LIC Nomura MF Index Fund - Sensex Advantage Plan - Growth
NAV · 07 Aug 2015₹51.96-0.17%
AUM₹4 Cr
Expense Ratio1.70%
CAGR—
Exit Load1% on or before 1M
Min SIP₹500
Launched2002
Investment Objective
The scheme aims to generate returns by investing ninety per cent of its assets in the Sensex stocks and ten to twenty per cent in a basket of non-index stocks, subject to tracking errors.
Fund Mandate
Equity / Equity Futures0%–90%
MMI & Cash0%–10%
Others10%–20%
Asset Allocation
Domestic Equity99.1%
Cash & Equivalents0.9%
Fund Managers
RV
Ramnath Venkateswaran
Fund Manager
Key Information
1.70%
₹500
₹2,000
1% on or before 1M
Nil
Inception28 Nov 2002
AMCLIC MF
Top Holdings
1Housing Development Finance Corporation LtdFinance
2HDFC Bank LtdBanks
3Infosys LtdSoftware
4ICICI Bank LtdBanks
5ITC LtdConsumer Non Durables
6Reliance Industries LtdPetroleum Products
7Larsen & Toubro LtdConstruction Project
8Tata Consultancy Services LtdSoftware
9HCL Technologies LtdSoftware
10Axis Bank LtdBanks
Sector Allocation
Banks22.9%
Software15.7%
Consumer Non Durables8.5%
Petroleum Products7.8%
Construction Project7.7%
Finance7.2%
Auto6.3%
Pharmaceuticals5.1%
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Latest News
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Trailing Returns
PeriodReturns
1 Day-0.17%
Risk Metrics
Risk metrics are not available for this fund.
Fees
1.70%
1% on or before 1M
Nil
₹500
₹2,000
Capital Gains Tax, general rules
This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):
Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.
Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.
General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.
Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme