LIC MF Gilt Fund Direct Growth
NAV as on 21-04-2025
₹ 66.33
▲0.6%
1D
Inception Returns
7.9%
/yr
Historical NAV & Returns
About LIC MF Gilt Fund Direct Growth
LIC MF Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Marzban Irani. This fund is suitable to keep your money safe.
Key Parameters
- LIC MF Gilt Fund Direct Growth has ₹90 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
LIC MF Gilt Fund Direct Growth has given a CAGR return of 7.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.93%, 7.91% and 6.52% respectively.
Holdings
LIC MF Gilt Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.3% Govt Stock 2053, 7.23% Govt Stock 2039, India (Republic of) 6.9%, 07.70 MH Sgs 2033
Taxation
As it is a government bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of LIC MF Gilt Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 200.00. LIC MF Gilt Fund Direct Growth has no lock in period.
LIC MF Gilt Fund Direct Growth Overview
| Expense ratio | 0.75% |
Benchmark | NIFTY All Duration G-Sec TR INR |
| AUM | ₹90 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹10000/₹200 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 360.54% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (21-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 86.8 Cr as of Mar'25
- AUM decreased by 15.9 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Financial Services, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.34% Govt Stock 2064 | 33.62% | -26.7% | |
7.3% Govt Stock 2053 | 15.04% | 0% | |
7.23% Govt Stock 2039 | 11.82% | 0% | |
India (Republic of) 6.9% | 11.17% | 0% | |
07.70 MH Sgs 2033 | 5.95% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
LIC MF Gilt Fund Direct Growth | 11.93% | 7.91% | 6.52% | 7.86% |
 DSP Gilt Fund Direct Plan Growth | 13.23% | 8.97% | 7.57% | 8.52% |
 SBI Magnum Gilt Fund Direct Growth | 12.67% | 9.13% | 7.53% | 9.49% |
 Edelweiss Government Securities Fund Direct Growth | 12.44% | 8.54% | 7.82% | 9.04% |
Mutual Fund Insights
LIC MF Gilt Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹90 Cr
Expense Ratio 0.75%
More funds from LIC
5Y CAGR
▲ 6.50
5Y CAGR
▲ 6.50
5Y CAGR
▲ 6.47
5Y CAGR
▲ 5.51
Frequently Asked Questions for LIC MF Gilt Fund Direct Growth
LIC MF Gilt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.62% | 2.62% |
6 Month Returns | 5.78% | 5.78% |
1 Year Returns | 11.93% | 11.93% |
3 Years Returns | 25.64% | 7.91% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |