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LIC MF Ultra Short Duration Fund Direct IDCW Daily
+7.16%
3Y annualised
+0.02% 1D
NAV: 24 Jul '26
₹1,102.13
Min. for SIP
Not Supported
Fund size (AUM)
₹440.96 Cr
Expense ratio
0.25%
Rating
4
Holdings (25)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Repo | Unspecified | Repo | 9.57% |
| EXPORT IMPORT BANK OF INDIA CD 11NOV26 | Financial | Certificate of Deposit | 7.75% |
| MINDSPACE BUSINESS PARKS REIT SR NCD7 8.03 NCD 10DC26 FVRS1LAC | Real Estate | Debenture | 5.70% |
| GOVERNMENT OF INDIA 37010 182 DAYS TBILL 30JL26 FV RS 100 | Financial | Treasury Bills | 5.65% |
| HDFC BANK LIMITED CD 13NOV26 | Financial | Certificate of Deposit | 5.53% |
| INDIAN BANK CD 04DEC26 | Financial | Certificate of Deposit | 5.51% |
| PUNJAB NATIONAL BANK CD 15DEC26 | Financial | Certificate of Deposit | 5.50% |
| AXIS BANK LIMITED CD 16DEC26 | Financial | Certificate of Deposit | 5.50% |
| CANARA BANK CD 18DEC26 | Financial | Certificate of Deposit | 5.50% |
| KOTAK MAHINDRA BANK LIMITED CD 05MAR27 | Financial | Certificate of Deposit | 5.42% |
| SUNDARAM FINANCE LIMITED 364D CP 10MAY27 | Financial | Commercial Paper | 5.33% |
| BANK OF BARODA CD 05NOV26 | Financial | Certificate of Deposit | 4.43% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 10NOV26 | Financial | Certificate of Deposit | 4.43% |
| HDFC BANK LIMITED CD 14DEC26 | Financial | Certificate of Deposit | 4.40% |
| BANK OF BARODA CD 25JAN27 | Financial | Certificate of Deposit | 4.37% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 28JAN27 | Financial | Certificate of Deposit | 4.36% |
| BAJAJ FINANCE LIMITED 365D CP 06NOV26 | Financial | Commercial Paper | 3.32% |
| INDIAN BANK CD 12JAN27 | Financial | Certificate of Deposit | 3.28% |
| AXIS SECURITIES LIMITED 91D CP 12AUG26 | Unspecified | Commercial Paper | 2.25% |
| TIME TECHNOPLAST LIMITED 182D CP 19OCT26 | Materials | Commercial Paper | 2.22% |
| ANGEL ONE LIMITED 364D CP 11JUN27 | Financial | Commercial Paper | 2.10% |
| 360 ONE PRIME LIMITED 8.95 NCD 04JU27 FVRS1LAC | Financial | Non Convertible Debenture | 1.15% |
| FEDBANK FINANCIAL SERVICES LIMITED 322D CP 28JAN27 | Financial | Commercial Paper | 1.09% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 0.19% |
| Net Payables | Unspecified | Net Payables | -4.53% |
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 | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +6.5% | +7.2% | +6.4% | +6.0% |
| Category average (Debt Ultra Short Duration) | +6.7% | +6.8% | +5.7% | -- |
| Rank (Debt Ultra Short Duration) | 12 | 17 | 16 | -- |
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) | |
|---|---|---|---|---|
 | +6.48% | +7.29% | 196.28 | |
 | +6.33% | +7.21% | 3,620.70 | |
| +6.52% | +7.16% | 440.96 | |
 | +6.33% | +7.14% | 4,099.37 | |
 | +6.17% | +7.00% | 534.56 | |
| Compare | ||||
Fund management
PHSPratik Harish ShroffOct 2025 - PresentView details
PHS
Pratik Harish Shroff
Oct 2025 - Present
View details
RSRahul SinghNov 2019 - PresentView details
RS
Rahul Singh
Nov 2019 - Present
View details
About LIC MF Ultra Short Duration Fund Direct IDCW Daily
LIC MF Ultra Short Duration Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Pratik Harish Shroff is the Current Fund Manager of LIC MF Ultra Short Duration Fund Direct IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹45,911 Cr and the Latest NAV as of 24 Jul 2026 is ₹1,102.13.
The LIC MF Ultra Short Duration Fund Direct IDCW Daily is rated Moderate risk.
;
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
Fund house
Rank (total assets)#20 in India
Total AUM₹45,910.63 Cr
Date of Incorporation20 Apr 1994
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,