Bigger bang for your buck.
Mutual Funds – it can’t get bigger than this!

LIC MF G-Sec(G)-Direct Plan

LIC MF G-Sec(G)-Direct Plan
Dividend Yearly
NA
Category
Debt - Gilt Medium and Long Term
52-week NAV high
42.14  (As on 02-04-2019)
52-week NAV low
37.97  (As on 16-05-2018)
Expense
0.45%  (As on 28-02-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -0.34 1.99 6.00 9.21 5.88 7.64 7.48 9.33 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
10000

LIC MF Govt. Securities Fund - Direct Plan Growth Option is offered by LIC Mutual Fund. This was founded by LIC of India in 1989. LIC Mutual Fund has schemes that cater to different categories of investors. It has established a solid presence in India’s asset management industry through the use of innovative investment strategies, adherence to financial integrity, and commitment to corporate governance.

The LIC MF Govt. Securities Fund invests in securities that are issued by the Central or State Government. The growth option ensures a steady appreciation of capital over a period of time.

Investment Objective of LIC MF Govt. Securities Fund-Direct Plan Growth Option

The objective is to generate reasonable returns that are free of credit risk by investing in sovereign securities that are issued by the Central Government or State governments.

Key Features of LIC MF Govt. Securities Fund-Direct Plan Growth Option

Some of the significant features of the LIC MF Govt Securities Fund are as indicated in the table below:

Type of fund

This is a debt scheme that is open-ended and invests in government securities.

Plans available

Regular Plan and Direct Plan options are available.

Options under each plan

Dividend, Growth, and PF options are available under both the plans.

The Dividend option has both Dividend Payout and Dividend Reinvestment options available.

Default Options

Default option is Growth.

Default facility under Dividend option is Reinvestment.

Risk

Moderate

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for LIC MF Govt. Securities Fund-Direct Plan Growth Option

Minimum application amount

Rs.10,000 and multiples of Re.1 after

Minimum additional investment

Rs.500 and multiples of Re.1 after

Minimum installment for Systematic Investment Plan (SIP)

Monthly - Rs.1,000 and multiples of Re.1 after

Quarterly - Rs.3,000 and multiples of Re.1 after

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.500 and multiples of Re.1 after

Entry Load

NA

Exit Load

If exited within 30 days of the allotment of units, exit load is 0.25%.

Asset Allocation for LIC MF Govt. Securities Fund-Direct Plan Growth Option

Instruments

Indicative Allocations

(Percentage of total assets)

Risk Profile

Minimum

Maximum

Government security instruments

80

100

Moderate

Money market and debt instruments

0

20

Low to Medium

NAV Disclosure and Benchmark for LIC MF Govt. Securities Fund-Direct Plan Growth Option

NAV Calculation: The current assets are added to the market value of the investments from which the current provisions and liabilities are subtracted. This is then divided by the per unit number of outstanding units.

NAV Disclosure: The first NAV is disclosed within 5 business days of the first date of allotment of units. Subsequently, it will be calculated and disclosed at the end of every business day.

Fund liquidity: Units can be liquidated on any business day.

Benchmark Index: I-Sec Composite Index

LIC MF Govt. Securities Fund-Direct Plan Growth Option Fund Manager

This scheme is managed by Mr. Marzban Irani. He has been managing this scheme since 2016. He is the Fund Manager for Fixed Income of LIC Mutual Fund Asset Management Ltd. He has been working in the asset management field for approximately two decades.

Why you should Invest in LIC MF Govt. Securities Fund-Direct Plan Growth Option

Investments in government securities are risk-free. They generate good returns over the long term and can be easily liquidated. You get a portfolio with better diversification as well. The direct plan growth option offers a lesser expense ratio and higher savings because of that. The growth option means both your principal amount and notional profit are reinvested, leading to even greater appreciation of your capital over the long term.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

GST rate of 18% applicable for all financial services effective July 1, 2017.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.