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

Formerly LICMF Gov Sec Gr

LIC Mutual Fund

LIC MF Government Securities Fund (Growth)

DebtGilt

49.0143

NAV (Jun 27)

5.7%
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

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

Relative Size

56 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

High Credit Risk. The fund has a lower credit quality compared to other debt funds

Scripbox Recommended Debt Funds

Want the floating rate funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

49.0143

NAV (Jun 27)

Fund Returns

Last 1Y

0.9%

Last 3Y

5.7%

Last 5Y

5.7%

Last 10Y

7%

Since Inception

7.3%

6 Month CAGR

-0.1%

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 (23y ago)

Dec 08, 1999

AUM in Crores

55.186

ISIN

INF767K01709

Lock-in

No Lock-in

Benchmark

NIFTY All Duration G-Sec TR INR

SIP Minimum

1000

Lumpsum Min.

10000

Fund Managers

Sanjay Pawar

Fund Manager

Marzban Irani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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.

Asset allocation and Holdings

Last updated on 2022-06-27

Top Debt Holdings

91 Days Treasury Bill 08-09-2022

35.8%
35.8%

91 Days Treasury Bill 16-06-2022

18.1%
18.1%

6.54 1/17/2032 12:00:00 am

12.1%
12.1%

364 Days Treasury Bill 16-06-2022

9.1%
9.1%

91 Days Treasury Bill 11-08-2022

9%
9%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 14,998 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 35 hybrid funds.

amc-img

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

    6.6%

    7.8%

    4.8%

    5.4%

    4.1%

    6.9%

    3.6%

    5.4%

    3.6%

    5.4%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    LIC MF Government Securities Fund (G) Review

    LIC MF Government Securities Fund (G) is a Gilt Debt fund and has delivered an annualised return of 7.3% 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 managers are Marzban Irani, Sanjay Pawar.

    Nav of LIC MF Government Securities Fund (G) as of 6/27/2022 is ₹49.01 with the total AUM as of 6/28/2022 is ₹55.186. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Government Securities Fund (G) was launched on Dec 08, 1999. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for LIC MF Government Securities Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

    LIC MF Government Securities Fund (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 (G) is rated as a 2 fund in Debt and delivered 0.9% 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 (G).

    Frequently Asked Questions

    What is LIC MF Government Securities Fund (G)?

    LIC MF Government Securities Fund (G) is a Gilt Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

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

    You can invest in LIC MF Government Securities Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

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

    The minimum sip amount for LIC MF Government Securities Fund (G) is ₹1000. You can invest in multiples of ₹10000.

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

    As per Scripbox experts, LIC MF Government Securities Fund (G) is a Neutral fund. You can investLIC MF Government Securities Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

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

    The expense ratio of the LIC MF Government Securities Fund (G) is 1.48% for regular plan.