LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

Debt

LIC Mutual Fund

Ultra Short Duration

Get the latest NAV of LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl. 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.

₹1102.13

NAV as on 17 Mar 2026

Absolute Gain%

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LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl Performance vs. Ultra Short Duration Index

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

The fund has outperformed the benchmark (Ultra Short Duration Index) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.39%
1.35%
2.81%
6.73%
--
--
Ultra Short Duration Index
0.29%
1.11%
2.43%
5.93%
6.02%
5.3%
Ultra Short Duration Avg
0.29%
1.13%
2.48%
6.18%
6.73%
5.83%
Best in Ultra Short Duration
0.42%
1.49%
3.12%
7.35%
7.63%
7.51%
Worst in Ultra Short Duration
0.3%
1.23%
2.67%
6.15%
6.46%
5.42%

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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl
-
230Cr
0.24%
6.73%
-
--
--
--
--
--
Mahindra Manulife Ultra Short Duration Fund Daily Reinvestment of Income Dis cum Cptl Wdrl
-
230Cr
0.27%
2.72%
5.03%
-0.28
--
--
-0.49
-0.59
UTI Ultra Short Duration Fund Flexi Payout Inc Dist cum Cap Wdrl
-
3,448Cr
0.3%
7.81%
7.57%
-0.06
--
--
5.77
0.67
ITI Ultra Short Duration Fund Weekly Reinvestment Inc Dist cum Cap Wdrl
-
317Cr
0.13%
6.37%
-
--
--
--
--
--
See all

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl Asset Allocation

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

Fund Distribution

as on (14-Mar-26)

AAA
97.2%
AA
2.8%
Cash allocation has gone down from 87.6% to 77.6%
Cash allocation has gone down from 87.6% to 77.6%
Debt allocation has gone up from 12% to 22%
Debt allocation has gone up from 12% to 22%

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl Sector Allocation

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

Sector Allocation

Corporate
51.1%
Cash Equivalent
39.5%
Government
9.4%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

36%

Government

28%

Jan'26

Corporate

52%

Government

10%

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl Overview

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

Expense ratio0.24%
Benchmark
CRISIL Ultra Short Dur Debt A-II TR INR
AUM₹230 Cr
Inception Date27 November, 2019
Min Lumpsum/SIP₹5,000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
418.05%
Risk
Risk meter
pointer
Low to Moderate Risk

About LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl is a debt fund. This fund was started on 27 November, 2019. The fund is managed by Pratik Shroff, Rahul Singh. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl has ₹230 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl has given a CAGR return of 0.00% since inception. Over the last 1 year the fund has given a CAGR return of 6.73%.

Holdings

LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Tbill, National Bank For Agriculture And Rural Development, HDFC Bank Limited, Axis Bank Ltd., Export-Import Bank Of India

Taxation

As it is a ultra 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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl has no lock in period.

Fund Manager

Pratik Shroff

Fund Manager of LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl, since 1 October 2025

Rahul Singh

Fund Manager of LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl, since 27 November 2019

Learn more about LIC Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 230.3 Cr
₹ 246.3 Cr
₹ 220.4 Cr
  • AUM of the fund stands at 230.3 Cr as of Feb'26
  • AUM decreased by 16 Cr between Feb'26 and Jan'26

Frequently Asked Questions for LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl

How do I invest in LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl?

INDmoney makes it simple to invest in the LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl’.
  • 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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl?

The NAV of the fund today is ₹1102.13. 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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl fund has generated a return of 6.73% in 1 year

Who is the fund manager of LIC MF Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl?

The fund managers are Pratik Shroff, Rahul Singh.

What is the expense ratio of the fund?

The expense ratio is 0.24%. 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 ₹230 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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cap Wdrl?

The top 3 holdings of the fund are Tbill(10.62%), National Bank For Agriculture And Rural Development(9.07%), HDFC Bank Limited(8.55%)