LIC MF Nifty Next 50 Index Fund - Regular (G) Equity - Index
Plan: OPEN | Option: Growth | Sumit Bhatnagar
25 Apr 25 | 12:00 AM
47.61 -1.17 (-2.40%)
Scheme Info
Investment Details
Have a look at some key information regarding the Mutual fund which helps in evaluating whether the fund suits your investment objectives
Fund Objective
To invest only in and all the stocks comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the 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.
Scheme Details
- Fund Type
OPEN
- Inception Date
02-09-2010
- AMC Name
- Minimum Investment
Rs. 5000
- Expense Ratio
0.9
- Exit Load Comment
Nil w.e.f. September 01, 2014.
