LIC MF Nifty 8-13 yr G-SEC ETF
Debt10 yr Government BondModerate Risk
Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,088 Cr
Expense Ratio
0.16%
ISIN
INF767K01MV5
Minimum SIP
-
Exit Load
-
Inception Date
24 Dec 2014
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹26.12, Assets Under Management (AUM) of 2087.74 Crores, and an expense ratio of 0.16%.
- LIC MF Nifty 8-13 yr G-SEC ETF has given a CAGR return of 7.11% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 99.80% in debts, and 0.20% in cash & cash equivalents.
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
+9.15%
+9.07% (Cat Avg.)
3 Years
+5.29%
+5.13% (Cat Avg.)
5 Years
+5.76%
+5.60% (Cat Avg.)
Since Inception
+7.11%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹2,083.62 Cr | 99.80% |
| Others | ₹4.12 Cr | 0.20% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹1,016.92 Cr | 46.88% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹663.63 Cr | 30.60% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹484.13 Cr | 22.32% |
| Net Receivables / (Payables) | Cash | ₹2.57 Cr | 0.12% |
| Treps | Cash - Repurchase Agreement | ₹1.71 Cr | 0.08% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹2,164.68 Cr | 99.80% |
| Cash | ₹2.57 Cr | 0.12% |
| Cash - Repurchase Agreement | ₹1.71 Cr | 0.08% |
Risk & Performance Ratios
Standard Deviation
This fund
2.99%
Cat. avg.
3.31%
Lower the better
Sharpe Ratio
This fund
-0.17
Cat. avg.
-0.19
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.25
Higher the better
Fund Managers
Marzban Irani
Since August 2016
Pratik Shroff
Since September 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF767K01MV5 | Expense Ratio | 0.16% | Exit Load | - | Fund Size | ₹2,088 Cr | Age | 24 Dec 2014 | Lumpsum Minimum | - | Fund Status | Open Ended Investment Company | Benchmark | IISL Nifty 8-13 yr G-Sec TR INR |
Investment 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
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar 10 yr Government Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Nifty 10 yr Benchmark G-Sec ETF Moderate Risk | 0.1% | - | ₹3033.67 Cr | 9.2% |
| UTI Gilt Fund with 10 year Constant Duration Regular Growth Very High Risk | 0.7% | 0.0% | ₹163.41 Cr | 8.7% |
| UTI Gilt Fund with 10 year Constant Duration Direct Growth Very High Risk | 0.2% | 0.0% | ₹163.41 Cr | 9.2% |
| SBI Magnum Constant Maturity Fund Regular Growth Moderately High risk | 0.6% | 0.0% | ₹1658.12 Cr | 8.9% |
| Bandhan Government Securities Fund - Constant Maturity Plan Regular Growth Moderate Risk | 0.5% | 0.0% | ₹332.96 Cr | 9.5% |
| DSP 10Y G-Sec Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹54.07 Cr | 8.8% |
| DSP 10Y G-Sec Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹54.07 Cr | 9.0% |
| SBI Magnum Constant Maturity Fund Direct Growth Moderately High risk | 0.3% | 0.0% | ₹1658.12 Cr | 9.3% |
| LIC MF Nifty 8-13 yr G-SEC ETF Moderate Risk | 0.2% | - | ₹2087.74 Cr | 9.1% |
| ICICI Prudential Constant Maturity Gilt Regular Growth Moderate Risk | 0.4% | 0.0% | ₹2327.87 Cr | 8.9% |
About the AMC
Total AUM
₹30,456 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Who manages the LIC MF Nifty 8-13 yr G-SEC ETF?
- Marzban Irani
- Pratik Shroff
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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