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LIC Short Term Debt Fund

LIC Short Term Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

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NAV Performance

LIC Short Term Debt Fund performance graph for last 3 years
Performance of LIC Short Term Debt Fund for last 3 Years

Fund Information

  • ₹ 11.889

    as on 03 Aug 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 454 Cr.

    as on 03 Aug 2021
  • 1.44%

    since 31 May 2021
  • 01 Feb 2019

  • Debt - Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • LIC mutual fund

    Show All Funds

Highlights of this fund

LIC Short Term Debt Fund is an Open-ended Debt Fund. The fund belongs to Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 01 Feb 2019. This fund is offered by one of the top AMC (Assets Management Company) LIC mutual fund. You can also view here all other Debt funds offered by LIC mutual fund.

Latest NAV of the fund is ₹ 11.889 as on 03 Aug 2021.

This fund has 2 years of track record. Since 31 May 2021 expense ratio of this fund is 1.44%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be no assurance that the investment objective of the scheme wil

List of Fund Managers of LIC Short Term Debt Fund

  • About Sanjay Pawar

    Picture of Sanjay  Pawar
  • About Marzban Irani

    Picture of Marzban IraniMr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai. 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.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.14% 0.83% 3.54% 7.24% 6.17% 8.37% 8.70% 7.98% 8.97% 5.76% 7.54% 8.19% 8.11% 8.42%
Category Average 0.10% 0.61% 1.17% 2.58% 4.35% 6.33% 6.10% 6.22% 7.63% 4.35% 5.97% 6.14% 6.03% 6.96%
LIC Short Term Debt Fund 0.08%₹ 10,008 0.58%₹ 10,057 0.93%₹ 10,092 2.02%₹ 10,202 3.30%₹ 10,330 3.41%₹ 12,220 6.02%₹ 11,244 5.08%₹ 25,280 - - - - - -
ICICI Prudential Short Term Fund 0.11%₹ 10,011 0.48%₹ 10,048 1.13%₹ 10,113 2.46%₹ 10,245 5.19%₹ 10,518 4.91%₹ 12,316 8.07%₹ 11,683 7.08%₹ 25,791 8.45%₹ 12,758 7.96%₹ 40,602 7.71%₹ 14,496 7.74%₹ 72,937 8.53%₹ 22,678 8.23%₹ 1,83,547
HDFC Short Term Debt Fund 0.09%₹ 10,008 0.64%₹ 10,063 1.30%₹ 10,130 2.75%₹ 10,274 5.34%₹ 10,533 5.21%₹ 12,335 8.37%₹ 11,749 7.32%₹ 25,853 8.70%₹ 12,846 8.19%₹ 40,740 7.98%₹ 14,685 8.11%₹ 73,624 8.69%₹ 23,016 8.40%₹ 1,85,169
Axis Short Term Fund 0.11%₹ 10,011 0.58%₹ 10,057 1.09%₹ 10,108 2.34%₹ 10,234 4.68%₹ 10,468 4.53%₹ 12,291 7.71%₹ 11,605 6.62%₹ 25,673 8.32%₹ 12,713 7.64%₹ 40,411 7.59%₹ 14,417 7.62%₹ 72,723 8.28%₹ 22,161 7.98%₹ 1,81,117
Kotak Bond (short Term) 0.10%₹ 10,010 0.59%₹ 10,058 1.18%₹ 10,118 2.30%₹ 10,230 4.36%₹ 10,435 4.34%₹ 12,279 7.37%₹ 11,532 6.32%₹ 25,597 8.11%₹ 12,638 7.37%₹ 40,247 7.34%₹ 14,250 7.36%₹ 72,255 8.12%₹ 21,850 7.80%₹ 1,79,376
Nippon India Short Term Fund 0.09%₹ 10,008 0.70%₹ 10,069 1.39%₹ 10,139 3.26%₹ 10,326 5.68%₹ 10,568 5.76%₹ 12,370 7.77%₹ 11,618 7.05%₹ 25,785 8.15%₹ 12,652 7.78%₹ 40,492 7.31%₹ 14,229 7.46%₹ 72,430 8.28%₹ 22,164 7.91%₹ 1,80,428

Portfolio Holdings

Portfolio holdings pattern of LIC Short Term Debt Fund as on 05 Aug 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    96.05%
  • Others Holdings:

    3.95%

Top Debt Instrument Type holdings of LIC Short Term Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 52.21% ₹ 236.82 Cr.
T-Bills 22.04% ₹ 99.94 Cr.
GOI 15.33% ₹ 69.54 Cr.
CD 6.47% ₹ 29.35 Cr.
Others 3.95% -

Top Debt Holdings of LIC Short Term Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 22.04% ₹ 99.94 Cr.
Bond - Govt of India 15.33% ₹ 69.54 Cr.
Bond - Reliance Industries Ltd. 9.61% ₹ 43.59 Cr.
Bond - National Bank for Agriculture & Rural Development 9.32% ₹ 42.29 Cr.
Bond - Indian Railway Finance Corporation Ltd. 9.18% ₹ 41.65 Cr.
Others 34.52%

Other Holdings

Holding TypeHolding Percentage
TREPS 4.93%
Net Receivables -0.98%