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

1450.129 (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

1M: Positive return: 0.57%
1Y: Positive return: 6.60%
3M: Positive return: 1.89%
3Y: Positive return: 7.19%
6M: Positive return: 3.64%
5Y: Positive return: 6.22%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

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

ISIN INF767K01QT0

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%

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

Top Rated
Top Performing

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

Other plans of LIC MF Ultra Short Duration Fund

LIC MF Ultra Short Duration Fund Regular Weekly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Weekly Payout of Income Dis cum Cap Wrdl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Regular Monthly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Regular Monthly Payout of Income Dis cum Cap Wrdl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Regular Daily Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Regular Weekly Payout of Income Dis cum Cap Wrdl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Monthly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Growth

Ultra Short Duration
LIC MF Ultra Short Duration Fund Regular Growth

Ultra Short Duration

Other Debt funds by LIC Nomura

LIC MF Banking & PSU Fund Direct Plan Growth Option

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LIC MF Low Duration Fund Direct Plan Growth Option

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LIC MF Gilt Fund Direct Plan Growth Option

Government Bond
LIC MF Medium to Long Duration Fund-Direct Plan Growth Option

Medium to Long Duration
LIC MF Ultra Short Duration Fund Direct Growth

Ultra Short Duration

LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

previously known as LIC MF Ultra Short Term Dir Mn IDCW-P until July 29, 2023

ADDITIONAL INFO

Asset Allocation

CREDIT QUALITY (%)

RISK MEASURES (3 yrs)

INVESTMENT OBJECTIVE

Top Ultra Short Duration Funds

Best Ultra Short Duration Funds

Other plans of LIC MF Ultra Short Duration Fund

Other Debt funds by LIC Nomura