 50 Index Fund have?
LIC MF Nifty Next 50 Index Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of LIC MF Nifty Next 50 Index Fund?
The Direct · IDCW plan of LIC MF Nifty Next 50 Index Fund has an expense ratio of 0.32%.
What is the fund size (AUM) of LIC MF Nifty Next 50 Index Fund?
LIC MF Nifty Next 50 Index Fund manages ₹103.89 Cr across all plans as of 1 Oct 2026.
What returns has LIC MF Nifty Next 50 Index Fund delivered?
LIC MF Nifty Next 50 Index Fund returned −0.03% over 1Y, +15.79% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of LIC MF Nifty Next 50 Index Fund?
LIC MF Nifty Next 50 Index Fund: nil.
What is the minimum investment and SIP amount for LIC MF Nifty Next 50 Index Fund?
The minimum first investment in LIC MF Nifty Next 50 Index Fund is ₹5,000, and ₹500 after that. SIPs are available (Daily (min Rs.100), Weekly (min Rs.150), Monthly (min Rs.200), Quarterly (min Rs.1000). Dates: Daily-all business days, Weekly-Mon to Fri, Monthly/Quarterly-1st to 28th. Min instalments: 60/40/30/6 respectively.).
How risky is LIC MF Nifty Next 50 Index Fund?
LIC MF Nifty Next 50 Index Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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