MyWealthGrowth.com logo
HomeMutual Funds

LIC Govt. Securities Fund

LIC Govt. Securities Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.87

as on 12 Aug 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,539 today.

Invest Now

NAV Performance

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

Fund Information

  • ₹ 49.390

    as on 12 Aug 2022
  • Regular - Growth

  • -

  • ₹ 10,000

  • ₹ 67 Cr.

    as on 31 Dec 2021
  • 1.48%

  • 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 ₹ 49.390 as on 12 Aug 2022.

This fund has 22 years of track record. Since 30 Nov 2021 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 Moderately Low 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 0.48% 1.41% 2.28% 1.40% 3.16% 4.49% 6.27% 7.33% 9.12% 2.84% 3.15% 4.89% 6.91% 8.04%
Category Average 0.27% 0.96% 1.41% 0.52% 2.02% 2.49% 4.88% 5.58% 7.76% 1.78% 2.18% 3.51% 5.58% 7.01%
LIC Govt. Securities Fund 0.13%₹ 10,012 0.58%₹ 10,057 0.91%₹ 10,091 0.49%₹ 10,049 1.43%₹ 10,142 1.51%₹ 12,098 2.38%₹ 10,482 1.90%₹ 24,476 4.87%₹ 11,539 3.29%₹ 37,854 5.89%₹ 13,319 5.65%₹ 69,210 6.93%₹ 19,550 6.70%₹ 1,69,364
ICICI Prudential Gilt Fund 0.48%₹ 10,048 1.12%₹ 10,112 1.00%₹ 10,100 1.06%₹ 10,106 3.16%₹ 10,316 2.24%₹ 12,144 3.26%₹ 10,662 2.97%₹ 24,744 6.27%₹ 12,010 4.59%₹ 38,608 6.24%₹ 13,541 6.47%₹ 70,650 8.09%₹ 21,787 7.71%₹ 1,78,560
Nippon India Gilt Securities Fund 0.31%₹ 10,031 0.92%₹ 10,092 1.17%₹ 10,117 -0.35%₹ 9,964 1.20%₹ 10,120 0.51%₹ 12,033 1.71%₹ 10,345 1.31%₹ 24,328 4.69%₹ 11,480 2.88%₹ 37,619 6.07%₹ 13,433 5.61%₹ 69,134 8.43%₹ 22,489 7.57%₹ 1,77,228
Nippon India Gilt Securities Fund 0.31%₹ 10,031 0.92%₹ 10,092 1.17%₹ 10,117 -0.35%₹ 9,964 1.20%₹ 10,120 0.51%₹ 12,033 1.71%₹ 10,345 1.31%₹ 24,328 4.69%₹ 11,480 2.88%₹ 37,619 6.07%₹ 13,433 5.61%₹ 69,134 8.43%₹ 22,489 7.57%₹ 1,77,228
HDFC Gilt Fund 0.35%₹ 10,034 1.14%₹ 10,113 1.56%₹ 10,155 -0.14%₹ 9,986 1.68%₹ 10,168 1.30%₹ 12,084 2.33%₹ 10,470 1.90%₹ 24,476 4.71%₹ 11,484 3.21%₹ 37,808 4.94%₹ 12,728 4.92%₹ 67,954 7.42%₹ 20,470 6.52%₹ 1,67,770
IDFC Government Securities Fund - Investment Plan 0.27%₹ 10,026 1.14%₹ 10,113 1.82%₹ 10,182 -0.61%₹ 9,939 1.60%₹ 10,160 1.27%₹ 12,082 2.39%₹ 10,484 2.00%₹ 24,502 5.90%₹ 11,882 3.85%₹ 38,178 6.71%₹ 13,841 6.58%₹ 70,856 8.66%₹ 22,976 7.82%₹ 1,79,605

Portfolio Holdings

Portfolio holdings pattern of LIC Govt. Securities Fund as on 17 Aug 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    90.28%
  • Others Holdings:

    9.73%

Top Debt Instrument Type holdings of LIC Govt. Securities Fund

Instrument TypeHolding PercentageHolding Values in Crore
T-Bills 63.69% ₹ 45.89 Cr.
GOI 26.59% ₹ 19.15 Cr.
Others 9.72% -

Top Debt Holdings of LIC Govt. Securities Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 63.69% ₹ 45.89 Cr.
Bond - Govt of India 26.59% ₹ 19.15 Cr.
Others 9.72%

Other Holdings

Holding TypeHolding Percentage
TREPS 9.83%
Net Receivables -0.10%