LIC MF Money Market Fund Direct Growth
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.
₹1193.60
▲0.1%1D
NAV as on 14 May 2025
6.55%/per year
Since Inception
▲▼
1 people have invested ₹ 1000 in LIC MF Money Market Fund Direct Growth in the last three months
Fund Performance
as on (14-May-25)
Peer comparison
LIC MF Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
LIC MF Money Market Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 100%
LIC MF Money Market Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 100%
Top 2 Sectors in March were Government, Government
Corporate
47%
Government
9%
Government
25%
LIC MF Money Market Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.59% |
Benchmark | Nifty Money Market TR INR |
| AUM | ₹437 Cr |
| Inception Date | 1 August, 2022 |
| Min Lumpsum/SIP | ₹5000/₹200 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 131.66% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   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
- LIC MF Money Market Fund Direct Growth has ₹437 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
LIC MF Money Market Fund Direct Growth has given a CAGR return of 6.55% since inception. Over the last 1 year the fund has given a CAGR return of 6.70%.
Holdings
LIC MF Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are 364 DTB 23052025, Angel One Ltd. **, Reliance Jio Infocomm Ltd., LIC Housing Finance Ltd., Axis Bank Limited
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
- AUM of the fund stands at 152.2 Cr as of Mar'25
- AUM increased by 132.3 Cr between Mar'25 and Feb'25
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Frequently Asked Questions for LIC MF Money Market Fund Direct Growth
What is the current NAV of LIC MF Money Market Fund Direct Growth?
What are the average returns of LIC MF Money Market Fund Direct Growth?
LIC MF Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.55% | 3.55% |
1 Year Returns | 6.7% | 6.7% |
3 Years Returns | 0% | 0% |
How do I invest in LIC MF Money Market Fund Direct Growth?
- 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.
What is the expense ratio of LIC MF Money Market Fund Direct Growth?
What is net assets under management (AUM) of LIC MF Money Market Fund Direct Growth?
What are the top 5 holdings of LIC MF Money Market Fund Direct Growth?
What are the top 3 sectors that this LIC MF Money Market Fund Direct Growth has invested in?
What is the yield to maturity ratio of LIC MF Money Market Fund Direct Growth?
What is the modified duration of LIC MF Money Market Fund Direct Growth?
What is the credit rating breakup of LIC MF Money Market Fund Direct Growth?
AAA | 100 |