Fund Overview
Fund Size
₹10,955 Cr
Expense Ratio
0.16%
ISIN
INF767K01DN1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
LIC MF Liquid Plan Direct Growth is a Liquid mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 11 years, 9 months and 5 days, having been launched on 01-Jan-13.
As of 06-Oct-24, it has a Net Asset Value (NAV) of ₹4550.90, Assets Under Management (AUM) of 10955.03 Crores, and an expense ratio of 0.16%.
As of 06-Oct-24, it has a Net Asset Value (NAV) of ₹4550.90, Assets Under Management (AUM) of 10955.03 Crores, and an expense ratio of 0.16%.
- LIC MF Liquid Plan Direct Growth has given a CAGR return of 6.86% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 1.79% in debts, and 97.97% in cash & cash equivalents.
- You can start investing in LIC MF Liquid Plan 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
+7.48%
+6.04% (Cat Avg.)
3 Years
+6.18%
+5.36% (Cat Avg.)
5 Years
+5.36%
+4.41% (Cat Avg.)
10 Years
+6.46%
+5.20% (Cat Avg.)
Since Inception
+6.86%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2024
| Debt | ₹196.29 Cr | 1.79% |
| Others | ₹10,758.74 Cr | 98.21% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash - Collateral | ₹-616.46 Cr | 5.63% |
| 91 DTB 31102024 | Bond - Gov't/Treasury | ₹396.77 Cr | 3.62% |
| 91 DTB 28112024 | Bond - Gov't/Treasury | ₹394.8 Cr | 3.60% |
| State Bank of India | Bond - Corporate Bond | ₹393.23 Cr | 3.59% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹344.47 Cr | 3.14% |
| India (Republic of) | Bond - Short-term Government Bills | ₹299.84 Cr | 2.74% |
| India (Republic of) | Bond - Short-term Government Bills | ₹298.66 Cr | 2.73% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹297.21 Cr | 2.71% |
| 91 DTB 15112024 | Bond - Gov't/Treasury | ₹296.8 Cr | 2.71% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹295.22 Cr | 2.69% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹280.92 Cr | 2.56% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹247.88 Cr | 2.26% |
| State Bank Of India | Cash - CD/Time Deposit | ₹247.82 Cr | 2.26% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹247.37 Cr | 2.26% |
| Bank of Baroda | Bond - Corporate Bond | ₹245.84 Cr | 2.24% |
| Canara Bank | Bond - Gov't Agency Debt | ₹245.73 Cr | 2.24% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹245.72 Cr | 2.24% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹224.83 Cr | 2.05% |
| Redington (India) Limited | Cash - Commercial Paper | ₹199.72 Cr | 1.82% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹199.54 Cr | 1.82% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹197.89 Cr | 1.81% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹197.8 Cr | 1.81% |
| 364 DTB 21112024 | Bond - Gov't/Treasury | ₹197.65 Cr | 1.80% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹197.6 Cr | 1.80% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹197.11 Cr | 1.80% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹196.94 Cr | 1.80% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹196.91 Cr | 1.80% |
| Bank of Baroda | Bond - Corporate Bond | ₹196.83 Cr | 1.80% |
| Reliance Jio Infocomm Limited | Cash - Commercial Paper | ₹196.8 Cr | 1.80% |
| Canara Bank | Bond - Gov't Agency Debt | ₹196.7 Cr | 1.80% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹196.68 Cr | 1.80% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹196.68 Cr | 1.80% |
| Bank of Baroda | Bond - Corporate Bond | ₹196.6 Cr | 1.79% |
| Godrej Finance Ltd. | Cash - Commercial Paper | ₹196.28 Cr | 1.79% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹174.86 Cr | 1.60% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹173.37 Cr | 1.58% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹149.89 Cr | 1.37% |
| NTPC Ltd. | Cash - Commercial Paper | ₹149.89 Cr | 1.37% |
| 364 DTB 17102024 | Bond - Gov't/Treasury | ₹149.16 Cr | 1.36% |
| 364 DTB 24102024 | Bond - Gov't/Treasury | ₹148.98 Cr | 1.36% |
| Canara Bank | Cash - CD/Time Deposit | ₹124.95 Cr | 1.14% |
| Godrej Consumer Products Limited | Cash - Commercial Paper | ₹123.71 Cr | 1.13% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹99.96 Cr | 0.91% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹99.94 Cr | 0.91% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹99 Cr | 0.90% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹98.85 Cr | 0.90% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹98.78 Cr | 0.90% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹98.71 Cr | 0.90% |
| 91 DTB 05122024 | Bond - Gov't/Treasury | ₹98.58 Cr | 0.90% |
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹98.55 Cr | 0.90% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.54 Cr | 0.90% |
| Piramal Enterprises Limited | Cash - Commercial Paper | ₹98.48 Cr | 0.90% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹98.47 Cr | 0.90% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹98.34 Cr | 0.90% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹98.27 Cr | 0.90% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹98.24 Cr | 0.90% |
| Aditya Birla Housing Finance Ltd. | Bond - Corporate Bond | ₹98.2 Cr | 0.90% |
| HDFC Securities Limited | Bond - Corporate Bond | ₹98.1 Cr | 0.90% |
| Piramal Enterprises Limited | Cash - Commercial Paper | ₹88.61 Cr | 0.81% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹74.96 Cr | 0.68% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹74.36 Cr | 0.68% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹49.96 Cr | 0.46% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.65 Cr | 0.45% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.63 Cr | 0.45% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.35 Cr | 0.45% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.28 Cr | 0.45% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.2 Cr | 0.45% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Bond - Corporate Bond | ₹49.09 Cr | 0.45% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹26.43 Cr | 0.24% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹26.33 Cr | 0.24% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹5,120.09 Cr | 46.74% |
| Bond - Gov't/Treasury | ₹1,979.94 Cr | 18.07% |
| Cash - CD/Time Deposit | ₹1,854.17 Cr | 16.93% |
| Bond - Corporate Bond | ₹1,549.94 Cr | 14.15% |
| Cash - Collateral | ₹-616.46 Cr | 5.63% |
| Bond - Short-term Government Bills | ₹598.5 Cr | 5.46% |
| Bond - Gov't Agency Debt | ₹442.42 Cr | 4.04% |
| Mutual Fund - Open End | ₹26.43 Cr | 0.24% |
Risk & Performance Ratios
Standard Deviation
This fund
0.44%
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
1.06
Cat. avg.
-1.35
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.68
Higher the better
Fund Managers
Rahul Singh
Since October 2015
Additional Scheme Detailsas of 15th September 2024
ISIN | INF767K01DN1 | Expense Ratio | 0.16% | Exit Load | No Charges | Fund Size | ₹10,955 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Liquid 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 Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3568.45 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹70.50 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹794.39 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹794.39 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹359.09 Cr | 5.9% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11400.05 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹302.39 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹784.74 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹784.74 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹302.39 Cr | 7.2% |
About the AMC
Total AUM
₹31,651 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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What is the current NAV of LIC MF Liquid Plan Direct Growth?
The NAV of LIC MF Liquid Plan Direct Growth, as of 06-Oct-2024, is ₹4550.90.
What are the returns of LIC MF Liquid Plan Direct Growth?
The fund has generated 7.48% over the last 1 year and 6.18% 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 Liquid Plan Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 1.79% in bonds, and 97.97% in cash and cash equivalents.
Who manages the LIC MF Liquid Plan Direct Growth?
The fund managers responsible for LIC MF Liquid Plan 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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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.
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.