LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

Debt
Direct
Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

About the Fund

LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl is a debt fund. This fund was started on 27 November, 2019. The fund is managed by Rahul Singh. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl has ₹161 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 Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl has given a CAGR return of 5.01% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.01% and 5.40% respectively.

Holdings

LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl has allocated its funds majorly in Cash Equivalent, Government, Corporate. Its top holdings are 182 DTB 18102024, Reliance Industries Limited, Power Finance Corporation Limited, 182 DTB 04072024, HDFC Bank Ltd.

Taxation

As it is a ultra 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 Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹161 Cr
Inception Date
Inception Date
27 November, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
154.19%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
97.1%

AA
2.9%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
64.6%
Government
22.5%
Corporate
12.9%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
182 DTB 18102024
182 DTB 18102024
18.15%
0%
Reliance Industries Limited
Reliance Industries Limited
10.15%
-25%
Power Finance Corporation Limited
Power Finance Corporation Limited
9.67%
0%
182 DTB 04072024
182 DTB 04072024
9.26%
-50%
HDFC Securities Limited
HDFC Securities Limited
9.18%
0%

Rahul Singh
Rahul Singh
Fund Manager of LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl, since 27 November 2019

LIC MF Ultra Short Duration Fund Direct Monthly Payout 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 5.01% since inception which is less than its category average return of 7.17%
AUM size ₹161 Cr

AUM size ₹161 Cr

This fund has AUM of ₹161 Cr which is less than its category average of ₹ 3090 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl is ₹1249.19 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
3.78%
3.78%
1 Year Returns
7.01%
7.01%
3 Years Returns
17.1%
5.4%
5 Years Returns
0%
0%
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.
0.25% as on May 2024
₹161 Cr as on May 2024
182 DTB 18102024(18.15%), Reliance Industries Limited(10.15%), Power Finance Corporation Limited(9.67%), 182 DTB 04072024(9.26%), HDFC Bank Ltd.(9.18%) as on May 2024
Cash Equivalent(64.55%), Government(22.54%), Corporate(12.91%) as on May 2024
Yield to Maturity is 7.23 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 0.23 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
97.14
AA
2.86
Rahul Singh is the fund manager of LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl
The Exit load of LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl is 0%