Fund Overview
Fund Size
₹11,165 Cr
Expense Ratio
0.16%
ISIN
INF767K01DN1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
LIC MF Liquid Plan Direct Growth is a Liquid mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4778.17, Assets Under Management (AUM) of 11164.78 Crores, and an expense ratio of 0.16%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4778.17, Assets Under Management (AUM) of 11164.78 Crores, and an expense ratio of 0.16%.
- LIC MF Liquid Plan Direct Growth has given a CAGR return of 6.88% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.74% in cash & cash equivalents.
- You can start investing in LIC MF Liquid Plan Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.26%
+7.26% (Cat Avg.)
3 Years
+7.02%
+6.85% (Cat Avg.)
5 Years
+5.58%
+5.49% (Cat Avg.)
10 Years
+6.35%
+5.50% (Cat Avg.)
Since Inception
+6.88%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Others | ₹11,164.78 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| India (Republic of) | Bond - Short-term Government Bills | ₹544.9 Cr | 4.88% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹492.87 Cr | 4.41% |
| India (Republic of) | Bond - Short-term Government Bills | ₹446.36 Cr | 4.00% |
| Reverse Repo | Cash - Repurchase Agreement | ₹423.15 Cr | 3.79% |
| Birla Group Holdings Pvt Ltd. ** | Cash - Commercial Paper | ₹399.63 Cr | 3.58% |
| Indian Oil Corp Ltd. | Bond - Corporate Bond | ₹394.15 Cr | 3.53% |
| Net Receivables / (Payables) | Cash | ₹-362.2 Cr | 3.24% |
| National Bk For Agriculture & Rural Dev. ** | Cash - Commercial Paper | ₹324.44 Cr | 2.91% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹298.74 Cr | 2.68% |
| Chennai Petroleum Corporation Limited | Cash - Commercial Paper | ₹296.06 Cr | 2.65% |
| 91 Days Tbill Red 12-06-2025 | Bond - Gov't/Treasury | ₹249.57 Cr | 2.24% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹247.18 Cr | 2.21% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹246.9 Cr | 2.21% |
| Bank of Baroda | Bond - Corporate Bond | ₹246.65 Cr | 2.21% |
| Canara Bank | Bond - Gov't Agency Debt | ₹246.46 Cr | 2.21% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹246.41 Cr | 2.21% |
| Treps | Cash - Repurchase Agreement | ₹243.7 Cr | 2.18% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹214.37 Cr | 1.92% |
| Reliance Retail Ventures Ltd. ** | Cash - Commercial Paper | ₹199.72 Cr | 1.79% |
| 91 Days Tbill Red 19-06-2025 | Bond - Gov't/Treasury | ₹199.43 Cr | 1.79% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹199.34 Cr | 1.79% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹198.71 Cr | 1.78% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹198.69 Cr | 1.78% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹198.42 Cr | 1.78% |
| Bank Of Baroda ** # | Cash - CD/Time Deposit | ₹197.55 Cr | 1.77% |
| Au Small Finance Bank Limited | Cash - Commercial Paper | ₹197.09 Cr | 1.77% |
| Punjab National Bank ** # | Cash - CD/Time Deposit | ₹174.49 Cr | 1.56% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹160.76 Cr | 1.44% |
| National Bk For Agriculture & Rural Dev. ** | Cash - Commercial Paper | ₹149.92 Cr | 1.34% |
| India (Republic of) | Bond - Short-term Government Bills | ₹148.95 Cr | 1.33% |
| Poonawalla Fincorp Ltd | Cash - Commercial Paper | ₹147.67 Cr | 1.32% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹132.6 Cr | 1.19% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹124.49 Cr | 1.11% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹123.37 Cr | 1.10% |
| Axis Securities Limited | Cash - Commercial Paper | ₹123.11 Cr | 1.10% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹106.26 Cr | 0.95% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹106.18 Cr | 0.95% |
| India (Republic of) | Bond - Short-term Government Bills | ₹103.67 Cr | 0.93% |
| Aditya Birla Housing Finance Ltd. ** | Cash - Commercial Paper | ₹99.96 Cr | 0.90% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹99.86 Cr | 0.89% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹99.72 Cr | 0.89% |
| Poonawalla Fincorp Ltd. ** | Cash - Commercial Paper | ₹99.7 Cr | 0.89% |
| ICICI Securities Ltd. ** | Cash - Commercial Paper | ₹99.68 Cr | 0.89% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹99.6 Cr | 0.89% |
| Godrej Properties Ltd. | Cash - Commercial Paper | ₹99.54 Cr | 0.89% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹99.31 Cr | 0.89% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹99.07 Cr | 0.89% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Cash - Commercial Paper | ₹98.93 Cr | 0.89% |
| Bank of Baroda | Bond - Corporate Bond | ₹98.92 Cr | 0.89% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹98.91 Cr | 0.89% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹98.89 Cr | 0.89% |
| Kisetsu Saison Finance (India) Pvt Ltd. ** | Cash - Commercial Paper | ₹98.89 Cr | 0.89% |
| Godrej Agrovet Ltd. | Cash - Commercial Paper | ₹98.86 Cr | 0.89% |
| Icici Securities Limited | Cash - Commercial Paper | ₹98.82 Cr | 0.89% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹98.79 Cr | 0.88% |
| Punjab National Bank ** # | Cash - CD/Time Deposit | ₹98.77 Cr | 0.88% |
| Canara Bank | Bond - Gov't Agency Debt | ₹98.68 Cr | 0.88% |
| 360 One Wam Ltd. | Cash - Commercial Paper | ₹98.63 Cr | 0.88% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹98.44 Cr | 0.88% |
| Nuvama Wealth Management Ltd. | Cash - Commercial Paper | ₹98.15 Cr | 0.88% |
| IGH Holdings Pvt Ltd. | Cash - Commercial Paper | ₹84.1 Cr | 0.75% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹79.38 Cr | 0.71% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹52.97 Cr | 0.47% |
| Indian Bank ** # | Cash - CD/Time Deposit | ₹49.87 Cr | 0.45% |
| Time Technoplast Ltd. ** | Cash - Commercial Paper | ₹49.82 Cr | 0.45% |
| Pilani Investment And Industries Corporation Ltd. | Cash - Commercial Paper | ₹49.27 Cr | 0.44% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.24 Cr | 0.44% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹48.22 Cr | 0.43% |
| 182 DTB 24072025 | Bond - Gov't/Treasury | ₹34.72 Cr | 0.31% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹28.48 Cr | 0.26% |
| L&T Finance Limited | Bond - Corporate Bond | ₹26.74 Cr | 0.24% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.15 Cr | 0.23% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹15.92 Cr | 0.14% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹6,329.37 Cr | 56.69% |
| Bond - Corporate Bond | ₹1,709.28 Cr | 15.31% |
| Bond - Short-term Government Bills | ₹1,243.88 Cr | 11.14% |
| Cash - CD/Time Deposit | ₹720.27 Cr | 6.45% |
| Cash - Repurchase Agreement | ₹666.85 Cr | 5.97% |
| Bond - Gov't/Treasury | ₹483.72 Cr | 4.33% |
| Cash | ₹-362.2 Cr | 3.24% |
| Bond - Gov't Agency Debt | ₹345.14 Cr | 3.09% |
| Mutual Fund - Open End | ₹28.48 Cr | 0.26% |
Risk & Performance Ratios
Standard Deviation
This fund
0.23%
Cat. avg.
0.45%
Lower the better
Sharpe Ratio
This fund
2.21
Cat. avg.
-1.09
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.23
Higher the better
Fund Managers
Rahul Singh
Since October 2015
Additional Scheme Detailsas of 31st May 2025
ISIN | INF767K01DN1 | Expense Ratio | 0.16% | Exit Load | No Charges | Fund Size | ₹11,165 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Liquid Debt B-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.3% | - | ₹120.12 Cr | - |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹59.53 Cr | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.5% | - | ₹27.99 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹277.02 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹177.17 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹177.17 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹80.00 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹846.26 Cr | 3.5% |
About the AMC
Total AUM
₹33,922 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of LIC MF Liquid Plan Direct Growth?
The NAV of LIC MF Liquid Plan Direct Growth, as of 18-Jun-2025, is ₹4778.17.
What are the returns of LIC MF Liquid Plan Direct Growth?
The fund has generated 7.26% over the last 1 year and 7.02% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of LIC MF Liquid Plan Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.74% in cash and cash equivalents.
Who manages the LIC MF Liquid Plan Direct Growth?
The fund managers responsible for LIC MF Liquid Plan Direct Growth are:-
- Rahul Singh
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.