October 6, 2023
mayank
LIC MF Low Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 37.5627
Weekly NAV IDCW: Rs 13.0869
Monthly NAV IDCW: Rs 19.6208
NAV IDCW Daily: Rs 10.0500
Suitable For Which Investors?
“Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.”
Fund’s Investment Strategy:
The scheme aims to generate income by investing in a portfolio of quality short term debt securities.
Fund Manager:
1) Rahul Singh
Education: Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience: Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 – April 2006).
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of LIC MF Low Duration Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 7.14% |
| Benchmark | CRISIL Low Duration Debt B-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 1,394 Cr |
| (As on 30-Sep-2023) | |
| Expense | 0.27% |
| (As on 31-Aug-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
LIC MF Low Duration Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Low Duration Dir | 5.54 | 0.03 | 0.53 | 1.67 | 3.56 | 7.04 | 5.19 | 5.60 | 6.07 | 7.02 |
| CCIL T Bill Liquidity Weight | 3.24 | 0.01 | 0.33 | 0.99 | 2.30 | 4.24 | 2.81 | 3.28 | 3.50 | 4.07 |
| Debt: Low Duration | 5.71 | 0.03 | 0.56 | 1.77 | 3.75 | 7.29 | 5.46 | 6.22 | 6.46 | 7.24 |
| Rank within category | 18 | 13 | 18 | 19 | 18 | 19 | 12 | 16 | 15 | 12 |
| Number of funds in category | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 17 |
LIC MF Low Duration Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| LIC MF Low Duration Dir | 3 star | 7.04 | 5.19 | 5.60 | 0.27 | 1,394 | 7.14 | — | 10Y 9M |
| HDFC Low Duration Dir | 4 star | 7.62 | 5.72 | 6.93 | 0.45 | 16,325 | 7.69 | — | 10Y 9M |
| ABSL Low Duration Dir | 4 star | 7.48 | 5.66 | 7.07 | 0.38 | 13,174 | 8.00 | — | 10Y 9M |
| Nippon Ind Low Duration Dir | 4 star | 7.36 | 5.68 | 6.59 | 0.38 | 7,430 | 7.64 | — | 10Y 9M |
| UTI Treasury Advtg Dir | 5 star | 7.13 | 6.84 | 4.83 | 0.35 | 3,734 | 6.84 | — | 10Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 41 | 71 |
| Macaulay Duration (yrs) | 0.95 | 0.81 |
| Average Maturity (yrs) | 1.00 | 1.08 |
| Yield to Maturity (%) | 7.32 | 7.32 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For LIC MF Low Duration Fund
Apply Online: https://www.licmf.com/fund-overview/All
>> Post your MF questions @ sahifund.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com