How to Invest in LIC MF Medium to Long Duration Fund Direct IDCW?

You can easily invest in LIC MF Medium to Long Duration Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for LIC MF Medium to Long Duration Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in LIC MF Medium to Long Duration Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Medium to Long Duration Fund Direct IDCW provide?

The LIC MF Medium to Long Duration Fund Direct IDCW has been there from 02 Jan 2013 and the average annual returns provided by this fund is 6.60% since its inception.

How much expense ratio is charged by LIC MF Medium to Long Duration Fund Direct IDCW?

The term Expense Ratio used for LIC MF Medium to Long Duration Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of LIC MF Medium to Long Duration Fund Direct IDCW is 0.21% as of 14 Feb 2026...

What is the AUM of LIC MF Medium to Long Duration Fund Direct IDCW?

The AUM, short for Assets Under Management of LIC MF Medium to Long Duration Fund Direct IDCW is ₹200.91Cr as of 14 Feb 2026.

How to Redeem LIC MF Medium to Long Duration Fund Direct IDCW?

If you want to sell your LIC MF Medium to Long Duration Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Medium to Long Duration Fund Direct IDCW?

You can select either SIP or Lumpsum investment of LIC MF Medium to Long Duration Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of LIC MF Medium to Long Duration Fund Direct IDCW?

The NAV of LIC MF Medium to Long Duration Fund Direct IDCW is ₹19.28 as of 13 Feb 2026.

What is the PE and PB ratio of LIC MF Medium to Long Duration Fund Direct IDCW?

The PE ratio ratio of LIC MF Medium to Long Duration Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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LIC MF Medium to Long Duration Fund Direct IDCW

Name: LIC MF Medium to Long Duration Fund Direct IDCW
Brand: LIC Mutual Fund

Debt

Medium to Long Duration

Moderate Risk

Payout

+8.10%

3Y annualised

+0.08% 1D

All

NAV: 13 Feb '26

₹19.28

Min. SIP amount

₹200

Fund size

₹200.91 Cr

Expense ratio

0.21%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹62,191	+3.65%
3 years	₹1,80,000	₹2,02,828	+12.68%
5 years	₹3,00,000	₹3,54,186	+18.06%

Holdings (15)

Name	Sector	Instruments	Assets
Gujarat State	Construction	SDL	12.97%
GOI	Sovereign	GOI Sec	12.26%
GOI	Sovereign	GOI Sec	10.60%
GOI	Sovereign	GOI Sec	9.97%
GOI	Sovereign	GOI Sec	7.83%
HDFC Bank Ltd.	Financial	CD	7.02%
GOI	Sovereign	GOI Sec	5.20%
Jamnagar Utilities and Power Pvt. Ltd.	Capital Goods	Debenture	5.03%
GOI	Sovereign	GOI Sec	4.69%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	3.91%
National Housing Bank	Financial	Debenture	2.66%
GOI	Sovereign	GOI Sec	2.51%
GOI	Sovereign	GOI Sec	2.50%
GOI	Sovereign	GOI Sec	2.41%
GOI	Sovereign	GOI Sec	0.99%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹500

Min. for SIP

₹200

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+8.1%	+6.1%	+7.0%	+7.1%
Category average (Debt Medium to Long Duration)	+6.8%	+5.2%	+6.4%	--
Rank (Debt Medium to Long Duration)	1	7	9	--

Exit load, stamp duty and tax

Exit load

Exit load of 0.25% if redeemed within 15 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	LIC MF Medium to Long Duration Fund Direct IDCW	+6.60%	+8.10%	200.91
	HDFC Income Fund Direct IDCW	+5.53%	+7.44%	879.42
	UTI Medium to Long Duration Fund Direct IDCW Quarterly	+5.32%	+7.01%	306.65
	UTI Medium to Long Duration Fund Direct Flexi IDCW	+5.32%	+7.01%	306.65
	Canara Robeco Income Direct IDCW Quarterly	+5.08%	+6.93%	118.16
Compare

Fund management

RS
Rahul Singh
Oct 2025 - Present
View details

Education

Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.

Experience

Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

Also manages these schemes

LIC MF Money Market Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth

LIC MF Overnight Fund Direct Growth

LIC MF Banking & PSU Fund Direct Growth

LIC MF Ultra Short Duration Fund Direct Growth

LIC MF Liquid Fund Direct Growth

LIC MF Gilt Fund Direct Growth

LIC MF Medium to Long Duration Fund Direct Growth

LIC MF Short Duration Fund Direct Growth

LIC MF Low Duration Fund Direct Growth

PHS
Pratik Harish Shroff
Sep 2023 - Present
View details

Education

Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta

Experience

Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities

Also manages these schemes

LIC MF Money Market Fund Direct Growth

LIC MF Aggressive Hybrid Fund Direct Growth

LIC MF Arbitrage Fund Direct Growth

LIC MF Unit Linked Insurance Scheme Direct IDCW

LIC MF Banking & PSU Fund Direct Growth

LIC MF Ultra Short Duration Fund Direct Growth

LIC MF Children's Fund Direct Growth

LIC MF Multi Asset Allocation Fund Direct Growth

LIC MF Gilt Fund Direct Growth

LIC MF Medium to Long Duration Fund Direct Growth

LIC MF Short Duration Fund Direct Growth

LIC MF Conservative Hybrid Fund Direct Growth

LIC MF Equity Savings Fund Direct Growth

LIC MF Low Duration Fund Direct Growth

About LIC MF Medium to Long Duration Fund Direct IDCW

LIC MF Medium to Long Duration Fund Direct IDCW is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Rahul Singh is the Current Fund Manager of LIC MF Medium to Long Duration Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹44,738 Cr and the Latest NAV as of 13 Feb 2026 is ₹19.28. The LIC MF Medium to Long Duration Fund Direct IDCW is rated Moderate risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 15 days. ;

Investment Objective

The scheme endevours to generate attractive return by investing predominantly in quality debt and money market securities. The scheme may also take a 20 per cent exposure to equity.

Fund benchmarkCRISIL Medium to Long Duration Debt A-III Index

Scheme Information Document(SID)