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LIC MF Medium to Long Duration Fund - NAV, Returns & Investment Details

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Invest in LIC MF Medium to Long Duration Fund - A debt mutual fund scheme offering steady returns through quality debt securities. Check latest NAV, performance, AUM and investment options.

Investment Objective and Approach

The scheme endeavours to generate attractive returns by investing predominantly in quality debt and money market securities. The scheme may also take a 20 per cent exposure to equity.

This is a medium to long duration debt fund that focuses on bonds with maturities typically ranging from 4 to 7 years. As of 31-Mar-2025, LIC MF Medium to Long Duration Fund had invested 99.71% in Debt and 0.29% in Cash & Cash Equivalents. The fund aims to capitalize on interest rate movements while maintaining a balanced approach to credit risk through investments in high-quality debt instruments.

The investment strategy involves active duration management to optimize returns based on interest rate cycles. The fund manager employs a disciplined approach to security selection, focusing on instruments with strong credit ratings to minimize default risk while maximizing return potential.

Fund Managers

Marzban Irani is the Current Fund Manager of LIC MF Medium to Long Duration Fund Direct Growth fund. Mr. Marzban Irani has over 19 years of experience as a Fund Manager at various Tier-I financial institutions across the country. Currently, he oversees the debt portfolio as the Fund Manager of LIC MF.

Mr Marzban Irani, PGDBM, B.Com (H), joined LIC Mutual Fund in August 2016. He is associated with LIC MF as the Chief Investment Officer – Debt. Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.

His extensive experience across various prominent financial institutions provides him with deep insights into debt market dynamics and fixed income strategies, making him well-positioned to manage this medium to long duration fund.

About the Fund House (AMC)

LIC Mutual Fund was established on 20th April 1989 by LIC of India. Being an associate company of India's premier and most trusted brand, LIC Mutual Fund is one of the well-known players in the asset management sphere.

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 Asset Management Limited is managing 226 schemes with an Asset under Management of ₹ 36,958.73 crores. The fund house has built a reputation for:

- Systematic investment discipline coupled with high standards of financial ethics

- Corporate governance excellence

- A systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity. LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust investment strategies, catering to all segments of investors.

- Strong track record across equity, debt, hybrid, and other fund categories

The AMC benefits from the backing of LIC of India, one of India's most trusted financial brands, providing additional credibility and financial stability to its mutual fund operations.

Should I Invest in LIC MF Medium to Long Duration Fund?

Key Financial Metrics (as of latest available data):

- The AUM of LIC MF Medium to Long Duration Fund Fund is ₹191 Cr as of 31-Mar-2025

- It has delivered 7.94% returns since inception

- The expense ratio of LIC MF Medium to Long Duration Fund is 1.22

- The fund's annualized returns for the past 3 years & 5 years has been around 8.28% & 5.99%

Investment Considerations:

Who Should Consider This Fund:

- Investors seeking steady income through debt investments

- Those with moderate risk appetite looking for better returns than traditional fixed deposits

- Investors wanting exposure to medium to long duration bonds

- Those seeking to diversify their portfolio with quality debt securities

Risk Factors:

- Interest rate risk - returns may be impacted by changes in interest rates

- Credit risk - though minimized through quality security selection

- The riskometer level of LIC MF Medium to Long Duration Fund is Moderate

Investment Options:

- Lump sum minimum amount for LIC MF Medium to Long Duration Fund is ₹5,000 and for SIP, it is ₹200

- No, There is no lock in period in LIC MF Medium to Long Duration Fund

This fund is suitable for investors who understand debt market dynamics and are comfortable with moderate interest rate risk in exchange for potentially higher returns than shorter duration funds.

FAQs

What is today's NAV of LIC MF Medium to Long Duration Fund?

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

What is the AUM of LIC MF Medium to Long Duration Fund?

The AUM of LIC MF Medium to Long Duration Fund Fund is ₹191 Cr as of 31-Mar-2025

What is the expense ratio of LIC MF Medium to Long Duration Fund?

The expense ratio of LIC MF Medium to Long Duration Fund is 1.22 for the regular plan, which covers fund management and operational costs.

What are the returns of LIC MF Medium to Long Duration Fund since inception?

It has delivered 7.94% returns since inception, providing steady performance over its operational period.

What is the minimum SIP amount to invest in LIC MF Medium to Long Duration Fund?

For SIP, it is ₹200, making it accessible for small investors to start systematic investing.

How do I invest in LIC MF Medium to Long Duration Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount and mode (SIP/lumpsum), and making payment online.

How to start a SIP in LIC MF Medium to Long Duration Fund?

On Allvest, select the fund, choose SIP option, set your monthly amount (minimum ₹200), select SIP date, and authorize auto-debit from your bank account.

How do I automate an SIP in LIC MF Medium to Long Duration Fund?

Set up auto-debit mandate through Allvest platform by providing bank details and authorization. Your SIP will automatically deduct the chosen amount monthly on your selected date.

How can I withdraw/redeem my investment in LIC MF Medium to Long Duration Fund?

You can redeem units anytime through Allvest platform by selecting partial or full redemption. There is no lock in period, and funds are typically credited within 1-3 business days.