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LIC MF Ultra Short Duration Fund Direct Growth

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previously known as LIC MF Ultra Short Term Dir Gr until

1425.970 (0.083%)
NAV on May 29, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 342 cr
Turnover Ratio 418.05%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.29%
  • 1Y: 6.19%
  • 3M: 1.50%
  • 3Y: 6.99%
  • 6M: 2.90%
  • 5Y: 6.01%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Rahul Singh (Since over 6 years) Pratik Shroff (Since 8 months)
ISIN INF767K01QU8
Fund Family LIC Nomura
Launch Date November 27, 2019
Benchmark CRISIL Ultra Short Dur Debt A-II TR INR
Avg. Maturity 0.34 years
Yield To Maturity (%) 6.68%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 98.34%
AA 1.66%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Ultra Short Dur Debt A-II TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -
Sharpe -
Std Dev 0.345
Risk Average
INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet
Top Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4707.186 6.57% 11,083 cr 0.33% Low
Tata
Tata Ultra Short Term Fund Direct Growth
15.772 6.50% 5,713 cr 0.25% Low
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.667 6.31% 15,929 cr 0.34% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
16.524 6.30% 5,521 cr 0.39% Below Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3041.704 6.27% 1,073 cr 0.21% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
589.568 6.20% 19,985 cr 0.27% Average
Kotak
Kotak Savings Fund Direct Growth
47.381 6.05% 16,824 cr 0.36% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4707.186 6.57% 11,083 cr 0.33% Low
Tata
Tata Ultra Short Term Fund Direct Growth
15.772 6.50% 5,713 cr 0.25% Low
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.667 6.31% 15,929 cr 0.34% Below Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1397.196 6.28% 1,420 cr 0.15% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3041.704 6.27% 1,073 cr 0.21% Below Average
Dsp
DSP Ultra Short Fund Direct Plan Growth
3911.231 6.21% 4,167 cr 0.25% Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
589.568 6.20% 19,985 cr 0.27% Average


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