LIC MF Medium to Long Duration Fund-Growth

Q: What are the returns of LIC MF Medium to Long Duration Fund?

The LIC MF Medium to Long Duration Fund is a 26 yrs 5 m old fund and has delivered average annual returns of 7.76% since inception. LIC MF Medium to Long Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.61% 6.99% 4.98% 6.26% 7.76%

Previously called: LIC MF Medium to Long Duration Bond -G

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹72.0601+0.1% 1 day change	7.76% p.a.	App exclusive #NA View Ranked Funds	₹191 Cr

Historical NAV & returns

NAV: ₹72.0601 as on Sep 03, 2025

This fund Category average

LIC MF Medium to Long Duration Fund overview

Expense ratio	1.22% as on Aug 31, 2025
Plan type	Regular
Exit load	0.25% Exit load of 0.25% if redeemed within 15 days.!
AUM (Fund size)	₹191 Cr
Lock-in Period	Nil
Age	26 yrs 5 m since Mar 26, 1999
Benchmark	CRISIL Medium to Long Duration Debt A-III Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

LIC MF Medium to Long Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	-1.46%	-1.06%
3 Months	-1.41%	-1.09%
6 Months	3.49%	3.18%
1 Year	6.61%	5.94%
2 Years	7.24%	6.97%
3 Years	6.99%	6.65%
4 Years	5.66%	5.52%
5 Years	4.98%	5.24%
7 Years	6.65%	6.43%
10 Years	6.26%	6.32%

Asset allocationas on Mar 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 88.32142335%

AAA 11.12249383%

Cash & Call Money 0.29292336%

Others 0.26315941%

Top Debt Holdings

Maharashtra State 41.7%

GOI 32.48%

Gujarat State 13.67%

HDFC Bank Ltd. 5.57%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.25%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Medium to Long Duration Fund	N.A.	191 Cr	26 yrs 5 m	1.22%
SBI Magnum Income Fund	N.A.	1,983 Cr	26 yrs 11 m	1.47%
Nippon India Medium to Long Duration Fund	N.A.	400 Cr	27 yrs 8 m	1.52%
ICICI Prudential Bond Fund	N.A.	2,889 Cr	17 yrs	1.03%
Aditya Birla Sun Life Income plus Arbitrage Active FoF	N.A.	121 Cr	18 yrs 9 m	0.28%

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Medium to Long Duration Fund	-1.46%	3.49%	6.61%	6.99%	4.98%	6.26%
SBI Magnum Income Fund	-0.97%	3.14%	6.2%	7.03%	5.69%	7.45%
Nippon India Medium to Long Duration Fund	-1.42%	2.37%	4.88%	6.65%	4.93%	6.79%
ICICI Prudential Bond Fund	-1.18%	3.52%	7.13%	7.48%	5.78%	7.24%
Aditya Birla Sun Life Income plus Arbitrage Active FoF	-0.11%	4.25%	7.69%	7.22%	5.95%	6.92%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Medium to Long Duration Fund	2.42	1.39	0.21	0.31
SBI Magnum Income Fund	1.99	1.16	0.22	0.34
Nippon India Medium to Long Duration Fund	2.41	1.4	0.05	0.06
ICICI Prudential Bond Fund	2.02	1.15	0.43	0.58
Aditya Birla Sun Life Income plus Arbitrage Active FoF	1.19	N.A.	0.57	0.97

View all Medium To Long Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.02 vs. 2.16 Underperformed at beating benchmark
Sharpe	0.21 vs. 1.76 Poor risk-adjusted returns
Beta	1.39 vs. 0.62 More sensitive to market's ups & downs
Standard deviation	2.42 vs. 2.07 More volatile performance

Compare LIC MF Medium to Long Duration Fund in detail with

About this fund

About LIC MF Medium to Long Duration Fund

LIC MF Medium to Long Duration Fund-Growth is a Medium to Long Duration mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 26 yrs 5 m, having been launched on 26/03/1999. LIC MF Medium to Long Duration Fund-Growth has ₹191 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Medium to Long Duration Fund-Growth as of 03/09/2025 is ₹72.06. The fund has an expense ratio of 1.22%, which is higher than what most other Medium To Long Duration funds charge.

LIC MF Medium to Long Duration Fund-Growth returns of last 1-year are 6.63%. Since launch, it has delivered 7.82% average annual returns. The fund has doubled the money invested in it every 11 yrs.
LIC MF Medium to Long Duration Fund-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Maharashtra State, GOI, Gujarat State, HDFC Bank Ltd., Jamnagar Utilities and Power Pvt. Ltd..

...

Fund AUM	191 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Marzban Irani

Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai. 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.

Pratik Harish Shroff

Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities

Investment objective

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.

LIC Mutual Fund details

No. of schemes	30 view all schemes
Total AUM	38,854 Cr as on Jun 30, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

More funds from LIC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
LIC MF Banking & PSU Fund	N.A.	1,702 Cr	7.93%	7.03%
LIC MF Liquid Fund	N.A.	9,367 Cr	6.82%	6.94%
LIC MF Low Duration Fund	N.A.	1,450 Cr	7.27%	6.74%
LIC MF Short Duration Fund	N.A.	111 Cr	7.49%	6.66%
LIC MF Ultra Short Duration Fund	N.A.	307 Cr	6.83%	6.41%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Medium to Long Duration Fund?

The current Net Asset Value (NAV) of the LIC MF Medium to Long Duration Fund - Direct Growth plan is approximately ₹72.0601 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Medium to Long Duration Fund is a 26 yrs 5 m old fund and has delivered average annual returns of 7.76% since inception.

LIC MF Medium to Long Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.61%	6.99%	4.98%	6.26%	7.76%

How much does this mutual fund charge as expense ratio?

The LIC MF Medium to Long Duration Fund - Direct Growth has an expense ratio of 1.22%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The LIC MF Medium to Long Duration Fund currently has assets under management (AUM) or fund size valued at approximately 191 Cr as on Mar 31, 2025.

To whom does LIC MF Medium to Long Duration Fund lend to?

The top 3 debt holdings of LIC MF Medium to Long Duration Fund are as follows

Holding Name	Percentage of Portfolio
Maharashtra State	41.7%
GOI	32.48%
Gujarat State	13.67%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The LIC MF Medium to Long Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	88.32142335%
AAA	11.12249383%
Cash & Call Money	0.29292336%

What is risk level of LIC MF Medium to Long Duration Fund?

This is a Medium To Long Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in LIC MF Medium to Long Duration Fund?

LIC MF Medium to Long Duration Fund-Growth is the regular plan of the fund. For this plan of you pay 1.22% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.21%. That's 1.01% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 1.01% if you opt for direct plan of LIC MF Medium to Long Duration Fund

How can I redeem my investments in LIC MF Medium to Long Duration Fund?

Redeeming your investments in LIC MF Medium to Long Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in LIC MF Medium to Long Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Medium to Long Duration

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 15 days.