LIC MF Money Market Fund Direct IDCW

Debt
Money Market
Low Risk
1M
6M
1Y
All
NAV: NANA
Min. SIP amount₹1,000
RatingNA
Fund size₹21.45Cr

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 Money Market
Absolute returns
3M6M1YAll
Fund returns1.8%3.5%6.9%11.3%
Category averageNANA7.2%NA
Rank with in category232322NA
Understand terms

Holdings (3)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills69.45%
Small Industries Devp. Bank of India Ltd.
FinancialCP9.20%
Bank Of Baroda
FinancialCD9.19%

Expense ratio, exit load and tax

Expense ratio: 0.59%

Inclusive of GST

Exit load

Nil

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

Rahul Singh
Jul 2022 - 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

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
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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