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LICNAMC - LICNMFET ETF
LICNETFGSC
₹26.44+₹0.02 (0.08%) TodayLast updated on 07 Nov, 2024 | 11:23 IST
LICNAMC - LICNMFET ETF Chart
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Fund overview
About
Open ₹26.49 | Close ₹26.42 | Volume 8,672 | Avg. traded ₹26.31 |
Circuit range ₹21.16 - ₹31.74 | Day range ₹26.23 - ₹26.49 | Year range ₹23.30 - ₹27.97 | |
AUM ₹2,200.04 Cr | ManagersMarzban Irani, +1 more | Launch Date 24 Dec 2014 |
LICNAMC - LICNMFET
About LIC Nifty 8-13 Yr. G-Sec ETF
- LIC Nifty 8-13 Yr G-Sec ETF is an open-ended scheme offered by the LIC Mutual Fund House.
- It is designed to reflect the performance of government securities (G-Secs) with maturities ranging from 8 to 13 years. These are issued by the government and are considered low-risk.
- The scheme was launched on December 24, 2014.
- The asset under management (AUM) of LIC Nifty 8-13 Yr G-Sec ETF stood at ₹2,032.54 crore as of June 30, 2024.
- Marzban Irani and Pratik Shroff are the fund managers.
- The ETF units of the scheme are listed on NSE which enables investors to trade at market price during each session.
- One can invest in the scheme by buying ETF units through a demat account with a registered broker.
Investment Objective & Benchmark
- The LIC Nifty 8-13 Yr G-Sec ETF provides a measure of the returns and overall performance of this specific segment of the government bond market.
- Nifty 8-13 yr G-Sec Index serves as a benchmark of LIC Nifty 8-13 year G-Sec ETF.
- It invests in bonds issued by the Indian government which are considered low-risk compared to corporate debt.
- Bonds included in the ETF are selected based on criteria such as maturity period, liquidity and market capitalisation.
- The index may be reviewed and rebalanced periodically to ensure it accurately reflects the market.
- By tracking this ETF, investors can gain exposure to a diversified set of government bonds with medium to long-term maturities, potentially benefiting from stable returns and lower risk factors.
Asset Allocation & Portfolio Composition
- The total fund allocation of the LIC Nifty 8-13 Yr G-Sec ETF in government bonds is 99.63%, indicating a highly concentrated investment in this asset class and 0.37% in cash & cash equivalent.
Portfolio Composition Breakdown:
- 7.18% GOVT OF INDIA RED 14-08-2033 is a sovereign bond with a coupon rate of 7.18%, maturity date is August 14, 2033, and the fund size is 42.26% in this ETF.
- 7.10% GOVT OF INDIA RED 08-04-2034 has a coupon rate of 7.10% with a maturity date of April 8, 2034. It is a sovereign bond and the weightage of the bond is 31.70%
- 7.18% GOVT OF INDIA RED 24-07-2037 is a sovereign bond with a coupon rate of 7.18% and a maturity date of July 24, 2037. The fund size portion of the bond is 25.65% in LIC Nifty 8-13 Yr. G-Sec ETF.
- 7.26% GOVT OF INDIA RED 06-02-2033 is a sovereign bond with a maturity date of February 6, 2033. The coupon rate is 7.26% which allocates 0.02% in this ETF.
The ETF has delivered a return of 7.38 % in the past year as of July 31, 2024, compared to the benchmark’s yield of 7.58%
Since its inception, the ETF has posted a return of 6.99%.
Key indicators
Tracking index Nifty GS 8 13Yr |
Expense Ratio0.15% |
Tracking error NA |
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Investment checklist: (1/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Returns
Returns vs Benchmark
Compare the returns of this fund with
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This ETF
Nifty 50
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LICNAMC - LICNMFET Price history
Day | Open | Close | Change % |
---|---|---|---|
Wed, Nov 6 2024 | ₹26.64 | ₹26.42 | |
Tue, Nov 5 2024 | ₹26.49 | ₹26.42 | |
Mon, Nov 4 2024 | ₹26.51 | ₹26.37 | -0.38% |
Fri, Nov 1 2024 | ₹26.39 | ₹26.47 | |
Thu, Oct 31 2024 | ₹26.63 | ₹26.39 | -0.26% |
Wed, Oct 30 2024 | ₹26.49 | ₹26.46 | |
Tue, Oct 29 2024 | ₹26.53 | ₹26.45 | -0.30% |
Mon, Oct 28 2024 | ₹26.59 | ₹26.53 |
Composition
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