How to Invest in LIC MF Low Duration Fund Growth?

You can easily invest in LIC MF Low Duration Fund Growth 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 Low Duration Fund Growth 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 Low Duration Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Low Duration Fund Growth provide?

The LIC MF Low Duration Fund Growth has been there from 09 Jun 2003 and the average annual returns provided by this fund is 6.52% since its inception.

How much expense ratio is charged by LIC MF Low Duration Fund Growth?

The term Expense Ratio used for LIC MF Low Duration Fund Growth 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 Low Duration Fund Growth is 1.23% as of 22 Feb 2026...

What is the AUM of LIC MF Low Duration Fund Growth?

The AUM, short for Assets Under Management of LIC MF Low Duration Fund Growth is ₹1,866.64Cr as of 22 Feb 2026.

How to Redeem LIC MF Low Duration Fund Growth?

If you want to sell your LIC MF Low Duration Fund Growth 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 Low Duration Fund Growth?

You can select either SIP or Lumpsum investment of LIC MF Low Duration Fund Growth based on your investment objective and risk tolerance.

What is the NAV of LIC MF Low Duration Fund Growth?

The NAV of LIC MF Low Duration Fund Growth is ₹40.95 as of 20 Feb 2026.

What is the PE and PB ratio of LIC MF Low Duration Fund Growth?

The PE ratio ratio of LIC MF Low Duration Fund Growth 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).

LIC MF Low Duration Fund Growth

Name: LIC MF Low Duration Fund Growth
Brand: LIC Mutual Fund

Debt

Low Duration

Low to Moderate Risk

+6.78%

3Y annualised

+0.02% 1D

All

NAV: 20 Feb '26

₹40.95

Min. for SIP

Not Supported

Fund size

₹1,866.64 Cr

Expense ratio

1.23%

Holdings (45)

Name	Sector	Instruments	Assets
Bank Of Baroda	Financial	CD	6.55%
REC Ltd.	Financial	NCD	4.27%
ICICI Bank Ltd.	Financial	CD	3.01%
Bajaj Housing Finance Ltd.	Financial	Bonds/NCD	2.82%
LIC Housing Finance Ltd.	Financial	Debenture	2.78%
360 ONE Wealth Ltd.	Financial	Debenture	2.77%
REC Ltd.	Financial	Debenture	2.76%
National Bank For Agriculture & Rural Development	Financial	FRB	2.76%
Bharti Telecom Ltd.	Communication	Debenture	2.72%
Mindspace Business Parks REIT	Construction	Debenture	2.67%
Angel One Ltd.	Financial	CP	2.65%
Reserve Bank of India	Financial	T-Bills	2.64%
Standard Chartered Investment & Loan India Ltd.	Financial	CP	2.63%
Axis Bank Ltd.	Financial	CD	2.62%
Small Industries Devp. Bank of India Ltd.	Financial	CD	2.62%
Canara Bank	Financial	CD	2.62%
Time Technoplast Ltd.	Chemicals	CP	2.59%
HDFC Bank Ltd.	Financial	CD	2.58%
Axis Bank Ltd. Warrant	Financial	CD	2.55%
HDFC Bank Ltd.	Financial	CD	2.53%
Bank Of Baroda	Financial	CD	2.53%
Punjab National Bank	Financial	CD	2.52%
Canara Bank	Financial	CD	2.50%
National Bank For Agriculture & Rural Development	Financial	CD	2.50%
Small Industries Devp. Bank of India Ltd.	Financial	CD	2.50%
Indostar Capital Finance Ltd.	Financial	CP	2.07%
Bajaj Finance Ltd.	Financial	CP	1.77%
Indian Bank	Financial	CD	1.59%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.52%
Tata Capital Housing Finance Ltd.	Financial	Debenture	1.40%
National Bank For Agriculture & Rural Development	Financial	Debenture	1.37%
Poonawalla Fincorp Ltd.	Financial	Debenture	1.37%
GOI	Sovereign	GOI Sec	1.35%
Reserve Bank of India	Financial	T-Bills	1.33%
Export-Import Bank Of India	Financial	CD	1.33%
AU Small Finance Bank Ltd.	Financial	CD	1.32%
Axis Bank Ltd.	Financial	CD	1.29%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	0.83%
GOI	Sovereign	GOI Sec	0.61%
GIC Housing Finance Ltd.	Financial	NCD	0.54%
REC Ltd.	Financial	NCD	0.29%
Power Grid Corporation Of India Ltd.	Energy	Bonds	0.28%
Tata Capital Financial Services Ltd.	Financial	Debenture	0.28%
Indian Bank	Financial	CD	0.27%
HDFC Bank Ltd.	Financial	CD	0.26%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+6.8%	+5.6%	+6.0%	+6.4%
Category average (Debt Low Duration)	+7.1%	+5.9%	+6.5%	--
Rank (Debt Low Duration)	19	20	17	--

Exit load, stamp duty and tax

Exit load

Nil

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)
	ICICI Prudential Savings Fund Growth	+7.44%	+7.69%	31,616.30
	UTI Low Duration Fund Plan Growth	+7.30%	+7.40%	2,964.60
	Axis Treasury Advantage Fund Growth	+7.23%	+7.35%	7,716.23
	Canara Robeco Savings Fund Growth	+6.97%	+7.13%	1,366.82
	Sundaram Low Duration Fund (Ex) Plan Growth	+11.79%	+4.95%	549.95
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Fund management

RS
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

LIC MF Nifty 8 13 yr G Sec Term Exchange Traded Fund Growth

LIC MF Banking & PSU Fund Growth

LIC MF Money Market Fund Growth

LIC MF Balanced Advantage Fund Growth

LIC MF Low Duration Fund Growth

LIC MF Overnight Fund Growth

LIC MF Ultra Short Duration Fund Growth

LIC MF Gilt Fund Growth

LIC MF Gilt PF Plan Growth

LIC MF Medium to Long Duration Fund Growth

LIC MF Liquid Fund Growth

LIC MF Short Duration Fund Growth

PHS
Pratik Harish Shroff
Oct 2025 - 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 Children's Fund Growth

LIC MF Nifty 8 13 yr G Sec Term Exchange Traded Fund Growth

LIC MF Arbitrage Fund Growth

LIC MF Conservative Hybrid Fund Growth

LIC MF Banking & PSU Fund Growth

LIC MF Money Market Fund Growth

LIC MF Low Duration Fund Growth

LIC MF Ultra Short Duration Fund Growth

LIC MF Gilt Fund Growth

LIC MF Gilt PF Plan Growth

LIC MF Medium to Long Duration Fund Growth

LIC MF Multi Asset Allocation Fund Growth

LIC MF Short Duration Fund Growth

LIC MF Equity Savings Fund Growth

LIC MF Aggressive Hybrid Fund Growth

LIC MF Unit Linked Insurance Scheme

About LIC MF Low Duration Fund Growth

LIC MF Low Duration Fund Growth 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 Low Duration Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹44,738 Cr and the Latest NAV as of 20 Feb 2026 is ₹40.95. The LIC MF Low Duration Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹200. ;