The LIC Nomura MF G-Sec Long Term ETF, managed by LIC Mutual Fund Asset Management Limited, aims to replicate the Nifty 8-13 Yr. G-Sec Index, focusing on passive investment strategies.

Utilizing a tracking approach, the fund seeks to closely mirror the total returns of the benchmark index while maintaining minimal tracking errors, currently at 0.13%.

The portfolio predominantly consists of government bonds, with top holdings including 6.33% GOVT OF INDIA RED 05-05-2035 at 45.4%, showcasing significant concentration in a few securities.

Performance metrics reveal a 1Y return of 9.3% and a 3Y CAGR of 8.5%, indicating consistent returns amidst a stable interest rate environment and effective management of risks.

With an AUM of ₹2248.3 Cr and an expense ratio of 0.17%, the fund benefits from efficient cost management while being overseen by experienced fund managers since late 2023.