- Mutual Funds
- LIC Mutual Fund
- LIC MF Low Duration Fund (PIDCW-M)
Formerly LIC MF Savings Mn IDCW-P
LIC MF Low Duration Fund (PIDCW-M)
₹ 12.0852
NAV (Oct 03)
Low duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.0852
NAV (Oct 3)
Fund Returns
Last 1Y | 6.5% |
Last 3Y | 4.6% |
Last 5Y | 4.7% |
Last 10Y | 5.2% |
Since Inception | 4.6% |
6 Month CAGR | 3.4% |
Scheme Information
The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.
Expense Ratio | 0.96 |
Launched (14y ago) | Jan 13, 2009 |
AUM in Crores | 1272.656 |
ISIN | INF767K01AM9 |
Lock-in | No Lock-in |
Benchmark | CRISIL Low Duration Debt B-I TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.6 |
Standard Deviation (5yr) | 1.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.456 |
Sharpe Ratio (5yr) | -0.237 |
YTM | 7.32 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Low Duration Fund (PIDCW-M) | 8,19,921 | 87,309 | 4.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.06% govt stock 2028
6%small industries development bank of india
5.7%treps
5.1%tata capital housing finance limited
4.8%the tata power company limited
4.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 6.9% | ||
4.1% | 5.4% | ||
4.1% | 5.4% | ||
20.2% | 13.3% | ||
4.6% | 6.4% |
LIC MF Low Duration Fund (PIDCW-M) Review
LIC MF Low Duration Fund (PIDCW-M) is a Low Duration Debt fund and has delivered an annualised return of 4.6% over a period of 14 years. The fund was previously known as LIC MF Savings Mn IDCW-P. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Rahul Singh.
Nav of LIC MF Low Duration Fund (PIDCW-M) as of 10/3/2023 is ₹12.09 with the total AUM as of 10/4/2023 is ₹1272.656. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Low Duration Fund (PIDCW-M) was launched on Jan 13, 2009. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for LIC MF Low Duration Fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
LIC MF Low Duration Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Low Duration Debt B-I TR INR.
LIC MF Low Duration Fund (PIDCW-M) is rated as a 2 fund in Debt and delivered 6.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Low Duration Fund (PIDCW-M).
Frequently Asked Questions
What is LIC MF Low Duration Fund (PIDCW-M)?
How to invest in LIC MF Low Duration Fund (PIDCW-M)?
You can invest in LIC MF Low Duration Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of LIC MF Low Duration Fund (PIDCW-M)?
The minimum sip amount for LIC MF Low Duration Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Low Duration Fund (PIDCW-M) good to invest in?
As per Scripbox experts, LIC MF Low Duration Fund (PIDCW-M) is a Neutral fund. You can investLIC MF Low Duration Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the LIC MF Low Duration Fund (PIDCW-M)?
The expense ratio of the LIC MF Low Duration Fund (PIDCW-M) is 0.96% for regular plan.