Item: LIC MF Gilt Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Gilt Fund Direct Plan Reinvestment of Income Distribution cum Cap Wdrl

18.053 (0.218%)

NAV on October 08, 2024

Category Fixed income:
Government Bond

Interest rate sensitivity
Credit quality

Extensive Sensitivity High Quality

Total Assets 89 cr

Turnover Ratio 360.54%

Expense Ratio 0.75%

Exit Load 0.25%if redeemed within
30 Days0.00%if redeemed after 30 Days

Returns

1M: 1.01%
1Y: 10.64%
3M: 2.88%
3Y: 6.11%
6M: 5.49%
5Y: 6.55%

Min Investment 10,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Marzban Irani (Since about 8 years) Pratik Shroff (Since about 1 year)

ISIN INF767K01FA3

Fund Family LIC Nomura

Launch Date January 01, 2013

Benchmark NIFTY All Duration G-Sec TR INR

Avg. Maturity 21.60 years

Yield To Maturity (%) 7.12%

INVESTMENT OBJECTIVE

The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the central and /or state Government and /or any security unconditionally guaranteed by the central/ state government for repayment of Principal and interest and/or reverse repos in such securities as and when permitted by RBI. However, there is no assurance that the investment objective of the Schemes will be realized.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Government Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth	36.597	13.94%	2,647 cr	0.52%	High
DSP Gilt Fund Direct Plan Growth	97.305	12.97%	1,211 cr	0.56%	Above Average
Edelweiss Government Securities Fund Direct Growth	24.895	12.48%	167 cr	0.47%	Above Average
Aditya Birla Sun Life Government Securities Fund Direct Plan Growth	83.178	11.90%	2,139 cr	0.49%	Above Average
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth	40.919	11.58%	1,894 cr	0.50%	Above Average
Nippon India Gilt Securities Fund - Direct Plan Growth Plan - Growth	40.809	11.58%	1,894 cr	0.50%	Above Average
HSBC Gilt Fund Direct Plan Growth	72.068	11.55%	192 cr	0.48%	Below Average

Best Government Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth	36.597	13.94%	2,647 cr	0.52%	High
Invesco India Gilt Fund Direct Plan Growth	2990.344	12.99%	966 cr	0.46%	Above Average
Axis Gilt Fund Direct Plan Growth Option	25.800	12.14%	525 cr	0.35%	Average
Kotak Gilt-Investment Fund Growth - Direct	104.327	11.49%	3,843 cr	0.47%	Average
SBI Magnum Gilt Fund Direct Growth	66.460	11.10%	9,757 cr	0.46%	Below Average
ICICI Prudential Gilt Fund Direct Plan Growth	103.809	9.21%	6,511 cr	0.56%	Below Average