LIC MF Ultra Short Duration Fund Direct Growth

Fund Overview

Fund Size

₹161 Cr

Expense Ratio

0.25%

ISIN

INF767K01QU8

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

27 Nov 2019

About this fund

LIC MF Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 4 years, 7 months and 29 days, having been launched on 27-Nov-19.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹1259.75, Assets Under Management (AUM) of 161.02 Crores, and an expense ratio of 0.25%.

LIC MF Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.08% since inception.
The fund's asset allocation comprises around 0.00% in equities, 46.55% in debts, and 53.22% 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

+7.19%

+6.09% (Cat Avg.)

3 Years

+5.56%

+5.26% (Cat Avg.)

Since Inception

+5.08%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Debt	₹74.96 Cr	46.55%
Others	₹86.06 Cr	53.45%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
182 DTB 18102024	Bond - Gov't/Treasury	₹29.4 Cr	10.44%
Power Finance Corporation Limited	Bond - Corporate Bond	₹26.19 Cr	9.30%
Larsen And Toubro Limited	Bond - Corporate Bond	₹25.98 Cr	9.23%
Tata Capital Limited	Bond - Corporate Bond	₹24.53 Cr	8.71%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹24.19 Cr	8.59%
Canara Bank	Bond - Gov't Agency Debt	₹24.19 Cr	8.59%
Axis Bank Limited	Cash - CD/Time Deposit	₹23.95 Cr	8.50%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹23.25 Cr	8.26%
Piramal Capital & Housing Finance Ltd.	Bond - Corporate Bond	₹19.62 Cr	6.97%
HDFC Securities Limited	Cash - Commercial Paper	₹14.88 Cr	5.28%
HDFC Bank Limited	Cash - CD/Time Deposit	₹14.87 Cr	5.28%
Godrej Housing Finance Limited	Cash - Commercial Paper	₹14.86 Cr	5.28%
Time Technoplast Limited	Cash - Commercial Paper	₹9.6 Cr	3.41%
Motilal Oswal Financial Services Ltd	Cash - Commercial Paper	₹4.99 Cr	1.77%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹2.07 Cr	0.74%
Net Receivables / (Payables)	Cash	₹-1.62 Cr	0.57%
SBI CDMDF--A2	Mutual Fund - Open End	₹0.62 Cr	0.22%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹98.39 Cr	34.94%
Cash - CD/Time Deposit	₹63.01 Cr	22.38%
Bond - Gov't Agency Debt	₹47.44 Cr	16.85%
Cash - Commercial Paper	₹44.33 Cr	15.74%
Bond - Gov't/Treasury	₹29.4 Cr	10.44%
Cash	₹-1.62 Cr	0.57%
Mutual Fund - Open End	₹0.62 Cr	0.22%

Risk & Performance Ratios

Fund Managers

Rahul Singh

Since November 2019

Additional Scheme Detailsas of 30th June 2024

ISIN

INF767K01QU8

Expense Ratio

0.25%

Exit Load

No Charges

Fund Size

₹161 Cr

Age

27 Nov 2019

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Ultra Short Dur 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

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 Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹243.56 Cr	6.7%
Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹568.43 Cr	6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1535.17 Cr	7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1535.17 Cr	7.5%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹161.02 Cr	7.2%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹161.02 Cr	6.5%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹2239.53 Cr	7.0%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹7168.59 Cr	7.0%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹239.90 Cr	7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹239.90 Cr	7.6%

About the AMC

LIC Mutual Fund

+91 022-66016000

https://www.licmf.com/

Total AUM

₹30,884 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 Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3000.98 Cr	49.9%
LIC MF Aggressive Hybrid Fund Direct Growth Very High Risk	1.4%	1.0%	₹543.31 Cr	28.5%
LIC MF Medium to Long Duration Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹169.08 Cr	7.8%
LIC MF Flexi Cap Fund Direct Growth Very High Risk	1.4%	1.0%	₹1185.49 Cr	35.6%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.8%	0.0%	₹70.31 Cr	8.2%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1408.33 Cr	7.4%
LIC MF Large Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1514.67 Cr	30.5%
LIC MF Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1428.43 Cr	7.5%
LIC MF S & P Sensex Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹83.43 Cr	21.6%
LIC MF Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹315.82 Cr	25.0%
LIC MF Infrastructure Fund Direct Growth Very High Risk	1.4%	1.0%	₹430.21 Cr	85.0%
LIC MF Liquid Plan Direct Growth Low to Moderate Risk	0.2%	0.0%	₹11189.69 Cr	7.4%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹1152.41 Cr	35.2%
LIC MF Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹98.59 Cr	7.8%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹253.59 Cr	8.0%
LIC MF Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	1.0%	₹881.51 Cr	17.3%
LIC MF Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	1.0%	₹51.13 Cr	10.3%
LIC MF Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹303.28 Cr	13.5%
LIC MF Money Market Fund Direct Growth Low Risk	0.6%	0.0%	₹25.21 Cr	6.8%
LIC MF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹513.73 Cr	6.8%
LIC MF Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1185.49 Cr	51.1%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹161.02 Cr	7.2%

Risk Level

Your principal amount will be at Low to Moderate Risk

Still got questions?
We're here to help.

What is the current NAV of LIC MF Ultra Short Duration Fund Direct Growth?

The NAV of LIC MF Ultra Short Duration Fund Direct Growth, as of 25-Jul-2024, is ₹1259.75.

What are the returns of LIC MF Ultra Short Duration Fund Direct Growth?

The fund has generated 7.19% over the last 1 year and 5.56% 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 Ultra Short Duration Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 46.55% in bonds, and 53.22% in cash and cash equivalents.

Who manages the LIC MF Ultra Short Duration Fund Direct Growth?

The fund managers responsible for LIC MF Ultra Short 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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