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LIC Ultra Short Term Fund

LIC Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3.23

as on 06 Jul 2022

1 Year

Investment of ₹ 10,000 in this fund 1 Year back would be ₹ 10,323 today.

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NAV Performance

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

Fund Information

  • ₹ 1,099.375

    as on 06 Jul 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 76 Cr.

    as on 31 Dec 2021
  • 0.4%

  • 27 Nov 2019

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • LIC Mutual Fund

    Show All Funds

Highlights of this fund

LIC Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra 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 27 Nov 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 ₹ 1,099.375 as on 06 Jul 2022.

This fund has 2 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.4%. 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 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.

List of Fund Managers of LIC Ultra Short Term Fund

  • About Rahul Singh

    Picture of Rahul SinghRahul Singh carries over 24 years of investment experience. He joined Tata Asset Management in October 2018 as the CIO-Equities to lead the fund management and equity research teams. He is a Bachelor of Technology in Mechanical Engineering and an alumnus of IIM Lucknow where he pursued his Master of Business Administration in Finance and Financial Management Services

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 0.23% 0.52% 4.53% 6.41% 6.39% 5.95% 6.26% 7.03% 7.78% 4.65% 5.99% 5.69% 6.05% 7.01%
Category Average 0.15% 0.42% 0.88% 1.81% 3.62% 3.66% 4.80% 5.60% 6.98% 3.46% 3.54% 3.97% 4.80% 6.07%
LIC Ultra Short Term Fund 0.11%₹ 10,010 0.41%₹ 10,040 0.78%₹ 10,077 1.60%₹ 10,160 3.23%₹ 10,323 3.28%₹ 12,210 3.28%₹ 10,667 3.25%₹ 24,814 - - - - - -
HDFC Ultra Short Term Fund 0.17%₹ 10,017 0.45%₹ 10,045 0.77%₹ 10,077 1.76%₹ 10,175 3.53%₹ 10,353 3.56%₹ 12,229 3.83%₹ 10,780 3.62%₹ 24,909 5.08%₹ 11,605 4.22%₹ 38,389 - - - -
ICICI Prudential Ultra Short Term Fund 0.16%₹ 10,015 0.46%₹ 10,045 0.83%₹ 10,083 1.80%₹ 10,179 3.74%₹ 10,374 3.73%₹ 12,240 4.32%₹ 10,882 3.93%₹ 24,987 5.47%₹ 11,735 4.55%₹ 38,581 6.24%₹ 13,536 5.57%₹ 69,072 7.59%₹ 20,785 7.01%₹ 1,72,096
Aditya Birla Sun Life Savings Fund 0.20%₹ 10,020 0.51%₹ 10,050 0.84%₹ 10,084 1.97%₹ 10,197 3.95%₹ 10,395 3.98%₹ 12,256 4.31%₹ 10,881 4.06%₹ 25,019 5.61%₹ 11,783 4.71%₹ 38,670 6.43%₹ 13,655 5.74%₹ 69,366 7.78%₹ 21,160 7.01%₹ 1,72,078
SBI Magnum Ultra Short Duration Fund 0.18%₹ 10,018 0.47%₹ 10,047 0.67%₹ 10,066 1.70%₹ 10,169 3.45%₹ 10,345 3.48%₹ 12,224 3.59%₹ 10,730 3.48%₹ 24,873 4.90%₹ 11,546 4.01%₹ 38,268 6.00%₹ 13,381 5.14%₹ 68,330 7.19%₹ 20,031 6.39%₹ 1,66,604
Kotak Savings Fund 0.18%₹ 10,018 0.47%₹ 10,046 0.83%₹ 10,082 1.81%₹ 10,180 3.47%₹ 10,346 3.62%₹ 12,232 3.53%₹ 10,717 3.49%₹ 24,875 4.82%₹ 11,520 3.99%₹ 38,255 5.81%₹ 13,264 5.04%₹ 68,151 7.24%₹ 20,117 6.37%₹ 1,66,455

Portfolio Holdings

Portfolio holdings pattern of LIC Ultra Short Term Fund as on 07 Jul 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    82.64%
  • Others Holdings:

    17.34%

Top Debt Instrument Type holdings of LIC Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
T-Bills 52.74% ₹ 34.72 Cr.
CP 15.11% ₹ 9.95 Cr.
GOI 7.61% ₹ 5.01 Cr.
NCD & Bonds 7.18% ₹ 4.72 Cr.
Others 17.36% -

Top Debt Holdings of LIC Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 52.74% ₹ 34.72 Cr.
Bond - Govt of India 7.61% ₹ 5.01 Cr.
Bond - L&T Finance Ltd. 7.57% ₹ 4.99 Cr.
Bond - Birla Group Holdings Private Ltd. 7.54% ₹ 4.97 Cr.
Bond - Rural Electrification Corporation Limited 7.18% ₹ 4.72 Cr.
Others 17.36%

Other Holdings

Holding TypeHolding Percentage
TREPS 17.44%
Net Receivables -0.10%