Investment Objective and Approach

An open-ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized.

The fund follows a conservative investment approach focusing on:

- High-quality money market securities with maturity up to 1 year

- Investment in both sovereign and money market instruments for optimal asset allocation

- Building a high credit quality portfolio with focus on accruals

- Selecting maturity profiles based on prevailing market outlook

The scheme is designed for investors seeking reasonable returns with low risk and high liquidity. LIC MF Liquid Fund Direct Growth has allocated its funds majorly in Consumer Defensive, Cash Equivalent, Corporate, Government. The LIC MF Liquid Fund-Direct Plan-Growth Option has an exposure of and 99.77% in Cash & Money Market Securities

Fund Manager

Rahul Singh is the Current Fund Manager of LIC MF Liquid Fund Direct Growth fund. Mr. Rahul Singh is an alumnus of IIM Lucknow, with 23 years of experience behind him. He has been associated with Tata Asset Management as Chief Investment Officer of Equities and with Ampersand Capital as Managing Partner. Prior to that, he worked with Standard Chartered Securities and Citigroup Global Markets India as a business development lead and asset manager. He handles funds of Rs. 8801.21 Crore including G-Sec Long Term ETF and Series 1,2, and 3 CPOF.

About the Fund House (AMC)

One of the most recognised and trusted players in the asset management market, LIC Mutual Fund is an associate company of Life Insurance Corporation of India. The AMC was established on April 1989 and had maintained an above average CRISIL rating and high investor affiliation for the past 30 years.

LIC Mutual Fund was established in April, 1989, by Life Insurance Corporation of India, the world's largest life insurer. LIC Mutual Fund has a significant ownership of 45% held by LIC of India, making it the principal shareholder in LIC Mutual Fund Asset Management. Other noteworthy stakeholders in this Asset Management Company (AMC) include LIC Housing Finance (39.30%), GIC Housing Finance (11.70%), and Union Bank of India (4%).

Registered with SEBI in 1994, LIC Mutual Fund has a rich history of almost 30 years in effectively managing investors' funds. As of December 2023, the fund house boasts total assets under management (AUM) amounting to approximately Rs. 26058 crores.

Key highlights of LIC Mutual Fund:

- Currently, LIC Mutual Fund provides investors with about 26 different schemes catering to investors of varied risk appetites.

- The fund house is emerging as one of the most trusted fund managers due to its high standards of financial ethics and corporate governance. It strives to create value for its investors by adopting innovative strategies for investment as well as giving an excellent service experience.

Should I Invest in LIC MF Liquid Fund?

LIC MF Liquid Fund can be suitable for investors with the following profile:

Suitable for:

- Investors seeking short-term parking of surplus funds

- Those looking for reasonable returns with low risk

- Investors requiring high liquidity for their investments

- Conservative investors preferring stable returns over market volatility

- Individuals needing emergency fund allocation

Key Financial Metrics (as of latest available data):

- AUM: ₹11780.16 Cr as of 3rd April 2025

- Expense Ratio: 0.16 as of 3rd April 2025

- Minimum Investment: Lump sum minimum amount for LIC MF Liquid Fund is ₹5,000 and for SIP, it is ₹200

- Returns: The fund's annualized returns for the past 3 years & 5 years has been around 6.46% & 5.25%

Risk Considerations:

- Its risk level is Low to Moderate

- The volatility or standard deviation for the LIC MF Liquid Fund is 0.09 · Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

FAQs

What is today's NAV of LIC MF Liquid Fund?

The latest NAV varies daily based on market conditions. You can check the current NAV on Allvest's platform or the fund house's official website for real-time updates.

What is the AUM of LIC MF Liquid Fund?

The AUM (assets under management) of LIC MF Liquid Fund is ₹11780.16 Cr as of 3rd April 2025. The AUM reflects the fund's popularity and investor confidence.

What is the expense ratio of LIC MF Liquid Fund?

The expense ratio of LIC MF Liquid Fund Plan is 0.16 as of 3rd April 2025. This is lower than the category average, making it cost-effective for investors.

What are the returns of LIC MF Liquid Fund since inception?

LIC MF Liquid Fund Direct Growth has given a CAGR return of 6.88% since inception. The fund has consistently delivered stable returns over the years.

What is the minimum SIP amount to invest in LIC MF Liquid Fund?

The minimum SIP amount for LIC MF Liquid Fund is ₹200 making it accessible for retail investors with small investment amounts.

How do I invest in LIC MF Liquid Fund?

You can easily invest in LIC MF Liquid Fund through Allvest's platform by completing your KYC, selecting the fund, choosing between lump sum or SIP, and making payment through your registered bank account.

How to start a SIP in LIC MF Liquid Fund?

Log in to Allvest's platform, search for LIC MF Liquid Fund, select SIP option, choose your investment amount and frequency, provide bank mandate, and complete the setup process.

How do I automate an SIP in LIC MF Liquid Fund?

Set up an automated SIP through Allvest by providing bank mandate authorization, which allows automatic debits from your account on the chosen SIP dates without manual intervention each month.

How can I withdraw/redeem my investment in LIC MF Liquid Fund?

You can redeem your investment through Allvest's platform by selecting the fund, choosing partial or full redemption, specifying the amount or units, and submitting the request. Being a liquid fund, redemptions are processed quickly.