LIC MF Short Duration Fund Regular-Growth

Q: What are the returns of LIC MF Short Duration Fund?

The LIC MF Short Duration Fund is a 6 yrs 7 m old fund and has delivered average annual returns of 6.02% since inception. LIC MF Short Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 7.49% 6.66% 4.96% 6.02%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.6898+0.05% 1 day change	6.02% p.a.	App exclusive #NA View Ranked Funds	₹111 Cr

Historical NAV & returns

NAV: ₹14.6898 as on Sep 03, 2025

This fund Category average

LIC MF Short Duration Fund overview

Expense ratio	1.32% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹111 Cr
Lock-in Period	Nil
Age	6 yrs 7 m since Jan 11, 2019
Benchmark	CRISIL Short Duration Debt A-II 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 Short 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 01, 2025

Period	This fund	Category average
1 Month	-0.31%	-0.14%
3 Months	0.48%	0.68%
6 Months	4.09%	4.28%
1 Year	7.49%	7.91%
2 Years	7.31%	7.64%
3 Years	6.66%	7.22%
4 Years	5.28%	6.33%
5 Years	4.96%	6.06%

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

AAA 65.87824853%

SOV 27.17837016%

AA+ 4.54622277%

Cash & Call Money 2.03780611%

Top Debt Holdings

GOI 28.99%

Indian Bank 9.23%

Canara Bank 7.5%

Angel One Ltd. 5.64%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.15%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Short Duration Fund	N.A.	111 Cr	6 yrs 7 m	1.32%
ICICI Prudential Short Term Fund	N.A.	21,284 Cr	23 yrs 10 m	1.05%
UTI Short Duration Fund	N.A.	2,822 Cr	18 yrs	0.82%
Sundaram Short Duration Fund	N.A.	214 Cr	22 yrs 3 m	0.89%
Baroda BNP Paribas Short Duration Fund	N.A.	199 Cr	15 yrs 2 m	1.08%
Aditya Birla Sun Life Short Term Fund	N.A.	8,343 Cr	22 yrs 4 m	0.99%

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Short Duration Fund	-0.31%	4.09%	7.49%	6.66%	4.96%	N.A.
ICICI Prudential Short Term Fund	0.0%	4.52%	8.12%	7.63%	6.39%	7.5%
UTI Short Duration Fund	-0.07%	4.28%	7.84%	7.31%	6.92%	6.33%
Sundaram Short Duration Fund	-0.12%	4.14%	7.96%	7.26%	7.09%	6.25%
Baroda BNP Paribas Short Duration Fund	-0.16%	4.38%	8.0%	7.28%	5.73%	6.98%
Aditya Birla Sun Life Short Term Fund	-0.13%	4.36%	8.06%	7.31%	6.28%	7.37%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Short Duration Fund	1.14	2.9	0.13	0.2
ICICI Prudential Short Term Fund	0.79	1.78	1.36	2.39
UTI Short Duration Fund	0.93	2.33	0.82	1.52
Sundaram Short Duration Fund	1.05	2.57	0.66	1.22
Baroda BNP Paribas Short Duration Fund	1.07	2.72	0.7	1.35
Aditya Birla Sun Life Short Term Fund	1.0	2.44	0.76	1.29

View all Short Duration funds

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

Alpha	5.53 vs. 3.72 Higher outperformance against benchmark
Sharpe	0.13 vs. 3.75 Poor risk-adjusted returns
Beta	2.9 vs. 1.55 More sensitive to market's ups & downs
Standard deviation	1.14 vs. 1.06 More volatile performance

Compare LIC MF Short Duration Fund in detail with

About this fund

About LIC MF Short Duration Fund

LIC MF Short Duration Fund Regular-Growth is a Short Duration mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 6 yrs 7 m, having been launched on 11/01/2019. LIC MF Short Duration Fund Regular-Growth has ₹111 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 Short Duration Fund Regular-Growth as of 03/09/2025 is ₹14.69. The fund has an expense ratio of 1.32%, which is higher than what most other Short Duration funds charge.

LIC MF Short Duration Fund Regular-Growth returns of last 1-year are 7.52%. Since launch, it has delivered 5.78% average annual returns.
LIC MF Short Duration Fund Regular-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 below average.
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 GOI, Indian Bank, Canara Bank, Angel One Ltd., National Bank For Agriculture & Rural Development.

...

Fund AUM	111 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 seeks to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments.

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 Medium to Long Duration Fund	N.A.	191 Cr	6.61%	6.99%
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 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 Short Duration Fund?

The current Net Asset Value (NAV) of the LIC MF Short Duration Fund - Direct Growth plan is approximately ₹14.6898 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Short Duration Fund is a 6 yrs 7 m old fund and has delivered average annual returns of 6.02% since inception.

LIC MF Short Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.49%	6.66%	4.96%	6.02%

How much does this mutual fund charge as expense ratio?

The LIC MF Short Duration Fund - Direct Growth has an expense ratio of 1.32%, 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 Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 111 Cr as on Mar 31, 2025.

To whom does LIC MF Short Duration Fund lend to?

The top 3 debt holdings of LIC MF Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
GOI	28.99%
Indian Bank	9.23%
Canara Bank	7.5%

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 Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	65.87824853%
SOV	27.17837016%
AA+	4.54622277%

What is risk level of LIC MF Short Duration Fund?

This is a Short 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 Short Duration Fund?

LIC MF Short Duration Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 1.32% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.36%. That's 0.9600000000000001% 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 0.9600000000000001% if you opt for direct plan of LIC MF Short Duration Fund

How can I redeem my investments in LIC MF Short Duration Fund?

Redeeming your investments in LIC MF Short 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 Short 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 Short Duration

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.