FAQ : LIC MF Nifty 50 ETF

LIC MF Nifty 50 ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.16 15.41 16.36 N/A
Average Rolling Returns(%) 16.56 14.73 14.43 N/A

The Current NAV of LIC MF Nifty 50 ETF is ₹243.51.

You can consider SIP in LIC MF Nifty 50 ETF as it has consistently outperformed the benchmark and has a Very good quality portfolio. However, funds returns unlikely to be different than its benchmark S&P BSE SENSEX - TRI, as the Funds portfolio is similar to its benchmark.

LIC MF Nifty 50 ETF fund’s expense ratio is 0.10%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of LIC MF Nifty 50 ETF is currently ₹786 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 29% of its portfolio. Top 5 and 10 stocks of fund account for 39% and 56% of fund’s portfolio respectively.

Top three sectors of LIC MF Nifty 50 ETF fund are BFSI, IT and Oil & Gas accounting for 58% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of LIC MF Nifty 50 ETF Fund is ETFs - Index.

Sumit Bhatnagar manages the LIC MF Nifty 50 ETF Fund.

LIC MF Nifty 50 ETF current PE ratio is 32.04 and PB ratio is 6.32

The asset allocation of LIC MF Nifty 50 ETF is Stocks : 99.83%, Debt : 0.19% and Gold : 0%

The minimum SIP amount for LIC MF Nifty 50 ETF is N/A and minimum lumpsum is ₹5000.00

The exit load for LIC MF Nifty 50 ETF is N/A

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