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.
LIC MF Gilt Fund - PF Plan - IDCW charges 0.25% of sell value; if fund sold before 30 days. There are no other charges.
Any profit will be clubbed with your income and taxed at your effective tax rate.