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.
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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.
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.
LIC Mutual Fund Asset Management Limited manages assets worth 15,593 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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About LIC MF Government Securities Fund (G)
About LIC MF Government Securities Fund (G)
LIC MF Government Securities Fund (G) is a gilt debt fund and has delivered an annualised return of 7.6% over a period of 22 years .The fund was previously known as LICMF Gov Sec Gr.The fund is managed by LIC Mutual Fund Asset Management Limited.The fund manager’s name is Marzban Irani.
LIC MF Government Securities Fund (G) 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. However, there is no assurance that the objective of the scheme will be realized.
LIC MF Government Securities Fund (G) NAV,AUM,Risk
The LIC MF Government Securities Fund (G) fund was launched on Dec 08, 1999. The NAV (Net Asset Value) of this gilt debt as of 2021-07-29 is ₹ 48.6937. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 48.027. The category risk of the LIC MF Government Securities Fund (G) fund is Low to Moderate Risk.
The fund charges 1.48 % as expense ratio.
LIC MF Government Securities Fund (G) Holdings
The fund’s highest allocation is towards debt and has invested 53.4% in this asset class. The top three holdings of the fund are 91 dtb 08072021,6.64% govt stock 2035 and 7.32% govt stock 2024
LIC MF Government Securities Fund (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 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.
LIC MF Government Securities Fund (G) Investment volatility and Horizon
This fund 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 I-Sec Composite.
LIC MF Government Securities Fund (G) Review
LIC MF Government Securities Fund (G) has a score of 2 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Government Securities Fund (G) has a score of 1 out of 5.
The credit risk of the fund is 5 out of 5 as compared to other debt funds.
