LIC MF Money Market Fund

Q: What are the returns of this mutual fund scheme?

The LIC MF Money Market Fund is a 3 yrs 2 m old fund and has delivered average annual returns of 6.16% since inception. LIC MF Money Market Fund Returns 1-Year 3-Year Since Inception 6.66% 6.35% 6.16%

Q: How much does this mutual fund charge as expense ratio?

The LIC MF Money Market Fund has an expense ratio of 0.49% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1213.2075+0.05% 1 day change	6.16% p.a.	App exclusive #NA View Ranked Funds	₹3,130 Cr

Historical NAV & returns

NAV: ₹1213.2075 as on Oct 20, 2025

This fund Category average

LIC MF Money Market Fund overview

AUM (Fund size)	₹3,130 Cr
Exit load	0%
Lock-in Period	Nil
Age	3 yrs 2 m since Jul 28, 2022
Benchmark	NIFTY Money Market Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.49% as on Sep 30, 2025
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

LIC MF Money Market 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 Oct 17, 2025

Period	This fund	Category average
1 Month	0.47%	0.46%
3 Months	1.37%	1.32%
6 Months	3.21%	3.17%
1 Year	6.66%	7.31%
2 Years	6.42%	7.36%
3 Years	6.35%	7.24%

Asset allocationas on Sep 30, 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

A1+ 91.80755592%

SOV 14.11055807%

Others 0.11827934%

Cash & Call Money -6.03639363%

Top Debt Holdings

Reserve Bank of India 9.25%

Bank Of Baroda 9.2%

National Bank For Agriculture & Rural Development 7.73%

Kotak Mahindra Bank Ltd. 7.72%

Allocation by Instruments

Certificate of Deposit 53.373966020000005%

Commercial Paper 38.4335899%

Treasury Bills 9.251549069999998%

State Development Loan 4.859009%

Other Holdings

Others 0.12%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Money Market Fund	0.47%	3.21%	6.66%	6.35%	N.A.	N.A.
UTI Money Market Fund	0.47%	3.28%	7.6%	7.59%	6.15%	6.76%
Sundaram Money Market Fund	0.47%	3.24%	7.47%	7.3%	5.86%	4.35%
Nippon India Money Market Fund	0.47%	3.28%	7.55%	7.56%	6.16%	6.76%
Tata Money Market Fund	0.47%	3.25%	7.54%	7.55%	6.14%	5.98%
Aditya Birla Sun Life Money Manager Fund	0.47%	3.27%	7.53%	7.58%	6.15%	6.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Money Market Fund	0.29	0.64	-0.53	-0.91
UTI Money Market Fund	0.32	0.8	3.21	6.79
Sundaram Money Market Fund	0.33	0.85	2.36	4.87
Nippon India Money Market Fund	0.33	0.82	3.04	6.25
Tata Money Market Fund	0.33	0.83	3.02	6.02
Aditya Birla Sun Life Money Manager Fund	0.31	0.78	3.29	6.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Money Market Fund	N.A.	3,130 Cr	3 yrs 2 m	0.49%
UTI Money Market Fund	N.A.	18,862 Cr	16 yrs 3 m	0.22%
Sundaram Money Market Fund	N.A.	1,761 Cr	7 yrs 1 m	0.29%
Nippon India Money Market Fund	N.A.	23,246 Cr	20 yrs 4 m	0.38%
Tata Money Market Fund	N.A.	38,808 Cr	22 yrs 5 m	0.4%
Aditya Birla Sun Life Money Manager Fund	N.A.	26,757 Cr	20 yrs	0.36%

View all Money Market funds

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

Alpha	1.0 vs. 3.39 Underperformed at beating benchmark
Sharpe	-0.53 vs. 3.65 Poor risk-adjusted returns
Beta	0.64 vs. 2.49 Less sensitive to market ups & downs
Standard deviation	0.29 vs. 0.3 More stable returns

Compare LIC MF Money Market Fund in detail with

About this fund

About LIC MF Money Market Fund

LIC MF Money Market Fund is a Money Market mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 3 yrs 2 m, having been launched on 28/07/2022. LIC MF Money Market Fund has ₹3,130 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Money Market Fund as of 20/10/2025 is ₹1213.21. The fund has an expense ratio of 0.49%, which is higher than what most other Money Market funds charge.

LIC MF Money Market Fund returns of last 1-year are 6.72%. Since launch, it has delivered 6.18% average annual returns.
LIC MF Money Market Fund scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
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 better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India, Bank Of Baroda, National Bank For Agriculture & Rural Development, Kotak Mahindra Bank Ltd., HDFC Bank Ltd..

...

Fund AUM	3,130 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Singh

Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A. Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

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 seeks to generate income through investment in a portfolio comprising of money market instruments.

LIC Mutual Fund details

No. of schemes	30 view all schemes
Total AUM	41,742 Cr as on Sep 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 Medium to Long Duration Fund	N.A.	204 Cr	6.91%	7.65%
LIC MF Banking & PSU Fund	N.A.	1,909 Cr	7.92%	7.44%
LIC MF Short Duration Fund	N.A.	151 Cr	7.52%	7.02%
LIC MF Liquid Fund	N.A.	11,403 Cr	6.58%	6.95%
LIC MF Low Duration Fund	N.A.	1,705 Cr	7.07%	6.88%
LIC MF Ultra Short Duration Fund	N.A.	217 Cr	6.54%	6.44%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Money Market Fund?

The current Net Asset Value (NAV) of the LIC MF Money Market Fund plan is approximately ₹1213.2075 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Money Market Fund is a 3 yrs 2 m old fund and has delivered average annual returns of 6.16% since inception.

LIC MF Money Market Fund Returns

1-Year	3-Year	Since Inception
6.66%	6.35%	6.16%

How much does this mutual fund charge as expense ratio?

The LIC MF Money Market Fund has an expense ratio of 0.49%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The LIC MF Money Market Fund currently has assets under management (AUM) or fund size valued at approximately 3,130 Cr as on Sep 30, 2025.

To whom does LIC MF Money Market Fund lend to?

The top 3 debt holdings of LIC MF Money Market Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	9.25%
Bank Of Baroda	9.2%
National Bank For Agriculture & Rural Development	7.73%

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 Money Market Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	91.80755592%
SOV	14.11055807%
Others	0.11827934%

What is risk level of LIC MF Money Market Fund?

This is a Money Market fund comes with Low to Moderate risk.

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

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

How can I redeem my investments in LIC MF Money Market Fund?

Redeeming your investments in the LIC MF Money Market Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.