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

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

16.218 (0.024%)

NAV on May 30, 2023

Category Fixed income:
Government Bond

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 45 cr

Turnover Ratio 1470.53%

Expense Ratio 0.76%

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

Returns

1M: 0.99%
1Y: 6.73%
3M: 3.84%
3Y: 4.41%
6M: 4.49%
5Y: 8.17%

Min Investment 10,000

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ADDITIONAL INFO

Fund Manager Marzban Irani (Since almost 7 years) Sanjay Pawar (Since over 1 year)

ISIN INF767K01FA3

Fund Family LIC Nomura

Launch Date January 01, 2013

Benchmark NIFTY All Duration G-Sec TR INR

Avg. Maturity 7.14 years

Yield To Maturity (%) 7.28%

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
SBI Magnum Gilt Fund Direct Growth	59.278	9.70%	6,557 cr	—	Below Average
ICICI Prudential Gilt Fund Direct Plan Growth	92.777	9.03%	3,417 cr	0.56%	Above Average
Nippon India Gilt Securities Fund - Direct Plan Defined Maturity Date Option - Growth	36.521	8.81%	1,386 cr	0.63%	Average
Nippon India Gilt Securities Fund - Direct Plan Growth Plan - Growth	36.423	8.81%	1,386 cr	0.63%	Average
Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct	94.678	8.70%	2,723 cr	0.41%	Above Average
Kotak Gilt-Investment Fund Growth - Direct	92.456	8.70%	2,723 cr	0.41%	Above Average
DSP Government Securities Fund Direct Plan Growth	85.711	8.26%	585 cr	0.49%	Average

Best Government Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
SBI Magnum Gilt Fund Direct Growth	59.278	9.70%	6,557 cr	—	Below Average
Tata Gilt Securities Fund Direct Plan Growth	73.982	9.57%	259 cr	0.9%	Average
Baroda BNP Paribas Gilt Fund Direct Growth Option	39.564	9.09%	799 cr	0.14%	Average
ICICI Prudential Gilt Fund Direct Plan Growth	92.777	9.03%	3,417 cr	0.56%	Above Average
Kotak Gilt-Investment Fund Growth - Direct	92.456	8.70%	2,723 cr	0.41%	Above Average
Edelweiss Government Securities Fund Direct Growth	22.086	7.89%	135 cr	0.67%	Average