Formerly LIC MF Gov Sec DR
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
22 Years. The fund has an Extended history for analysis and the track record is excellent.
47 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
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
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.
Low to Moderate
Dec 08, 1999
Launched (22y ago)
AUM in Crores
Returns Calculator Comparison
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.
Comparison with Debt Funds
About the AMC
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth 13,885 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.
₹ 501 Cr
₹ 33 Cr
₹ 844 Cr
₹ 1,028 Cr
₹ 6,657 Cr
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LIC MF Government Securities Fund of Income Distribution cum Cap Wrdl (RIDCW-Q) is a gilt debt fund and has delivered an annualised return of 6.7% over a period of 22 years .The fund was previously known as LIC MF Gov Sec DR.The fund is managed by LIC Mutual Fund Asset Management Limited.The fund manager’s name is Marzban Irani.
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. However, there is no assurance that the objective of the scheme will be realized.
The LIC MF Government Securities Fund of Income Distribution cum Cap Wrdl (RIDCW-Q) fund was launched on Dec 08, 1999. The NAV (Net Asset Value) of this gilt debt as of 2021-05-11 is ₹ 13.9691. The total AUM (Asset Under Management) of the fund as of 2021-05-12 is ₹ 46.219. The category risk of the LIC MF Government Securities Fund of Income Distribution cum Cap Wrdl (RIDCW-Q) fund is Moderate Risk. The fund charges 1.48 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 65.4% in this asset class. The top three holdings of the fund are 4.48% govt stock 2023,91 dtb 03062021 and 5.85% govt stock 2030
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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 I-Sec Composite.
LIC MF Government Securities Fund of Income Distribution cum Cap Wrdl (RIDCW-Q) has a score of 2 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Government Securities Fund of Income Distribution cum Cap Wrdl (RIDCW-Q) has a score of 1 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.