LIC MF Short Duration Fund Direct Growth
DebtShort DurationModerate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹109 Cr
Expense Ratio
0.37%
ISIN
INF767K01PW6
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Feb 2019
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹14.72, Assets Under Management (AUM) of 109.13 Crores, and an expense ratio of 0.37%.
- LIC MF Short Duration Fund Direct Growth has given a CAGR return of 6.89% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 91.11% in debts, and 8.54% in cash & cash equivalents.
- You can start investing in LIC MF 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
+8.64%
+7.59% (Cat Avg.)
3 Years
+6.07%
+5.93% (Cat Avg.)
5 Years
+6.20%
+6.12% (Cat Avg.)
Since Inception
+6.89%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹99.43 Cr | 91.11% |
| Others | ₹9.7 Cr | 8.89% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹20.48 Cr | 18.95% |
| Export-Import Bank Of India | Bond - Corporate Bond | ₹10.64 Cr | 9.85% |
| Tata Capital Financial Services Limited | Bond - Corporate Bond | ₹5.41 Cr | 5.01% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹5.4 Cr | 5.00% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹5.28 Cr | 4.89% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.21 Cr | 4.83% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.21 Cr | 4.82% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹5.19 Cr | 4.80% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.18 Cr | 4.80% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.13 Cr | 4.75% |
| Nhpc Limited | Bond - Corporate Bond | ₹5.12 Cr | 4.74% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.1 Cr | 4.72% |
| Rec Limited | Bond - Corporate Bond | ₹5.06 Cr | 4.68% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹5.04 Cr | 4.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹4.99 Cr | 4.62% |
| Treps | Cash - Repurchase Agreement | ₹4.84 Cr | 4.48% |
| Axis Bank Ltd. ** # | Cash | ₹4.8 Cr | 4.45% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-0.42 Cr | 0.38% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.38 Cr | 0.35% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹67.67 Cr | 62.62% |
| Bond - Gov't/Treasury | ₹30.79 Cr | 28.49% |
| Cash - Repurchase Agreement | ₹4.84 Cr | 4.48% |
| Cash | ₹4.8 Cr | 4.45% |
| Cash - Collateral | ₹-0.42 Cr | 0.38% |
| Mutual Fund - Open End | ₹0.38 Cr | 0.35% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.20%
Cat. avg.
1.68%
Lower the better
Sharpe Ratio
This fund
-0.06
Cat. avg.
-0.34
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.10
Higher the better
Fund Managers
Marzban Irani
Since February 2019
Pratik Shroff
Since September 2023
Additional Scheme Detailsas of 15th November 2024
ISIN INF767K01PW6 | Expense Ratio 0.37% | Exit Load No Charges | Fund Size ₹109 Cr | Age 5 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Short Duration Debt 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 Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹9301.38 Cr | 8.1% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹365.74 Cr | 7.7% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2904.29 Cr | 7.5% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹9724.53 Cr | 8.1% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹365.74 Cr | 8.6% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹19922.45 Cr | 8.0% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹66.75 Cr | 7.9% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹66.75 Cr | 8.9% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹7665.31 Cr | 8.1% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14972.01 Cr | 8.5% |
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 Moderate Risk
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- Marzban Irani
- Pratik Shroff
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