ABSTRACT Comprehensive spectrotemporal analyses of the Z-type neutron star low-mass X-ray binary GX 5−1 were performed using 10 broad-band observations from AstroSat/Soft X-ray Telescope and Large Area X-ray Proportional Counter (LAXPC) instruments. The LAXPC-20 hardness–intensity diagram showed horizontal and normal branches (HBs and NBs) of the Z track which exhibited secular motion. The time-averaged spectra in the energy range 0.7–25.0 keV could be fitted with the model combination – $\tt {constant}\, \times \, \tt {tbabs}\, \times \, \tt {edge}\, \times \, \tt {edge}\, \times \, \tt {thcomp}\, \times \, \tt {diskbb}$. This yielded $\Gamma \, \sim$ 2, $kT_{\mathrm{ e}}\, \sim$ 3.3 keV, and $F_{\mathrm{ disc}}$/$F_{\mathrm{ total}}\, \sim$ 0.8 indicating the soft/intermediate spectral state of the source during the observations. Flux-resolved spectral analysis revealed a positive correlation between $kT_{\mathrm{ in}}$ and $F_{\mathrm{ bol}}$. However, a negative correlation was observed between them in one of the NBs. Time-averaged temporal analysis revealed multiple HB oscillations (HBOs) and NB oscillations (NBOs), and peaked noise components in the $\sim$5–50 Hz range. Furthermore, flux-resolved temporal analysis showed that the frequency of the HBOs correlates positively whereas the strength of HBOs correlates negatively with $F_{\mathrm{ bol}}$, indicating their probable origin from the accretion disc. In contrast, the frequency and strength of NBOs remain fairly constant with $F_{\mathrm{ bol}}$, suggesting that they originate from a different region in the system. Using the relativistic precession model along with highest frequency of the HBO, the upper limits of the magnetic dipole moment ($\mu$) and field strength (B) at the poles of the neutron star in the system were found to be 25.60$\times \, 10^{25}$ G cm3 and 3.64$\times \, 10^{8}$ G, respectively, for $k_{\mathrm{ A}}$ = 1.