Item: LIC MF Ultra Short Term Fund Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Ultra Short Term Fund Direct Growth

1461.693 (0.016%)

NAV on September 18, 2026

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 678 cr

Turnover Ratio 418.05%

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 12 months)

ISIN INF767K01QU8

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 (%) 6.80%

Top Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Tata Ultra Short Term Fund Direct Growth	₹ 16.175	7.02%	₹ 6,495 cr	0.32%	Below Average
Nippon India Ultra Short Term Fund Direct Growth Option	₹ 4823.765	7.00%	₹ 12,447 cr	0.34%	Below Average
Axis Ultra Short Term Fund Direct Growth	₹ 16.935	6.80%	₹ 6,074 cr	0.36%	Below Average
Invesco India Ultra Short Term Fund Direct Plan Growth	₹ 3117.328	6.77%	₹ 1,661 cr	0.21%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.444	6.72%	₹ 15,974 cr	0.41%	Average
Aditya Birla Sun Life Ultra Short Term Fund Direct Plan Growth	₹ 604.587	6.68%	₹ 18,819 cr	0.27%	Above Average
Kotak Ultra Short Term Fund Direct Growth	₹ 48.538	6.55%	₹ 15,962 cr	0.36%	Average

Best Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Invesco India Ultra Short Term Fund Direct Plan Growth	₹ 3117.328	6.77%	₹ 1,661 cr	0.21%	Average
LIC MF Ultra Short Term Fund Direct Growth	₹ 1461.693	6.72%	₹ 678 cr	0.25%	Average
DSP Ultra Short Term Fund Direct Plan Growth	₹ 4008.499	6.72%	₹ 4,599 cr	0.3%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.444	6.72%	₹ 15,974 cr	0.41%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	₹ 1431.763	6.71%	₹ 2,066 cr	0.18%	Average
Aditya Birla Sun Life Ultra Short Term Fund Direct Plan Growth	₹ 604.587	6.68%	₹ 18,819 cr	0.27%	Above Average