LIC MF Money Market Fund Direct Growth

LIC MF Money Market Fund Direct Growth

Debt

LIC Mutual Fund

Money Market

Get the latest NAV of LIC MF Money Market Fund Direct Growth. 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.

₹1217.16

NAV as on 22 Aug 2025

6.64%/per year

Since Inception

Absolute Gain%

▲▼

LIC MF Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (22-Aug-25)

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.49%
1.77%
3.93%
7.08%
6.65%
--
Money Market Avg
0.4%
1.56%
3.71%
7.17%
7.03%
5.73%
Best in Money Market
0.49%
1.78%
4.27%
8.18%
7.78%
6.36%
Worst in Money Market
0.46%
1.69%
3.93%
7.08%
6.65%
5.74%

LIC MF Money Market Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

18
/18
6% Performance
43% Risk Management
38% Cost

Ranked 18 out of 18 mutual funds in the money market category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
LIC MF Money Market Fund
18/18
2,056Cr
0.19%
7.08%
6.65%
--
--
--
--
--
Aditya Birla Sun Life Money Manager Fund Direct Growth
1/18
29,630Cr
0.22%
8.04%
7.67%
-0.10
3.65
2.78
13.91
2.49
Tata Money Market Fund Direct Growth
2/18
41,421Cr
0.15%
8.18%
7.78%
-0.02
3.75
2.99
18.92
2.78
Axis Money Market Fund Direct Growth
3/18
20,134Cr
0.16%
8.11%
7.67%
-0.18
3.92
2.60
12.35
2.30
See all

LIC MF Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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LIC MF Money Market Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Debt & Cash 99.8%

AAA
100%
Cash allocation has gone up from 72.1% to 74.8%
Cash allocation has gone up from 72.1% to 74.8%
Debt allocation has gone down from 27.8% to 25.1%
Debt allocation has gone down from 27.8% to 25.1%

LIC MF Money Market Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Debt & Cash 99.8%

Cash Equivalent
78.1%
Government
21.9%

Top 2 Sectors in July were Corporate, Government

Jul'25

Corporate

37%

Government

23%

Jun'25

Corporate

43%

Government

6%

LIC MF Money Market Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.19%
Benchmark
Nifty Money Market TR INR
AUM₹2056 Cr
Inception Date1 August, 2022
Min Lumpsum/SIP₹5000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
136.3%
Risk
Risk meter
pointer
Low to Moderate Risk

About LIC MF Money Market Fund

LIC MF Money Market Fund Direct Growth is a debt fund. This fund was started on 1 August, 2022. The fund is managed by Rahul Singh. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Money Market Fund Direct Growth has ₹2056 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

LIC MF Money Market Fund Direct Growth has given a CAGR return of 6.64% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.08% and 6.65% respectively.

Holdings

LIC MF Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are National Bank For Agriculture And Rural Development, 06.18 GJ Sdl 2026 25 Jan, Small Industries Development Bank Of India, Rec Ltd., Power Finance Corp Ltd.

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 Direct Growth

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 Direct Growth has no lock in period.

Fund Manager

Rahul Singh

Fund Manager of LIC MF Money Market Fund Direct Growth, since 6 October 2024

Learn more about LIC Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 2.1K Cr
₹ 1.5K Cr
₹ 463 Cr
  • AUM of the fund stands at 2.1K Cr as of Jul'25
  • AUM increased by 604.4 Cr between Jul'25 and Jun'25

Frequently Asked Questions for LIC MF Money Market Fund Direct Growth

How do I invest in LIC MF Money Market Fund?

INDmoney makes it simple to invest in the LIC MF Money Market Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of LIC MF Money Market Fund?

The NAV of the fund today is ₹1217.16. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

LIC MF Money Market Fund fund has generated a return of 7.08% in 1 year, 6.65% in 3 years

Who is the fund manager of LIC MF Money Market Fund?

The fund managers are Rahul Singh.

What is the expense ratio of the fund?

The expense ratio is 0.19%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2056 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of LIC MF Money Market Fund?

The top 3 holdings of the fund are National Bank For Agriculture And Rural Development(5.84%), 06.18 GJ Sdl 2026 25 Jan(4.86%), Small Industries Development Bank Of India(4.63%)