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

1352.491 (0.045%)

NAV on July 02, 2025

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 267 cr

Turnover Ratio 399.81%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.64%
1Y: 7.84%
3M: 1.97%
3Y: 6.97%
6M: 4.00%
5Y: 5.56%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Rahul Singh (Since over 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 0.29 years

Yield To Maturity (%) 6.55%

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

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