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LIC MF Money Market Fund
Get the latest NAV of LIC MF Money Market Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1249.56
NAV as on 04 Feb 2026
6.55%/per year
Since Inception
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60 people have invested ₹ 31.6K in LIC MF Money Market Fund in the last three months
LIC MF Money Market Fund Performance vs. Money Market Index
Fund returns vs Benchmark returns vs Category Average returns as on (04-Feb-26)
The fund has outperformed the benchmark (Money Market Index) over 1Y, 3Y, but underperformed over 5Y.
LIC MF Money Market Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 15 out of 18 mutual funds in the money market category as per INDmoney.
LIC MF Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
LIC MF Money Market Fund Asset Allocation
See fund asset allocation details as on (14-Jan-26)
Fund Distribution
as on (14-Jan-26)
LIC MF Money Market Fund Sector Allocation
See fund sector allocation details as on (14-Jan-26)
Sector Allocation
Top 2 Sectors in December were Corporate, Government
Corporate
33%
Government
11%
Corporate
28%
Government
19%
LIC MF Money Market Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.19% |
Benchmark | Nifty Money Market TR INR |
| AUM | ₹4006 Cr |
| Inception Date | 1 August, 2022 |
| Min Lumpsum/SIP | ₹5,000/₹200 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 136.3% |
| Risk |   Moderate Risk |
About LIC MF Money Market Fund
LIC MF Money Market Fund is a debt fund. This fund was started on 1 August, 2022. The fund is managed by Pratik Shroff, Rahul Singh. This fund is suitable to keep your money safe.
Key Parameters
- LIC MF Money Market Fund has ₹4006 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
LIC MF Money Market Fund has given a CAGR return of 6.55% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.99% and 6.74% respectively.
Holdings
LIC MF Money Market Fund has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are State Bank of India, ICICI Bank Ltd., Rec Limited, Sundaram Home Finance Ltd, National Bank for Agriculture and Rural Development
Taxation
As it is a money market 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 Money Market Fund
The investment objective of the Scheme is to generate income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Money Market Fund has no lock in period.
Fund Manager
Pratik Shroff
Fund Manager of LIC MF Money Market Fund, since 1 October 2025
Rahul Singh
Fund Manager of LIC MF Money Market Fund, since 6 October 2024
- AUM of the fund stands at 4K Cr as of Dec'25
- AUM increased by 285.5 Cr between Dec'25 and Nov'25
Frequently Asked Questions for LIC MF Money Market Fund
How do I invest in LIC MF Money Market Fund?
- Download the INDmoney app.
- Search for ‘LIC MF Money Market Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.