Investment Objective and Approach

The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

The fund follows a conservative investment strategy focusing on:

- Investment in Debt & Money Market Instruments such that the Macaulay Duration of the portfolio is between 3 months - 6 months

- Portfolio Composition (As of 31-Dec-2024) shows AAA/A1+ and Equivalent · 93.77% SOVEREIGN · 4.53%

- High credit quality focus with majority investments in sovereign and AAA-rated instruments

Target Investor Profile:

- Those who are looking to park idle money. Those who have moderately low risk appetite.

- Those who are looking for lower volatility compared to long duration funds. Those who have an investment horizon of over and above of 3 months - 6 months.

Fund Managers

Fund Manager Mr. Rahul Singh (Debt - managing since 27/11/19) leads the fund management. Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.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).

His extensive experience across multiple financial institutions brings valuable expertise to debt fund management, having worked with renowned organizations like BOI AXA Investment Managers and ING Investment Management before joining LIC Mutual Fund.

About the Fund House (AMC)

LIC Mutual Fund was established in April, 1989, by Life Insurance Corporation of India, the world's largest life insurer. Registered with SEBI in 1994, LIC Mutual Fund has a rich history of almost 30 years in effectively managing investors' funds.

Ownership Structure:

- 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%).

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. 30170.82 Crores. Currently, LIC Mutual Fund provides investors with about 26 different schemes catering to investors of varied risk appetites.

Should I Invest in LIC MF Ultra Short Duration Fund?

This fund is suitable for conservative investors seeking:

Ideal Investment Scenarios:

- Short-term surplus fund parking for 3-6 months

- They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years.

- Alternative to bank fixed deposits with potentially better returns

- They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

Key Performance Metrics (as of Dec 2024):

- The AUM of LIC MF Ultra Short Duration Fund - Regular Plan Fund is ₹215 Cr as of 31-Dec-2024

- Minimum Investment Amount: Lump sum minimum amount for LIC MF Ultra Short Duration Fund is ₹5,000 and for SIP, it is ₹200.

- The LIC MF Ultra Short Duration Fund has given 7.13% annualized returns in the past three years and 5.91% in the last 5 years.

- Expense Ratio (%) 0.95 for regular plan and Expense Ratio (Direct) (%) 0.25 for direct plan

Risk Considerations:

- The riskometer level of LIC MF Ultra Short Duration Fund - Regular Plan is Low to Moderate.

- The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

- Exit Load : NIL provides flexibility for early withdrawals

FAQs

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

The NAV of LIC MF Ultra Short Duration Fund - Regular Plan is ₹1,278.4679 as of 13-Jan-2025. NAV is updated daily and reflects the per-unit market value of the fund.

What is the AUM of LIC MF Ultra Short Duration Fund?

The AUM of LIC MF Ultra Short Duration Fund - Regular Plan Fund is ₹215 Cr as of 31-Dec-2024, indicating the total market value of assets managed by the fund.

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

Expense Ratio (%) 0.95 for regular plan and Expense Ratio (Direct) (%) 0.25 for direct plan, representing annual fund management charges.

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

The LIC MF Ultra Short Duration Fund has given 7.13% annualized returns in the past three years and 5.91% in the last 5 years. The fund was launched in November 2019.

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

for SIP, it is ₹200. This low minimum makes it accessible for small investors to start systematic investments.

How do I invest in LIC MF Ultra Short Duration Fund?

You can invest through Allvest platform by completing KYC, selecting the fund, choosing investment amount, and making payment. Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF Ultra Short Duration Fund - Regular Plan fund can be purchased from the website of LIC Mutual Fund.

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

Register on Allvest, complete KYC verification, select the fund, choose SIP option with desired monthly amount and date, then set up auto-debit for seamless monthly investments.

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

Through Allvest, set up auto-debit mandate during SIP registration. This automatically deducts the SIP amount monthly from your bank account, ensuring consistent investments without manual intervention.

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

Log into Allvest, navigate to your portfolio, select the fund, choose redemption amount (partial or full), and submit request. Exit Load : NIL means no charges for redemption.