LIC MF Short Duration Fund Direct Growth

LIC MF Short Duration Fund Direct Growth

Get the latest NAV of LIC MF Short Duration 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.

₹15.42

NAV as on 09 May 2025

7.16%/per year

Since Inception

Absolute Gain%

20 people have invested ₹ 1.1L in LIC MF Short Duration Fund Direct Growth in the last three months

Fund Performance

as on (09-May-25)

Period
This Fund
Short Duration Index
1 Month
0.85%
0.69%
3 Months
2.94%
2.63%
6 Months
4.89%
4.36%
1 Year
9.69%
8.89%
3 Years
7.7%
7.32%
5 Years
6.36%
6.65%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF Short Duration Fund
-
209Cr
0.36%
9.69%
7.7%
7.16%
ICICI Prudential Short Term Fund Direct Growth
1/13
20,858Cr
0.45%
9.48%
8.53%
8.6%
HDFC Short Term Debt Fund Direct Growth
5/13
14,208Cr
0.4%
9.43%
7.97%
8.14%
SBI Short Term Debt Fund Direct Growth
7/13
14,429Cr
0.4%
9.52%
7.71%
7.9%

LIC MF Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit


Total Corpus

0

Absolute Return

LIC MF Short Duration Fund Asset Allocation

as on (31-Dec-69)

Fund Distribution

as on (31-Dec-69)

Debt & Cash 99.8%

AAA
95.3%

AA
4.7%

Cash allocation has gone down from 6.2% to 2%
Cash allocation has gone down from 6.2% to 2%
Debt allocation has gone up from 93.5% to 97.6%
Debt allocation has gone up from 93.5% to 97.6%

LIC MF Short Duration Fund Sector Allocation

as on (31-Dec-69)

Sector Allocation

Debt & Cash 99.8%

Government
50.4%
Corporate
43.2%
Cash Equivalent
6.3%

Top 2 Sectors in March were Government, Corporate

Mar'25

Government

51%

Corporate

47%

Feb'25

Government

50%

Corporate

43%

LIC MF Short Duration Fund Holdings Details

as on (30-Apr-25)

Debt & Cash

Holdings
Weight%
1M Change
5.77% Govt Stock 2030
9.53%
0%
6.79% Govt Stock 2034
4.95%
0%
Power Finance Corporation Limited**
4.91%
0%
7.48% National Bank For Agriculture And Rural Development
4.9%
0%
Power Grid Corporation Of India Limited
2.64%
0%
Top Stocks bought last month
Export-Import Bank Of India's allocation increased from 5.26% to 9.47%
Export-Import Bank Of India's allocation increased from 5.26% to 9.47%
Top Stocks sold last month
National Bank For Agriculture And Rural Development's allocation decreased from 7.55 % to 4.65 %
National Bank For Agriculture And Rural Development's allocation decreased from 7.55 % to 4.65 %
Power Finance Corporation Limited's allocation decreased from 5.26 % to 4.57 %
Power Finance Corporation Limited's allocation decreased from 5.26 % to 4.57 %
Sikka Ports & Terminals Limited's allocation decreased from 5.26 % to 4.5 %
Sikka Ports & Terminals Limited's allocation decreased from 5.26 % to 4.5 %

LIC MF Short Duration Fund Direct Growth Overview

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

Expense ratio0.36%
Benchmark
CRISIL Short Duration Debt TR INR
AUM₹209 Cr
Inception Date1 February, 2019
Min Lumpsum/SIP₹5000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
531.75%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About LIC MF Short Duration Fund

LIC MF Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 February, 2019. The fund is managed by Marzban Irani. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Short Duration Fund Direct Growth has ₹209 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

LIC MF Short Duration Fund Direct Growth has given a CAGR return of 7.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.69%, 7.70% and 6.36% respectively.

Holdings

LIC MF Short Duration Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Corporate. Its top holdings are 5.77% Govt Stock 2030, 6.79% Govt Stock 2034, Power Finance Corporation Limited**, 7.48% National Bank For Agriculture And Rural Development, Power Grid Corporation Of India Limited

Taxation

As it is a 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:
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 Short Duration Fund Direct Growth

The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be 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 Short Duration Fund Direct Growth has no lock in period.

Fund Manager

Marzban Irani

Fund Manager of LIC MF Short Duration Fund Direct Growth, since 1 February 2019

Learn more about LIC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 110.6 Cr
₹ 120.7 Cr
₹ 114.1 Cr
  • AUM of the fund stands at 110.6 Cr as of Mar'25
  • AUM decreased by 10.1 Cr between Mar'25 and Feb'25

Frequently Asked Questions for LIC MF Short Duration Fund Direct Growth

What is the current NAV of LIC MF Short Duration Fund Direct Growth?

The current NAV of LIC MF Short Duration Fund Direct Growth is ₹15.42 as on 09-May-2025.

What are the average returns of LIC MF Short Duration Fund Direct Growth?

Existing (Absolute + CAGR) as on 09-May-2025.
LIC MF Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.85%
0.85%
6 Month Returns
4.89%
4.89%
1 Year Returns
9.69%
9.69%
3 Years Returns
24.92%
7.7%

How do I invest in LIC MF Short Duration Fund Direct Growth?

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.

What is the expense ratio of LIC MF Short Duration Fund Direct Growth?

0.36% as on April 2025

What is net assets under management (AUM) of LIC MF Short Duration Fund Direct Growth?

₹209 Cr as on April 2025

What are the top 5 holdings of LIC MF Short Duration Fund Direct Growth?

5.77% Govt Stock 2030(9.53%), 6.79% Govt Stock 2034(4.95%), Power Finance Corporation Limited**(4.91%), 7.48% National Bank For Agriculture And Rural Development(4.9%), Power Grid Corporation Of India Limited(2.64%) as on April 2025

What are the top 3 sectors that this LIC MF Short Duration Fund Direct Growth has invested in?

Government(39.83%), Cash Equivalent(32.75%), Corporate(27.42%) as on April 2025

What is the yield to maturity ratio of LIC MF Short Duration Fund Direct Growth?

Yield to Maturity is 7.14 as on April 2025. 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.

What is the modified duration of LIC MF Short Duration Fund Direct Growth?

Modified Duration is 2.7 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of LIC MF Short Duration Fund Direct Growth?

AAA
95.34
AA
4.66

Who is the manager of LIC MF Short Duration Fund Direct Growth?

Marzban Irani is the fund manager of LIC MF Short Duration Fund Direct Growth

What is the exit load of LIC MF Short Duration Fund Direct Growth?

The Exit load of LIC MF Short Duration Fund Direct Growth is 0%