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LIC MF Exchange Traded fund - Nifty 50 Units Exchange Traded Fund - Growth Plan - Growth 539480.BO

Is LIC MF Exchange Traded fund - Nifty 50 Units Exchange Traded Fund - Growth Plan - Growth ETF Halal?

Shariah Compliance Analysis of 539480.BO ETF

No. As of October 2026, LIC MF Exchange Traded fund - Nifty 50 Units Exchange Traded Fund - Growth Plan - Growth (539480.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

539480.BO was created on 2015-11-20 by LIC Mutual Fund. The fund's investment portfolio concentrates primarily on large cap equity. The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by NIFTY 50 Index, subject to tracking errors

539480.BO Shariah Compliance

As of October 2026, LIC MF Exchange Traded fund - Nifty 50 Units Exchange Traded Fund - Growth Plan - Growth is classified as not halal.

NOT HALAL

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