- Mutual Funds
- LIC Mutual Fund
- LIC MF Government Securities Fund (Growth)
Formerly LICMF Gov Sec Gr
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.
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 Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
91 Days Treasury Bill 08-09-2022
35.8%91 Days Treasury Bill 16-06-2022
18.1%6.54 1/17/2032 12:00:00 am
12.1%364 Days Treasury Bill 16-06-2022
9.1%91 Days Treasury Bill 11-08-2022
9%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
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.
| Fund Name | Scripbox 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 Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsLIC 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)?
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.