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LIC MF Short Term Debt Fund Direct Growth+0.01%

8.42%
1 Year Return
Debt
Short Duration
3.0star
6M
1Y
All

Fund Details

LIC MF Short Term Debt Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.39%
NAV₹11.94 (27 Jan 2021)
Fund Started31 Jan 2019
Fund Size661 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
8.4%
-
-
9.6%
Category Average
8.0%
6.5%
6.9%
-
Rank Within Category
22
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 8.4% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.39%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
Kotak Mahindra Bank Ltd.FinancialCD7.6%
National Bank For Agriculture & Rural DevelopmentFinancialNCD6.5%
GOISovereignGOI Sec6.1%
GOISovereignGOI Sec5.4%
GOISovereignGOI Sec5.3%
GOISovereignGOI Sec4.8%
Housing & Urban Development Corpn. Ltd.FinancialDebenture4.0%
Housing & Urban Development Corpn. Ltd.FinancialDebenture4.0%
Indian Oil Corpn. Ltd.EnergyNCD3.8%
Housing Development Finance Corpn. Ltd.-WarrantFinancialDebenture3.8%
See All

Fund Managers

Marzban Irani
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LIC MF Short Term Debt Fund Direct Growth Details

LIC MF Short Term Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 31 Jan 2019. Marzban Irani is the Current Fund Manager of LIC MF Short Term Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹661 Cr and the Latest NAV as of 27 Jan 2021 is ₹11.94.

The LIC MF Short Term Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About LIC Mutual Fund

Address
4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020
Phone
022-66016000
Launch Date
20 Apr 1994
Website
NA
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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