LIC MF Short Duration Fund

LIC MF Short Duration Fund

Debt

LIC Mutual Fund

Short Duration

Get the latest NAV of LIC MF Short Duration Fund. 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.

₹16.17

NAV as on 17 Mar 2026

6.99%/per year

Since Inception

Absolute Gain%

▲▼

30 people have invested ₹ 7.8L in LIC MF Short Duration Fund in the last three months

LIC MF Short Duration Fund Performance vs. Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)

The fund has consistently outperformed the benchmark (Short Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.08%
1.09%
2.64%
7.43%
7.8%
6.3%
Short Duration Index
-0.08%
0.72%
2.03%
6.3%
6.2%
5.69%
Short Duration Avg
-0.08%
0.71%
2.1%
6.56%
7.31%
6.4%
Best in Short Duration
0.29%
1.16%
3.02%
7.95%
8.2%
10.74%
Worst in Short Duration
0.03%
0.85%
2.3%
6.74%
7.29%
6.01%

Peer comparison

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 Short Duration Fund
-
194Cr
0.36%
7.43%
7.8%
0.02
1.40
1.23
2.48
0.97
ICICI Prudential Short Term Fund
1/14
22,852Cr
0.45%
7.95%
8.18%
0.65
1.04
2.01
5.18
3.27
Axis Short Duration Fund
2/14
11,860Cr
0.38%
7.92%
8.04%
0.28
1.32
1.52
3.49
2.00
HDFC Short Term Debt Fund
3/14
17,271Cr
0.4%
7.59%
7.94%
0.20
1.24
1.44
3.09
1.60
See all

LIC MF Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

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Profit

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Absolute Return
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LIC MF Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
86%
AA
14%
Cash allocation has gone down from 14.5% to 11%
Cash allocation has gone down from 14.5% to 11%
Debt allocation has gone up from 85.2% to 88.6%
Debt allocation has gone up from 85.2% to 88.6%

LIC MF Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Government
50.7%
Corporate
37.4%
Cash Equivalent
11.8%

Top 2 Sectors in February were Government, Corporate

Feb'26

Government

51%

Corporate

43%

Jan'26

Government

50%

Corporate

39%

LIC MF Short Duration Fund 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₹194 Cr
Inception Date1 February, 2019
Min Lumpsum/SIP₹5,000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
179.01%
Risk
Risk meter
pointer
Low to Moderate Risk

About LIC MF Short Duration Fund

LIC MF Short Duration Fund is a debt fund. This fund was started on 1 February, 2019. The fund is managed by Rahul Singh, Pratik Shroff. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Short Duration Fund has ₹194 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

LIC MF Short Duration Fund has given a CAGR return of 6.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.43%, 7.80% and 6.30% respectively.

Holdings

LIC MF Short Duration Fund has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.02% Gs 2031, National Highways Authority Of India, 6.78% Maharashtra Sdl 2031, Gic Housing Finance Limited, Bharti Telecom 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

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 has no lock in period.

Fund Manager

Rahul Singh

Fund Manager of LIC MF Short Duration Fund, since 1 October 2025

Pratik Shroff

Fund Manager of LIC MF Short Duration Fund, since 26 September 2023

Learn more about LIC Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 193.6 Cr
₹ 260.4 Cr
₹ 264 Cr
  • AUM of the fund stands at 193.6 Cr as of Feb'26
  • AUM decreased by 66.8 Cr between Feb'26 and Jan'26

Frequently Asked Questions for LIC MF Short Duration Fund

How do I invest in LIC MF Short Duration Fund?

INDmoney makes it simple to invest in the LIC MF Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘LIC MF Short Duration 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 Short Duration Fund?

The NAV of the fund today is ₹16.17. 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 Short Duration Fund fund has generated a return of 7.43% in 1 year, 7.80% in 3 years, 6.30% in 5 years.

Who is the fund manager of LIC MF Short Duration Fund?

The fund managers are Rahul Singh, Pratik Shroff.

What is the expense ratio of the fund?

The expense ratio is 0.36%. 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 ₹194 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 Short Duration Fund?

The top 3 holdings of the fund are 7.02% Gs 2031(18.85%), National Highways Authority Of India(10.92%), 6.78% Maharashtra Sdl 2031(10.2%)