LIC MF Ultra Short to Short Term Fund Direct Plan Growth Option

LIC MF Ultra Short to Short Term Fund Direct Plan Growth Option

Debt

LIC Mutual Fund

Low Duration

Get the latest NAV of LIC MF Ultra Short to Short Term Fund Direct Plan Growth Option. 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.

₹46.16

NAV as on 28 Aug 2026

7.19%/per year

Since Inception

Absolute Gain%

▲▼

31 people have invested ₹ 3.9L in LIC MF Ultra Short to Short Term Fund in the last three months

LIC MF Ultra Short to Short Term Fund Performance vs. Low Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (28-Aug-26)

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

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.52%
2.2%
3.3%
6.47%
7.37%
6.48%
Low Duration Index
0.44%
1.81%
2.61%
5.36%
5.94%
6.68%
Low Duration Avg
0.41%
1.85%
2.67%
5.57%
6.96%
6.2%
Best in Low Duration
0.6%
2.29%
3.32%
6.49%
7.89%
7.5%
Worst in Low Duration
0.45%
1.98%
2.94%
5.9%
7.15%
6.33%
Category Rank
2/18
10/17
10/16
4/16
12/15
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LIC MF Ultra Short to Short Term Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

10
/18
42% Performance
80% Risk Management
77% Cost

Ranked 10 out of 18 mutual funds in the low duration category as per INDmoney.

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 to Short Term Fund
10/18
1,748Cr
0.23%
6.47%
7.37%
-0.22
1.29
1.40
3.64
0.13
Nippon India Low Duration Fund
1/18
7,804Cr
0.39%
6.47%
7.49%
-0.11
1.31
1.58
4.23
0.73
UTI Low Duration Fund
2/18
2,386Cr
0.33%
6.29%
7.29%
-0.30
1.29
1.27
3.11
-0.26
Aditya Birla Sun Life Low Duration Fund
3/18
9,914Cr
0.36%
6.25%
7.41%
-0.22
1.37
1.40
3.39
0.36
See all

LIC MF Ultra Short to Short Term Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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LIC MF Ultra Short to Short Term Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
91.5%
AA
8.5%
Cash allocation has gone down from 60.6% to 53.3%
Cash allocation has gone down from 60.6% to 53.3%
Debt allocation has gone up from 39% to 46.4%
Debt allocation has gone up from 39% to 46.4%

LIC MF Ultra Short to Short Term Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Corporate
53.8%
Cash Equivalent
32.7%
Government
13.6%

Top 3 Sectors in July were Financial Services, Corporate & Government

Jul'26

Financial Services

100%

Corporate

59%

Government

14%

Jun'26

Financial Services

100%

Corporate

60%

Government

16%

LIC MF Ultra Short to Short Term Fund Overview

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

Expense ratio0.23%
Benchmark
CRISIL Low Duration Debt B-I TR INR
AUM₹1748 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹200
Exit Load0%
Lock InNo Lock-in
TurnOver
232.06%
Risk
Risk meter
pointer
Low to Moderate Risk

About LIC MF Ultra Short to Short Term Fund

LIC MF Ultra Short to Short Term Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Singh, Pratik Shroff. This fund is suitable to keep your money safe.

Key Parameters

  1. LIC MF Ultra Short to Short Term Fund has ₹1748 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

LIC MF Ultra Short to Short Term Fund has given a CAGR return of 7.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.47%, 7.37% and 6.48% respectively.

Holdings

LIC MF Ultra Short to Short Term Fund has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Punjab National Bank, Rec Limited, 29/10/2026 Maturing 364 DTB, Time Technoplast Limited, ICICI Bank Limited

Taxation

As it is a low 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 to Short Term Fund

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

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 to Short Term Fund has no lock in period.

Fund Manager

Rahul Singh

Fund Manager of LIC MF Ultra Short to Short Term Fund, since 7 September 2015

Pratik Shroff

Fund Manager of LIC MF Ultra Short to Short Term Fund, since 1 October 2025

Learn more about LIC Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 1.7K Cr
₹ 1.7K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.7K Cr as of Jul'26
  • AUM increased by 42.1 Cr between Jul'26 and Jun'26

Frequently Asked Questions for LIC MF Ultra Short to Short Term Fund Direct Plan Growth Option

How do I invest in LIC MF Ultra Short to Short Term Fund?

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

The NAV of the fund today is ₹46.16. 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 to Short Term Fund fund has generated a return of 6.47% in 1 year, 7.37% in 3 years, 6.48% in 5 years.

Who is the fund manager of LIC MF Ultra Short to Short Term Fund?

The fund managers are Rahul Singh, Pratik Shroff.

What is the expense ratio of the fund?

The expense ratio is 0.23%. 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 ₹1748 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 to Short Term Fund?

The top 3 holdings of the fund are Punjab National Bank(5.51%), Rec Limited(4.39%), 29/10/2026 Maturing 364 DTB(4.24%)