LIC MF Short Duration Fund Direct Growth
NAV as on 21-04-2025
₹ 15.39
▲0.2%
1D
Inception Returns
7.2%
/yr
Historical NAV & Returns
About LIC MF Short Duration Fund Direct Growth
LIC MF Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 February, 2019. The fund is managed by Marzban Irani. This fund is suitable to keep your money safe.
Key Parameters
- LIC MF Short Duration Fund Direct Growth has ₹111 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
LIC MF Short Duration Fund Direct Growth has given a CAGR return of 7.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.05%, 7.30% and 6.50% respectively.
Holdings
LIC MF Short Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 5.77% Govt Stock 2030, Power Grid Corporation Of India Limited, Rural Electrification Corporation Limited, Bajaj Housing Finance Limited, 7.17% Govt Stock 2030
Taxation
As it is a short duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of LIC MF Short Duration Fund Direct Growth
The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be no assurance that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Short Duration Fund Direct Growth has no lock in period.
LIC MF Short Duration Fund Direct Growth Overview
| Expense ratio | 0.35% |
Benchmark | CRISIL Short Duration Debt TR INR |
| AUM | ₹111 Cr |
| Inception Date | 1 February, 2019 |
| Min Lumpsum/SIP | ₹5000/₹200 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 531.75% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (21-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 110.6 Cr as of Mar'25
- AUM decreased by 10.1 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 5.77% Govt Stock 2030 | 15.59% | 0% | |
Power Grid Corporation Of India Limited | 4.33% | 0% | |
Rural Electrification Corporation Limited | 4.27% | 100% | |
Bajaj Housing Finance Limited | 4.24% | 0% | |
7.17% Govt Stock 2030 | 4.23% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
LIC MF Short Duration Fund Direct Growth | 10.05% | 7.3% | 6.5% | 7.18% |
 Bank of India Short Term Income Fund Direct Plan Growth | 11.14% | 9.9% | 8.75% | 6.98% |
 Kotak Bond Short Term Plan Direct Growth | 10.15% | 7.63% | 7.04% | 8.16% |
 Mahindra Manulife Short Duration Fund Direct Growth | 10.13% | 7.64% | - | 6.79% |
Mutual Fund Insights
LIC MF Short Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹111 Cr
Expense Ratio 0.35%
More funds from LIC
5Y CAGR
▲ 6.52
5Y CAGR
▲ 6.50
5Y CAGR
▲ 6.47
5Y CAGR
▲ 5.51
Frequently Asked Questions for LIC MF Short Duration Fund Direct Growth
LIC MF Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.78% | 1.78% |
6 Month Returns | 5.03% | 5.03% |
1 Year Returns | 10.05% | 10.05% |
3 Years Returns | 23.55% | 7.3% |
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- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 95.34 |
AA | 4.66 |