LIC MF Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (18-Jun-25)
₹42.860.02%1D
Returns (Since Inception)
7.27%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,100 Cr
Expense Ratio
0.26%
ISIN
INF767K01FM8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
LIC MF Low Duration Fund Direct Growth is a Low Duration 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 ₹42.86, Assets Under Management (AUM) of 2100.35 Crores, and an expense ratio of 0.26%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹42.86, Assets Under Management (AUM) of 2100.35 Crores, and an expense ratio of 0.26%.
- LIC MF Low Duration Fund Direct Growth has given a CAGR return of 7.27% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 42.08% in debts, and 57.72% in cash & cash equivalents.
- You can start investing in LIC MF Low Duration Fund 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
+8.41%
+7.96% (Cat Avg.)
3 Years
+7.44%
+7.12% (Cat Avg.)
5 Years
+6.40%
+6.23% (Cat Avg.)
10 Years
+6.83%
+5.86% (Cat Avg.)
Since Inception
+7.27%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹883.87 Cr | 42.08% |
| Others | ₹1,216.48 Cr | 57.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| India (Republic of) | Bond - Short-term Government Bills | ₹97.93 Cr | 4.66% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹76.95 Cr | 3.66% |
| Time Technoplast Limited ( Formerly Time Packaging Limited) | Cash - Commercial Paper | ₹74.7 Cr | 3.56% |
| Treps | Cash - Repurchase Agreement | ₹73.73 Cr | 3.51% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹72.44 Cr | 3.45% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹53.67 Cr | 2.56% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹53.53 Cr | 2.55% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹52.92 Cr | 2.52% |
| 7.74% LIC Housing Finance Limited | Bond - Corporate Bond | ₹52.88 Cr | 2.52% |
| 8.25% Gic Housing Finance Ltd. | Bond - Corporate Bond | ₹52.65 Cr | 2.51% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹52.26 Cr | 2.49% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.82 Cr | 2.47% |
| Rec Limited | Bond - Corporate Bond | ₹50.97 Cr | 2.43% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹50.69 Cr | 2.41% |
| Kotak Securities Limited** | Cash - Commercial Paper | ₹49.86 Cr | 2.37% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.54 Cr | 2.36% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.32 Cr | 2.35% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹49.29 Cr | 2.35% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.15 Cr | 2.34% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹49.15 Cr | 2.34% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.07 Cr | 2.34% |
| Small Industries Development Bank of India | Cash - CD/Time Deposit | ₹48.75 Cr | 2.32% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹48.59 Cr | 2.31% |
| Canara Bank | Cash - CD/Time Deposit | ₹48.41 Cr | 2.30% |
| Bank Of Baroda** | Cash - CD/Time Deposit | ₹48.32 Cr | 2.30% |
| Nuvama Wealth Management Ltd. | Cash - Commercial Paper | ₹48.16 Cr | 2.29% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.92 Cr | 2.28% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.9 Cr | 2.28% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹46.95 Cr | 2.24% |
| Export Import Bank Of India ** | Cash - Commercial Paper | ₹39.01 Cr | 1.86% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹38.31 Cr | 1.82% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹37.34 Cr | 1.78% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹27.15 Cr | 1.29% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹27.07 Cr | 1.29% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹26.98 Cr | 1.28% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.91 Cr | 1.28% |
| Aditya Birla Housing Finance Limited | Bond - Corporate Bond | ₹26.24 Cr | 1.25% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹26.24 Cr | 1.25% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹24.28 Cr | 1.16% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹24.28 Cr | 1.16% |
| NTPC Ltd. | Cash - Commercial Paper | ₹23.82 Cr | 1.13% |
| Indian Bank | Bond - Gov't Agency Debt | ₹23.78 Cr | 1.13% |
| Au Small Finance Bank Ltd. ** # | Cash - CD/Time Deposit | ₹23.54 Cr | 1.12% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹19.76 Cr | 0.94% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹14.66 Cr | 0.70% |
| Canara Bank | Cash - CD/Time Deposit | ₹14.5 Cr | 0.69% |
| India (Republic of) | Bond - Gov't/Treasury | ₹11.13 Cr | 0.53% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹10.52 Cr | 0.50% |
| Power Finance Corp Ltd. | Cash - Commercial Paper | ₹9.66 Cr | 0.46% |
| Punjab National Bank (18/03/2026) | Cash - CD/Time Deposit | ₹9.52 Cr | 0.45% |
| Canara Bank | Cash - CD/Time Deposit | ₹4.92 Cr | 0.23% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹4.79 Cr | 0.23% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹4.75 Cr | 0.23% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹4.11 Cr | 0.20% |
| Net Receivables / (Payables) | Cash | ₹-0.46 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹718.95 Cr | 34.23% |
| Bond - Corporate Bond | ₹643 Cr | 30.61% |
| Cash - Commercial Paper | ₹409.62 Cr | 19.50% |
| Bond - Gov't/Treasury | ₹129.68 Cr | 6.17% |
| Bond - Short-term Government Bills | ₹97.93 Cr | 4.66% |
| Cash - Repurchase Agreement | ₹73.73 Cr | 3.51% |
| Bond - Gov't Agency Debt | ₹23.78 Cr | 1.13% |
| Mutual Fund - Open End | ₹4.11 Cr | 0.20% |
| Cash | ₹-0.46 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
0.46%
Cat. avg.
0.66%
Lower the better
Sharpe Ratio
This fund
1.50
Cat. avg.
0.71
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.18
Higher the better
Fund Managers
Rahul Singh
Since September 2015
Additional Scheme Detailsas of 31st May 2025
ISIN | INF767K01FM8 | Expense Ratio | 0.26% | Exit Load | No Charges | Fund Size | ₹2,100 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Low Duration 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 Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Low Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹556.57 Cr | - |
| Edelweiss Low Duration Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹556.57 Cr | - |
| Franklin India Low Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹336.95 Cr | - |
| Franklin India Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹336.95 Cr | - |
| HSBC Low Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹579.95 Cr | 9.9% |
| LIC MF Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2100.35 Cr | 8.4% |
| Mirae Asset Savings Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1838.28 Cr | 8.6% |
| Invesco India Treasury Advantage Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1672.92 Cr | 8.3% |
| Kotak Low Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹12913.39 Cr | 8.8% |
| Sundaram Low Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹398.40 Cr | 8.7% |
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 Low Duration Fund Direct Growth?
The NAV of LIC MF Low Duration Fund Direct Growth, as of 18-Jun-2025, is ₹42.86.
What are the returns of LIC MF Low Duration Fund Direct Growth?
The fund has generated 8.41% over the last 1 year and 7.44% 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 Low Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 42.08% in bonds, and 57.72% in cash and cash equivalents.
Who manages the LIC MF Low Duration Fund Direct Growth?
The fund managers responsible for LIC MF Low Duration Fund 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.