Item: LIC MF Ultra Short Term Fund Direct Monthly Payout of Income Dis cum Cap Wrdl
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Ultra Short Term Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

1467.297 (-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

1M: Positive return: 0.47%
1Y: Positive return: 6.66%
3M: Positive return: 1.70%
3Y: Positive return: 7.21%
6M: Positive return: 3.40%
5Y: Positive return: 6.34%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

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

ISIN INF767K01QT0

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%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

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

Other plans of LIC MF Ultra Short Term Fund

LIC MF Ultra Short Term Fund Regular Monthly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Term Fund Regular Weekly Payout of Income Dis cum Cap Wrdl

Ultra Short Duration
LIC MF Ultra Short Term Fund Regular Growth

Ultra Short Duration
LIC MF Ultra Short Term Fund Direct Monthly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Term Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Term Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Term Fund Direct Weekly Payout of Income Dis cum Cap Wrdl

Ultra Short Duration
LIC MF Ultra Short Term Fund Regular Monthly Payout of Income Dis cum Cap Wrdl

Ultra Short Duration
LIC MF Ultra Short Term Fund Regular Weekly Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Term Fund Regular Daily Reinvestment of Income Dis cum Cap Wdrl

Ultra Short Duration
LIC MF Ultra Short Term Fund Direct Growth

Ultra Short Duration

Other Debt funds by LIC Nomura

LIC MF Medium to Long Term Fund-Direct Plan Growth Option

Medium to Long Duration
LIC MF Banking & PSU Debt Fund Direct Plan Growth Option

Banking & PSU
LIC MF Short Term Fund Direct Growth

Short Duration
LIC MF Gilt Fund Direct Plan Growth Option

Government Bond
LIC MF Ultra Short to Short Term Fund Direct Plan Growth Option

Low Duration
LIC MF Ultra Short Term Fund Direct Growth

Ultra Short Duration

LIC MF Ultra Short Term Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

previously known as LIC MF Ultra Short Dur Dir Mn IDCW-P until August 26, 2026

ADDITIONAL INFO

Asset Allocation

CREDIT QUALITY (%)

RISK MEASURES (3 yrs)

INVESTMENT OBJECTIVE

Top Ultra Short Duration Funds

Best Ultra Short Duration Funds

Other plans of LIC MF Ultra Short Term Fund

Other Debt funds by LIC Nomura