LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl

Debt
Direct
Short Duration
LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl

About the Fund

LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl is a debt fund. This fund was started on 1 February, 2019. The fund is managed by Marzban Irani, Sanjay Pawar. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl has ₹108 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl has given a CAGR return of 6.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.34%, 5.42% and 6.34% respectively.

Holdings

LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are Bajaj Finance Limited, Small Industries Development Bank Of India, Export-Import Bank of India 7.45%, 7.1% Govt Stock 2029, 06.52 KA Sdl 2030

Taxation

As it is a short 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 Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl

The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be 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 1000.00. LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.37%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹108 Cr
Inception Date1 February, 2019
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
738.16%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
56.3%
Corporate
33.3%
Cash Equivalent
10.4%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Bajaj Finance Limited
Bajaj Finance Limited
9.84%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
9.81%
0%
Export-Import Bank of India 7.45%
Export-Import Bank of India 7.45%
9.67%
0%
7.1% Govt Stock 2029
7.1% Govt Stock 2029
9.58%
50%
06.52 KA Sdl 2030
06.52 KA Sdl 2030
9.35%
0%

Marzban Irani
Marzban Irani
Fund Manager of LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl, since 1 February 2019
Sanjay Pawar
Sanjay Pawar
Fund Manager of LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl, since 1 September 2020

LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl 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 6.74% since inception which is more than its category average return of 5.64%
AUM size ₹108 Cr

AUM size ₹108 Cr

This fund has AUM of ₹108 Cr which is less than its category average of ₹ 3615 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions

The current NAV of LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl is ₹14.21 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.75%
0.75%
6 Month Returns
4.03%
4.03%
1 Year Returns
7.34%
7.34%
3 Years Returns
17.16%
5.42%
5 Years Returns
36.01%
6.34%
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.
0.37% as on May 2024
₹108 Cr as on May 2024
Bajaj Finance Limited(9.84%), Small Industries Development Bank Of India(9.81%), Export-Import Bank of India 7.45%(9.67%), 7.1% Govt Stock 2029(9.58%), 06.52 KA Sdl 2030(9.35%) as on May 2024
Government(53.03%), Corporate(43.45%), Cash Equivalent(3.52%) 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 2.73 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Marzban Irani, Sanjay Pawar are the fund managers of LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl
The Exit load of LIC MF Short Duration Fund Direct Reinvestment of Income Dis cum Cap Wrdl is 0%