|Min SIP Amount||₹1000|
|NAV||₹14.70 (27 Oct 2020)|
|Fund Started||09 Jan 2013|
|Fund Size||₹56 Cr|
|Reserve Bank of India||Financial||T-Bills||8.9%|
LIC MF Govt. Securities Fund Direct Dividend is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 09 Jan 2013. Marzban Irani is the Current Fund Manager of LIC MF Govt. Securities Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹56 Cr and the Latest NAV as of 27 Oct 2020 is ₹14.70.
The LIC MF Govt. Securities Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. Exit load of 0.25% if redeemed within 30 days
The scheme seeks to generate reasonable returns with investments in government securities, securities guaranteed by GoI and call money markets.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.