Item: LIC MF Ultra Short Duration Fund Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Ultra Short Duration Fund Direct Growth

1450.615 (0.028%)

NAV on August 07, 2026

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 441 cr

Turnover Ratio 418.05%

Expense Ratio 0.24%

Exit Load -

Returns

Min Investment 5,000

Buy Now Start SIP

Fund Manager Rahul Singh (Since over 6 years) Pratik Shroff (Since 10 months)

ISIN INF767K01QU8

Fund Family LIC Nomura

Launch Date November 27, 2019

Benchmark CRISIL Ultra Short Dur Debt A-II TR INR

Avg. Maturity 0.44 years

Yield To Maturity (%) 6.74%

Top Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Nippon India Ultra Short Duration Fund Direct Growth Option	₹ 4788.094	6.93%	₹ 10,200 cr	0.28%	Below Average
Tata Ultra Short Term Fund Direct Growth	₹ 16.047	6.90%	₹ 5,267 cr	0.26%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	₹ 1421.975	6.70%	₹ 1,467 cr	0.16%	Average
Axis Ultra Short Duration Fund Direct Growth	₹ 16.807	6.70%	₹ 4,949 cr	0.40%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.212	6.66%	₹ 14,352 cr	0.34%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	₹ 3093.695	6.65%	₹ 1,002 cr	0.21%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	₹ 600.059	6.60%	₹ 17,816 cr	0.26%	Above Average

Best Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Nippon India Ultra Short Duration Fund Direct Growth Option	₹ 4788.094	6.93%	₹ 10,200 cr	0.28%	Below Average
Tata Ultra Short Term Fund Direct Growth	₹ 16.047	6.90%	₹ 5,267 cr	0.26%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	₹ 1421.975	6.70%	₹ 1,467 cr	0.16%	Average
Axis Ultra Short Duration Fund Direct Growth	₹ 16.807	6.70%	₹ 4,949 cr	0.4%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.212	6.66%	₹ 14,352 cr	0.34%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	₹ 3093.695	6.65%	₹ 1,002 cr	0.21%	Average
DSP Ultra Short Fund Direct Plan Growth	₹ 3979.765	6.65%	₹ 3,905 cr	0.3%	Average