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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Rolling Returns metric has been Satisfactory
NAV (Oct 3)
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.
Launched (24y ago)
Dec 08, 1999
AUM in Crores
NIFTY All Duration G-Sec TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|LIC MF Gilt Fund (RIDCW-Q)||8,67,662||1,35,050||7%|
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.
07.70 mh sgs 203322.3%
7.26% govt stock 203322.2%
7.38% govt stock 202715.7%
7.1% govt stock 202911.2%
7.06% govt stock 202811.2%
LIC Mutual Fund Asset Management Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
LIC MF Gilt Fund (RIDCW-Q) is a Gilt Debt fund and has delivered an annualised return of 6.3% over a period of 23 years. The fund was previously known as LIC MF Gov Sec IDCW-R. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Marzban Irani, Sanjay Pawar.
Nav of LIC MF Gilt Fund (RIDCW-Q) as of 10/3/2023 is ₹15.07 with the total AUM as of 10/4/2023 is ₹45.672. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Gilt Fund (RIDCW-Q) was launched on Dec 08, 1999. The category risk of the fund is Moderate Risk.
The minimum SIP amount for LIC MF Gilt Fund (RIDCW-Q) 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 (RIDCW-Q) 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 (RIDCW-Q) is rated as a 1 fund in Debt and delivered 6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Gilt Fund (RIDCW-Q).
What is LIC MF Gilt Fund (RIDCW-Q)?
How to invest in LIC MF Gilt Fund (RIDCW-Q)?
You can invest in LIC MF Gilt Fund (RIDCW-Q) 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 (RIDCW-Q)?
The minimum sip amount for LIC MF Gilt Fund (RIDCW-Q) is ₹1000. You can invest in multiples of ₹10000.
Is LIC MF Gilt Fund (RIDCW-Q) good to invest in?
As per Scripbox experts, LIC MF Gilt Fund (RIDCW-Q) is a Not Recommended fund. You can investLIC MF Gilt Fund (RIDCW-Q) 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 (RIDCW-Q)?
The expense ratio of the LIC MF Gilt Fund (RIDCW-Q) is 1.48% for regular plan.