LIC MF Nifty Next 50 Index vs Axis Nifty Next 50 Index
Data updated · direct-growth plans · not investment advice
LIC MF Nifty Next 50 Index currently edges it with a Smart Score of 79/100 vs 79/100. LIC MF Nifty Next 50 Index has the stronger risk-adjusted profile (Sortino 0.84 vs 0.84), 3-year returns of 18.3% vs 18.2%, and an expense ratio of 0.34% vs 0.23%. Scores are relative to all Index — Large Cap peers and refresh with every data update.
Portfolio overlap
lower = better diversificationLIC MF Nifty Next 50 Index and Axis 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 | 9.2%BEST | 9.1% | ||
3Y return | 18.3%BEST | 18.2% | ||
5Y return | 12.1%BEST | — | ||
Since launch | 14.2%BEST | 13.3% | ||
| Vs category benchmark | ||||
1Y vs index | +11.8%BEST | +11.6% | ||
3Y vs index | +10.1%BEST | +10.1% | ||
5Y vs index | +4.4%BEST | — | ||
Benchmark used | Nifty 50 | Nifty 50 | ||
| Risk | ||||
Sharpe ratio | 0.63BEST | 0.63 | ||
Sortino ratio | 0.84BEST | 0.84 | ||
Std deviation | 18.35 | 18.24BEST | ||
Alpha | 8.48BEST | 7.67 | ||
Beta | 1.15 | 1.15 | ||
| Cost & size | ||||
Expense ratio | 0.34% | 0.23%BEST | ||
Fund size | ₹111 Cr | ₹528 CrBEST | ||
Portfolio P/E | 20.66 | 20.28BEST | ||
| Ratings | ||||
Value Research | — | — | ||
Morningstar | — | — | ||
| Details | ||||
Fund manager | Nikhil Kapoor, Sasikant Aravamuthan | Nandik Mallik, Rohit Gautam | ||
Benchmark | Nifty Next 50 TRI | Nifty Next 50 TRI | ||
Riskometer | Moderately High | Moderately High | ||
Start date | 20 Sept 2010 | 28 Jan 2022 | ||
| Top 5 holdings | ||||
Biggest positions |
|
| ||
Quick answers
Is LIC MF Nifty Next 50 Index better than Axis Nifty Next 50 Index?
LIC MF Nifty Next 50 Index currently edges it with a Smart Score of 79/100 vs 79/100. LIC MF Nifty Next 50 Index has the stronger risk-adjusted profile (Sortino 0.84 vs 0.84), 3-year returns of 18.3% vs 18.2%, and an expense ratio of 0.34% vs 0.23%. Scores are relative to all Index — Large Cap peers and refresh with every data update.
Which is cheaper — LIC MF Nifty Next 50 Index or Axis 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), LIC MF Nifty Next 50 Index leads with 0.84 vs 0.84. Sharpe ratios: LIC MF Nifty Next 50 Index 0.63, Axis Nifty Next 50 Index 0.63.