LIC MF Money Market Fund Direct Growth

Fund Overview

Fund Size

₹4,006 Cr

Expense Ratio

0.19%

ISIN

INF767K01RE0

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Aug 2022

About this fund

LIC MF Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 3 years, 6 months and 8 days, having been launched on 01-Aug-22.
As of 06-Feb-26, it has a Net Asset Value (NAV) of ₹1249.91, Assets Under Management (AUM) of 4006.23 Crores, and an expense ratio of 0.19%.

LIC MF Money Market Fund Direct Growth has given a CAGR return of 6.55% since inception.
The fund's asset allocation comprises around 0.00% in equities, 25.34% in debts, and 74.38% in cash & cash equivalents.
You can start investing in LIC MF Money Market 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

+6.98%

+6.64% (Cat Avg.)

3 Years

+6.73%

+7.04% (Cat Avg.)

Since Inception

+6.55%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2026

Debt	₹1,015.16 Cr	25.34%
Others	₹2,991.06 Cr	74.66%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
State Bank of India	Bond - Corporate Bond	₹247.58 Cr	5.86%
ICICI Bank Ltd.	Bond - Corporate Bond	₹210.49 Cr	4.98%
Rec Limited	Cash - Commercial Paper	₹195.02 Cr	4.61%
Sundaram Home Finance Ltd	Cash - Commercial Paper	₹194.68 Cr	4.61%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹140.19 Cr	3.32%
HDFC Securities Limited	Cash - Commercial Paper	₹99.42 Cr	2.35%
19/03/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹99.34 Cr	2.35%
14/05/2026 Maturing 182 DTB	Bond - Gov't/Treasury	₹98.48 Cr	2.33%
The Federal Bank Limited	Cash - CD/Time Deposit	₹97.47 Cr	2.31%
Canara Bank	Cash - CD/Time Deposit	₹94.78 Cr	2.24%
Axis Bank Ltd	Cash - CD/Time Deposit	₹94.47 Cr	2.23%
Angel One Limited	Cash - Commercial Paper	₹94.25 Cr	2.23%
Canara Bank	Bond - Gov't Agency Debt	₹93.61 Cr	2.21%
HDFC Bank Ltd.	Bond - Corporate Bond	₹93.58 Cr	2.21%
Bank of Baroda	Bond - Corporate Bond	₹93.58 Cr	2.21%
Small Industries Development Bank of India	Bond - Corporate Bond	₹93.38 Cr	2.21%
Angel One Ltd	Cash - Commercial Paper	₹89.81 Cr	2.12%
7.39% Tamilnadu SDL 2026	Bond - Gov't/Treasury	₹77.11 Cr	1.82%
Angel One Ltd	Cash - Commercial Paper	₹74.69 Cr	1.77%
One Wam Limited	Cash - Commercial Paper	₹74.21 Cr	1.76%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹73.63 Cr	1.74%
Indian Bank	Cash - CD/Time Deposit	₹73.63 Cr	1.74%
Bank Of Baroda ** #	Cash - CD/Time Deposit	₹73.36 Cr	1.74%
HDFC Bank Limited	Cash - CD/Time Deposit	₹72.93 Cr	1.73%
Time Technoplast Ltd	Cash - Commercial Paper	₹72.57 Cr	1.72%
Standard Chartered Capital Ltd	Cash - Commercial Paper	₹71.5 Cr	1.69%
Bank Of Baroda	Cash - CD/Time Deposit	₹52.18 Cr	1.23%
6.04% Gujarat Sdl 2026	Bond - Gov't/Treasury	₹50.91 Cr	1.20%
360 One Prime Limited	Cash - Commercial Paper	₹49.8 Cr	1.18%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹49.68 Cr	1.18%
HDFC Securities Limited	Cash - Commercial Paper	₹49.61 Cr	1.17%
Aditya Birla Capital Limited	Cash - Commercial Paper	₹49.57 Cr	1.17%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹49.53 Cr	1.17%
HDFC Bank Limited	Cash - CD/Time Deposit	₹48.96 Cr	1.16%
Export-Import Bank Of India	Cash - CD/Time Deposit	₹48.87 Cr	1.16%
30/07/2026 Maturing 182 DTB	Bond - Gov't/Treasury	₹48.66 Cr	1.15%
360 One Prime Limited	Cash - Commercial Paper	₹48.65 Cr	1.15%
Hero Housing Finance Limited	Cash - Commercial Paper	₹47.94 Cr	1.13%
HDFC Bank Limited	Cash - CD/Time Deposit	₹47.94 Cr	1.13%
National Bk For Agriculture & Rural Dev. ** #	Cash - Commercial Paper	₹47.83 Cr	1.13%
Small Industries Development Bk Of India ** #	Cash - Commercial Paper	₹47.78 Cr	1.13%
Small Industries Development Bk Of India ** #	Cash - Commercial Paper	₹47.59 Cr	1.13%
Indian Bank	Cash - CD/Time Deposit	₹47.48 Cr	1.12%
HDFC Bank Limited	Cash - CD/Time Deposit	₹47.31 Cr	1.12%
Bank Of Baroda	Cash - CD/Time Deposit	₹47.26 Cr	1.12%
Uco Bank	Cash - CD/Time Deposit	₹47.14 Cr	1.12%
Small Industries Development Bank of India	Bond - Corporate Bond	₹47.01 Cr	1.11%
Indian Bank	Bond - Gov't Agency Debt	₹44.63 Cr	1.06%
Treps	Cash - Repurchase Agreement	₹41.52 Cr	0.98%
Time Technoplast Limited ( Formerly Time Packaging Limited)	Cash - Commercial Paper	₹34.59 Cr	0.82%
27/02/2026 Maturing 182 DTB	Bond - Gov't/Treasury	₹31.02 Cr	0.73%
Axis Bank Ltd.	Cash - CD/Time Deposit	₹29.34 Cr	0.69%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹24.77 Cr	0.59%
Time Technoplast Limited ( Formerly Time Packaging Limited)	Cash - Commercial Paper	₹24.58 Cr	0.58%
Au Small Finance Bank Ltd. ** #	Cash - CD/Time Deposit	₹24.56 Cr	0.58%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹24.46 Cr	0.58%
Bank of Baroda	Bond - Corporate Bond	₹24.17 Cr	0.57%
HDFC Bank Limited	Cash - CD/Time Deposit	₹24.12 Cr	0.57%
Time Technoplast Limited ( Formerly Time Packaging Limited)	Cash - Commercial Paper	₹15 Cr	0.35%
12/03/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹14.92 Cr	0.35%
Punjab National Bank (18/03/2026)	Cash - CD/Time Deposit	₹14.88 Cr	0.35%
SBI CDMDF--A2	Mutual Fund - Open End	₹11.68 Cr	0.28%
Small Industries Development Bk Of India ** #	Cash - Commercial Paper	₹9.9 Cr	0.23%
01/05/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹8.88 Cr	0.21%
Canara Bank	Cash - CD/Time Deposit	₹4.98 Cr	0.12%
Piramal Enterprises Limited	Cash - Commercial Paper	₹4.95 Cr	0.12%
Net Receivables / (Payables)	Cash	₹-1.2 Cr	0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Commercial Paper	₹1,493.63 Cr	35.33%
Cash - CD/Time Deposit	₹1,164.06 Cr	27.54%
Bond - Corporate Bond	₹809.79 Cr	19.16%
Bond - Gov't/Treasury	₹429.32 Cr	10.16%
Bond - Gov't Agency Debt	₹278.43 Cr	6.59%
Cash - Repurchase Agreement	₹41.52 Cr	0.98%
Mutual Fund - Open End	₹11.68 Cr	0.28%
Cash	₹-1.2 Cr	0.03%
Bond - Short-term Government Bills	₹0 Cr	-

Risk & Performance Ratios

Fund Managers

Rahul Singh

Since October 2024

Pratik Shroff

Since October 2025

Additional Scheme Detailsas of 31st January 2026

ISIN

INF767K01RE0

Expense Ratio

0.19%

Exit Load

No Charges

Fund Size

₹4,006 Cr

Age

3 years 6 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Money Market 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:

Dividend Taxation:

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 Money Market Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Shriram Money Market Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
Shriram Money Market Fund Regular Growth Low to Moderate Risk	-	0.0%	-	-
Groww Money Market Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹20.48 Cr	-
Groww Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹20.48 Cr	-
JioBlackRock Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3355.30 Cr	-
Bank of India Money Market Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹368.88 Cr	6.7%
Bank of India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹368.88 Cr	7.2%
Zerodha Nifty 1D Rate Liquid ETF Low Risk	0.3%	-	₹7597.92 Cr	5.4%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3024.56 Cr	7.3%
Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹3024.56 Cr	6.9%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4894.59 Cr	7.2%
ICICI Prudential Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹31850.85 Cr	7.3%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹12313.03 Cr	7.4%
Nippon India Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹20189.58 Cr	7.3%
Invesco India Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹5214.99 Cr	7.2%
Edelweiss Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2299.55 Cr	7.2%
Kotak Money Market Scheme Direct Growth Low to Moderate Risk	0.2%	0.0%	₹32187.70 Cr	7.2%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹20781.21 Cr	7.3%
Axis Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹20781.21 Cr	7.2%
Sundaram Money Market Fund Regular Growth Moderate Risk	0.3%	0.0%	₹1835.43 Cr	7.1%
Sundaram Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1835.43 Cr	7.2%
Invesco India Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹5214.99 Cr	6.9%
UTI Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹19300.55 Cr	7.3%
Aditya BSL Money Manager Fund Direct Growth Moderate Risk	0.2%	0.0%	₹27448.70 Cr	7.2%
SBI Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹33641.56 Cr	7.3%
Tata Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹35599.90 Cr	7.4%
Franklin India Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3830.50 Cr	7.4%
Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4729.78 Cr	7.2%
Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹4729.78 Cr	7.0%
DSP Savings Fund Direct Growth Moderate Risk	0.1%	0.0%	₹8335.96 Cr	7.0%
HDFC Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹31789.66 Cr	7.3%
PGIM India Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹206.70 Cr	6.8%
PGIM India Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹206.70 Cr	7.1%
UTI Money Market Fund Regular Growth Low to Moderate Risk	0.2%	0.0%	₹19300.55 Cr	7.2%
Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹4196.35 Cr	6.6%
Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4196.35 Cr	7.3%
Kotak Money Market Scheme Regular Growth Low to Moderate Risk	0.3%	0.0%	₹32187.70 Cr	7.1%
Aditya BSL Money Manager Fund Regular Growth Moderate Risk	0.4%	0.0%	₹27448.70 Cr	7.0%
Bandhan Money Manager Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹12313.03 Cr	7.1%
DSP Savings Fund Regular Growth Moderate Risk	0.4%	0.0%	₹8335.96 Cr	6.7%
HSBC Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹4894.59 Cr	7.0%
SBI Savings Fund Regular Growth Moderate Risk	0.7%	0.0%	₹33641.56 Cr	6.8%
ICICI Prudential Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹31850.85 Cr	7.2%
Nippon India Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹20189.58 Cr	7.1%
HDFC Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹31789.66 Cr	7.1%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3830.50 Cr	7.2%
Tata Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹35599.90 Cr	7.1%
LIC MF Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹4006.23 Cr	6.7%
LIC MF Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4006.23 Cr	7.0%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹118.90 Cr	6.7%

About the AMC

LIC Mutual Fund

+91 022-66016000

https://www.licmf.com/

Total AUM

₹46,280 Cr

Address

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

Other Funds by LIC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
LIC MF Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹527.27 Cr	-
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	0.5%	1.0%	₹904.43 Cr	-
LIC MF Manufacturing Fund Direct Growth Very High Risk	0.7%	1.0%	₹749.76 Cr	13.1%
LIC MF Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2992.97 Cr	7.0%
LIC MF Aggressive Hybrid Fund Direct Growth Very High Risk	1.4%	1.0%	₹534.47 Cr	8.2%
LIC MF Medium to Long Duration Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹199.40 Cr	6.0%
LIC MF Flexi Cap Fund Direct Growth Very High Risk	1.3%	1.0%	₹1765.96 Cr	5.5%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹56.96 Cr	1.6%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1873.26 Cr	7.1%
LIC MF Large Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1433.80 Cr	7.4%
LIC MF Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1938.34 Cr	7.2%
LIC MF S & P Sensex Index Fund Direct Growth Very High Risk	0.8%	0.0%	₹90.87 Cr	7.6%
LIC MF Nifty 50 Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹358.74 Cr	9.6%
LIC MF Infrastructure Fund Direct Growth Very High Risk	0.8%	1.0%	₹946.24 Cr	11.8%
LIC MF Liquid Plan Direct Growth Moderate Risk	0.1%	0.0%	₹12352.47 Cr	6.4%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹1053.61 Cr	3.7%
LIC MF Gold ETF FOF Direct Growth High Risk	0.3%	1.0%	₹623.38 Cr	73.2%
LIC MF Equity Savings Fund Direct Growth Moderately High risk	1.2%	1.0%	₹36.23 Cr	6.2%
LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹99.93 Cr	9.3%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹264.03 Cr	7.4%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹281.47 Cr	6.8%
LIC MF Balanced Advantage Fund Direct Growth Very High Risk	0.8%	1.0%	₹718.69 Cr	5.2%
LIC MF Focused 30 Equity Direct Growth Very High Risk	1.6%	1.0%	₹172.37 Cr	0.2%
LIC MF Long Term Value Fund Direct Growth Very High Risk	1.4%	1.0%	₹199.33 Cr	3.5%
LIC MF Healthcare Fund Direct Growth Very High Risk	1.2%	1.0%	₹83.12 Cr	-3.9%
LIC MF Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹619.16 Cr	-5.2%
LIC MF Conservative Hybrid Fund Direct Growth Moderately High risk	1.4%	1.0%	₹49.19 Cr	5.2%
LIC MF Midcap Fund Direct Growth Very High Risk	1.4%	1.0%	₹345.56 Cr	4.7%
LIC MF Banking & Financial Services Fund Direct Growth Very High Risk	1.2%	1.0%	₹278.17 Cr	20.7%
LIC MF Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4006.23 Cr	7.0%
LIC MF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹712.15 Cr	5.7%
LIC MF Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1828.32 Cr	8.0%
LIC MF Dividend Yield Fund Direct Growth Very High Risk	0.7%	1.0%	₹688.69 Cr	8.5%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹220.41 Cr	6.8%

Risk Level

Your principal amount will be at Moderate Risk

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What is the current NAV of LIC MF Money Market Fund Direct Growth?

The NAV of LIC MF Money Market Fund Direct Growth, as of 06-Feb-2026, is ₹1249.91.

What are the returns of LIC MF Money Market Fund Direct Growth?

The fund has generated 6.98% over the last 1 year and 6.73% 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 Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 25.34% in bonds, and 74.38% in cash and cash equivalents.

Who manages the LIC MF Money Market Fund Direct Growth?

The fund managers responsible for LIC MF Money Market Fund Direct Growth are:-

Rahul Singh
Pratik Shroff

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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LIC MF Money Market Fund Direct Growth

Fund Overview