LIC MF Liquid Fund Direct Growth

Debt
Liquid
Low to Moderate Risk
4.98%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Dec 2023₹4,280.68
Min. SIP amount₹1,000
Rating3
Fund size₹8,945.34Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.0%5.0%5.3%6.8%
Category average6.8%4.8%5.0%NA
Rank with in category241610NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
FinancialT-Bills5.5%
Small Industries Devp. Bank of India Ltd.
FinancialCP3.3%
ConstructionCP3.3%
ServicesCP3.3%
Ultratech Cement Ltd.
ConstructionCP2.8%
Canara Bank
FinancialCD2.8%
Reserve Bank of India
FinancialT-Bills2.7%
HDFC Bank Ltd.
FinancialCD2.5%
Gujarat State
OthersSDL2.3%
Aditya Birla Finance Ltd.
FinancialCP2.2%
See All

Pros and cons

Category: Debt Liquid

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher expense ratio: 0.16%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 1.89 The fund has generated returns higher than benchmark - CRISIL Liquid Debt B-I Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.16%

Inclusive of GST

Exit load

Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

Fund management

Rahul Singh
Oct 2015 - Present
View details

Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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