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

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

1313.133 (0.020%)

NAV on February 21, 2025

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 361 cr

Turnover Ratio 399.81%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.64%
1Y: 7.66%
3M: 1.80%
3Y: 6.33%
6M: 3.69%
5Y: 5.30%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Rahul Singh (Since about 5 years)

ISIN INF767K01QS2

Fund Family LIC Nomura

Launch Date November 27, 2019

Benchmark CRISIL Ultra Short Dur Debt A-II TR INR

Avg. Maturity 0.45 years

Yield To Maturity (%) 7.60%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	541.637	7.99%	16,798 cr	0.34%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4314.070	7.99%	7,666 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1284.685	7.90%	1,782 cr	0.21%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.177	7.84%	5,681 cr	0.36%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.090	7.83%	13,813 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4420.213	7.79%	3,448 cr	0.33%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2797.537	7.73%	1,391 cr	0.24%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	541.637	7.99%	16,798 cr	0.34%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4314.070	7.99%	7,666 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1284.685	7.90%	1,782 cr	0.21%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.177	7.84%	5,681 cr	0.36%	Below Average
Tata Ultra Short Term Fund Direct Growth	14.471	7.83%	5,277 cr	0.3%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.090	7.83%	13,813 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4420.213	7.79%	3,448 cr	0.33%	Average

Other plans of LIC MF Ultra Short Duration Fund

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

Ultra Short Duration

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LIC MF Ultra Short Duration Fund Direct Growth

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

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

previously known as LIC MF Ultra Short Term Dir Mn IDCW-R 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