NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹61.00
0.50%
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
16.16%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
11.40%p.a.
Since Inception
About LIC MF Nifty Midcap 100 ETF - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Nifty Midcap 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 Feb 2024, LIC MF Nifty Midcap 100 ETF - Growth is ETF Units fund of its category with 621.06 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 Midcap 100 ETF - Growth delivered 16.2% annual returns during the last year. It has delivered 11.4% average annual returns since the fund was launched.
- LIC MF Nifty Midcap 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 Correspond To The Total Returns Of Securities As Represented By Nifty Midcap 100 Total Return Index, Subject To Tracking Errors.
Top 10 Holdings
ACC Ltd
0.33%
Apollo Tyres Ltd
0.56%
Ashok Leyland Ltd
1.84%
Astral Ltd
0.59%
Aurobindo Pharma Ltd
1.10%
Bank of India
0.65%
Bank of Maharashtra
0.30%
Bharat Forge Ltd
1.25%
Bharat Heavy Electricals Ltd
1.10%
APL Apollo Tubes Ltd
1.21%
Fund Managers
- Sumit Bhatnagar (Feb 2024 - Present)
Key Information
View Scheme Document
LIC MF Nifty Midcap 100 ETF - Growth SIP Calculator
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NRI Mutual Fund Tax on LIC MF Nifty Midcap 100 ETF - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in LIC MF Nifty Midcap 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 Midcap 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
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Frequently Asked Questions
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