Axis Nifty Next 50 Index vs LIC MF Nifty Next 50 Index
Data updated · direct-growth plans · not investment advice
Axis Nifty Next 50 Index currently edges it with a Smart Score of 79/100 vs 78/100. Axis Nifty Next 50 Index has the stronger risk-adjusted profile (Sortino 0.98 vs 0.97), 3-year returns of 19.7% vs 19.8%, and an expense ratio of 0.23% vs 0.34%. Scores are relative to all Index — Large Cap peers and refresh with every data update.
Portfolio overlap
lower = better diversificationAxis Nifty Next 50 Index and LIC MF Nifty Next 50 Index share 65.7% of their portfolios — owning both is closer to doubling one bet than diversifying.
Overlap = combined weight of stocks both funds hold (sum of the smaller weight per shared stock), from each fund's latest disclosed top-25 holdings.
| Returns (CAGR) | ||||
1Y return | 12.8% | 13.0%BEST | ||
3Y return | 19.7% | 19.8%BEST | ||
5Y return | — | 14.2%BEST | ||
Since launch | 14.0% | 14.4%BEST | ||
| Vs category benchmark | ||||
1Y vs index | +13.0% | +13.2%BEST | ||
3Y vs index | +10.9% | +10.9%BEST | ||
5Y vs index | — | +5.1%BEST | ||
Benchmark used | Nifty 50 | Nifty 50 | ||
| Risk | ||||
Sharpe ratio | 0.73BEST | 0.72 | ||
Sortino ratio | 0.98BEST | 0.97 | ||
Std deviation | 18.25BEST | 18.37 | ||
Alpha | 8.35 | 9.17BEST | ||
Beta | 1.15 | 1.15 | ||
| Cost & size | ||||
Expense ratio | 0.23%BEST | 0.34% | ||
Fund size | ₹528 CrBEST | ₹111 Cr | ||
Portfolio P/E | 20.28BEST | 20.66 | ||
| Ratings | ||||
Value Research | — | — | ||
Morningstar | — | — | ||
| Details | ||||
Fund manager | Nandik Mallik, Rohit Gautam | Nikhil Kapoor, Sasikant Aravamuthan | ||
Benchmark | Nifty Next 50 TRI | Nifty Next 50 TRI | ||
Riskometer | Moderately High | Moderately High | ||
Start date | 28 Jan 2022 | 20 Sept 2010 | ||
| Top 5 holdings | ||||
Biggest positions |
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Quick answers
Is Axis Nifty Next 50 Index better than LIC MF Nifty Next 50 Index?
Axis Nifty Next 50 Index currently edges it with a Smart Score of 79/100 vs 78/100. Axis Nifty Next 50 Index has the stronger risk-adjusted profile (Sortino 0.98 vs 0.97), 3-year returns of 19.7% vs 19.8%, and an expense ratio of 0.23% vs 0.34%. Scores are relative to all Index — Large Cap peers and refresh with every data update.
Which is cheaper — Axis Nifty Next 50 Index or LIC MF Nifty Next 50 Index?
Axis Nifty Next 50 Index has the lower expense ratio: 0.23% vs 0.34% (direct plans). Lower fees compound in your favour over long holding periods.
Which has better risk-adjusted returns?
On the Sortino ratio (return per unit of downside risk), Axis Nifty Next 50 Index leads with 0.98 vs 0.97. Sharpe ratios: Axis Nifty Next 50 Index 0.73, LIC MF Nifty Next 50 Index 0.72.