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LIC Govt. Securities Fund

LIC Govt. Securities Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

10.06

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,343 today.

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NAV Performance

LIC Govt. Securities Fund performance graph for last 3 years
Performance of LIC Govt. Securities Fund for last 3 Years

Fund Information

  • ₹ 48.685

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 10,000

  • ₹ 65 Cr.

    as on 10 Jun 2021
  • 1.48%

    since 31 Dec 2020
  • 11 Dec 1999

  • Debt - Gilt Fund

  • CRISIL 10 Year Gilt Index

  • LIC mutual fund

    Show All Funds

Highlights of this fund

LIC Govt. Securities Fund is an Open-ended Debt Fund. The fund belongs to Gilt Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 11 Dec 1999. This fund is offered by one of the top AMC (Assets Management Company) LIC mutual fund. You can also view here all other Debt funds offered by LIC mutual fund.

Latest NAV of the fund is ₹ 48.685 as on 10 Jun 2021.

This fund has 21 years of track record. Since 31 Dec 2020 expense ratio of this fund is 1.48%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 10,000.

Fund Objective

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.

List of Fund Managers of LIC Govt. Securities Fund

  • About Marzban Irani

    Picture of Marzban IraniMr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai. Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.47% 0.90% 3.91% 2.35% 7.51% 10.51% 11.65% 9.53% 9.92% 7.34% 9.22% 10.40% 9.42% 9.61%
Category Average 0.32% 0.53% 2.66% 0.91% 3.96% 8.57% 9.57% 8.13% 8.70% 3.85% 6.56% 8.31% 7.65% 8.46%
LIC Govt. Securities Fund 0.23%₹ 10,023 0.50%₹ 10,049 2.43%₹ 10,243 1.22%₹ 10,122 4.48%₹ 10,448 4.30%₹ 12,276 9.03%₹ 11,891 6.81%₹ 25,720 10.06%₹ 13,343 8.64%₹ 41,009 8.19%₹ 14,824 8.10%₹ 73,604 7.76%₹ 21,133 8.02%₹ 1,81,492
IDFC Government Securities Fund - Investment Plan 0.38%₹ 10,037 0.64%₹ 10,064 3.27%₹ 10,327 0.75%₹ 10,074 4.70%₹ 10,470 4.21%₹ 12,270 10.39%₹ 12,190 7.94%₹ 26,011 11.65%₹ 13,932 10.15%₹ 41,932 9.53%₹ 15,766 9.42%₹ 76,057 9.92%₹ 25,774 9.53%₹ 1,96,552
DSP Government Securities Fund 0.39%₹ 10,038 0.59%₹ 10,059 2.89%₹ 10,289 1.21%₹ 10,121 4.72%₹ 10,472 4.69%₹ 12,301 10.51%₹ 12,216 8.01%₹ 26,028 11.12%₹ 13,732 9.95%₹ 41,807 9.25%₹ 15,565 9.10%₹ 75,462 8.39%₹ 22,402 8.86%₹ 1,89,680
Edelweiss Government Securities Fund 0.47%₹ 10,046 0.22%₹ 10,021 3.91%₹ 10,390 2.35%₹ 10,234 7.51%₹ 10,751 7.34%₹ 12,470 10.37%₹ 12,184 9.22%₹ 26,338 10.87%₹ 13,641 10.40%₹ 42,084 - - - -
Axis Gilt Fund 0.23%₹ 10,022 0.35%₹ 10,035 1.86%₹ 10,185 1.18%₹ 10,118 4.99%₹ 10,499 4.38%₹ 12,282 10.20%₹ 12,146 7.72%₹ 25,954 10.76%₹ 13,598 9.61%₹ 41,596 8.26%₹ 14,873 8.52%₹ 74,378 - -
Aditya Birla Sun Life Government Securities Fund 0.40%₹ 10,040 0.90%₹ 10,089 3.61%₹ 10,361 1.55%₹ 10,154 4.57%₹ 10,457 4.94%₹ 12,317 9.66%₹ 12,027 7.54%₹ 25,908 10.50%₹ 13,505 9.26%₹ 41,385 9.29%₹ 15,595 8.68%₹ 74,674 9.80%₹ 25,485 9.44%₹ 1,95,623

Portfolio Holdings

Portfolio holdings pattern of LIC Govt. Securities Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    86.89%
  • Others Holdings:

    13.11%

Top Debt Instrument Type holdings of LIC Govt. Securities Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 65.37% ₹ 30.22 Cr.
T-Bills 21.52% ₹ 9.95 Cr.
Others 13.11% -

Top Debt Holdings of LIC Govt. Securities Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 65.37% ₹ 30.22 Cr.
Bond - T-Bill 21.52% ₹ 9.95 Cr.
Others 13.11%

Other Holdings

Holding TypeHolding Percentage
TREPS 15.53%
Net Receivables -2.42%