NAV on (11 May 2026 )
₹1423.83 ▲
(+0.03%)
Fund Size
₹341.02 Crores
1Y Returns
6.54 %
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.
LIC Mutual Fund Asset Management Limited
Launch Date
November 21, 2019
Fund Manager
Mr. Rahul Singh
Initial Price
1000
AUM Fund
341.02 Cr
Min investment
Rs 5000
Expense Ratio
0.24%
Daily - Rs. 100/- and in multiples of Re.1/- thereafter. Minimum 60 installments.Monthly - Rs. 200/- and in multiples of Re.1/- thereafter. Minimum 30 installments.Quarterly - Rs. 1000/- and in multiples of Re.1/- thereafter. Minimum 6 installments.
Nil
1 Month
+0.45%
6 Months
+3.04%
1 Year
+6.54%
2 Years (CAGR)
+7.13%
3 Years (CAGR)
+7.05%
5 Years (CAGR)
+6.01%
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 18.23% | 23.20% | ₹257.16 | |
| 9.39% | 24.96% | ₹273.92 | |
| 9.24% | 24.45% | ₹470.74 | |
| 9.12% | 21.74% | ₹53.68 | |
| 9.12% | 21.73% | ₹53.68 |
Q: What is the current NAV of LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly?
A: The latest NAV of LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly is ₹ 1423.83 as on 11 May 2026.
Q: What type of mutual fund is LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly?
A: LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly is a 'Debt - Ultra Short Term' type mutual fund managed by 'LIC Mutual Fund Asset Management Limited'.
Q: What is the expense ratio of LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly?
A: The expense ratio of LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly is 0.24%, which impacts overall returns.
Q: Who manages LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly?
A: LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly is managed by Mr. Rahul Singh, who oversees investment strategy and portfolio decisions.
Q: Is LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly a good investment?
A: LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly?
A: The exit load of LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly is Nil, applicable if redeemed within the specified period.
Q: How is LIC MF Ultra Short Duration Fund - Direct Plan - IDCW-Monthly taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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