Fund Performance
Lumpsum
SIP
4.23
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,324 today.
NAV Performance
Fund Information
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₹ 1,175.665
as on 22 Sep 2023 -
Regular - Growth
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-
-
₹ 5,000
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₹ 27 Cr.
as on 31 May 2023 -
1%
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27 Nov 2019
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CRISIL 10 Year Gilt Index
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LIC Mutual Fund
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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 ₹ 1,175.665 as on 22 Sep 2023.
This fund has 3 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1%. 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
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About Rahul Singh
Rahul 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 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% | 0.62% | 4.53% | 6.41% | 7.15% | 5.78% | 6.35% | 6.83% | 7.81% | 7.30% | 6.45% | 6.12% | 5.85% | 6.72% |
| Category Average | 0.11% | 0.49% | 1.58% | 3.27% | 5.95% | 4.78% | 4.64% | 5.54% | 6.75% | 6.70% | 5.85% | 5.27% | 5.21% | 5.91% |
| LIC Ultra Short Term Fund | 0.11%₹ 10,010 | 0.51%₹ 10,050 | 1.42%₹ 10,142 | 3.00%₹ 10,299 | 5.92%₹ 10,591 | 5.92%₹ 12,381 | 4.69%₹ 10,960 | 5.35%₹ 25,349 | 4.23%₹ 11,324 | 4.81%₹ 38,735 | - | - | - | - |
| HDFC Ultra Short Term Fund | 0.12%₹ 10,011 | 0.55%₹ 10,055 | 1.64%₹ 10,164 | 3.61%₹ 10,360 | 6.79%₹ 10,678 | 6.97%₹ 12,448 | 5.21%₹ 11,069 | 6.07%₹ 25,535 | 4.79%₹ 11,507 | 5.44%₹ 68,843 | - | - | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.12%₹ 10,011 | 0.55%₹ 10,054 | 1.63%₹ 10,162 | 3.61%₹ 10,360 | 6.78%₹ 10,678 | 6.95%₹ 12,447 | 5.30%₹ 11,087 | 6.10%₹ 25,540 | 5.02%₹ 11,583 | 5.52%₹ 39,152 | 6.20%₹ 13,511 | 5.64%₹ 69,198 | 7.81%₹ 21,237 | 6.72%₹ 1,69,575 |
| Aditya Birla Sun Life Savings Fund | 0.13%₹ 10,012 | 0.60%₹ 10,059 | 1.76%₹ 10,175 | 3.77%₹ 10,377 | 7.05%₹ 10,704 | 7.28%₹ 12,467 | 5.50%₹ 11,130 | 6.35%₹ 25,604 | 5.15%₹ 11,624 | 5.72%₹ 39,270 | 6.39%₹ 13,632 | 5.82%₹ 69,518 | 7.47%₹ 20,573 | 6.72%₹ 1,69,571 |
| SBI Magnum Ultra Short Duration Fund | 0.14%₹ 10,013 | 0.56%₹ 10,055 | 1.66%₹ 10,166 | 3.61%₹ 10,360 | 6.82%₹ 10,682 | 6.98%₹ 12,449 | 5.22%₹ 11,071 | 6.07%₹ 25,534 | 4.68%₹ 11,471 | 5.38%₹ 39,071 | 5.84%₹ 13,282 | 5.33%₹ 68,654 | 6.89%₹ 19,468 | 6.19%₹ 1,64,901 |
| Kotak Savings Fund | 0.12%₹ 10,012 | 0.55%₹ 10,054 | 1.65%₹ 10,164 | 3.59%₹ 10,358 | 6.71%₹ 10,671 | 6.91%₹ 12,444 | 5.17%₹ 11,061 | 6.02%₹ 25,520 | 4.62%₹ 11,450 | 5.32%₹ 39,036 | 5.74%₹ 13,225 | 5.26%₹ 68,533 | 6.94%₹ 19,576 | 6.14%₹ 1,64,496 |
Portfolio Holdings
Top Debt Instrument Type holdings of LIC Ultra Short Term Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 81.80% | ₹ 24.37 Cr. |
| Others | 18.20% | - |
Top Debt Holdings of LIC Ultra Short Term Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 81.80% | ₹ 24.37 Cr. |
| Others | 18.20% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 16.44% |
| Net Receivables | 1.76% |