1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
Please wait...
Please wait...
YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.73 | -0.04 | -0.10 | -0.42 | -0.54 | 1.41 | 5.91 | -- | -- | -- | -- |
CCIL T Bill Liquidity Weight | 0.29 | 0.01 | 0.01 | 0.18 | 0.43 | 1.07 | 2.84 | -- | -- | -- | -- |
Debt: Short Duration | -0.54 | -0.04 | -0.12 | -0.40 | -0.25 | 2.01 | 6.46 | -- | -- | -- | -- |
Rank within category | 20 | 16 | 9 | 16 | 24 | 25 | 22 | -- | -- | -- | -- |
Number of funds in category | 26 | 27 | 26 | 26 | 26 | 26 | 26 | 23 | 23 | 23 | 20 |
As on 26-Feb-2021
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 | Feb-19 | 5.91 | -- | -- | 1.44 | 714 | |
ICICI Prudential Short Term Fund | Invest Now | Oct-01 | 8.33 | 8.43 | 8.42 | 1.16 | 24,170 | |
Kotak Bond - Short Term Regular Fund | Invest Online | May-02 | 7.18 | 8.15 | 7.85 | 1.16 | 21,025 | |
HDFC Short Term Debt Fund | Invest Online | Jun-10 | 8.15 | 8.74 | 8.36 | 0.78 | 18,390 | |
Axis Short Term Fund | Jan-10 | 7.97 | 8.46 | 8.13 | 1.01 | 15,694 |
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 | -0.54 | 27-Nov-2020 - 26-Feb-2021 |
Year | 9.94 | 02-Jul-2019 - 01-Jul-2020 | 5.84 | 26-Feb-2020 - 25-Feb-2021 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | -- | -- | -- | -- | -- | -- |
CCIL T Bill Liquidity Weight* | 3.72 | 0.36 | -2.62 | -5.07 | -- | -- |
Debt: Short Duration* | 6.40 | 3.49 | 1.10 | 2.09 | 0.85 | 2.54 |
Rank within category | -- | -- | -- | -- | -- | -- |
Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-Jan-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 34 | 35 | 15 | 67 |
Modified Duration (yrs) | 1.96 | 2.71 | 1.96 | -- |
Average Maturity (yrs) | 2.27 | 3.19 | 2.27 | -- |
Yield to Maturity (%) | 4.60 | 6.44 | 4.30 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
Please wait...
Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
![]() |
6.83% Power Finance Corp. 24/04/2023 | Debenture | AAA | 0.00 - 9.15 | 9.15 |
![]() |
5.50% Indian Oil Corp. 20/10/2025 | Non Convertible Debenture | AAA | 0.00 - 7.11 | 7.11 |
![]() |
5.69% REC 30/09/2023 | Non Convertible Debenture | AAA | 0.00 - 6.54 | 6.54 |
![]() |
6.40% National Bank Agr. Rur. Devp 31/07/2023 | Non Convertible Debenture | AAA | 0.00 - 9.55 | 5.97 |
|
Reserve Bank of India 182-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 4.89 | 4.89 |
|
6.79% GOI 15/05/2027 | GOI Securities | SOV | 0.00 - 4.49 | 4.49 |
![]() |
7.32% GOI 28/01/2024 | GOI Securities | SOV | 0.00 - 14.29 | 4.06 |
![]() |
HUDCO 13/10/2022 | Debenture | AAA | 0.00 - 4.01 | 3.71 |
![]() |
6.99% HUDCO 2022 | Debenture | AAA | 0.00 - 4.00 | 3.70 |
|
Kotak Mahindra Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 3.50 | 3.50 |
![]() |
Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 3.90 | 3.46 |
![]() |
Axis Bank 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 3.73 | 3.46 |
![]() |
7.28% HDFC 26/09/2022 | Debenture | AAA | 0.00 - 7.13 | 3.13 |
![]() |
6.84% GOI 19/12/2022 | GOI Securities | SOV | 0.00 - 10.21 | 2.96 |
![]() |
4.90% SIDBI 18/08/2023 | Bonds/NCDs | AAA | 0.00 - 5.77 | 2.87 |
![]() |
7.05% Reliance Industries 13/09/2023 | Debenture | AAA | 0.00 - 6.19 | 2.26 |
![]() |
7.17% GOI 2028 | GOI Securities | SOV | 0.00 - 7.48 | 1.66 |
![]() |
8.80% Power Grid Corporation 13/03/2023 | Bonds | AAA | 1.62 - 5.27 | 1.62 |
![]() |
6.72% NTPC 24/11/2021 | Bonds | AAA | 1.59 - 5.47 | 1.59 |
![]() |
6.55% NTPC 17/04/2023 | Debenture | AAA | 0.00 - 3.00 | 1.52 |
![]() |
8.70% L&T Infra Debt Fund 24/02/2021 | Bonds | AAA | 1.52 - 4.94 | 1.52 |
![]() |
8.94% Export-Import Bank 31/12/2022 | Bonds | AAA | 1.52 - 5.27 | 1.52 |
![]() |
6.19% IRFC 28/04/2023 | Debenture | AAA | 0.00 - 4.82 | 1.51 |
![]() |
8.15% REC 18/06/2021 | Bonds/Debentures | AAA | 1.49 - 4.98 | 1.49 |
![]() |
8.24% India Infradebt 30/08/2021 | Debenture | AAA | 1.47 - 4.93 | 1.47 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— 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
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seeks to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 500 |
Minimum SIP Investment (₹) | 1,000 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | -- |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | LIC Mutual Fund |
Launch Date: | 01-Feb-2019 |
Return Since Launch: | 7.65% |
Benchmark: | CRISIL Short-Term Bond TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 714 Cr (As on 31-Jan-2021) |
Expense: | 1.44% (As on 31-Jan-2021) |
Risk Grade: | Average |
Return Grade: | Average |
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
Fax: 022-22880633
Email: [email protected]
Website: http://www.licmf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com