How to Invest in LIC MF Ultra Short Duration Fund Direct Growth?

You can easily invest in LIC MF Ultra Short Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for LIC MF Ultra Short Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in LIC MF Ultra Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Ultra Short Duration Fund Direct Growth provide?

The LIC MF Ultra Short Duration Fund Direct Growth has been there from 27 Nov 2019 and the average annual returns provided by this fund is 7.86% since its inception.

How much expense ratio is charged by LIC MF Ultra Short Duration Fund Direct Growth?

The term Expense Ratio used for LIC MF Ultra Short Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of LIC MF Ultra Short Duration Fund Direct Growth is 0.25% as of 23 Jun 2025...

What is the AUM of LIC MF Ultra Short Duration Fund Direct Growth?

The AUM, short for Assets Under Management of LIC MF Ultra Short Duration Fund Direct Growth is ₹267.38Cr as of 23 Jun 2025.

How to Redeem LIC MF Ultra Short Duration Fund Direct Growth?

If you want to sell your LIC MF Ultra Short Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Ultra Short Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of LIC MF Ultra Short Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of LIC MF Ultra Short Duration Fund Direct Growth?

The NAV of LIC MF Ultra Short Duration Fund Direct Growth is ₹1,349.00 as of 20 Jun 2025.

What is the PE and PB ratio of LIC MF Ultra Short Duration Fund Direct Growth?

The PE ratio ratio of LIC MF Ultra Short Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
National Bank For Agriculture & Rural Development	Financial	Debenture	9.78%
Angel One Ltd.	Financial	CP	9.33%
Reserve Bank of India	Financial	T-Bills	9.26%
Axis Bank Ltd.	Financial	CD	9.22%
Export-Import Bank Of India	Financial	CP	9.08%
HDFC Bank Ltd.	Financial	CD	9.05%
Canara Bank	Financial	CD	9.04%
Indusind Bank Ltd.	Financial	CD	7.17%
Time Technoplast Ltd.	Chemicals	CP	5.48%
Small Industries Devp. Bank of India Ltd.	Financial	CD	3.66%
ICICI Bank Ltd.	Financial	CD	3.63%
Time Technoplast Ltd.	Chemicals	CP	1.85%

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

	1Y	3Y	5Y	All
Fund returns	7.9%	7.1%	5.9%	5.8%
Category average	7.3%	6.7%	5.5%	NA
Rank with in category	16	21	16	NA

Debt, Ultra Short Duration funds	Rating	1Y	3Y	Fund Size(Cr)
Nippon India Ultra Short Duration Fund Direct Growth	5	8.2%	7.7%	8,772.15
ICICI Prudential Ultra Short Term Fund Direct Growth	4	8.1%	7.5%	16,268.60
Sundaram Ultra Short Duration Fund Direct Growth	5	8.0%	7.4%	2,550.51
UTI Ultra Short Duration Fund Direct Growth	4	8.0%	7.4%	4,350.91
PGIM India Ultra Short Duration Direct Growth	4	7.8%	7.3%	198.08

Rank (total assets)	#20 in India
Total AUM	₹37,480.43Cr

LIC MF Ultra Short Duration Fund Direct Growth

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Expense ratio: 0.25%

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Rahul SinghNov 2019 - PresentView details

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Rahul Singh
Nov 2019 - Present
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