June 23, 2025
mayank
LIC MF Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.5970
Weekly NAV IDCW: Rs 15.5949
NAV IDCW Monthly: Rs 15.5955
NAV IDCW: Rs 15.5970
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments.
Fund Manager:
1) Marzban Irani
Education : Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna’s Institute of Management & Research, Mumbai.
Experience : Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
2) Pratik Harish Shroff
Education: Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience: Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 200 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 30 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of LIC MF Short Duration Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 01-Feb-19 |
| Return Since Launch | 7.15% |
| Benchmark | CRISIL Short Duration Debt A-II Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 262 Cr |
| (As on 31-May-2025) | |
| Expense | 0.36% |
| (As on 31-May-2025) | |
| Risk Grade | Average |
| Return Grade | Average |
Trailing Returns (%) of LIC MF Short Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Short Duration Dir | 5.07 | -0.02 | 0.34 | 3.27 | 5.31 | 9.77 | 7.98 | 6.33 | — | — |
| CCIL T Bill Liquidity Weight | 2.71 | 0.03 | 0.56 | 1.63 | 2.78 | 5.29 | 4.56 | 3.53 | — | — |
| Debt: Short Duration | 4.95 | -0.03 | 0.35 | 3.13 | 5.19 | 9.62 | 8.14 | 6.92 | — | — |
| Rank within category | 9 | 8 | 17 | 6 | 9 | 7 | 14 | 16 | — | — |
| Number of funds in category | 25 | 26 | 26 | 26 | 25 | 25 | 23 | 21 | 19 | 17 |
Peer Comparison of LIC MF Short Duration Fund
| 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 Short Duration Dir | 3 star | 9.77 | 7.98 | 6.33 | 0.36 | 262 | 7.15 | — | 6Y 4M |
| ICICI Pru Short Term Dir | 5 star | 9.62 | 8.79 | 7.46 | 0.45 | 21,284 | 8.61 | — | 12Y 5M |
| HDFC Short Term Debt Dir | 5 star | 9.65 | 8.25 | 7.02 | 0.40 | 15,486 | 8.16 | — | 12Y 5M |
| Axis Short Duration Dir | 4 star | 10.01 | 8.30 | 6.93 | 0.35 | 9,494 | 8.28 | — | 12Y 5M |
| ABSL Short Term Dir | 5 star | 9.74 | 8.42 | 7.54 | 0.36 | 9,193 | 8.70 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 31 | 61 |
| Macaulay Duration (yrs) | 2.83 | 2.75 |
| Average Maturity (yrs) | 3.29 | 3.63 |
| Yield to Maturity (%) | 6.54 | 6.72 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For LIC MF Short Duration Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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