|Min SIP Amount||₹1000|
|NAV||₹13.61 (03 Aug 2020)|
|Fund Started||29 Nov 1999|
|Fund Size||₹59 Cr|
LIC MF Govt. Securities Fund Dividend is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 29 Nov 1999. Marzban Irani is the Current Fund Manager of LIC MF Govt. Securities Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹59 Cr and the Latest NAV as of 03 Aug 2020 is ₹13.61.
The LIC MF Govt. Securities Fund 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 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.