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

You can easily invest in LIC MF Ultra Short to Short Term 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 to Short Term 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 to Short Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

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

The LIC MF Ultra Short to Short Term Fund Direct Growth has been there from 02 Jan 2013 and the average annual returns provided by this fund is 7.19% since its inception.

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

The term Expense Ratio used for LIC MF Ultra Short to Short Term 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 to Short Term Fund Direct Growth is 0.24% as of 27 Aug 2026...

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

The AUM, short for Assets Under Management of LIC MF Ultra Short to Short Term Fund Direct Growth is ₹1,747.89Cr as of 27 Aug 2026.

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

If you want to sell your LIC MF Ultra Short to Short Term 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 to Short Term Fund Direct Growth?

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

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

The NAV of LIC MF Ultra Short to Short Term Fund Direct Growth is ₹46.14 as of 25 Aug 2026.

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

The PE ratio ratio of LIC MF Ultra Short to Short Term 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).

LIC MF Ultra Short to Short Term Fund Direct Growth

Name: LIC MF Ultra Short to Short Term Fund Direct Growth
Brand: LIC Mutual Fund

Debt

Low Duration

Low to Moderate Risk

+7.35%

3Y annualised

+0.04% 1D

All

NAV: 25 Aug '26

₹46.14

Min. for SIP

₹200

Fund size (AUM)

₹1,747.89 Cr

Expense ratio

0.24%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,813	+3.02%
3 years	₹1,80,000	₹1,99,477	+10.82%
5 years	₹3,00,000	₹3,56,622	+18.87%
10 years	₹6,00,000	₹8,33,245	+38.87%

Holdings (55)

Name	Sector	Instruments	Assets
PUNJAB NATIONAL BANK CD 09MAR27	Financial	Certificate of Deposit	5.49%
REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC	Financial	Non Convertible Debenture	4.38%
GOVERNMENT OF INDIA 36665 364 DAYS TBILL 29OT26 FV RS 100	Financial	Treasury Bills	4.24%
TIME TECHNOPLAST LIMITED 182D CP 31DEC26	Materials	Commercial Paper	4.16%
Repo	Unspecified	Repo	3.58%
ICICI BANK LIMITED CD 27JAN27	Financial	Certificate of Deposit	3.32%
360 ONE PRIME LIMITED 8.75 NCD 10SP27 FVRS1LAC	Financial	Debenture	3.08%
BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC	Technology	Debenture	3.01%
360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC	Financial	Debenture	2.87%
REC LIMITED SR 250A 6.60 BD 30JU27 FVRS1LAC	Financial	Debenture	2.86%
MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LAC	Real Estate	Debenture	2.85%
GOVERNMENT OF INDIA 37424 182 DAYS TBILL 05NV26 FV RS 100	Financial	Treasury Bills	2.82%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 22JAN27	Financial	Certificate of Deposit	2.77%
CANARA BANK CD 28JAN27	Financial	Certificate of Deposit	2.77%
PUNJAB NATIONAL BANK CD 05FEB27	Financial	Certificate of Deposit	2.76%
BANK OF BARODA CD 05MAR27	Financial	Certificate of Deposit	2.75%
EMBASSY OFFICE PARKS REIT 364D CP 12MAR27	Real Estate	Commercial Paper	2.74%
ICICI BANK LIMITED CD 25MAR27	Financial	Certificate of Deposit	2.74%
Small Industries Development Bank of India (25/03/2027) #	Financial	Commercial Paper	2.74%
BANK OF BARODA CD 15JUN27	Financial	Certificate of Deposit	2.69%
CANARA BANK CD 29JUN27	Financial	Certificate of Deposit	2.69%
CANARA BANK CD 04MAR27	Financial	Certificate of Deposit	2.20%
ANGEL ONE LIMITED 364D CP 11JUN27	Financial	Commercial Paper	2.13%
BAJAJ FINANCE LIMITED 365D CP 06NOV26	Financial	Commercial Paper	1.96%
PIRAMAL FINANCE LIMITED 8.75 NCD 29OCT27 FVRS1LAC	Financial	Bonds/NCDs	1.53%
POONAWALLA FINCORP LIMITED SR D1 7.5285 NCD 24SP27 FVRS1LAC	Financial	Debenture	1.51%
POWER FINANCE CORPORATION LIMITED SR 246A 7.42 BD 15AP28 FVRS1LAC	Financial	Bonds	1.48%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	1.47%
BHARTI TELECOM LIMITED SR XXIX 7.75 NCD 29FB28 FVRS1LAC	Technology	Debenture	1.47%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC	Financial	Bonds	1.45%
EMBASSY OFFICE PARKS REIT SR V TR B 7.05 NCD 18OT26 FVRS10LAC	Real Estate	Non Convertible Debenture	1.44%
TATA CAPITAL HOUSING FINANCE LIMITED SR E 7.685 NCD 24JL28 FVRS1LAC	Financial	Debenture	1.43%
TATA CAPITAL HOUSING FINANCE LIMITED SR B 7.123 NCD 21JL27 FVRS1LAC	Financial	Non Convertible Debenture	1.43%
HDFC BANK LIMITED CD 06NOV26	Financial	Certificate of Deposit	1.40%
EXPORT IMPORT BANK OF INDIA CD 11NOV26	Financial	Certificate of Deposit	1.40%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27	Financial	Certificate of Deposit	1.38%
CANARA BANK CD 02MAR27	Financial	Certificate of Deposit	1.37%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	0.92%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 191A 6.47 BD 30MY28 FVRS1LAC	Financial	Bonds	0.86%
Reserve Bank of India 91-D	Financial	Treasury Bills	0.85%
ICICI SECURITIES LIMITED 154D CP 24DEC26	Financial	Commercial Paper	0.83%
GIC HOUSING FINANCE LIMITED SR 12 TR 1 8.15 NCD 28JN28 FVRS1LAC	Financial	Non Convertible Debenture	0.68%
G-SEC STRIP 22-10-2030	Entities	GOI Securities	0.67%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.32%
TATA CAPITAL FINANCIAL SERVICES LIMITED SR H 7.68 NCD 07SP27 FVRS10LAC	Financial	Debenture	0.31%
BHARTI TELECOM LIMITED SR XXVI 7.45 NCD 15DC28 FVRS1LAC	Technology	Debenture	0.30%
RURAL ELECTRIFICATION CORPORATION LIMITED 7.77 SR 220-A BD 31MR28 FVRS1LAC	Financial	Non Convertible Debenture	0.30%
BAJAJ HOUSING FINANCE LIMITED 7.66 NCD 20MR28 FVRS1LAC	Financial	Debenture	0.29%
Gujarat State SDL 7.20 14/06/2027	Industrials	State Development Loan	0.29%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 10NOV26	Financial	Certificate of Deposit	0.28%
BANK OF BARODA CD 25JAN27	Financial	Certificate of Deposit	0.28%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 28JAN27	Financial	Certificate of Deposit	0.28%
Net Receivables	Unspecified	Net Receivables	0.12%
GOVERNMENT OF INDIA 36371 364 DAYS TBILL 28AG26 FV RS 100	Financial	Treasury Bills	0.06%
STATE DEVELOPMENT LOAN 32370 PJB 30NV32 7.62 FV RS 100	Unspecified	State Development Loan	0.01%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹500

Min. for SIP

₹200

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+7.3%	+6.5%	+6.5%	+7.2%
Category average (Debt Low Duration)	+7.1%	+5.9%	+6.5%	--
Rank (Debt Low Duration)	11	13	15	--

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)
	Kotak Low Duration Fund Direct Growth	+6.41%	+7.52%	12,082.77
	ICICI Prudential Ultra Short to Short Term Fund Direct Growth	+6.49%	+7.49%	21,734.77
	Nippon India Ultra Short to Short Term Fund Direct Growth	+6.43%	+7.47%	7,803.93
	Mirae Asset Ultra Short to Short Term Fund Direct Growth	+6.43%	+7.47%	2,043.68
	Axis Ultra Short to Short Term Fund Direct Growth	+6.37%	+7.45%	4,637.01
Compare

Fund management

PHS
Pratik Harish Shroff
Oct 2025 - Present
View details

Education

Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta

Experience

Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities

Also manages these schemes

LIC MF Equity Savings Fund Direct Growth

LIC MF Unit Linked Insurance Scheme Direct IDCW

LIC MF Aggressive Hybrid Fund Direct Growth

LIC MF Conservative Hybrid Fund Direct Growth

LIC MF Medium to Long Term Fund Direct Growth

LIC MF Gilt Fund Direct Growth

LIC MF Children's Fund Direct Growth

LIC MF Ultra Short to Short Term Fund Direct Growth

LIC MF Banking & PSU Debt Fund Direct Growth

LIC MF Arbitrage Fund Direct Growth

LIC MF Short Term Fund Direct Growth

LIC MF Ultra Short Term Fund Direct Growth

LIC MF Money Market Fund Direct Growth

LIC MF Multi Asset Allocation Fund Direct Growth

RS
Rahul Singh
Sep 2015 - Present
View details

Education

Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.

Experience

Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

Also manages these schemes

LIC MF Liquid Fund Direct Growth

LIC MF Medium to Long Term Fund Direct Growth

LIC MF Gilt Fund Direct Growth

LIC MF Ultra Short to Short Term Fund Direct Growth

LIC MF Banking & PSU Debt Fund Direct Growth

LIC MF Short Term Fund Direct Growth

LIC MF Overnight Fund Direct Growth

LIC MF Ultra Short Term Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth

LIC MF Money Market Fund Direct Growth

About LIC MF Ultra Short to Short Term Fund Direct Growth

LIC MF Ultra Short to Short Term Fund Direct Growth 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 to Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹50,099 Cr and the Latest NAV as of 25 Aug 2026 is ₹46.14. The LIC MF Ultra Short to Short Term Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. ;