1M
6M
1Y
3Y
5Y
All
| NAV: 01 Dec 2023 | ₹37.93 |
| Min. SIP amount | ₹1,000 |
| Rating | 3 |
| Fund size | ₹1,384.73Cr |
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 Low Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.1% | 5.2% | 5.5% | 7.1% |
| Category average | 6.8% | 4.9% | 5.6% | NA |
| Rank with in category | 19 | 12 | 16 | NA |
Understand terms
Holdings (37)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 6.1% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.3% |
Tata Capital Housing Finance Ltd. | Financial | CP | 4.5% |
Shriram Finance Ltd | Financial | Bonds | 3.8% |
Power Finance Corporation Ltd. | Financial | Debenture | 3.6% |
Oil & Natural Gas Corporation Ltd. | Energy | Debenture | 3.6% |
Bank Of Baroda | Financial | CD | 3.6% |
Axis Bank Ltd. | Financial | CD | 3.6% |
Canara Bank | Financial | CD | 3.5% |
Shriram Finance Ltd | Financial | CD | 3.5% |
See All
Pros and cons
Category: Debt Low Duration
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y and 3Y
5Y annualised returns lower than category average by 0.1%
Higher alpha: 2.48
The fund has generated returns higher than benchmark - CRISIL Low Duration Debt B-I Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.27%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Expense ratio, exit load and tax
Expense ratio: 0.27%
Inclusive of GST
Exit load
Nil
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 SinghSep 2015 - PresentView details
Rahul Singh
Sep 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
E-mail
[email protected]Website
www.licmf.com
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,
Email
[email protected]Website
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