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LIC MF Short Term Debt Fund - Regular Plan download report


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.20 Lakh

Suitability:

"Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
LIC MF Short Term Debt Fund Reg-G -0.43 -0.05 0.06 -0.75 -0.71 -0.24 1.25 5.30 -- -- --
CCIL T Bill Liquidity Weight 0.55 0.03 0.00 -0.04 0.32 0.83 1.91 2.81 -- -- --
Debt: Short Duration 0.48 -0.06 0.11 -0.56 0.00 0.78 3.52 5.45 -- -- --
Rank within category 23 9 18 24 19 25 24 18 -- -- --
Number of funds in category 26 29 29 29 27 26 25 24 21 21 20

As on 13-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Short Term Debt Fund - Regular Plan  | Invest Online
2 star
Feb-19 1.25 5.30 -- 1.44% 226
ICICI Prudential Short Term Fund  | Invest Now
4 star
Oct-01 2.89 7.08 6.78 1.13% 16,623
HDFC Short Term Debt Fund  | Invest Online
4 star
Jun-10 2.72 7.11 7.06 0.74% 14,549
Axis Short Term Fund
4 star
Jan-10 2.69 6.82 6.70 0.98% 10,086
Nippon India Short Term Fund  | Invest Online
4 star
Dec-02 2.66 6.69 6.42 1.15% 8,160

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.22 24-Mar-2020 - 31-Mar-2020 -1.64 12-Mar-2020 - 19-Mar-2020
Month 3.35 24-Mar-2020 - 23-Apr-2020 -1.98 20-Feb-2020 - 23-Mar-2020
Quarter 5.58 24-Mar-2020 - 24-Jun-2020 -0.71 11-Feb-2022 - 13-May-2022
Year 9.94 02-Jul-2019 - 01-Jul-2020 1.17 07-May-2021 - 09-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
LIC MF Short Term Debt Fund Reg-G 5.54 1.73 1.16 2.40 2.67 3.81
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Short Duration 5.71 3.44 1.17 2.48 0.72 2.66
Rank within category 18 6 17 16 22 15
Number of funds in category 24 24 24 24 24 24

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 25 11 52
Modified Duration (yrs) 1.64 2.04 1.11 1.51
Average Maturity (yrs) 1.84 2.32 1.19 1.91
Yield to Maturity (%) 5.38 5.38 4.33 5.66
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 37.45 37.45
equal Axis Bank 15/06/2022 Certificate of Deposit A1+ 0.00 - 9.54 8.82
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 8.79 8.79
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.48 - 10.17 7.90
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 3.14 - 7.27 7.04
new Reserve Bank of India 182-D 25/08/2022 Treasury Bills SOV 0.00 - 6.56 6.56
equal 8.94% Export-Import Bank 31/12/2022 Bonds AAA 2.26 - 4.82 4.68
equal 8.80% Power Grid Corporation 13/03/2023 Bonds AAA 2.23 - 4.77 4.62
equal 6.55% NTPC 17/04/2023 Debenture AAA 2.13 - 4.94 4.50
new 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 4.33 4.33
equal 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 1.04 - 2.40 2.32

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager

— Marzban Irani since 11-Jan-2019

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.

Funds Managed:

— Sanjay Pawar since 01-Sep-2020

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.

Funds Managed:


-0.05%

Change from previous, NAV as on 13-May-2022

Growth: ₹ 11.9430

IDCW: ₹ 11.9430


Investment Strategy

The scheme seeks to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments.

Investment Details

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

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 01-Feb-2019
Return Since Launch: 5.56%
Benchmark: CRISIL Short Duration Fund BII Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 226 Cr (As on 30-Apr-2022)
Expense: 1.44% (As on 30-Apr-2022)
Risk Grade: Above Average
Return Grade: Below Average

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016177 / 022-66016178

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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