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Fund Overview

Fund Size

Fund Size

₹21 Cr

Expense Ratio

Expense Ratio

0.18%

ISIN

ISIN

INF767K01RE0

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

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 1 years, 8 months and 18 days, having been launched on 01-Aug-22.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹1113.19, Assets Under Management (AUM) of 21.45 Crores, and an expense ratio of 0.18%.
  • LIC MF Money Market Fund Direct Growth has given a CAGR return of 6.46% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.07% 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

+6.93%

+1.70%(Cat. Avg.)

Since Inception

+6.46%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Others21.45 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
182 DTB 09052024Bond - Gov't/Treasury14.9 Cr69.45%
TrepsCash - Repurchase Agreement5.15 Cr24.00%
Net Receivables / (Payables)Cash-2.74 Cr12.76%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit1.97 Cr9.20%
Bank Of BarodaCash - CD/Time Deposit1.97 Cr9.19%
SBI CDMDF--A2Mutual Fund - Open End0.2 Cr0.93%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Gov't/Treasury14.9 Cr69.45%
Cash - Repurchase Agreement5.15 Cr24.00%
Cash - CD/Time Deposit3.94 Cr18.39%
Cash-2.74 Cr12.76%
Mutual Fund - Open End0.2 Cr0.93%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.68%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.17

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

Higher the better

Fund Managers

Rahul Singh

Rahul Singh

Since August 2022

Additional Scheme Detailsas of 31st March 2024

ISININF767K01RE0Expense Ratio0.18%Exit LoadNo ChargesFund Size₹21 CrAge01 Aug 2022Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Money Market 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 Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹400.39 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.26 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹202.26 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹99.85 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹99.85 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹21.45 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

0.6%0.0%₹21.45 Cr6.5%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹14015.19 Cr7.6%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1445.96 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18272.41 Cr7.5%

About the AMC

Total AUM

₹30,305 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

0.5%1.0%₹2551.04 Cr39.7%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹502.96 Cr27.2%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹169.94 Cr7.8%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹942.29 Cr34.2%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹47.00 Cr7.2%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1362.71 Cr7.1%
LIC MF Large Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹1395.24 Cr25.3%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1253.20 Cr7.4%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.25 Cr22.5%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹295.61 Cr25.4%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.2%1.0%₹225.40 Cr68.3%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹8304.96 Cr7.3%
LIC MF ELSS Direct Growth

Very High Risk

0.6%0.0%₹1021.77 Cr31.0%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹84.58 Cr7.2%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹143.11 Cr8.0%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹891.44 Cr16.9%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹51.50 Cr8.4%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹289.55 Cr21.3%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹21.45 Cr6.9%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹596.62 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹928.26 Cr40.3%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹239.16 Cr6.8%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of LIC MF Money Market Fund Direct Growth, as of 18-Apr-2024, is ₹1113.19.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.07% in cash and cash equivalents.
The fund managers responsible for LIC MF Money Market Fund Direct Growth are:-
  1. Rahul Singh