LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl

Debt
Direct
Ultra Short Duration
LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl

About the Fund

LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl 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 Weekly Reinvestment of Income Dis cum Cap Wdrl 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 Weekly Reinvestment of Income Dis cum Cap Wdrl has given a CAGR return of 3.63% since inception. Over the last 1 year the fund has given a CAGR return of 3.25%.

Holdings

LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Government, Corporate. Its top holdings are 182 DTB 18102024, Power Finance Corporation Limited, 182 DTB 04072024, HDFC Bank Limited, HDFC Securities Limited

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 Weekly Reinvestment of Income Dis cum Cap Wdrl

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 Weekly Reinvestment of Income Dis cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.25%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹161 Cr
Inception Date27 November, 2019
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
154.19%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
96.5%

AA
3.5%

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
16.57%
0%
Power Finance Corporation Limited
Power Finance Corporation Limited
8.83%
0%
182 DTB 04072024
182 DTB 04072024
8.45%
-50%
HDFC Securities Limited
HDFC Securities Limited
8.38%
0%
Godrej Housing Finance Limited
Godrej Housing Finance Limited
8.38%
0%

Rahul Singh
Rahul Singh
Fund Manager of LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl, since 27 November 2019

LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl 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 3.63% 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 0.63%

Frequently Asked Questions

The current NAV of LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl is ₹1101.85 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.29%
0.29%
6 Month Returns
1.61%
1.61%
1 Year Returns
3.25%
3.25%
3 Years Returns
0%
0%
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(16.57%), Power Finance Corporation Limited(8.83%), 182 DTB 04072024(8.45%), HDFC Bank Limited(8.38%), HDFC Securities Limited(8.38%) as on May 2024
Cash Equivalent(62.22%), Government(20.6%), Corporate(17.18%) as on May 2024
Yield to Maturity is 7.27 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 0.3 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
96.53
AA
3.47
Rahul Singh is the fund manager of LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl
The Exit load of LIC MF Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cap Wdrl is 0%