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Fund Overview

Fund Size

Fund Size

₹47 Cr

Expense Ratio

Expense Ratio

0.76%

ISIN

ISIN

INF767K01EZ3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

LIC MF Gilt Fund Direct Growth is a Government Bond mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 11 years, 3 months and 14 days, having been launched on 01-Jan-13.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹59.31, Assets Under Management (AUM) of 47.00 Crores, and an expense ratio of 0.76%.
  • LIC MF Gilt Fund Direct Growth has given a CAGR return of 7.53% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 97.75% in debts, and 2.25% in cash & cash equivalents.
  • You can start investing in LIC MF Gilt Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹10000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.11%

+6.08%(Cat. Avg.)

3 Years

+4.93%

+4.58%(Cat. Avg.)

5 Years

+7.27%

+6.32%(Cat. Avg.)

10 Years

+8.36%

+7.21%(Cat. Avg.)

Since Inception

+7.53%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt45.94 Cr97.75%
Others1.06 Cr2.25%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.25% Govt Stock 2063Bond - Gov't/Treasury10.36 Cr22.05%
07.70 MH Sgs 2033Bond - Gov't/Treasury10.25 Cr21.80%
7.18% Govt Stock 2033Bond - Gov't/Treasury10.18 Cr21.66%
7.3% Govt Stock 2053Bond - Gov't/Treasury5.21 Cr11.09%
7.32% Govt Stock 2030Bond - Gov't/Treasury5.21 Cr11.08%
07.71 MH Sdl 2033Bond - Gov't/Treasury2.63 Cr5.60%
07.72 MH Sdl 2034Bond - Gov't/Treasury2.1 Cr4.47%
TrepsCash - Repurchase Agreement0.92 Cr1.96%
Net Receivables / (Payables)Cash0.14 Cr0.29%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Gov't/Treasury45.94 Cr97.75%
Cash - Repurchase Agreement0.92 Cr1.96%
Cash0.14 Cr0.29%

Risk & Performance Ratios

Standard Deviation

This fund

1.73%

Cat. avg.

2.34%

Lower the better

Sharpe Ratio

This fund

-0.12

Cat. avg.

-0.13

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.11

Higher the better

Fund Managers

Marzban Irani

Marzban Irani

Since August 2016

PS

Pratik Shroff

Since September 2023

Additional Scheme Detailsas of 31st March 2024

ISININF767K01EZ3Expense Ratio0.76%Exit LoadNo ChargesFund Size₹47 CrAge01 Jan 2013Lumpsum Minimum₹10,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY All Duration G-Sec TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Nippon India Gilt Securities Fund Regular Growth

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1.4%0.0%₹1546.55 Cr6.6%
Tata Gilt Securities Fund Regular Growth

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1.6%0.0%₹522.98 Cr6.9%
BHARAT Bond ETF April 2033

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0.0%-₹5519.49 Cr8.0%
Franklin India Government Securities Regular Growth

Moderately High risk

1.1%0.0%₹141.92 Cr5.0%
HDFC Gilt Fund Regular Growth

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0.9%0.0%₹2369.90 Cr6.5%
UTI Gilt Fund Regular Growth

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0.9%0.0%₹644.37 Cr6.7%
ICICI Prudential Gilt Fund Regular Growth

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1.1%0.0%₹4864.57 Cr7.7%
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Moderate Risk

0.9%0.0%₹7884.27 Cr7.2%

About the AMC

Total AUM

₹30,305 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2551.04 Cr41.6%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹507.21 Cr28.5%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹185.31 Cr7.6%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹942.29 Cr35.9%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹47.00 Cr7.1%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1351.81 Cr7.1%
LIC MF Large Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹1395.24 Cr27.2%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1256.78 Cr7.3%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.25 Cr24.1%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹295.61 Cr27.3%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.2%1.0%₹225.40 Cr67.4%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹8304.96 Cr7.3%
LIC MF ELSS Direct Growth

Very High Risk

0.6%0.0%₹1021.77 Cr33.5%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹134.78 Cr7.3%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹143.11 Cr7.9%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹891.44 Cr17.5%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹52.16 Cr8.3%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹289.55 Cr25.6%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹27.17 Cr6.9%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹596.62 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹902.06 Cr42.6%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹268.35 Cr6.8%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of LIC MF Gilt Fund Direct Growth, as of 12-Apr-2024, is ₹59.31.
The fund has generated 7.11% over the last 1 year and 4.93% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 97.75% in bonds, and 2.25% in cash and cash equivalents.
The fund managers responsible for LIC MF Gilt Fund Direct Growth are:-
  1. Marzban Irani
  2. Pratik Shroff