Item: LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl
Rating: 3
Author: Morningstar

Home › Mutual Funds › LIC Nomura Mutual Fund › LIC MF Ultra Short Duration Fund Direct Monthly Payout of Income Dis cum Cap Wrdl

1242.201 (0.021%)

NAV on May 17, 2024

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 285 cr

Turnover Ratio 154.19%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.55%
1Y: 6.90%
3M: 1.94%
3Y: 5.30%
6M: 3.68%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Rahul Singh (Since over 4 years)

ISIN INF767K01QT0

Fund Family LIC Nomura

Launch Date November 27, 2019

Benchmark CRISIL Ultra Short Dur Debt B-I TR INR

Avg. Maturity 0.24 years

Yield To Maturity (%) 7.23%

INVESTMENT OBJECTIVE

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	511.325	7.66%	12,633 cr	0.39%	Average
Axis Ultra Short Term Fund Direct Growth	14.341	7.61%	4,651 cr	0.28%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.499	7.59%	12,586 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4178.243	7.51%	2,349 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.227	7.48%	13,816 cr	0.36%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2643.987	7.45%	663 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.302	7.41%	13,375 cr	0.37%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4072.270	7.70%	5,654 cr	0.38%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	511.325	7.66%	12,633 cr	0.39%	Average
DSP Ultra Short Fund Direct Plan Growth	3398.298	7.60%	2,467 cr	0.31%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.499	7.59%	12,586 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4178.243	7.51%	2,349 cr	0.43%	High
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth	1436.985	7.50%	1,259 cr	0.3%	Average