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.

1. LIC MF Medium to Long Duration Fund Direct Growth has ₹202 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

LIC MF Medium to Long Duration Fund Direct Growth has given a CAGR return of 7.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.85%, 9.11% and 6.13% respectively.

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 7.1% Govt Stock 2034, 6.79% Govt Stock 2034, 07.70 MH Sgs 2033, 07.80 GJ Sdl 2032, 07.64 MH Sgs 2032

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:
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.

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 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.