However, Scripbox does not recommend investing in short term mutual funds.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
714 Cr. Medium within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
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 will be achieved.
Low to Moderate
Feb 01, 2019
Launched (2y ago)
AUM in Crores
CRISIL Short Term Bond Fund TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 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.
Comparison with Debt Funds
About the AMC
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth 14,367 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.
₹ 458 Cr
₹ 29 Cr
₹ 1,110 Cr
₹ 902 Cr
Banking And Psu
₹ 2,622 Cr
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LIC MF Short Term Debt Fund (DP-A) is a short term debt fund and has delivered an annualised return of 7.6% over a period of 2 years ..The fund is managed by LIC Mutual Fund Asset Management Limited.The fund managers are Marzban Irani, Sanjay Pawar
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 will be achieved. However, there is no assurance that the objective of the scheme will be realized.
The LIC MF Short Term Debt Fund (DP-A) fund was launched on Feb 01, 2019. The NAV (Net Asset Value) of this short term debt as of 2021-03-03 is ₹ 11.6588. The total AUM (Asset Under Management) of the fund as of 2021-03-04 is ₹ 713.926. The category risk of the LIC MF Short Term Debt Fund (DP-A) fund is Moderate Risk. The fund charges 1.44 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 76.3% in this asset class. The top three holdings of the fund are power finance corporation limited,indian oil corporation limited and rural electrification corporation limited
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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 Short Term Bond Fund TR INR.
LIC MF Short Term Debt Fund (DP-A) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, LIC MF Short Term Debt Fund (DP-A) has a score of 3 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.