|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹12.18 (23 Jul 2021)|
|Fund Started||31 Jan 2019|
|Fund Size||₹454 Cr|
|Reserve Bank of India||Financial||T-Bills||11.0%|
|Indian Railway Finance Corporation Ltd.||Financial||Debenture||8.0%|
|Axis Bank Ltd.||Financial||CD||6.5%|
|Reliance Industries Ltd.||Energy||NCD||6.0%|
|National Bank For Agriculture & Rural Development||Financial||NCD||5.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||5.0%|
|Reliance Industries Ltd.||Energy||Debenture||3.6%|
|National Bank For Agriculture & Rural Development||Financial||NCD||3.6%|
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 ₹454 Cr and the Latest NAV as of 23 Jul 2021 is ₹12.18.
The LIC MF Short Term Debt Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.