Item: LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

1289.952 (0.031%)

NAV on November 21, 2024

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 246 cr

Turnover Ratio 399.81%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.59%
1Y: 7.60%
3M: 1.86%
3Y: 6.01%
6M: 3.75%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Rahul Singh (Since almost 5 years)

ISIN INF767K01QT0

Fund Family LIC Nomura

Launch Date November 27, 2019

Benchmark CRISIL Ultra Short Dur Debt A-II TR INR

Avg. Maturity 0.42 years

Yield To Maturity (%) 7.41%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

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