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

1455.961 (0.019%)

NAV on August 28, 2026

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 509 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 11 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
Nippon India Ultra Short Duration Fund Direct Growth Option	₹ 4804.361	6.93%	₹ 11,659 cr	0.34%	Below Average
Tata Ultra Short Term Fund Direct Growth	₹ 16.105	6.92%	₹ 6,378 cr	0.32%	Below Average
Axis Ultra Short Term Fund Direct Growth	₹ 16.865	6.71%	₹ 5,908 cr	0.36%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	₹ 3105.180	6.70%	₹ 1,073 cr	0.21%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	₹ 1426.074	6.65%	₹ 1,916 cr	0.18%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	₹ 32.315	6.64%	₹ 15,455 cr	0.41%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	₹ 601.963	6.59%	₹ 18,189 cr	0.27%	Above Average

Best Ultra Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Nippon India Ultra Short Duration Fund Direct Growth Option	₹ 4804.361	6.93%	₹ 11,659 cr	0.34%	Below Average
Tata Ultra Short Term Fund Direct Growth	₹ 16.105	6.92%	₹ 6,378 cr	0.32%	Below Average
Axis Ultra Short Term Fund Direct Growth	₹ 16.865	6.71%	₹ 5,908 cr	0.36%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	₹ 3105.180	6.70%	₹ 1,073 cr	0.21%	Average
LIC MF Ultra Short Term Fund Direct Growth	₹ 1455.961	6.66%	₹ 509 cr	0.25%	Average
DSP Ultra Short Term Fund Direct Plan Growth	₹ 3992.459	6.65%	₹ 4,456 cr	0.3%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	₹ 1426.074	6.65%	₹ 1,916 cr	0.18%	Average