LIC MF Ultra Short Term Fund
The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
Growthvine rating: 1/5 — ranked #29 of 31 in category.
Fund basics
| Category | Debt: Ultra Short Duration |
|---|---|
| NAV | ₹1415.17 (as of 2026-09-16) |
| AUM | ₹678 Cr |
| Expense ratio | 1.19% |
| Riskometer | Low to Moderate |
| Fund manager | Pratik Harish Shroff |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.69% |
|---|---|
| Sharpe ratio | 1.27 |
| Standard deviation | 0.42% |
| Max drawdown | -1.32% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 83.2% of NIFTY Ultra Short Duration Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.2% | Q4 (Bottom) | #26 of 30 |
| 2025 | 6.4% | Q4 (Bottom) | #20 of 25 |
| 2024 | 6.9% | Q3 | #17 of 24 |
| 2023 | 5.9% | Q4 (Bottom) | #23 of 24 |
| 2022 | 4.2% | Q3 | #15 of 23 |