stock logo

LICNAMC - LICNMFET ETF

LICNETFGSC

₹26.44+₹0.02 (0.08%) TodayLast updated on 07 Nov, 2024 | 11:23 IST

LICNAMC - LICNMFET ETF Chart

Please wait...
  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
arrow
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

Managers

Marzban 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

arrow
Tracking index
Nifty GS 8 13Yr

Expense Ratio

0.15%
Tracking error
NA

Learn more

Investment checklist: (1/6)
arrow
check status

Liquidity

check status

Fund size

check status

Expense Ratio

check status

Tracking error

check status

Returns vs FD Rates

check status

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
arrow
  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
arrow

This ETF

Nifty 50

Please wait...

Learn more

LICNAMC - LICNMFET Shareholder returns

arrow
1 day
--
1 week
-0.15%
1 month
-0.26%
3 months
+1.81%
1 year
+10.36%
3 years
+13.68%
5 years
+23.52%

LICNAMC - LICNMFET Price history

arrow
DayOpenCloseChange %
Wed, Nov 6 2024
₹26.64
₹26.42
0.00%
Tue, Nov 5 2024
₹26.49
₹26.42
+0.19%
Mon, Nov 4 2024
₹26.51
₹26.37
-0.38%
Fri, Nov 1 2024
₹26.39
₹26.47
+0.30%
Thu, Oct 31 2024
₹26.63
₹26.39
-0.26%
Wed, Oct 30 2024
₹26.49
₹26.46
+0.04%
Tue, Oct 29 2024
₹26.53
₹26.45
-0.30%
Mon, Oct 28 2024
₹26.59
₹26.53
+0.04%

Composition

Frequently asked questions