Investment Objective and Approach

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. The fund follows a focused debt strategy by investing in instruments with a Macaulay Duration between 1 year and 3 years, making it suitable for investors seeking moderate-duration exposure in their debt portfolio.

Investment Strategy:

- Invests primarily in debt securities and money market instruments

- Maintains portfolio duration between 1-3 years for optimal risk-return balance

- Focuses on credit quality to minimize default risk

- Follows active duration management based on interest rate outlook

Target Investor Profile:

Investors who are looking for consistent returns over a period of short to medium term. Investors who has a moderate risk appetite. Investors who has an investment horizon of around 3 years.

Risk Profile: Risk - Moderate, making it appropriate for investors who can tolerate some volatility in exchange for potentially better returns than ultra-short duration funds.

Key Fund Metrics (as of December 2024):

- Latest NAV: ₹14.8108 as of 20 Dec 2024

- AUM: ₹108.53 crores as of 20 Dec 2024

- Expense Ratio: 0.37%

- Minimum SIP: ₹200

- Minimum Lumpsum: ₹5,000

Performance Track Record:

- 1-Year Returns: 8.44% in the past 1 year

- 3-Year CAGR: 6.19%

- 5-Year CAGR: 6.52%

- Since Inception Returns: 48.31% since scheme launch

Fund Managers

The fund is managed by a team of experienced professionals with deep expertise in debt markets:

Marzban Irani - Primary Fund Manager

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.

Professional Background:

- Post Graduate Diploma in Business Management, which propelled him into a career as a Fund Manager at Tata Asset Management Ltd. from 2000 to 2007

- He shifted to Mirae Asset Management Ltd., undertaking the same role in 2008

- Marzban Irani also worked with MetLife Insurance as Chief Manager till 2011

- B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai

The fund also benefits from the support of Pratik Harish Shroff as co-fund manager, ensuring comprehensive portfolio oversight.

About the Fund House (AMC)

LIC Mutual Fund stands as one of India's trusted asset management companies with a rich heritage and strong institutional backing.

Company Overview:

LIC Mutual Fund was established in 1989 as an associate company of LIC of India. Over the years, the fund house has become one of the major AMCs in India

Key Highlights:

- Established: 20th April 1989 by LIC of India

- Parentage: Backed by Life Insurance Corporation of India, providing strong financial stability

- Experience: Over 35 years of investment management expertise

- Total AUM: Manages a diversified portfolio across equity, debt, and hybrid funds

- Investment Philosophy: Conservative approach with focus on capital preservation and steady returns

Strengths:

- Strong research capabilities and risk management framework

- Conservative investment approach aligned with LIC's philosophy

- Experienced fund management team with proven track record

- Robust compliance and governance structure

- Wide distribution network across India

Should I Invest in LIC MF Short Duration Fund?

Suitable For:

- Investors with moderate risk tolerance seeking better returns than liquid funds

- Those with investment horizon of 1-3 years

- Investors looking to diversify their debt portfolio with medium-duration exposure

- Conservative investors who want steady income generation

- Those seeking tax-efficient debt investment option

Key Advantages:

- Competitive expense ratio of 0.37% keeps costs low

- Professional management by experienced debt specialists

- Moderate duration strategy balances risk and return potential

- Strong fund house credentials with LIC backing

- Consistent performance track record across market cycles

- No exit load providing investment flexibility

Considerations:

- Interest rate risk due to moderate duration profile

- Credit risk from underlying debt securities

- Performance may lag during falling rate cycles

- Moderate returns compared to equity-oriented funds

- Tax implications on short-term gains

Investment Approach:

The fund is ideal for conservative investors seeking a middle ground between liquid funds and long-duration debt funds. With its Moderate risk rating, it offers a balanced approach to debt investing while maintaining reasonable return potential.

FAQs

What is today's NAV of LIC MF Short Duration Fund?

The current NAV of LIC Short Duration Fund is ₹14.8108 as of 20 Dec 2024. NAV is updated daily and reflects the per-unit value of the fund.

What is the AUM of LIC MF Short Duration Fund?

The latest value of AUM of LIC Short Duration Fund is ₹108.53 crores as of 20 Dec 2024. This represents the total assets managed by the fund.

What is the expense ratio of LIC MF Short Duration Fund?

The expense ratio of LIC Short Duration Fund is 0.37%. This is the annual fee charged for managing your investment.

What are the returns of LIC MF Short Duration Fund since inception?

LIC MF Short Duration Fund Direct - Growth scheme return performance in last 1 year is 8.54%, in last 3 years is 19.71% and 48.31% since scheme launch.

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

If you wish to invest in LIC Short Duration Fund, the minimum SIP amount is ₹200 and Lumpsum is ₹5,000.

How do I invest in LIC MF Short Duration Fund?

You can invest through Allvest platform with zero commission. Simply complete your KYC, choose between SIP or lumpsum, and start investing online within minutes.

How to start a SIP in LIC MF Short Duration Fund?

Register on Allvest, complete your KYC verification, select LIC MF Short Duration Fund, choose SIP option, set investment amount (minimum ₹200), and authorize the monthly debit mandate.

How do I automate an SIP in LIC MF Short Duration Fund?

Set up a bank mandate through Allvest platform which will automatically deduct the SIP amount monthly from your bank account. You can also enable auto-increase SIP feature for systematic investment growth.

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

Log into your Allvest account, select the fund, choose partial or full redemption option. The redemption amount will be credited to your registered bank account within 1-2 business days as there's no exit load.