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LIC MF GILT FUND-Growth LIC MF GILT FUND-Growth

LIC MF GILT FUND - Investment Information

  • ₹57.46 (-0.07%)

    Current NAV 20-12-2024

  • 8.33%

    Returns

  • Min. SIP ₹1000

    Min. Investment ₹10000

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Investment 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.

Basic Details

Key Information About Investing Details.

  • CategoryGilt
  • KRAKARVY
  • Inv. PlanGrowth
  • Launched In11-Dec-99
  • BenchmarkNIFTY All Duration G-Sec Index
  • Fund TypeOpen Ended
  • Fund HouseLIC Mutual Fund

Investment Details

Check the Fund’s General Information

  • Fund size92.51 Cr.
  • Min. Investment₹10000
  • Min. Sip Inv.₹1000
  • Min. Addl Inv.₹500
  • Expense Ratio1.48%
  • Turn over%
  • Exit LoadLIC MF Gilt Fund - Growth charges 0.25% of sell value; if fund sold before 30 days. There are no other charges.

Fund Managers

Details of Managers and their Experience

Marzban Irani-manager-image
Marzban Irani

Fund Manage : 6

Total AUM. : ₹1,914 Cr.

Pratik Harish Shroff-manager-image
Pratik Harish Shroff

Fund Manage : 10

Total AUM. : ₹2,586 Cr.

AMC Office Information

Registered Office of Mutual Fund Company

  • AMCLIC Mutual Fund
  • Emailcs.co@licmf.com
  • Office No022-66016000
  • Websitehttps://www.licmf.com
  • Address4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
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Frequently Asked Questions

What is a mutual fund?

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

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