June 23, 2025
mayank
LIC MF Ultra Short Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 1,348.9990
Weekly NAV IDCW: Rs 1,102.2980
Monthly NAV IDCW: Rs 1,348.8508
Suitable For Which Investors?
“Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.”
Investment Strategy:
The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months.
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) | 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 Ultra Short Duration Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 27-Nov-19 |
| Return Since Launch | 5.84% |
| Benchmark | CRISIL Ultra Short Duration Debt A-I Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 267 Cr |
| (As on 31-May-2025) | |
| Expense | 0.25% |
| (As on 31-May-2025) | |
| Risk Grade | Below Average |
| Return Grade | Below Average |
Trailing Returns (%) of LIC MF Ultra Short Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Ultra Short Duration Direct | 3.78 | 0.02 | 0.65 | 2.20 | 4.02 | 7.86 | 7.07 | 5.89 | — | — |
| CCIL T Bill Liquidity Weight* | 2.71 | 0.03 | 0.56 | 1.63 | 2.78 | 5.29 | 4.56 | 3.53 | — | — |
| Debt: Ultra Short Duration* | 3.82 | 0.02 | 0.64 | 2.23 | 4.05 | 7.88 | 7.30 | 6.02 | — | — |
| Rank within category* | 20 | 4 | 11 | 20 | 20 | 16 | 21 | 16 | — | — |
| Number of funds in category* | 26 | 30 | 30 | 29 | 26 | 24 | 24 | 22 | 14 | 11 |
Peer Comparison of LIC MF Ultra 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 Ultra Short Duration Direct | 4 star | 7.86 | 7.07 | 5.89 | 0.25 | 267 | 5.84 | — | 5Y 6M |
| ICICI Pru Ultra Short Term Dir | 4 star | 8.08 | 7.51 | 6.50 | 0.39 | 16,269 | 8.05 | — | 12Y 5M |
| Nippon India Ultra Short Duration Dir | 5 star | 8.18 | 7.65 | 7.34 | 0.38 | 8,772 | 7.24 | — | 12Y 5M |
| Axis Ultra Short Duration Dir | 4 star | 8.09 | 7.53 | 6.26 | 0.36 | 6,211 | 6.79 | — | 6Y 9M |
| Tata Ultra Short Term Dir | 4 star | 8.09 | 7.47 | 6.07 | 0.28 | 4,684 | 6.39 | — | 6Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 12 | 59 |
| Macaulay Duration (yrs) | 0.29 | 0.41 |
| Average Maturity (yrs) | 0.29 | 0.49 |
| Yield to Maturity (%) | 6.55 | 6.71 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For LIC MF Ultra Short Duration Fund
WILL Post Soon
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