LIC MF Liquid Fund Direct Growth

LIC MF Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 25-03-2025

₹ 4700.2

Inception Returns

6.9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
162 people have invested ₹ 63L in LIC MF Liquid Fund Direct Growth in the last three months

About LIC MF Liquid Fund Direct Growth

LIC MF Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Singh. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Liquid Fund Direct Growth has ₹11549 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

LIC MF Liquid Fund Direct Growth has given a CAGR return of 6.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.36%, 6.75% and 5.57% respectively.

Holdings

LIC MF Liquid Fund Direct Growth has allocated its funds majorly in Consumer Defensive, Cash Equivalent, Corporate, Government. Its top holdings are Axis Bank Ltd., 91 Days Tbill Red 08-05-2025, Birla Group Holdings Private Limited, LIC Housing Finance Ltd, 91 DTB 17042025

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of LIC MF Liquid Fund Direct Growth

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Liquid Fund Direct Growth has no lock in period.

LIC MF Liquid Fund Direct Growth Overview

Expense ratio0.16%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹11549 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹200
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
661.46%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (25-Mar-25)

Period
LIC MF Liquid Fund Direct Growth
Liquid Index
1M
0.5%
0.4%
3M
1.8%
1.4%
6M
3.5%
2.9%
1Y
7.4%
6.6%
3Y
6.7%
6.3%
5Y
5.6%
5.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
98.3%

AA
1.7%

Sector Allocation

Feb'25

Jan'25

Dec'24

Cash Equivalent
81.5%
Corporate
16.8%
Government
1.7%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 11.8K Cr
₹ 12.3K Cr
₹ 9.4K Cr
  • AUM of the fund stands at 11.8K Cr as of Feb'25
  • AUM decreased by 506.4 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Export Import Bank Of India's allocation increased from 0.28% to 0.89%
Export Import Bank Of India's allocation increased from 0.28% to 0.89%
Small Industries Development Bank Of India's allocation increased from 0.69% to 1.11%
Small Industries Development Bank Of India's allocation increased from 0.69% to 1.11%
Export Import Bank Of India's allocation increased from 0.25% to 0.28%
Export Import Bank Of India's allocation increased from 0.25% to 0.28%
Top Stocks sold last month
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 0.67 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 0.67 %
Can Fin Homes Limited's allocation decreased from 5.26 % to 0.56 %
Can Fin Homes Limited's allocation decreased from 5.26 % to 0.56 %
Rural Electrification Corporation Limited's allocation decreased from 2.27 % to 0.56 %
Rural Electrification Corporation Limited's allocation decreased from 2.27 % to 0.56 %
Cash allocation has gone down from 99.8% to 99.8%
Cash allocation has gone down from 99.8% to 99.8%

Top 3 Sectors in February were Consumer Defensive, Corporate & Government

Feb'25
Consumer Defensive
100%
Corporate
17%
Government
2%
Jan'25
Consumer Defensive
100%
Corporate
13%
Government
2%
  • Debt & Cash

Holdings
Weight%
1M Change
Axis Bank Ltd.
Axis Bank Ltd.
3.63%
100%
91 Days Tbill Red 08-05-2025
91 Days Tbill Red 08-05-2025
3.43%
0%
Birla Group Holdings Private Limited
Birla Group Holdings Private Limited
3.4%
0%
LIC Housing Finance Ltd
LIC Housing Finance Ltd
2.6%
0%
91 DTB 17042025
91 DTB 17042025
2.58%
0%
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Rahul Singh
Rahul Singh
Fund Manager of LIC MF Liquid Fund Direct Growth, since 5 October 2015
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹30.15K Cr
as on 31-Jan-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

Mutual Fund Insights

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In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.83% return, outperforming this fund by 0.27% per annum.
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In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.82% return, outperforming this fund by 0.07% per annum.
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Over the last 3 months, this fund has experienced a 8.0% growth in AUM moving from 10.69K Cr to 11.54K Cr.
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In the last 1 year, Sundaram Liquid Fund -Direct Plan - Growth Option has given 7.44% return, outperforming this fund by 0.08%.
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This fund expense ratio is slightly on the lower side within the category (liquid). Its expense ratio is 0.16% which is lower than the category average expense ratio of 0.26%.

LIC MF Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.87% since inception which is more than its category average return of 4.97%
AUM size ₹11549 Cr

AUM size ₹11549 Cr

This fund has AUM of ₹11549 Cr which is less than its category average of ₹ 15356 Cr
Expense Ratio 0.16%

Expense Ratio 0.16%

This fund has an expense ratio of 0.16% which is less than its category average expense ratio of 0.23%

Frequently Asked Questions for LIC MF Liquid Fund Direct Growth

The current NAV of LIC MF Liquid Fund Direct Growth is ₹4700.2 as on 25-Mar-2025.
Existing (Absolute + CAGR) as on 25-Mar-2025.
LIC MF Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
3.53%
3.53%
1 Year Returns
7.36%
7.36%
3 Years Returns
21.64%
6.75%
5 Years Returns
31.11%
5.57%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.16% as on February 2025
₹11549 Cr as on February 2025
Axis Bank Ltd.(3.63%), 91 Days Tbill Red 08-05-2025(3.43%), Birla Group Holdings Private Limited(3.4%), LIC Housing Finance Ltd(2.6%), 91 DTB 17042025(2.58%) as on February 2025
Cash Equivalent(76.16%), Corporate(18.65%), Government(5.19%) as on January 1
Yield to Maturity is 7.41 as on February 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.13 as on February 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
98.31
AA
1.69
Rahul Singh is the fund manager of LIC MF Liquid Fund Direct Growth
The Exit load of LIC MF Liquid Fund Direct Growth is 0.01%