Debt Generate Interest income and beat FD returns
Ultra Short Duration Fund
Category Rank
Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment
Rating
Fund
Time to Invest
Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment
NAV
1175.8407
(22/09/2023)
L 52Wk H
1109.96
1175.62
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Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment

Debt
Ultra Short Duration Fund
Generate Interest income and beat FD returns
Rank Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment
Fund
NAV
1175.8407
(22/09/2023)
Time to Invest
Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment
Rating
L 52Wk H
1109.96
1175.62
Investment Objective

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 scheme does not assure or guarantee any returns. .

Category
  • Debt - Ultra Short Duration Fund
Benchmark
  • CRISIL Ultra Short Term Debt Index
Returns
Absolute
1M
0.50%
3M
1.42%
6M
3.01%
Annualised
1Y
5.93%
3Y
4.24%
5Y
-
Historical NAV
NAV for scheme LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment

AUM

182.81 Cr
Lic Ultra Short Duration Fund - Regular Plan - Monthly Idcw - Reinvestment AUM is 95% lower than other schemes in the category

Load

Entry Load - NIL
Exit Load - Nil
Lock In Period - NIL

Expense Ratio

1%

Turnover Ratio

NA