NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

LIC MF Nifty 100 ETF -Growth for NRI [289.36]

Min Investment

5,000

Fund Size

756.2 Cr

Expense Ratio

0.3%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

289.36

0.24%

NAV as on 10 Feb 26, 12:00 AM

risk

etf units

equity

NAV as on 10 Feb 26, 12:00 AM

risk

etf units

equity

12.04%p.a.

Last 1Y

15.36%p.a.

Last 3Y

12.76%p.a.

Last 5Y

14.44%p.a.

Since Inception

About LIC MF Nifty 100 ETF -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the LIC MF Nifty 100 ETF -Growth scheme from LIC Mutual Fund Asset Management Limited. It is a ETF Units mutual fund scheme that predominantly invests in ETF Units stocks of companies. Launched on Mar 2016, LIC MF Nifty 100 ETF -Growth is ETF Units fund of its category with 756.2 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category ETF Units funds.

  • LIC MF Nifty 100 ETF -Growth delivered 12.0% annual returns during the last year. It has delivered 14.4% average annual returns since the fund was launched.
  • LIC MF Nifty 100 ETF -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The Investment Objective Of The Scheme Is To Provide Returns That Closely Correspond To The Total Returns Of Securities As Represented By Nifty 100 Index, Subject To Tracking Errors.However There Is No Guarantee Or Assurance That The Investment Objective Of The Scheme Will Be Achieved.

Top 10 Holdings

ABB India Ltd

0.21%

Adani Enterprises Ltd

0.38%

Adani Power Ltd

0.39%

Ambuja Cements Ltd

0.23%

Apollo Hospitals Enterprise Ltd

0.52%

Asian Paints Ltd

0.80%

Axis Bank Ltd

2.84%

Bajaj Finance Ltd

1.80%

Bajaj Auto Ltd

0.77%

Bajaj Finserv Ltd

0.80%

Fund Managers

  1. Sumit Bhatnagar (Oct 2023 - Present)

Key Information

View Scheme Document

LIC MF Nifty 100 ETF -Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on LIC MF Nifty 100 ETF -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in LIC MF Nifty 100 ETF -Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in LIC MF Nifty 100 ETF -Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions