LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl

Debt
Direct
Low Duration
LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl

About the Fund

LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl 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 Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl has ₹1428 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl has given a CAGR return of 5.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.69%, 3.46% and 4.81% respectively.

Holdings

LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Power Finance Corporation Ltd., National Housing Bank, Larsen And Toubro Limited, 7.37% Govt Stock 2028, Tmf Holdings Limited

Taxation

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.27%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹1428 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
182.31%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
90.7%

AA
9.3%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
63%
Cash Equivalent
25.2%
Government
11.8%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
5.3%
0%
National Housing Bank
National Housing Bank
3.58%
0%
Larsen And Toubro Limited
Larsen And Toubro Limited
3.47%
0%
7.37% Govt Stock 2028
7.37% Govt Stock 2028
3.43%
0%
Tmf Holdings Limited
Tmf Holdings Limited
3.41%
0%

Rahul Singh
Rahul Singh
Fund Manager of LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl, since 7 September 2015

LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl 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 5.05% since inception which is more than its category average return of 4.96%
AUM size ₹1428 Cr

AUM size ₹1428 Cr

This fund has AUM of ₹1428 Cr which is less than its category average of ₹ 3728 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl is ₹10.05 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0.69%
0.69%
3 Years Returns
10.75%
3.46%
5 Years Returns
26.5%
4.81%
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.
0.27% as on May 2024
₹1428 Cr as on May 2024
Power Finance Corporation Ltd.(5.3%), National Housing Bank(3.58%), Larsen And Toubro Limited(3.47%), 7.37% Govt Stock 2028(3.43%), Tmf Holdings Limited(3.41%) as on May 2024
Corporate(62.97%), Cash Equivalent(25.24%), Government(11.79%) as on May 2024
Yield to Maturity is 7.49 as on May 2024. 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 0.79 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
90.67
AA
9.33
Rahul Singh is the fund manager of LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl
The Exit load of LIC MF Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum Cap Wrdl is 0%