Item: LIC MF Ultra Short Term Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl
Rating: 5
Author: Morningstar

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

1101.681 (-0.010%)

NAV on October 16, 2026

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,420 cr

Turnover Ratio 276.78%

Expense Ratio 0.25%

Exit Load -

Returns

Min Investment 5,000

Buy Now Start SIP

Fund Manager Rahul Singh (Since almost 7 years) Pratik Shroff (Since about 1 year)

ISIN INF767K01QP8

Fund Family LIC Nomura

Launch Date November 27, 2019

Benchmark CRISIL Ultra Short Dur Debt A-II TR INR

Avg. Maturity 0.36 years

Yield To Maturity (%) 6.82%

Top Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Tata Ultra Short Term Fund Direct Growth	₹ 16.246	6.94%	₹ 5,404 cr	0.33%	Below Average
Nippon India Ultra Short Term Fund Direct Growth Option	₹ 4844.933	6.89%	₹ 11,551 cr	0.34%	Below Average
Axis Ultra Short Term Fund Direct Growth	₹ 17.005	6.67%	₹ 4,996 cr	0.36%	Below Average
Invesco India Ultra Short Term Fund Direct Plan Growth	₹ 3129.844	6.66%	₹ 1,525 cr	0.27%	Average
Mirae Asset Ultra Short-Term Fund Direct Growth	₹ 1437.337	6.57%	₹ 1,808 cr	0.23%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.567	6.54%	₹ 15,236 cr	0.41%	Average
Aditya Birla Sun Life Ultra Short Term Fund Direct Plan Growth	₹ 606.983	6.53%	₹ 16,279 cr	0.32%	Above Average

Best Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Tata Ultra Short Term Fund Direct Growth	₹ 16.246	6.94%	₹ 5,404 cr	0.33%	Below Average
Nippon India Ultra Short Term Fund Direct Growth Option	₹ 4844.933	6.89%	₹ 11,551 cr	0.34%	Below Average
LIC MF Ultra Short Term Fund Direct Growth	₹ 1467.991	6.67%	₹ 1,420 cr	0.25%	Average
Axis Ultra Short Term Fund Direct Growth	₹ 17.005	6.67%	₹ 4,996 cr	0.36%	Below Average
Invesco India Ultra Short Term Fund Direct Plan Growth	₹ 3129.844	6.66%	₹ 1,525 cr	0.27%	Average
Mirae Asset Ultra Short-Term Fund Direct Growth	₹ 1437.337	6.57%	₹ 1,808 cr	0.23%	Average
DSP Ultra Short Term Fund Direct Plan Growth	₹ 4023.490	6.57%	₹ 4,425 cr	0.3%	Average