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.
22 Years. The fund has an Extended history for analysis and the track record is excellent.
68 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
NAV (Dec 2)
6 Month CAGR
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.
Low to Moderate
Low to Moderate Risk
Launched (22y ago)
Dec 08, 1999
AUM in Crores
NIFTY All Duration G-Sec TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 9,65,796||₹ 2,33,184||11.25%|
|EPF||₹ 9,00,761||₹ 1,68,149||8.50%|
|Property||₹ 8,67,662||₹ 1,35,050||7.00%|
|PPF||₹ 8,69,819||₹ 1,37,207||7.10%|
|Bank FD||₹ 8,46,471||₹ 1,13,859||6.00%|
|Gold||₹ 8,46,471||₹ 1,13,859||6.00%|
|Savings Bank||₹ 8,25,950||₹ 93,338||5.00%|
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.
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 13,499 cr
₹ 33,567 cr
₹ 11,691 cr
₹ 31,118 cr
₹ 27,296 cr
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth 15,883 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.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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LIC MF Government Securities Fund (G) is a Gilt Debt fund and has delivered an annualised return of 7.5% over a period of 21 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
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.
The LIC MF Government Securities Fund (G) fund was launched on Dec 08, 1999. The NAV (Net Asset Value) of this Gilt Debt fund as of 2021-12-02 is ₹49.05. The total AUM (Asset Under Management) of the fund as of 03/12/2021 is ₹67.014. 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.
The fund’s highest allocation is towards Others and has invested 63.9% in this asset class. The top three holdings of the fund are , 5.63% govt stock 2026 , 182 dtb 30122021 , treps , 182 dtb 16122021 , 5.22% goi 2025
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.
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 NIFTY All Duration G-Sec TR INR.
LIC MF Government Securities Fund (G) has a score of 2 on a scale of 5. The fund has a score of 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 1out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.
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