|Min SIP Amount||₹1000|
|NAV||₹1041.95 (26 Oct 2020)|
|Fund Started||26 Nov 2019|
|Fund Size||₹71 Cr|
|Reserve Bank of India||Financial||T-Bills||35.3%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||7.3%|
|Export-Import Bank Of India||Financial||CD||7.1%|
|Axis Finance Ltd.||Financial||CP||7.0%|
|Kotak Mahindra Prime Ltd.||Financial||CP||7.0%|
|ICICI Bank Ltd.||Financial||CD||4.9%|
|National Highways Authority of India Ltd.||Services||NCD||4.4%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||4.4%|
LIC MF Ultra Short Term Fund Regular Growth is a Debt Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 26 Nov 2019. Rahul Singh is the Current Fund Manager of LIC MF Ultra Short Term Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹71 Cr and the Latest NAV as of 26 Oct 2020 is ₹1041.95.
The LIC MF Ultra Short Term Fund Regular Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.