DEBT•ULTRA SHORT DURATION FUND
LIC Ultra Short Duration Fund
3 Year return
7.19%
NAV on August 07, 2026
1449.9176
1D Returns
+0.57%
Launched on November 2019(7 years)
Investment Details
₹200
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
11.89%₹428
Total Value ₹4,028
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹440.96 Cr.
Expense Ratio
0.25% (inclusive of GST)
Exit Load
Nil
Ratings
2.5
Ratings by other agencies
Value Research
1
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
LIC Mutual Fund Manager
PH
Pratik Harish Shroff
Fund Manager since Sep 2023
RS
Rahul Singh
Fund Manager since Oct 2015
Fund House Details
LIC Mutual Fund
Asset management company
AUM
₹50,329.2 Cr.
No. of Schemes
129
Setup Date
April 1989
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Ultra Short Duration Fund | 7.3296% | 2.5 |
| Nippon India Ultra Short Duration Fund | 7.5911% | 3 |
| ICICI Prudential Ultra Short Term Fund | 7.4243% | 5 |
Schemes by LIC Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Key Features of The Fund
5-year return
6.4274%
Expense Ratio
0.25%
Fund Manager
Pratik Harish Shroff
Fund Size
₹440.96 Cr.
Risk Profile
Low
AMC Contact Details
| Name | LIC Mutual Fund |
| Launch Date | April 1989 |
| Address | Industrial Assurance Bldg., 4th Floor, Opp. Churchgate Station, Mumbai - 400 020. |
| Contact | 1800 258 5678 |
| service_licmf@kfintech.com | |
| Website | https://www.licmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of LIC Ultra Short Duration Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of LIC Ultra Short Duration Fund on August 07, 2026, is ₹1449.9176
What is the AUM of LIC Ultra Short Duration Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of LIC Ultra Short Duration Fund, is ₹440.96 crore.
What is the expense ratio of LIC Ultra Short Duration Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of LIC Ultra Short Duration Fund is 0.25%
What are the returns of LIC Ultra Short Duration Fund since inception?
The LIC Ultra Short Duration Fund was launched on November 21, 2019. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in LIC Ultra Short Duration Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for LIC Ultra Short Duration Fund is ₹200.
How do I invest in LIC Ultra Short Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in LIC Ultra Short Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in LIC Ultra Short Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in LIC Ultra Short Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,028 in 3Y at 7.1863% returns
SIP Date1st of every month
Your next SIP Payment will be on 7 September 2026
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