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

1350.365 (0.019%)

NAV on June 27, 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: 0.61%
1Y: 7.83%
3M: 2.11%
3Y: 6.94%
6M: 4.03%
5Y: 5.55%

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

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	558.406	8.34%	19,073 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4442.779	8.19%	8,578 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1322.666	8.10%	1,748 cr	0.16%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.630	8.09%	6,508 cr	0.36%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.968	8.08%	16,269 cr	0.39%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2878.956	8.00%	1,159 cr	0.24%	Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4548.321	7.99%	4,351 cr	0.35%	Below 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	558.406	8.34%	19,073 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4442.779	8.19%	8,578 cr	0.38%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3704.505	8.13%	4,179 cr	0.3%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1322.666	8.10%	1,748 cr	0.16%	Below Average
Tata Ultra Short Term Fund Direct Growth	14.896	8.09%	4,353 cr	0.28%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.630	8.09%	6,508 cr	0.36%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.968	8.08%	16,269 cr	0.39%	Average