LIC MF Low Duration Fund Direct Growth

Debt
Low Duration
Low to Moderate Risk
5.35%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Feb 2024₹38.56
Min. SIP amount₹1,000
Rating3
Fund size₹1,247.12Cr

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 Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.4%5.3%5.5%7.1%
Category average7.0%5.2%5.6%NA
Rank with in category111716NA
Understand terms

Holdings (38)

NameSectorInstrumentAssets
Tata Capital Housing Finance Ltd.
FinancialCP5.03%
FinancialBonds4.28%
FinancialDebenture4.11%
REC Ltd.
FinancialDebenture4.08%
Canara Bank
FinancialCD3.99%
Axis Bank Ltd.
FinancialCD3.89%
HDFC Bank Ltd.
FinancialCD3.87%
Indusind Bank Ltd.
FinancialCD3.82%
ICICI Bank Ltd.
FinancialCD3.79%
Axis Bank Ltd.
FinancialCD3.76%
See All

Pros and cons

Category: Debt Low Duration

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y and 3Y
5Y annualised returns lower than category average by 0.1%
Higher alpha: 2.6 The fund has generated returns higher than benchmark - CRISIL Low Duration Debt B-I Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.27%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.27%

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
Sep 2015 - 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,

Compare funds

LIC MF Low Duration Fund Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.7.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ