LIC MF Low Duration Fund Regular Growth
DebtLow DurationLow to Moderate Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,165 Cr
Expense Ratio
0.96%
ISIN
INF767K01AO5
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
29 May 2003
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹37.28, Assets Under Management (AUM) of 1165.14 Crores, and an expense ratio of 0.96%.
- LIC MF Low Duration Fund Regular Growth has given a CAGR return of 6.38% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 45.28% in debts, and 54.49% in cash & cash equivalents.
- You can start investing in LIC MF Low 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
+6.82%
+6.56% (Cat Avg.)
3 Years
+5.36%
+5.57% (Cat Avg.)
5 Years
+5.61%
+5.68% (Cat Avg.)
10 Years
+6.22%
+5.68% (Cat Avg.)
Since Inception
+6.38%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹527.53 Cr | 45.28% |
| Others | ₹637.61 Cr | 54.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹74.69 Cr | 6.14% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹63.12 Cr | 5.19% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹51.66 Cr | 4.25% |
| 07.17 KA Sdl 2029 | Bond - Gov't/Treasury | ₹50.84 Cr | 4.18% |
| National Housing Bank | Bond - Corporate Bond | ₹50.41 Cr | 4.14% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹50.32 Cr | 4.14% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.28 Cr | 4.05% |
| 182 DTB 23012025 | Bond - Gov't/Treasury | ₹48.58 Cr | 3.99% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.47 Cr | 3.98% |
| Export Import Bank Of India | Cash - Commercial Paper | ₹48.41 Cr | 3.98% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.27 Cr | 3.97% |
| Icici Securities Limited | Cash - Commercial Paper | ₹47.91 Cr | 3.94% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.16 Cr | 3.88% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.13 Cr | 3.87% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹46.67 Cr | 3.84% |
| Tata Motors Finance Limited | Bond - Corporate Bond | ₹29.25 Cr | 2.40% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹28.56 Cr | 2.35% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.49 Cr | 2.18% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.85 Cr | 2.12% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.41 Cr | 2.09% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.18 Cr | 2.07% |
| Aditya Birla Housing Finance Ltd. 8.0956% | Bond - Corporate Bond | ₹25.06 Cr | 2.06% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.05 Cr | 2.06% |
| Treps | Cash - Repurchase Agreement | ₹24.95 Cr | 2.05% |
| 182 DTB 29082024 | Bond - Gov't/Treasury | ₹24.94 Cr | 2.05% |
| 182 DTB 28112024 | Bond - Gov't/Treasury | ₹24.54 Cr | 2.02% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.48 Cr | 2.01% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.98 Cr | 1.97% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹23.59 Cr | 1.94% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.48 Cr | 1.93% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹23.46 Cr | 1.93% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹19.76 Cr | 1.62% |
| National Housing Bank 7.83% | Bond - Corporate Bond | ₹15.56 Cr | 1.28% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹4.8 Cr | 0.39% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-3.33 Cr | 0.27% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹2.9 Cr | 0.24% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹453.48 Cr | 37.27% |
| Cash - CD/Time Deposit | ₹363.7 Cr | 29.89% |
| Cash - Commercial Paper | ₹226.24 Cr | 18.59% |
| Bond - Gov't/Treasury | ₹148.9 Cr | 12.24% |
| Cash - Repurchase Agreement | ₹24.95 Cr | 2.05% |
| Cash - Collateral | ₹-3.33 Cr | 0.27% |
| Mutual Fund - Open End | ₹2.9 Cr | 0.24% |
| Bond - Short-term Government Bills | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.60%
Cat. avg.
0.86%
Lower the better
Sharpe Ratio
This fund
-1.51
Cat. avg.
-0.65
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Rahul Singh
Since September 2015
Additional Scheme Detailsas of 15th August 2024
ISIN | INF767K01AO5 | Expense Ratio | 0.96% | Exit Load | No Charges | Fund Size | ₹1,165 Cr | Age | 29 May 2003 | 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:
- 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 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% | ₹555.40 Cr | 7.8% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹555.40 Cr | 6.9% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2719.06 Cr | 7.1% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹9391.43 Cr | 6.9% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹1021.27 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹17983.36 Cr | 7.2% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5879.14 Cr | 7.1% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹1002.41 Cr | 7.2% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹19193.04 Cr | 7.7% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹379.61 Cr | 6.9% |
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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