LIC MF Gilt Fund

GiltDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

LIC MF Gilt Fund is a Gilt fund run by LIC Mutual Fund. On 30-09-2026, it managed ₹44 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 5.4% a year and its Regular plan returned 4.7% a year and its Fund plan returned 4.7% a year. Its benchmark, NIFTY All Duration G-Sec Index, returned 6.3% a year over the same 3 years.

NAV (Direct plan): ₹66.47; ▼ 0.03%30-10-2026
NAV (Regular plan): ₹59.89; ▼ 0.03%30-10-2026
NAV: ₹34.59; ▼ 0.03%30-10-2026
Expense ratio: 0.70%Direct1.10%Regular0.70%Fund; 0.70%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 5.4%Direct4.7%Regular4.7%Fund; 5.4%; A year

LIC MF Gilt Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹66.47 (down 0.03% that day); Regular Plan Growth ₹59.89 (down 0.03% that day); ₹34.59 (down 0.03% that day).

This fund (Direct plan)

₹66.4717

LIC MF Gilt Fund Returns vs NIFTY All Duration G-Sec Index

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.55%	−0.43%	+2.56%	+2.20%	+5.41%	+4.86%	+6.26%
This fund (Regular)	−0.59%	−0.53%	+2.35%	+1.70%	+4.72%	+4.15%	+5.47%
This fund	−0.59%	−0.53%	+2.35%	+1.70%	+4.72%	+4.15%	+5.47%
NIFTY All Duration G-Sec Index	−1.12%	−1.44%	+2.72%	+2.10%	+6.28%	+5.48%	--
Gilt average	−0.69%	−1.34%	+1.62%	+2.12%	+6.19%	+5.46%	+6.64%
Best in Gilt	+0.27%	+0.76%	+4.80%	+7.50%	+8.37%	+6.46%	+7.66%
Worst in Gilt	−1.33%	−2.45%	+0.15%	−0.46%	+4.58%	+4.74%	+5.39%
Rank in Gilt	10/28	5/28	3/28	9/28	25/26	21/22	14/21

Category rows compare the Direct plans of 28 Gilt funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

LIC MF Gilt Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	This fund
2026to date	+1.52%	+1.15%	+1.15%
2025	+3.53%	+2.77%	+2.77%
2024	+9.32%	+8.52%	+8.52%
2023	+7.00%	+6.24%	+6.24%
2022	+2.56%	+1.82%	+1.82%
2021	+2.49%	+1.75%	+1.75%

LIC MF Gilt Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,618 periods, one for each trading day from 04-01-2016 to 30-10-2026.

0%5%10%15%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

LIC MF Gilt Fund (Direct)Category average, 28 Gilt funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,094	7.1%	−3.8%	19.7%	4%	7.9%	26%
2 years	2,859	7.7%	2.3%	14.4%	0%	8.3%	21%
3 years	2,618	7.4%	3.6%	13.4%	0%	8.1%	19%
5 years	2,135	7.4%	4.3%	10.6%	0%	7.7%	12%
7 years	1,653	7.7%	5.5%	10.3%	0%	7.9%	1%
10 years	925	7.6%	6.2%	8.5%	0%	8.1%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	7.4%	−6.5%	25.2%	7%	8.4%	25%
2 years	142	7.9%	−0.7%	14.9%	1%	7.9%	26%
3 years	130	7.4%	2.0%	14.2%	0%	7.6%	28%
5 years	106	7.1%	3.6%	10.6%	0%	7.3%	17%
7 years	82	6.9%	4.3%	10.3%	0%	7.1%	7%
10 years	46	7.2%	5.4%	7.8%	0%	7.5%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 28 Gilt funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

LIC MF Gilt Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	LIC MF Gilt Fund (Direct)This fund	Category average
Return (CAGR)	+2.20%	+2.12%
Standard deviation	4.27%	3.18%
Sharpe ratio	-0.71	-0.98
Sortino ratio	-1.00	-1.35
Maximum drawdown	−4.1% (02-04-2026)	−2.6% (02-04-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	LIC MF Gilt Fund (Direct)This fund	Category average
Return (CAGR)	+5.41%	+6.18%
Standard deviation	3.47%	2.80%
Sharpe ratio	-0.18	0.06
Sortino ratio	-0.25	0.08
Maximum drawdown	−5.6% (02-04-2026)	−3.1% (26-08-2025)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	LIC MF Gilt Fund (Direct)This fund	Category average
Return (CAGR)	+4.86%	+5.38%
Standard deviation	2.85%	2.56%
Sharpe ratio	-0.33	-0.16
Sortino ratio	-0.46	-0.23
Maximum drawdown	−5.6% (02-04-2026)	−3.1% (26-08-2025)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	LIC MF Gilt Fund (Direct)This fund	Category average
Return (CAGR)	+6.26%	+6.62%
Standard deviation	3.16%	3.20%
Sharpe ratio	0.27	0.38
Sortino ratio	0.40	0.56
Maximum drawdown	−5.6% (02-04-2026)	−3.6% (10-03-2017)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	LIC MF Gilt Fund (Direct)This fund	Category average
Return (CAGR)	+6.98%	+7.67%
Standard deviation	3.49%	3.64%
Sharpe ratio	0.27	0.45
Sortino ratio	0.38	0.64
Maximum drawdown	−7.4% (19-08-2013)	−9.0% (19-08-2013)

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−10%−8%−6%−4%−2%0%

2014201620182020202220242026

LIC MF Gilt Fund (Direct)Category average, 28 Gilt funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
LIC MF Gilt Fund (Direct)	−7.4%	04-06-2013	19-08-2013	03-06-2014	9 months	−1.7%
Category average	−9.0%	27-05-2013	19-08-2013	21-05-2014	9 months	−2.3%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and the average of the 28 Gilt funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

LIC MF Gilt Fund vs Other Gilt Funds

The five Gilt funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Bandhan Gilt Fund	1/26	1,686	0.57%	+7.50%	+8.37%	--	--	0.69	1.00	Compare
Bandhan 10 year Constant Maturity Gilt Fund	2/26	285	0.26%	+2.61%	+7.25%	--	--	0.44	0.64	Compare
Axis Gilt Fund	3/26	336	0.46%	+3.08%	+6.94%	--	--	0.31	0.45	Compare
ICICI Prudential 10 year Constant Maturity Gilt Fund	4/26	1,935	0.29%	+2.06%	+6.88%	--	--	0.32	0.45	Compare
UTI 10 year Constant Maturity Gilt Fund	5/26	105	0.33%	+1.45%	+6.55%	--	--	0.19	0.27	Compare
LIC MF Gilt Fund	25/26	44	0.70%	+2.20%	+5.41%	--	--	-0.18	-0.25

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

LIC MF Gilt Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Gilt median	Cost rank (1 = cheapest)
Direct	0.59%	0.00%	0.01%	0.10%	0.70%	0.48%	28/28
Regular	0.97%	0.00%	0.01%	0.12%	1.10%	1.15%	12/28
Fund	0.59%	0.00%	0.01%	0.10%	0.70%	0.48%	28/28

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Gilt funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	1.70%	2.20%	0.50%	₹1,01,700	₹1,02,200
3 years	4.72%	5.41%	0.69% a year	₹1,14,839	₹1,17,124
5 years	4.15%	4.86%	0.71% a year	₹1,22,545	₹1,26,780
10 years	5.47%	6.26%	0.79% a year	₹1,70,329	₹1,83,526

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

LIC MF Gilt Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planLIC MF Gilt Fund (Direct)	₹16,60,000	₹26,45,819	₹9,85,819	6.5%
This fundLIC MF Gilt Fund	₹16,60,000	₹24,93,668	₹8,33,668	5.7%
Category averageCategory average, 28 Gilt funds	₹16,60,000	₹27,39,509	₹10,79,509	6.9%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planLIC MF Gilt Fund (Direct)This fundLIC MF Gilt FundCategory averageCategory average, 28 Gilt fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

LIC MF Gilt Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

96.3%Debt

Asset	Fund	Category
Debt	96.3%	87.2%
Cash and others	3.7%	12.8%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 28 Gilt funds.

Rating	Fund	Category
Sovereign	96.3%	86.6%

LIC MF Gilt Fund Portfolio Holdings

As on 30-09-2026 · 5 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
7.3% Government of India · Government security	SOVEREIGN	33.43%
91 DAYS TBILL RED 10-12-2026 · Treasury bill	SOVEREIGN	22.49%
364 DAYS TBILL RED 10-12-2026 · Treasury bill	SOVEREIGN	17.99%
182 DAYS TBILL RED 17-12-2026 · Treasury bill	SOVEREIGN	11.23%
7.34% Government of India · Government security	SOVEREIGN	11.17%

LIC MF Gilt Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HDFC Long Term FundLong Duration · HDFC	36.9%	2	Compare
Bandhan Long Term FundLong Duration · Bandhan	33.4%	1	Compare
Mirae Asset Long Term FundLong Duration · Mirae Asset	30.3%	1	Compare
Aditya Birla Sun Life Gilt FundGilt · Aditya Birla Sun Life	23.4%	2	Compare
Bandhan Retirement FundSolution · Bandhan	21.3%	1	Compare
Nippon India Gilt FundGilt · Nippon India	20.3%	3	Compare
HDFC Gilt FundGilt · HDFC	18.3%	3	Compare
HSBC Gilt FundGilt · HSBC	18.0%	1	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

LIC MF Gilt Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.70%
Expense ratio (Regular): 1.10%
Expense ratio: 0.70%
Category: Gilt
Risk: Low to Moderate
Benchmark: Nifty All Duration G-Sec Index
Launch date: 10-12-1999
Minimum investment: ₹10,000
Minimum additional investment: ₹500
AUM: ₹44.01 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 120282
ISIN (Direct): INF767K01EZ3
Scheme code (Regular): 100317
ISIN (Regular): INF767K01709
Scheme code: 100319
ISIN: INF767K01733
NAV history: From 02-01-2013, 13.8 years

Exit load: 0.25% if exit within 30 days from date of allotment of units

Tax on LIC MF Gilt Fund returns

LIC MF Gilt Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
	Growth	₹34.5884	30-10-2026
	IDCW	₹22.3822	30-10-2026
direct	Growth	₹66.4717	30-10-2026
direct	IDCW	₹19.1479	30-10-2026
regular	Growth	₹59.8865	30-10-2026
regular	IDCW	₹17.2623	30-10-2026

About LIC MF Gilt Fund

LIC MF Gilt Fund is a mutual fund from LIC Mutual Fund. Its category is Gilt. It was launched on 10-12-1999. Its benchmark is Nifty All Duration G-Sec Index. At the end of September 2026 it held 5 securities.

Fund Manager

Pratik Harish Shroff
Fund manager of LIC MF Gilt Fund, since 26-09-2023
Rahul Singh
Fund manager of LIC MF Gilt Fund, since 01-10-2025

See all funds of LIC Mutual Fund

AUM change

September 2026: ₹44.01 Cr; −1.17% from August 2026
August 2026: ₹44.53 Cr; −2.13% from July 2026
July 2026: ₹45.50 Cr; −0.96% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare LIC MF Gilt Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

LIC MF Gilt vs Bandhan GiltGilt
LIC MF Gilt vs Bandhan 10 year Constant Maturity GiltGilt
LIC MF Gilt vs Axis GiltGilt
LIC MF Gilt vs ICICI Prudential 10 year Constant Maturity GiltGilt
LIC MF Gilt vs UTI 10 year Constant Maturity GiltGilt
LIC MF Gilt vs HDFC Long Term36.9% overlap
LIC MF Gilt vs Bandhan Long Term33.4% overlap
LIC MF Gilt vs Mirae Asset Long Term30.3% overlap

Compare with any other fund

Frequently Asked Questions for LIC MF Gilt Fund

What is the current NAV of LIC MF Gilt Fund?

The Direct plan NAV is ₹66.4717. The Regular plan NAV is ₹59.8865. The NAV is ₹34.5884, as on 30-10-2026.

What are the returns of LIC MF Gilt Fund?

The Direct plan returned +2.20% in 1 year, +5.41% a year over 3 years, +4.86% a year over 5 years. The Regular plan returned +1.70% in 1 year, +4.72% a year over 3 years, +4.15% a year over 5 years. The fund returned +1.70% in 1 year, +4.72% a year over 3 years, +4.15% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of LIC MF Gilt Fund?

The Direct plan charges 0.70% a year. The Regular plan charges 1.10% a year. The fund charges 0.70% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of LIC MF Gilt Fund?

LIC MF Gilt Fund managed ₹44.01 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of LIC MF Gilt Fund?

At the end of September 2026 the largest holdings were 7.3% Government of India (33.43%), 91 DAYS TBILL RED 10-12-2026 (22.49%), 364 DAYS TBILL RED 10-12-2026 (17.99%), 182 DAYS TBILL RED 17-12-2026 (11.23%), 7.34% Government of India (11.17%). The fund held 5 securities in all.

How do I invest in LIC MF Gilt Fund?

Through LIC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹10,000. You can invest once or through a monthly SIP.

Who is the fund manager of LIC MF Gilt Fund?

Pratik Harish Shroff (since 26-09-2023), Rahul Singh (since 01-10-2025).

What is the exit load of LIC MF Gilt Fund?

0.25% if exit within 30 days from date of allotment of units

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.