Fund Details
LIC MF Govt. Securities Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.76% |
| NAV | ₹51.32 (20 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹65 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 42.2% |
| GOI | Sovereign | GOI Sec | 33.1% |
| GOI | Sovereign | GOI Sec | 15.1% |
| GOI | Sovereign | GOI Sec | 6.5% |
Fund Managers
LIC MF Govt. Securities Fund Direct Growth Details
LIC MF Govt. Securities Fund Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Marzban Irani is the Current Fund Manager of LIC MF Govt. Securities Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹65 Cr and the Latest NAV as of 20 Jan 2021 is ₹51.32.
The LIC MF Govt. Securities Fund Direct Growth 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
Investment Objective
The scheme seeks to generate reasonable returns with investments in government securities, securities guaranteed by GoI and call money markets.
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.
