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3 star

LIC MF Index-Nifty Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.70 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.27 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.15 -0.01 2.49 5.32 -0.49 15.01 24.82 19.36 16.65 11.82 13.97
S&P BSE 100 TRI 5.20 0.01 2.48 4.91 -0.46 15.31 27.14 20.39 17.98 13.50 15.90
Equity: Large Cap 4.51 0.05 2.23 4.51 -0.58 14.59 26.24 19.49 16.93 12.41 15.13
Rank within category 40 95 21 41 70 69 85 64 51 51 50
Number of funds in category 132 132 132 130 127 122 114 97 80 63 55

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Index-Nifty Plan  | Invest Online
3 star
Dec-02 24.82 19.36 16.65 1.01% 52
Axis Bluechip Fund
5 star
Jan-10 22.55 21.89 20.59 1.67% 34,584
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 26.82 19.99 17.89 1.59% 31,129
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 29.38 21.51 17.48 2.09% 9,703
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 26.15 20.32 17.79 0.30% 5,841

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 24.14 27-Oct-2008 - 04-Nov-2008 -21.09 10-May-2004 - 17-May-2004
Month 30.12 09-Mar-2009 - 08-Apr-2009 -37.64 24-Sep-2008 - 24-Oct-2008
Quarter 78.66 09-Mar-2009 - 10-Jun-2009 -41.61 28-Jul-2008 - 27-Oct-2008
Year 93.17 23-Mar-2020 - 23-Mar-2021 -57.57 26-Oct-2007 - 27-Oct-2008

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 18.15 21.61 0.67 0.76 1.00 -0.88
S&P BSE 100 TRI 18.97 21.48 0.71 0.82 -- --
Equity: Large Cap 17.60 21.55 0.68 0.81 0.95 -0.59
Rank within category 63 57 72 74 70 74
Number of funds in category 99 99 99 99 99 99

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) 57.87
Top 5 Stocks (%) 40.95
Top 3 Sectors (%) 67.10
Portfolio P/B Ratio 3.51
Portfolio P/E Ratio 25.18

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 4,08,750 2,96,032
Giant (%) 87.05 68.05
Large (%) 12.95 24.70
Mid (%) -- 9.68
Small (%) -- 2.11
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 32.85 14.90 8.81 10.16
up Infosys Technology 37.72 9.25 5.12 9.25
up HDFC Bank Financial 25.03 11.29 8.57 8.57
up ICICI Bank Financial 26.79 7.25 4.83 6.78
up HDFC Financial 23.60 8.44 6.19 6.19
up Tata Consultancy Services Technology 39.00 5.61 4.31 5.10
up Kotak Mahindra Bank Financial 38.49 5.00 3.47 3.49
up Larsen & Toubro Construction 32.82 4.02 2.23 3.03
up Hindustan Unilever FMCG 66.13 4.54 2.60 2.78
up ITC FMCG 19.22 5.51 2.48 2.52
up Bajaj Finance Financial 94.82 2.69 1.31 2.46
up State Bank of India Financial 15.83 2.85 1.42 2.34
up Axis Bank Financial 22.13 3.35 2.08 2.32
up Bharti Airtel Communication 139.95 3.10 0.94 2.13
up Asian Paints Chemicals 99.16 2.07 1.27 2.02
up HCL Technologies Technology 32.97 1.89 1.24 1.89
up Tech Mahindra Technology 33.21 1.46 0.75 1.46
up Wipro Technology 28.95 1.40 0.67 1.40
up Titan Company Consumer Durable 131.79 1.39 0.91 1.39
up Bajaj Finserv Financial 68.52 1.43 0.64 1.32
up Maruti Suzuki India Automobile 58.15 2.11 1.22 1.31
up Sun Pharmaceutical Industries Healthcare 32.95 1.25 0.83 1.21
up Tata Motors Automobile -- 1.15 0.32 1.15
up Tata Steel Metals 4.76 1.63 0.52 1.15
up Ultratech Cement Construction 34.66 1.29 0.84 1.15

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Jaiprakash Toshniwal since 06-Sep-2021

Education: Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.

Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.

Funds Managed:


-0.01%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 100.3580

IDCW: ₹ 37.0216


Investment Strategy

The scheme aims to generate returns commensurate with the performance of Nifty 50 by investing in the index stocks, subject to tracking errors.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 1,000
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 7 days

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 05-Dec-2002
Return Since Launch: 13.39%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 52 Cr (As on 31-Dec-2021)
Expense: 1.01% (As on 31-Dec-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW18-Mar-20082.0000

 02-Feb-20075.0000
 08-Nov-20054.0000
 23-Jan-20041.6000
 03-Nov-20031.3000
Growth03-Nov-20031.3000

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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