Home>Mutual Funds>LIC Mutual Fund>LIC MF Ultra Short Term Fund Direct Growth

LIC MF Ultra Short Term Fund Direct Growth

Debt
Ultra Short Duration
Moderately Low Risk
3.53%
1Y return
+0.02% 1D
1M
6M
1Y
All
NAV: 20 Sep 2021₹1,077.05
Min. SIP amount₹1,000
Rating1star
Fund size₹79.19 Cr

Returns and rankings

Category: Debt Ultra Short Duration
Absolute returns
3M6M1YAll
Fund returns0.9%1.8%3.5%7.7%
Category averageNANA3.7%NA
Rank with in category252423NA
Understand termsinfo

Holdings (7)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills31.0%
GOI
SovereignCGL19.7%
Reserve Bank of India
FinancialT-Bills12.4%
Birla Group Holdings Pvt. Ltd.
FinancialCP6.3%
L&T Finance Ltd.
FinancialCP6.2%
FinancialBonds5.9%
National Highways Authority of India Ltd.
ServicesNCD4.0%

Pros and cons

info
Category: Debt Ultra Short Duration
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Pros

Lower expense ratio - 0.2%
Exit load is zero
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Cons

Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Age is less than 3 years

Expense ratio, exit load and tax

Expense ratio: 0.20%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

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

Fund house & investment objective

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Fund house contact details

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