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  • LIC MF Government Securities Fund (Growth)

Formerly LICMF Gov Sec Gr

LIC Mutual Fund

LIC MF Government Securities Fund (Growth)

DebtGilt

50.6897

NAV (Mar 31)

3.9%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in gilt mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

Scripbox Recommended Debt Funds
Want the Debt 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

50.6897

NAV (Mar 31)

Fund Returns

Last 1Y

2.9%

Last 3Y

3.9%

Last 5Y

6.7%

Last 10Y

6.7%

Since Inception

7.2%

6 Month CAGR

2.6%

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 (24y ago)

Dec 08, 1999

AUM in Crores

46.712

ISIN

INF767K01709

Lock-in

No Lock-in

Benchmark

NIFTY All Duration G-Sec TR INR

SIP Minimum

1000

Lumpsum Min.

10000

Standard Deviation (3yr)

2.2

Standard Deviation (5yr)

3

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

-0.171

Sharpe Ratio (5yr)

0.612

YTM

7.51

Fund Managers

Marzban Irani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
LIC MF Government Securities Fund (Growth)70%8,61,233 1,28,6216.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2023-03-31

Top Debt Holdings

See all holdings

Compare LIC MF Government Securities Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,144 cr

₹ 13,831 cr

₹ 18,485 cr

₹ 12,884 cr

₹ 49,144 cr

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 15,552 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,44 debt and 31 hybrid funds.

amc-img

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

    6.8%

    7.9%

    4.7%

    5.6%

    6.3%

    4.9%

    4.7%

    5.6%

    0.7%

    4.6%

    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 7.2% over a period of 23 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.

    Nav of LIC MF Government Securities Fund (G) as of 3/31/2023 is ₹50.69 with the total AUM as of 4/1/2023 is ₹46.712. 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 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 1 fund in Debt and delivered 2.9% 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 instruments 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 Not Recommended 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.