LIC MF Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,632 Cr
Expense Ratio
0.27%
ISIN
INF767K01FM8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹40.84, Assets Under Management (AUM) of 1631.93 Crores, and an expense ratio of 0.27%.
- LIC MF Low Duration Fund Direct Growth has given a CAGR return of 7.19% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 40.22% in debts, and 59.61% in cash & cash equivalents.
- You can start investing in LIC MF Low 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
+7.85%
+6.86% (Cat Avg.)
3 Years
+6.35%
+5.82% (Cat Avg.)
5 Years
+6.21%
+5.80% (Cat Avg.)
10 Years
+6.81%
+5.68% (Cat Avg.)
Since Inception
+7.19%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹656.28 Cr | 40.22% |
| Others | ₹975.65 Cr | 59.78% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹126.72 Cr | 7.35% |
| Hdfc Bank Ltd. ** # | Cash | ₹119.02 Cr | 6.91% |
| Axis Bank Ltd. ** # | Cash | ₹95.33 Cr | 5.53% |
| Small Industries Development Bk Of India ** # | Cash | ₹93.95 Cr | 5.45% |
| Time Technoplast Ltd. ** | Cash | ₹79.03 Cr | 4.58% |
| Kotak Mahindra Bank Ltd. ** # | Cash | ₹71.9 Cr | 4.17% |
| Aditya Birla Finance Ltd. ** | Cash | ₹71.56 Cr | 4.15% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹53.44 Cr | 3.10% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹52.77 Cr | 3.06% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-52.43 Cr | 3.04% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹51.6 Cr | 2.99% |
| Rec Limited | Bond - Corporate Bond | ₹51.59 Cr | 2.99% |
| National Housing Bank | Bond - Corporate Bond | ₹51.39 Cr | 2.98% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.11 Cr | 2.97% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹50.96 Cr | 2.96% |
| 182 DTB 23012025 | Bond - Gov't/Treasury | ₹49.41 Cr | 2.87% |
| Export Import Bank Of India ** | Cash | ₹49.33 Cr | 2.86% |
| Canara Bank ** # | Cash | ₹49 Cr | 2.84% |
| Icici Securities Ltd. ** | Cash | ₹48.88 Cr | 2.84% |
| Small Industries Development Bk Of India ** | Cash | ₹47.97 Cr | 2.78% |
| Punjab National Bank ** # | Cash | ₹47.69 Cr | 2.77% |
| Icici Bank Ltd. ** # | Cash | ₹47.57 Cr | 2.76% |
| Au Small Finance Bank Ltd. ** # | Cash | ₹32.74 Cr | 1.90% |
| Tata Motors Finance Limited | Bond - Corporate Bond | ₹29.99 Cr | 1.74% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹29.19 Cr | 1.69% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.45 Cr | 1.53% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹26.42 Cr | 1.53% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.35 Cr | 1.53% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.94 Cr | 1.51% |
| 07.18 GJ Sdl 2030 | Bond - Gov't/Treasury | ₹25.78 Cr | 1.50% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.68 Cr | 1.49% |
| Aditya Birla Housing Finance Limited | Bond - Corporate Bond | ₹25.67 Cr | 1.49% |
| 182 DTB 18112024 | Bond - Gov't/Treasury | ₹24.97 Cr | 1.45% |
| 182 DTB 28112024 | Bond - Gov't/Treasury | ₹24.95 Cr | 1.45% |
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹24.52 Cr | 1.42% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.24 Cr | 1.41% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.21 Cr | 1.40% |
| National Housing Bank 7.83% | Bond - Corporate Bond | ₹15.87 Cr | 0.92% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹2.93 Cr | 0.17% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹853.96 Cr | 49.54% |
| Bond - Corporate Bond | ₹594.43 Cr | 34.49% |
| Bond - Gov't/Treasury | ₹149.63 Cr | 8.68% |
| Cash - Repurchase Agreement | ₹126.72 Cr | 7.35% |
| Cash - Collateral | ₹-52.43 Cr | 3.04% |
| Bond - Short-term Government Bills | ₹48.45 Cr | 2.81% |
| Mutual Fund - Open End | ₹2.93 Cr | 0.17% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.58%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
0.44
Cat. avg.
-0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.37
Higher the better
Fund Managers
Rahul Singh
Since September 2015
Additional Scheme Detailsas of 15th November 2024
ISIN INF767K01FM8 | Expense Ratio 0.27% | Exit Load No Charges | Fund Size ₹1,632 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Low Duration 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:
Dividend Taxation:
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 Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹578.67 Cr | 8.0% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹578.67 Cr | 7.2% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2587.66 Cr | 7.5% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹11241.26 Cr | 7.3% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1248.72 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹17570.32 Cr | 7.5% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5529.40 Cr | 7.4% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹912.42 Cr | 7.4% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹21132.05 Cr | 8.0% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹395.54 Cr | 7.3% |
About the AMC
LIC Mutual Fund
Total AUM
₹30,860 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
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