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.
₹1198.28
NAV as on 30 May 2025
6.6%/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 (30-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 (13-May-25)
Fund Distribution
as on (13-May-25)
Debt & Cash 99.9%
LIC MF Money Market Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Debt & Cash 99.9%
Top 2 Sectors in April were Corporate, Government
Corporate
39%
Government
5%
Corporate
47%
Government
9%
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 | 0.19% |
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 0.2.
Returns
LIC MF Money Market Fund Direct Growth has given a CAGR return of 6.60% since inception. Over the last 1 year the fund has given a CAGR return of 6.87%.
Holdings
LIC MF Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Punjab National Bank (18/03/2026), Angel One Ltd. **, Reliance Jio Infocomm Ltd., Axis Bank Limited, NTPC 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
- AUM of the fund stands at 436.8 Cr as of Apr'25
- AUM increased by 284.6 Cr between Apr'25 and Mar'25
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Frequently Asked Questions for LIC MF Money Market Fund Direct Growth
How do I invest in LIC MF Money Market Fund?
- 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.