- Mutual Funds
- LIC Mutual Fund
- LIC MF Gilt Fund (Growth)
Formerly LIC MF Gov Sec Gr
Gilt funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 54.388
NAV (Apr 15)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | 4.2% |
Last 5Y | 6.5% |
Last 10Y | 7.5% |
Since Inception | 7.2% |
6 Month CAGR | 4.2% |
Scheme Information
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 (25y ago) | Dec 08, 1999 |
AUM in Crores | 46.998 |
ISIN | INF767K01709 |
Lock-in | No Lock-in |
Benchmark | NIFTY All Duration G-Sec TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 10000 |
Standard Deviation (3yr) | 1.7 |
Standard Deviation (5yr) | 2.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.569 |
Sharpe Ratio (5yr) | 0.471 |
YTM | 7.32 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Gilt Fund (Growth) | 8,56,981 | 1,24,369 | 6.5% | |
| 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.
Asset allocation and Holdings
Top Debt Holdings
7.25% govt stock 2063
22.1%07.70 mh sgs 2033
21.8%7.18% govt stock 2033
21.7%7.32% govt stock 2030
11.1%7.3% govt stock 2053
11.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.5% | 7.7% | ||
4.5% | 6.6% | ||
4.5% | 6.6% | ||
15.4% | 5.9% | ||
33.1% | 8.9% |
LIC MF Gilt Fund (G) Review
LIC MF Gilt Fund (G) is a Gilt Debt fund and has delivered an annualised return of 7.2% over a period of 24 years. The fund was previously known as LIC MF Gov Sec Gr. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Marzban Irani, Pratik Shroff.
Nav of LIC MF Gilt Fund (G) as of 4/15/2024 is ₹54.39 with the total AUM as of 4/16/2024 is ₹46.998. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Gilt Fund (G) was launched on Dec 08, 1999. The category risk of the fund is Moderate Risk.
The minimum SIP amount for LIC MF Gilt 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 Gilt 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 Gilt Fund (G) is rated as a 1 fund in Debt and delivered 6.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Gilt Fund (G).
Frequently Asked Questions
What is LIC MF Gilt Fund (G)?
How to invest in LIC MF Gilt Fund (G)?
You can invest in LIC MF Gilt 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 Gilt Fund (G)?
The minimum sip amount for LIC MF Gilt Fund (G) is ₹1000. You can invest in multiples of ₹10000.
Is LIC MF Gilt Fund (G) good to invest in?
As per Scripbox experts, LIC MF Gilt Fund (G) is a Not Recommended fund. You can investLIC MF Gilt 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 Gilt Fund (G)?
The expense ratio of the LIC MF Gilt Fund (G) is 1.48% for regular plan.