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LIC MF Ultra Short Duration Fund Direct IDCW Daily
+7.13%
3Y annualised
+0.06% 1D
NAV: 15 Apr '26
₹1,102.13
Min. for SIP
Not Supported
Fund size (AUM)
₹186.58 Cr
Expense ratio
0.24%
Rating
4
Holdings (12)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 13.17% |
| Indian Bank | Financial | CD | 12.77% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 11.25% |
| HDFC Bank Ltd. | Financial | CD | 10.61% |
| Export-Import Bank Of India | Financial | CD | 10.59% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 10.40% |
| Bank Of Baroda | Financial | CD | 10.27% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 10.26% |
| Bajaj Finance Ltd. | Financial | CP | 7.69% |
| Indostar Capital Finance Ltd. | Financial | CP | 5.28% |
| Angel One Ltd. | Financial | CP | 5.27% |
| 360 ONE Wealth Ltd. | Financial | NCD | 2.88% |
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 | +6.6% | +7.1% | +6.2% | +5.9% |
| Category average (Debt Ultra Short Duration) | +6.7% | +6.8% | +5.7% | -- |
| Rank (Debt Ultra Short Duration) | 19 | 20 | 18 | -- |
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) | |
|---|---|---|---|---|
Mahindra Manulife Ultra Short Duration Fund Direct IDCW Daily | +6.69% | +7.36% | 193.71 | |
HSBC Ultra Short Duration Fund Direct IDCW Daily | +6.55% | +7.27% | 2,470.01 | |
Bandhan Ultra Short Duration Fund Direct IDCW Daily | +6.58% | +7.22% | 3,527.77 | |
LIC MF Ultra Short Duration Fund Direct IDCW Daily | +6.61% | +7.13% | 186.58 | |
WhiteOak Capital Ultra Short Duration Fund Direct IDCW Daily | +6.38% | +7.05% | 586.03 | |
| Compare | ||||
Fund management
RSRahul SinghNov 2019 - PresentView details
RS
Rahul Singh
Nov 2019 - Present
View details
PHSPratik Harish ShroffOct 2025 - PresentView details
PHS
Pratik Harish Shroff
Oct 2025 - 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. Rahul Singh 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 ₹41,946 Cr and the Latest NAV as of 15 Apr 2026 is ₹1,102.13.
The LIC MF Ultra Short Duration Fund Direct IDCW Daily is rated Low to 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₹41,945.54 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,