LIC MF Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹267 Cr
Expense Ratio
0.25%
ISIN
INF767K01QU8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
27 Nov 2019
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹1348.45, Assets Under Management (AUM) of 267.38 Crores, and an expense ratio of 0.25%.
- LIC MF Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.53% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.71% in cash & cash equivalents.
- You can start investing in LIC MF Ultra Short 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
+7.87%
+7.18% (Cat Avg.)
3 Years
+6.94%
+6.70% (Cat Avg.)
5 Years
+5.55%
+5.53% (Cat Avg.)
Since Inception
+5.53%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Others | ₹267.38 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹38.12 Cr | 14.26% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.15 Cr | 9.78% |
| Angel One Ltd. ** | Cash - Commercial Paper | ₹24.94 Cr | 9.33% |
| 364 DTB 31072025 | Bond - Gov't/Treasury | ₹24.77 Cr | 9.26% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.66 Cr | 9.22% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹24.28 Cr | 9.08% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.2 Cr | 9.05% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.17 Cr | 9.04% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹19.17 Cr | 7.17% |
| Time Technoplast Ltd. ** | Cash - Commercial Paper | ₹14.64 Cr | 5.48% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹9.77 Cr | 3.66% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹9.72 Cr | 3.63% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹4.94 Cr | 1.85% |
| Net Receivables / (Payables) | Cash | ₹-2.93 Cr | 1.10% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.78 Cr | 0.29% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹111.69 Cr | 41.77% |
| Cash - Commercial Paper | ₹68.79 Cr | 25.73% |
| Cash - Repurchase Agreement | ₹38.12 Cr | 14.26% |
| Bond - Corporate Bond | ₹26.15 Cr | 9.78% |
| Bond - Gov't/Treasury | ₹24.77 Cr | 9.26% |
| Cash | ₹-2.93 Cr | 1.10% |
| Mutual Fund - Open End | ₹0.78 Cr | 0.29% |
Risk & Performance Ratios
Standard Deviation
This fund
0.33%
Cat. avg.
0.49%
Lower the better
Sharpe Ratio
This fund
0.61
Cat. avg.
0.28
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.10
Higher the better
Fund Managers
Rahul Singh
Since November 2019
Additional Scheme Detailsas of 31st May 2025
ISIN | INF767K01QU8 | Expense Ratio | 0.25% | Exit Load | No Charges | Fund Size | ₹267 Cr | Age | 5 years 6 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Dur Debt A-II 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹251.57 Cr | - |
| Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹251.57 Cr | - |
| Invesco India Ultra Short Term Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1051.40 Cr | 8.0% |
| Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹572.44 Cr | 6.0% |
| Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹572.44 Cr | 6.6% |
| ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹162.92 Cr | 6.8% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹162.92 Cr | 7.7% |
| Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2550.51 Cr | 8.0% |
| Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹8772.15 Cr | 8.2% |
| Kotak Savings Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹15401.47 Cr | 7.9% |
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 Moderate Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of LIC MF Ultra Short Duration Fund Direct Growth?
What are the returns of LIC MF Ultra Short Duration Fund Direct Growth?
What is the portfolio composition of LIC MF Ultra Short Duration Fund Direct Growth?
Who manages the LIC MF Ultra Short Duration Fund Direct Growth?
- Rahul Singh
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.