LIC MF Nifty Next 50 Index Growth is a mutual fund scheme from LIC Mutual Fund Asset Management Limited. The fund was launched on 20 September 2010 and is managed by Nikhil Kapoor and Sasikant Aravamuthan. As of 15 October 2026, the fund has an AUM of ₹109.37 Cr and its latest NAV is ₹51.12. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹200 and lumpsum investment starting from ₹5,000.
The fund primarily invests in Financial Services, Industrials, and Consumer Cyclical and its top holdings include Divi's Laboratories Ltd, TVS Motor Co Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Tata Motors Ltd, and Adani Power Ltd. The fund has delivered 1.5% returns over the last 1 year, 15.0% annualised returns over 3 years, 9.1% annualised returns over 5 years, and 10.7% annualised returns since inception.
LIC MF Nifty Next 50 Index Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






