1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
"Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon."
Taxability of earnings:
|Debt: Medium to Long Duration||-0.22||0.03||0.13||-0.14||0.33||2.24||3.45||7.48||6.24||7.15||--|
|Rank within category||3||5||10||2||10||15||14||12||11||12||--|
|Number of funds in category||19||19||19||19||19||15||14||14||14||14||0|
As on 25-Jan-2022
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|LIC MF Bond Fund - Direct Plan | Invest Online||Jan-13||1.74||7.10||5.73||1.01%||128|
|ICICI Prudential Bond Fund - Direct Plan | Invest Now||Jan-13||3.15||8.59||7.26||0.56%||4,007|
|Aditya Birla Sun Life Income Fund - Direct Plan | Invest Online||Jan-13||4.49||9.26||7.18||0.40%||3,214|
|Kotak Bond Fund - Direct Plan | Invest Online||Jan-13||3.09||9.36||6.86||0.74%||2,776|
|SBI Magnum Income Fund - Direct Plan | Invest Online||Jan-13||4.13||9.49||8.00||0.80%||1,701|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||2.48||13-Apr-2020 - 21-Apr-2020||-2.63||10-Jul-2013 - 17-Jul-2013|
|Month||4.51||08-Apr-2020 - 08-May-2020||-3.56||17-Jun-2013 - 17-Jul-2013|
|Quarter||7.22||09-Apr-2020 - 10-Jul-2020||-6.12||20-May-2013 - 19-Aug-2013|
|Year||15.18||04-Mar-2014 - 04-Mar-2015||-0.50||11-Sep-2017 - 11-Sep-2018|
|Debt: Medium to Long Duration||7.35||3.62||1.26||2.09||1.24||1.12|
|Rank within category||12||4||11||9||7||11|
|Number of funds in category||14||14||14||14||14||14|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||7||16||7||23|
|Modified Duration (yrs)||2.75||5.49||1.78||4.09|
|Average Maturity (yrs)||3.14||7.34||2.00||5.42|
|Yield to Maturity (%)||5.05||5.35||4.33||5.88|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|5.63% GOI 2026||GOI Securities||SOV||0.00 - 50.59||50.59|
|Reserve Bank of India 182-D 03/02/2022||Treasury Bills||SOV||0.00 - 19.45||19.45|
|6.10% GOI 2031||GOI Securities||SOV||0.00 - 15.64||7.83|
|5.22% GOI 15/06/2025||GOI Securities||SOV||0.00 - 16.30||6.10|
|6.59% Indian Railway Finance Corporation 14/04/2023||Debenture||AAA||0.00 - 4.04||4.04|
|7.32% GOI 28/01/2024||GOI Securities||SOV||0.74 - 13.82||0.84|
|7.98% Gujarat State 2026||State Development Loan||SOV||0.26 - 0.46||0.45|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2021
Education: Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.
Experience: 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.
Education: Mr. Pawar is a B.Com, MBA
Experience: Prior to joining LIC Mutual Fund, he has worked with Taurus Mutual Fund, Edelweiss Securities Ltd., CRISIL Limited, ICAP.
The scheme endevours to generate attractive return by investing predominantly in quality debt and money market securities. The scheme may also take a 20 per cent exposure to equity.
|Min. Investment (₹)||5,000|
|Min. Addl Investment (₹)||500|
|Min. SIP Investment (₹)||1,000|
|Min. No of Cheques||12|
|Min. Withdrawal (₹)||500|
|Min. Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Exit Load||0.25% for redemption within 15 days|
|Fund House:||LIC Mutual Fund|
|Return Since Launch:||7.22%|
|Benchmark:||CRISIL Composite Bond Index|
|Riskometer:||Low to Moderate|
|Assets:||₹ 128 Cr (As on 31-Dec-2021)|
|Expense:||1.01% (As on 31-Dec-2021)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: LIC Mutual Fund Asset Management Company Ltd
Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020
Phone: 022-66016000 / 1800-258-5678
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]