Fund Details
LIC MF Short Term Debt Fund Regular Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.44% |
| NAV | ₹11.74 (22 Apr 2021) |
|---|---|
| Fund Started | 31 Jan 2019 |
| Fund Size | ₹376 Cr |
Returns
Comparison
1. Exit load is zero
1. Age is less than 3 years
2. 1Y Returns are lower than the category average returns
3. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 16.9% |
| GOI | Sovereign | GOI Sec | 10.8% |
| Export-Import Bank Of India | Financial | CD | 6.6% |
| Axis Bank Ltd. | Financial | CD | 6.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 6.0% |
| GOI | Sovereign | GOI Sec | 4.5% |
| Reliance Industries Ltd. | Energy | Debenture | 4.3% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 4.3% |
| National Thermal Power Corp. Ltd. | Energy | Bonds | 3.0% |
| National Thermal Power Corp. Ltd. | Energy | Debenture | 2.9% |
Fund Managers
LIC MF Short Term Debt Fund Regular Growth Details
LIC MF Short Term Debt Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹376 Cr and the Latest NAV as of 22 Apr 2021 is ₹11.74.
The LIC MF Short Term Debt Fund Regular Growth is rated Low to 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.
