- Mutual Funds
- LIC Mutual Fund
- LIC MF Short Term Debt Fund (Growth)
LIC MF Short Term Debt Fund (Growth)
₹ 11.9704
NAV (Jun 27)
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.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
158 Cr. Small within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low 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
Scripbox Recommended Debt Funds
Want the ultra short term debt funds that are right for your short term investment needs?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.9704
NAV (Jun 27)
Fund Returns
Last 1Y | 1.2% |
Last 3Y | 4.8% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5.4% |
6 Month CAGR | -0.1% |
Scheme Information
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.
Expense Ratio | 1.44 |
Launched (3y ago) | Feb 01, 2019 |
AUM in Crores | 157.288 |
ISIN | INF767K01PT2 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Duration Fund TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
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.
Asset allocation and Holdings
Top Debt Holdings
treps
15.6%7.35 6/22/2024 12:00:00 am
13.3%national bank for agriculture and rural development
10%larsen and toubro limited
9.7%small industries development bank of india
9.5%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited manages assets worth 14,998 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 35 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.8% | 5.4% | ||
6.6% | 7.8% | ||
4.1% | 6.9% | ||
3.6% | 5.4% | ||
3.6% | 5.4% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsLIC MF Short Term Debt Fund (G) Review
LIC MF Short Term Debt Fund (G) is a Short Term Debt fund and has delivered an annualised return of 5.4% over a period of 3 years. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Marzban Irani, Sanjay Pawar.
Nav of LIC MF Short Term Debt Fund (G) as of 6/27/2022 is ₹11.97 with the total AUM as of 6/28/2022 is ₹157.288. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Short Term Debt Fund (G) was launched on Feb 01, 2019. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for LIC MF Short Term Debt Fund (G) 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 Short Term Debt Fund (G) 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 Duration Fund TR INR.
LIC MF Short Term Debt Fund (G) is rated as a 3 fund in Debt and delivered 1.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Short Term Debt Fund (G).
Frequently Asked Questions
What is LIC MF Short Term Debt Fund (G)?
How to invest in LIC MF Short Term Debt Fund (G)?
You can invest in LIC MF Short Term Debt Fund (G) 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 Short Term Debt Fund (G)?
The minimum sip amount for LIC MF Short Term Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Short Term Debt Fund (G) good to invest in?
As per Scripbox experts, LIC MF Short Term Debt Fund (G) is a Neutral fund. You can investLIC MF Short Term Debt Fund (G) 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 Short Term Debt Fund (G)?
The expense ratio of the LIC MF Short Term Debt Fund (G) is 1.44% for regular plan.