LIC MF G-Sec LT ETF-(G)

LIC MF G-Sec LT ETF-(G)
Dividend Yearly
NA
Category
Equity - ETF
52-week NAV high
19.94  (As on 04-12-2019)
52-week NAV low
17.75  (As on 10-12-2018)
Expense
0.26%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -0.12 -0.11 4.63 10.53 7.69 5.08 8.16 - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Dec 24, 2014
Last Dividend
NA
Minimum Investment
5000

The LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth scheme is offered by LIC Mutual Fund, which is one of the most trusted brands in the insurance sector in India. The company is renowned for its financial integrity and transparency.

An Exchange Traded Fund (ETF) gives you the benefits of a mutual fund that trades on the stock market in real time. This provides the benefits of safe growth and capital appreciation of a mutual fund combined with the tax effectiveness and increased performance of an ETF.

Investment Objective of LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth

To provide returns that correspond closely to the total returns of the securities represented by the Nifty 8-13 yr G-Sec index.

Key Features of LIC MF G-Sec Long Term Exchange Traded Fund

Some of the significant features of the LIC MF G-Sec Long Term Exchange Traded Fund are as indicated in the table below:

Type of fund

An open-ended scheme that replicates or tracks the Nifty 8-13 yr G-Sec index.

Plans available

Not applicable

Options under each plan

Growth option available.

Risk

Moderate

Systematic Investment Plan

Not available

Systematic Transfer Plan

Not available

Systematic Withdrawal Plan

Not available

Investment Amount for LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth

Minimum application amount

Rs.5,000 and multiples of Re.1 subsequently

Entry Load

NA

Exit Load

NA

Asset Allocation for LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth

Instruments

Indicative Allocations

(Percentage of total assets)

Risk Profile

Minimum

Maximum

Securities consisting of the underlying benchmark index

95

100

Low

Other money market and debt instruments

0

5

Low

NAV Disclosure and Benchmark for LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth

NAV Calculation: The NAV is calculated by adding up the market value of the plan’s investments with the current assets, subtracting the current provisions and liabilities from this, and dividing this by the per unit number of outstanding units.

NAV Disclosure: The first NAV will be disclosed within 5 business days of the unit allotment date. After this, the NAV will be disclosed at the end of every business day.

Fund liquidity: Liquidity is available on all trading days subject to the NAV prices.

Benchmark Index: Nifty 8-13 yr G-Sec

LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth Manager

The fund manager is Mr. Marzban Irani, who has been managing this scheme since 2016. He has almost two decades of experience in fund management. He also manages other funds under LIC Mutual Fund.

Why you should Invest in LIC MF G-Sec Long Term Exchange Traded Fund - Regular Plan - Growth

This is an ideal plan for investors who are looking for regular income over a medium-to-long term duration. It also has lower expense ratios and offers greater diversification of investments, which means greater protection in volatile markets. It is also more tax-efficient.

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