LIC MF Medium to Long Duration Fund Direct Growth

LIC MF Medium to Long Duration Fund Direct Growth

Debt

Direct

Medium To Long Duration

NAV as on 06-12-2024

₹ 73.95

-0.2%

1D

Inception Returns

7.2%

/yr

About LIC MF Medium to Long Duration Fund Direct Growth

LIC MF Medium to Long Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Marzban Irani. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Medium to Long Duration Fund Direct Growth has ₹180 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 Medium to Long 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 10.88%, 6.77% and 6.45% respectively.

Holdings

LIC MF Medium to Long Duration Fund Direct Growth has allocated its funds majorly in Government, Basic Materials, Financial Services, Corporate, Consumer Cyclical, Cash Equivalent. Its top holdings are 07.70 MH Sgs 2033, 7.1% Govt Stock 2034, 07.80 GJ Sdl 2032, 07.64 MH Sgs 2032, 7.18% Govt Stock 2033

Taxation

As it is a medium to long 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 Medium to Long Duration Fund Direct Growth

LIC MF Bond fund is an open-ended debt scheme which will endeavor to generate an attractive return for its investors by investing in a portfolio is between 4 years and 7 years. However, there is no assurance that the investment objective of the Schemes will be realized.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
20 people have invested ₹ 5.3L in LIC MF Medium to Long Duration Fund Direct Growth in the last three months

LIC MF Medium to Long Duration Fund Direct Growth Overview

Expense ratio0.21%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹180 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹200
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
192.8%
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
Moderate Risk

Trailing Returns

as on (06-Dec-24)

Period
LIC MF Medium to Long Duration Fund Direct Growth
Medium to Long Duration Index
1M
0.8%
0.6%
3M
2.3%
1.6%
6M
5.3%
4.3%
1Y
10.9%
9%
3Y
6.8%
5.8%
5Y
6.4%
6.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
86%
Corporate
11.4%
Cash Equivalent
2.6%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 178.1 Cr
₹ 178.1 Cr
₹ 174.4 Cr
  • AUM of the fund stands at 178.1 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone up from 0.6% to 2.5%
Cash allocation has gone up from 0.6% to 2.5%
Debt allocation has gone down from 99.1% to 97.2%
Debt allocation has gone down from 99.1% to 97.2%

Top 3 Sectors in October were Government, Basic Materials & Financial Services

Oct'24
Government
86%
Basic Materials
53%
Financial Services
40%
Sep'24
Government
93%
Basic Materials
53%
Financial Services
40%
  • Debt & Cash

Holdings
Weight%
1M Change
07.70 MH Sgs 2033
07.70 MH Sgs 2033
23.14%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
19.92%
250%
07.80 GJ Sdl 2032
07.80 GJ Sdl 2032
14.7%
0%
07.64 MH Sgs 2032
07.64 MH Sgs 2032
8.62%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
7.2%
-66.7%
Loading...
We are taking more time than usual
Marzban Irani
Marzban Irani
Fund Manager of LIC MF Medium to Long Duration Fund Direct Growth, since 10 August 2016
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.84K Cr
as on 31-Oct-2024
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

Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
This fund has one of the lowest expense ratio in the category (medium to long duration). Its expense ratio is 0.21% which is lower than the category average expense ratio of 0.5%.
Insights icon
In the last 5 years, SBI Magnum Income Fund Direct Growth has given 7.74% return, outperforming this fund by 1.29% per annum.
Insights icon
In the last 3 years, UTI Medium to Long Duration Fund Direct Plan Growth has given 8.47% return, outperforming this fund by 1.7% per annum.

LIC MF Medium to Long Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.2% since inception which is more than its category average return of 5.74%
AUM size ₹180 Cr

AUM size ₹180 Cr

This fund has AUM of ₹180 Cr which is less than its category average of ₹ 979 Cr
Expense Ratio 0.21%

Expense Ratio 0.21%

This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions for LIC MF Medium to Long Duration Fund Direct Growth

The current NAV of LIC MF Medium to Long Duration Fund Direct Growth is ₹73.95 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
LIC MF Medium to Long Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
5.32%
5.32%
1 Year Returns
10.88%
10.88%
3 Years Returns
21.71%
6.77%
5 Years Returns
36.66%
6.45%
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.
0.21% as on November 2024
₹180 Cr as on November 2024
07.70 MH Sgs 2033(23.14%), 7.1% Govt Stock 2034(19.92%), 07.80 GJ Sdl 2032(14.7%), 07.64 MH Sgs 2032(8.62%), 7.18% Govt Stock 2033(7.2%) as on November 2024
Government(85.53%), Corporate(11.4%), Cash Equivalent(3.07%) as on November 2024
Yield to Maturity is 7.13 as on November 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 6 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Marzban Irani is the fund manager of LIC MF Medium to Long Duration Fund Direct Growth
The Exit load of LIC MF Medium to Long Duration Fund Direct Growth is 0.25%