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Fund Overview

Fund Size

Fund Size

₹1,415 Cr

Expense Ratio

Expense Ratio

0.27%

ISIN

ISIN

INF767K01FM8

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

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 11 years, 4 months and 19 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹39.28, Assets Under Management (AUM) of 1415.05 Crores, and an expense ratio of 0.27%.
  • LIC MF Low Duration Fund Direct Growth has given a CAGR return of 7.16% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 45.77% in debts, and 54.03% 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

+7.32%

+6.07% (Cat Avg.)

3 Years

+5.64%

+5.11% (Cat Avg.)

5 Years

+5.63%

+5.04% (Cat Avg.)

10 Years

+6.92%

+5.62% (Cat Avg.)

Since Inception

+7.16%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt647.69 Cr45.77%
Others767.37 Cr54.23%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Power Finance Corporation Ltd.Bond - Corporate Bond78.29 Cr5.53%
TrepsCash - Repurchase Agreement66.79 Cr4.72%
Rural Electrification Corporation LimitedBond - Corporate Bond51.87 Cr3.67%
Larsen And Toubro LimitedBond - Corporate Bond51.32 Cr3.63%
Shriram Finance LimitedBond - Corporate Bond50.37 Cr3.56%
Axis Bank LimitedCash - CD/Time Deposit49.5 Cr3.50%
HDFC Bank LimitedCash - CD/Time Deposit49.24 Cr3.48%
Tata Capital Housing Finance LimitedCash - Commercial Paper49.23 Cr3.48%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond49.16 Cr3.47%
NTPC Ltd.Cash - Commercial Paper48.62 Cr3.44%
Indusind Bank LimitedCash - CD/Time Deposit48.6 Cr3.43%
ICICI Bank LimitedCash - CD/Time Deposit48.22 Cr3.41%
Axis Bank LimitedCash - CD/Time Deposit47.91 Cr3.39%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit47.43 Cr3.35%
Tata Motors Finance LimitedBond - Corporate Bond28.21 Cr1.99%
Bajaj Finance LimitedBond - Corporate Bond27.86 Cr1.97%
Punjab National BankCash - CD/Time Deposit26.81 Cr1.89%
Rural Electrification Corporation LimitedBond - Corporate Bond26.51 Cr1.87%
LIC Housing Finance LtdBond - Corporate Bond26.36 Cr1.86%
Small Industries Development Bank Of IndiaBond - Corporate Bond26.2 Cr1.85%
Rural Electrification Corporation LimitedBond - Corporate Bond25.89 Cr1.83%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.88 Cr1.83%
Power Finance Corporation LimitedBond - Corporate Bond25.87 Cr1.83%
Shriram Finance LimitedBond - Corporate Bond25.42 Cr1.80%
Rural Electrification Corporation LimitedBond - Corporate Bond25.27 Cr1.79%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond25.26 Cr1.79%
7.06% Govt Stock 2028Bond - Gov't/Treasury24.99 Cr1.77%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit24.96 Cr1.76%
HDFC Bank LimitedCash - Commercial Paper24.9 Cr1.76%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.87 Cr1.76%
LIC Housing Finance LtdBond - Corporate Bond24.76 Cr1.75%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.75 Cr1.75%
182 DTB 18072024Bond - Gov't/Treasury24.63 Cr1.74%
182 DTB 25072024Bond - Gov't/Treasury24.6 Cr1.74%
182 DTB 29082024Bond - Gov't/Treasury24.44 Cr1.73%
Aditya Birla Finance LimitedCash - Commercial Paper24.28 Cr1.72%
Bank Of BarodaCash - CD/Time Deposit24.15 Cr1.71%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit24.13 Cr1.71%
HDFC Bank LimitedCash - CD/Time Deposit23.46 Cr1.66%
National Housing Bank 7.83%Bond - Corporate Bond15.22 Cr1.08%
7.33% Govt Stock 2026Bond - Gov't/Treasury14.97 Cr1.06%
India (Republic of)Bond - Short-term Government Bills14.92 Cr1.05%
Net Receivables / (Payables)Cash-3.92 Cr0.28%
SBI CDMDF--A2Mutual Fund - Open End2.86 Cr0.20%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond634.6 Cr44.85%
Cash - CD/Time Deposit439.15 Cr31.03%
Cash - Commercial Paper147.02 Cr10.39%
Bond - Gov't/Treasury113.63 Cr8.03%
Cash - Repurchase Agreement66.79 Cr4.72%
Bond - Short-term Government Bills14.92 Cr1.05%
Cash-3.92 Cr0.28%
Mutual Fund - Open End2.86 Cr0.20%

Risk & Performance Ratios

Standard Deviation

This fund

0.60%

Cat. avg.

0.90%

Lower the better

Sharpe Ratio

This fund

0.08

Cat. avg.

-0.61

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.24

Higher the better

Fund Managers

Rahul Singh

Rahul Singh

Since September 2015

Additional Scheme Detailsas of 30th April 2024

ISININF767K01FM8Expense Ratio0.27%Exit LoadNo ChargesFund Size₹1,415 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Low Duration Debt B-I TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Low Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹561.13 Cr7.6%
Mahindra Manulife Low Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹561.13 Cr6.8%
Tata Treasury Advantage Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹2349.85 Cr6.9%
Kotak Low Duration Fund Regular Growth

Moderate Risk

1.2%0.0%₹9235.14 Cr6.8%
Mirae Asset Savings Fund Regular Growth

Moderate Risk

0.9%0.0%₹594.96 Cr7.1%
HDFC Low Duration Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹16714.34 Cr7.1%
Bandhan Low Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹5228.75 Cr6.9%
Canara Robeco Savings Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹836.57 Cr7.0%
ICICI Prudential Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹18176.12 Cr7.8%
Sundaram Low Duration Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹514.99 Cr6.6%

About the AMC

Total AUM

₹28,653 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2738.57 Cr45.4%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹516.89 Cr28.2%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹170.69 Cr6.5%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹975.86 Cr33.0%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹46.94 Cr6.6%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1361.79 Cr6.9%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1423.06 Cr26.6%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1415.05 Cr7.3%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.59 Cr21.1%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹296.05 Cr24.5%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹267.88 Cr81.0%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹12113.65 Cr7.3%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1049.91 Cr33.3%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹114.33 Cr7.1%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹212.79 Cr7.9%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹886.14 Cr16.4%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹51.17 Cr8.4%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹305.10 Cr17.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.44 Cr6.9%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹478.01 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1006.55 Cr45.7%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr6.9%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of LIC MF Low Duration Fund Direct Growth, as of 17-May-2024, is ₹39.28.
The fund has generated 7.32% over the last 1 year and 5.64% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 45.77% in bonds, and 54.03% in cash and cash equivalents.
The fund managers responsible for LIC MF Low Duration Fund Direct Growth are:-
  1. Rahul Singh