Debt
Direct
Low Duration
NAV as on 06-12-2024
₹ 40.98
Inception Returns
7.2%
/yr
LIC MF Low Duration 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.
LIC MF Low Duration Fund Direct Growth has given a CAGR return of 7.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.91%, 6.41% and 6.24% respectively.
LIC MF Low Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are National Bank For Agriculture And Rural Development, National Bank For Agriculture And Rural Development, Shriram Finance Limited, Rec Limited, Godrej Industries Limited
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.
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 for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.27% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹1632 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 212.09% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (06-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Financial Services, Corporate & Government
LIC MF Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 3.93% | 3.93% |
1 Year Returns | 7.91% | 7.91% |
3 Years Returns | 20.47% | 6.41% |
5 Years Returns | 35.32% | 6.24% |
AAA | 93.3 |
AA | 6.7 |