• Mutual Funds
  • LIC Mutual Fund
  • LIC MF Government Securities Fund PF Plan (Growth)

Formerly LIC Nomura MF Gov Sec PF Gr

LIC Mutual Fund

LIC MF Government Securities Fund PF Plan (Growth)

DebtGilt

28.3396

NAV (Jan 17)

8%
3 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in gilt mutual funds.

However, Scripbox does not recommend investing in gilt mutual funds.

Gilt Funds are mandated to invest a minimum of 80% of their total assets in Government Securities.

Such a strategy results in a very high credit quality of the fund.

Gilt Funds tend to take a large exposure to long dated instruments making them highly volatile when interest rate changes.We do not recommend funds in this category since we believe that the high volatility of the category is not suited for individual investors.

Our analysis of this fundLearn how we rate funds ->

Track Record

19 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

73 Cr. Negligible within the category

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

Historical NAV

28.3396

NAV (Jan 17)

Fund Returns

Last 1Y

2.2%

Last 3Y

8%

Last 5Y

6.2%

Last 10Y

7.3%

Since Inception

5.9%

6 Month CAGR

0.9%

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Scheme Information

Investment Objective

The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the central and /or state Government and /or any security unconditionally guaranteed by the central/ state government for repayment of Principal and interest and/or reverse repos in such securities as and when permitted by RBI. However,there is no assurance that the investment objective of the Schemes will be realized.

Expense Ratio

1.48

Launched (19y ago)

Dec 29, 2003

AUM in Crores

72.048

ISIN

INF767K01733

Lock-in

No Lock-in

Benchmark

NIFTY All Duration G-Sec TR INR

SIP Minimum

0

Lumpsum Min.

10000

Fund Managers
user-avatar

Marzban Irani

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,223 cr

5

₹ 28,408 cr

5

₹ 9,119 cr

5

₹ 26,625 cr

5

₹ 23,456 cr

5

amc-icon

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 16,074 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.

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  • tel-amc-about
    022-66016000
  • mail-amc-about
    cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    19.9%

    11.1%

    19.1%

    14.1%

    4.6%

    6.5%

    22%

    14.8%

    6.8%

    7.3%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    LIC MF Government Securities Fund PF Plan (G) Review

    LIC MF Government Securities Fund PF Plan (G) is a Gilt Debt fund and has delivered an annualised return of 5.9% over a period of 18 years. The fund was previously known as LIC Nomura MF Gov Sec PF Gr. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Marzban Irani.

    Nav of LIC MF Government Securities Fund PF Plan (G) as of 17/01/2022 is ₹28.34 with the total AUM as of 18/01/2022 is ₹72.048. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Government Securities Fund PF Plan (G) was launched on Dec 29, 2003. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for LIC MF Government Securities Fund PF Plan (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹10000. Check your estimated returns on mutual funds by using sip calculator.

    LIC MF Government Securities Fund PF Plan (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY All Duration G-Sec TR INR.

    LIC MF Government Securities Fund PF Plan (G) is rated as a 2 fund in Debt and delivered 2.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Government Securities Fund PF Plan (G).

    Frequently Asked Questions

    What is LIC MF Government Securities Fund PF Plan (G)?

    How to invest in LIC MF Government Securities Fund PF Plan (G)?

    What is the minimum sip amount of LIC MF Government Securities Fund PF Plan (G)?

    Is LIC MF Government Securities Fund PF Plan (G) good to invest in?

    What is the expense ratio of the LIC MF Government Securities Fund PF Plan (G)?