LIC Money Market Fund
The scheme seeks to generate income through investment in a portfolio comprising of money market instruments.
Growthvine rating: 2/5 — ranked #15 of 27 in category.
Fund basics
| Category | Debt: Money Market |
|---|---|
| NAV | ₹1276.74 (as of 2026-08-21) |
| AUM | ₹4,332 Cr |
| Expense ratio | 0.33% |
| Riskometer | Low to Moderate |
| Fund manager | Pratik Harish Shroff |
| Exit load | 0 |
Performance & risk
| Sharpe ratio | 0.99 |
|---|---|
| Standard deviation | 0.49% |
| Max drawdown | -0.10% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 86.8% of NIFTY Money Market 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) | 4.0% | Q2 | #9 of 26 |
| 2025 | 6.8% | Q4 (Bottom) | #23 of 24 |
| 2024 | 6.1% | Q4 (Bottom) | #24 of 24 |
| 2023 | 6.2% | Q4 (Bottom) | #21 of 22 |