LIC MF Ultra Short Duration Fund Regular Growth
DebtUltra Short DurationLow to Moderate Risk
Regular
NAV (13-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹341 Cr
Expense Ratio
0.95%
ISIN
INF767K01QO1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
27 Nov 2019
About this fund
As of 13-Sep-24, it has a Net Asset Value (NAV) of ₹1251.88, Assets Under Management (AUM) of 341.12 Crores, and an expense ratio of 0.95%.
- LIC MF Ultra Short Duration Fund Regular Growth has given a CAGR return of 4.79% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 6.27% in debts, and 93.51% in cash & cash equivalents.
- You can start investing in LIC MF Ultra Short Duration Fund Regular 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
+6.63%
+6.48% (Cat Avg.)
3 Years
+5.31%
+5.56% (Cat Avg.)
Since Inception
+4.79%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹21.4 Cr | 6.27% |
| Others | ₹319.71 Cr | 93.73% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹29.75 Cr | 8.72% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹24.69 Cr | 7.24% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.49 Cr | 7.18% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.35 Cr | 7.14% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.23 Cr | 7.10% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹24.19 Cr | 7.09% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹23.82 Cr | 6.98% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹23.54 Cr | 6.90% |
| Treps | Cash - Repurchase Agreement | ₹21.79 Cr | 6.39% |
| Redington (India) Limited | Cash - Commercial Paper | ₹19.97 Cr | 5.85% |
| Bank of Baroda | Bond - Corporate Bond | ₹19.3 Cr | 5.66% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹19.25 Cr | 5.64% |
| Piramal Capital And Housing Finance Limited | Cash - Commercial Paper | ₹14.93 Cr | 4.38% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹14.74 Cr | 4.32% |
| Piramal Enterprises Ltd. | Cash - Commercial Paper | ₹9.81 Cr | 2.88% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹9.75 Cr | 2.86% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹4.96 Cr | 1.45% |
| 182 DTB 22112024 | Bond - Gov't/Treasury | ₹4.93 Cr | 1.44% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹2.1 Cr | 0.62% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.73 Cr | 0.21% |
| Net Receivables / (Payables) | Cash | ₹-0.19 Cr | 0.06% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹139.68 Cr | 40.95% |
| Cash - Commercial Paper | ₹123.03 Cr | 36.07% |
| Bond - Gov't/Treasury | ₹34.67 Cr | 10.16% |
| Cash - Repurchase Agreement | ₹21.79 Cr | 6.39% |
| Bond - Corporate Bond | ₹21.4 Cr | 6.27% |
| Mutual Fund - Open End | ₹0.73 Cr | 0.21% |
| Cash | ₹-0.19 Cr | 0.06% |
Risk & Performance Ratios
Standard Deviation
This fund
0.45%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
-2.94
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
Rahul Singh
Since November 2019
Additional Scheme Detailsas of 31st August 2024
ISIN | INF767K01QO1 | Expense Ratio | 0.95% | Exit Load | No Charges | Fund Size | ₹341 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
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  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹243.09 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1385.73 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1385.73 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹341.12 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹341.12 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2143.69 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
About the AMC
Total AUM
₹30,456 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- 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.
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