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LIC Ultra Short Term Fund

LIC Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

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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

  • ₹ 1,072.733

    as on 23 Sep 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 60 Cr.

    as on 23 Sep 2021
  • 0.4%

    since 31 May 2021
  • 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 ₹ 1,072.733 as on 23 Sep 2021.

This fund has 1 years of track record. Since 31 May 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 1.26% 1.49% 4.53% 6.41% 8.60% 25.88% 8.12% 7.69% 8.28% 9.96% 7.82% 7.07% 7.57% 7.66%
Category Average 0.09% 0.30% 1.17% 2.15% 3.80% 5.70% 5.67% 6.13% 7.46% 3.73% 4.36% 4.99% 5.58% 6.68%
LIC Ultra Short Term Fund 0.05%₹ 10,005 0.27%₹ 10,026 0.87%₹ 10,086 1.71%₹ 10,170 3.33%₹ 10,332 3.29%₹ 12,213 - - - - - - - -
ICICI Prudential Ultra Short Term Fund 0.05%₹ 10,005 0.33%₹ 10,032 1.04%₹ 10,103 2.20%₹ 10,220 4.48%₹ 10,447 4.27%₹ 12,275 5.91%₹ 11,218 5.14%₹ 25,297 6.80%₹ 12,187 5.89%₹ 39,370 6.95%₹ 13,994 6.49%₹ 70,692 7.98%₹ 21,566 7.64%₹ 1,77,905
SBI Magnum Ultra Short Duration Fund 0.02%₹ 10,002 0.26%₹ 10,026 0.93%₹ 10,092 1.83%₹ 10,183 3.64%₹ 10,363 3.53%₹ 12,228 5.15%₹ 11,058 4.33%₹ 25,092 6.25%₹ 11,999 5.17%₹ 38,947 6.54%₹ 13,726 6.04%₹ 69,903 7.68%₹ 20,974 7.01%₹ 1,72,177
Aditya Birla Sun Life Savings Fund 0.06%₹ 10,005 0.31%₹ 10,030 1.10%₹ 10,110 2.33%₹ 10,233 4.45%₹ 10,444 4.31%₹ 12,278 5.98%₹ 11,233 5.26%₹ 25,329 6.98%₹ 12,250 6.02%₹ 39,450 7.07%₹ 14,075 6.65%₹ 70,988 8.28%₹ 22,161 7.66%₹ 1,78,083
Kotak Savings Fund 0.04%₹ 10,003 0.23%₹ 10,022 0.88%₹ 10,088 1.78%₹ 10,177 3.52%₹ 10,352 3.39%₹ 12,219 5.03%₹ 11,033 4.22%₹ 25,064 6.12%₹ 11,957 5.05%₹ 38,880 6.42%₹ 13,651 5.87%₹ 69,600 7.72%₹ 21,056 7.00%₹ 1,72,034
L&T Ultra Short Term Fund 0.05%₹ 10,004 0.25%₹ 10,025 0.91%₹ 10,091 1.78%₹ 10,178 3.48%₹ 10,347 3.44%₹ 12,222 4.86%₹ 10,996 4.12%₹ 25,038 5.97%₹ 11,906 4.92%₹ 38,802 6.34%₹ 13,599 5.75%₹ 69,388 7.74%₹ 21,087 6.95%₹ 1,71,584

Portfolio Holdings

Portfolio holdings pattern of LIC Ultra Short Term Fund as on 24 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    90.13%
  • Others Holdings:

    9.87%

Top Debt Instrument Type holdings of LIC Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 43.20% ₹ 25.77 Cr.
T-Bills 25.07% ₹ 14.95 Cr.
NCD & Bonds 13.68% ₹ 8.16 Cr.
CP 8.18% ₹ 4.88 Cr.
Others 9.87% -

Top Debt Holdings of LIC Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 43.20% ₹ 25.77 Cr.
Bond - T-Bill 25.07% ₹ 14.95 Cr.
Bond - Rural Electrification Corporation Limited 8.38% ₹ 5.00 Cr.
Bond - L&T Finance Ltd. 8.18% ₹ 4.88 Cr.
Bond - National Highways Authority of India 5.30% ₹ 3.16 Cr.
Others 9.87%

Other Holdings

Holding TypeHolding Percentage
TREPS 13.06%
Net Receivables -3.19%