LIC MF Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹346 Cr
Expense Ratio
0.25%
ISIN
INF767K01QU8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
27 Nov 2019
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹1296.85, Assets Under Management (AUM) of 345.69 Crores, and an expense ratio of 0.25%.
- LIC MF Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.27% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 13.39% in debts, and 86.34% in cash & cash equivalents.
- You can start investing in LIC MF Ultra 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
+7.62%
+6.90% (Cat Avg.)
3 Years
+6.10%
+5.99% (Cat Avg.)
5 Years
+5.25%
+5.28% (Cat Avg.)
Since Inception
+5.27%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹46.3 Cr | 13.39% |
| Others | ₹299.39 Cr | 86.61% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.56 Cr | 9.80% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.64 Cr | 9.09% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.34 Cr | 8.98% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.25 Cr | 8.95% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.19 Cr | 8.93% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.12 Cr | 8.90% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.05 Cr | 8.87% |
| Export Import Bank Of India | Cash - Commercial Paper | ₹23.37 Cr | 8.63% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.28 Cr | 8.59% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹14.09 Cr | 5.20% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹10 Cr | 3.69% |
| Motilal Oswal Financial Services Ltd. | Cash - Commercial Paper | ₹9.86 Cr | 3.64% |
| Time Technoplast Limited | Cash - Commercial Paper | ₹9.73 Cr | 3.59% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-5.39 Cr | 1.99% |
| 182 DTB 15052025 | Bond - Gov't/Treasury | ₹4.87 Cr | 1.80% |
| 182 Days Tbill Red 23-05-2025 | Bond - Gov't/Treasury | ₹4.86 Cr | 1.79% |
| Treps | Cash - Repurchase Agreement | ₹3.41 Cr | 1.26% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.73 Cr | 0.27% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹182.96 Cr | 67.52% |
| Cash - Commercial Paper | ₹52.96 Cr | 19.55% |
| Bond - Corporate Bond | ₹26.56 Cr | 9.80% |
| Bond - Gov't/Treasury | ₹9.73 Cr | 3.59% |
| Cash - Collateral | ₹-5.39 Cr | 1.99% |
| Cash - Repurchase Agreement | ₹3.41 Cr | 1.26% |
| Mutual Fund - Open End | ₹0.73 Cr | 0.27% |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.62%
Lower the better
Sharpe Ratio
This fund
-0.69
Cat. avg.
-0.50
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.19
Higher the better
Fund Managers
Rahul Singh
Since November 2019
Additional Scheme Detailsas of 15th December 2024
ISIN INF767K01QU8 | Expense Ratio 0.25% | Exit Load No Charges | Fund Size ₹346 Cr | Age 5 years | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Ultra Short Dur Debt A-II 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 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% | ₹239.50 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹607.97 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1254.72 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1254.72 Cr | 7.7% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹345.69 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹345.69 Cr | 6.8% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3038.66 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7783.29 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹220.95 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹220.95 Cr | 7.8% |
About the AMC
LIC Mutual Fund
Total AUM
₹31,261 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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- Rahul Singh
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