LIC MF Govt. Securities Fund Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Marzban Irani is the Current Fund Manager of LIC MF Govt. Securities Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹42 Cr and the Latest NAV as of 15 Nov 2019 is ₹45.78.
The LIC MF Govt. Securities Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 0.25% if redeemed within 30 days.
Investment Objective
The fund aims to be a dedicated gilt fund with investments primarily in State Govt and Central Govt Securities.
Tax Implications
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)
₹10000
Min for First Investment
₹500
Min for Second Investment
Exit load of 0.25% if redeemed within 30 days
Exit Load