LIC MF Medium to Long Duration Bond Fund Direct IDCW

Debt
Medium to Long Duration
Moderate Risk
Payout
4.40%
3Y annualised
-0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Sep 2023₹16.09
Min. SIP amount₹1,000
Rating3
Fund size₹206.87Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Medium to Long Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.8%4.4%7.1%7.0%
Category average6.7%4.4%6.3%NA
Rank with in category5109NA
Understand terms

Holdings (8)

NameSectorInstrumentAssets
SovereignGOI Sec40.6%
Maharashtra State
OthersSDL20.4%
OthersSDL12.5%
SovereignGOI Sec7.8%
Maharashtra State
OthersSDL7.6%
HDFC Bank Ltd.
FinancialDebenture4.9%
OthersSDL2.5%
Haryana State
OthersSDL2.0%

Pros and cons

Category: Debt Medium to Long Duration

Pros

Cons

Lower expense ratio: 0.21%
3Y annualised returns lower than category average by 0.01%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y, 5Y and 10Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 0.21%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

Fund management

Marzban Irani
Aug 2016 - Present
View details

Education
Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
Experience
Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
Also manages these schemes

Sanjay Pawar
Jan 2022 - Present
View details

Education
Mr. Pawar is a B.Com, MBA
Experience
Prior to joining LIC Mutual Fund, he has worked with Taurus Mutual Fund, Edelweiss Securities Ltd., CRISIL Limited, ICAP.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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