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Blog
LIC MF Ultra Short Duration Fund Direct Growth

LIC MF Ultra Short Duration Fund Direct Growth

Debt
Ultra Short Duration
Moderately Low Risk
+7.11%
3Y annualised
0
1M
6M
1Y
3Y
5Y
All
NAV: 09 Jan '26
₹1,393.58
Min. SIP amount
₹200
Fund size
₹220.41 Cr
Expense ratio
0.24%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,195
+3.66%
3 years₹1,80,000₹2,00,402
+11.33%
5 years₹3,00,000₹3,52,125
+17.38%

Holdings (12)

NameSectorInstrumentsAssets
Reserve Bank of IndiaFinancialT-Bills11.30%
Canara BankFinancialCD11.08%
National Housing BankFinancialDebenture9.64%
Indian BankFinancialCD8.98%
HDFC Bank Ltd.FinancialCD8.86%
Axis Bank Ltd.FinancialCD8.85%
Bank Of BarodaFinancialCD8.60%
Small Industries Devp. Bank of India Ltd.FinancialCD8.58%
Bajaj Finance Ltd.FinancialCP6.43%
Indostar Capital Finance Ltd.FinancialCP4.37%
Kotak Mahindra Prime Ltd.FinancialNCD2.43%
360 ONE Wealth Ltd.FinancialNCD2.39%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹500
Min. for SIP
₹200

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns+7.1%+7.1%+6.0%+5.9%
Category average (Debt Ultra Short Duration)+6.7%+6.8%+5.7%--
Rank (Debt Ultra Short Duration)202019--

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

Name1Y3YFund Size(Cr)
Tata Ultra Short Term Fund Direct Growth
Tata Ultra Short Term Fund Direct Growth
+7.40%+7.54%4,560.56
Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth
+7.31%+7.51%2,067.19
Invesco India Ultra Short Duration Fund Direct Growth
Invesco India Ultra Short Duration Fund Direct Growth
+7.24%+7.42%1,233.91
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
+7.14%+7.40%218.94
PGIM India Ultra Short Duration Direct Growth
PGIM India Ultra Short Duration Direct Growth
+6.94%+7.22%174.71
Compare

Fund management

RS
Rahul Singh
Nov 2019 - 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).

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

About LIC MF Ultra Short Duration Fund Direct Growth

LIC MF Ultra Short Duration Fund Direct 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 Ultra Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹43,884 Cr and the Latest NAV as of 09 Jan 2026 is ₹1,393.58. The LIC MF Ultra Short Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
Fund benchmarkCRISIL Ultra Short Duration Debt A-I Index
Scheme Information Document(SID)

Fund house

AMC Image
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM₹43,883.58 Cr
Date of Incorporation20 Apr 1994
Phone022-66016177 / 022-66016178
E-mail[email protected]
Websitehttp://www.licmf.com
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
CustodianStandard Chartered Bank
Registrar & Transfer AgentKFin Tech
Email[email protected]
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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