LIC MF Govt. Securities Fund Direct Dividend is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 09 Jan 2013. Marzban Irani is the Current Fund Manager of LIC MF Govt. Securities Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹42 Cr and the Latest NAV as of 06 Dec 2019 is ₹13.19.
The LIC MF Govt. Securities Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 0.25% if redeemed within 30 days.
The fund aims to be a dedicated gilt fund with investments primarily in State Govt and Central Govt Securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.25% if redeemed within 30 days