Markets / Mutual funds / Short Duration
LIC Mutual Fund · Debt fund · Direct plan · IDCW
The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Bars: this plan; the thin mark is the Short Duration average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.4 | |||||||||||
| 2025 | +0.8 | +0.5 | +1.1 | +1.4 | +1.3 | +0.1 | +0.7 | -0.1 | +0.7 | +0.7 | +0.6 | +0.1 |
| 2026 | +0.1 | +0.9 | -0.5 | +0.7 | +0.2 | +1.9 | +0.3 | +0.1 | +0.3 | -0.2 | +0.6 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 31 Oct 2026 | 30 Sept 2026 | Change |
|---|---|---|---|
| Debt | 80.8% | 83.8% | -3.00 |
| Money market | 12.2% | 12.0% | +0.25 |
| Cash & others | 6.3% | 3.6% | +2.75 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| SBI CDMDF--A2 INF0RQ622028 | 0.62% |
| Holding | % of fund |
|---|---|
| 7.45% Bharti Telecom Ltd. ** INE403D08280 | 8.71% |
| 7.65% State Government of Karnataka IN1920170090 | 8.68% |
| 7.49% National Highways Authority of India ** INE906B07HG7 | 8.43% |
| 6.61% Power Finance Corporation Ltd. ** INE134E08NS1 | 8.41% |
| 7.48% National Bk for Agriculture & Rural Dev. ** INE261F08EO7 | 8.33% |
| 7.34% Small Industries Development Bk of India ** INE556F08KS8 | 8.27% |
| HDFC Bank Ltd. ** # INE040A16IU7 | 8.16% |
| Treps | 5.87% |
| 8.1% Aditya Birla Housing Finance Ltd. ** INE831R07359 | 4.33% |
| 8.95% 360 One Prime Ltd. ** INE248U07FW5 | 4.33% |
| 7.37% Indian Railway Finance Corporation Ltd. ** INE053F08411 | 4.27% |
| 8.14% Nuclear Power Corporation ** INE206D08303 | 4.24% |
| 8.13% Nuclear Power Corporation ** INE206D08378 | 4.22% |
| 6.94% Government of India IN0020260025 | 4.19% |
| 6.78% State Government of Maharashtra IN2220210073 | 4.14% |
| Punjab National Bank ** # INE160A16UV6 | 4.07% |
| Net Receivables / (Payables) | 0.47% |
| Government of India IN000430C032 | 0.27% |
From the fund house's monthly portfolio (licmf.com), as on 31 Oct 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Jul 2023).
The ranges the fund is allowed to hold, not what it holds today.
| Fund size (average AUM, July - September 2026) | ₹127 cr across all plans · this plan ₹0.03 cr |
| Fund house | LIC Mutual Fund |
| Category | Debt · Short Duration |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 0.36% · Regular 1.14% (5 Nov 2026) |
| Minimum investment | ₹5,000 · additional ₹500 |
| Scheme code (AMFI) | 151959 |
| ISIN | INF397L01BH1 |
| NAV date | 6 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹16.7398 | +4.89% |
| Direct · IDCW | ₹16.7398 | +4.89% |
| Direct · IDCW | ₹16.7394 | +4.90% |
| Regular · Growth | ₹15.4908 | +4.03% |
| Regular · IDCW | ₹15.4908 | +4.03% |
| Regular · IDCW | ₹14.9884 | +0.66% |
| Regular · IDCW | ₹12.8281 | +0.13% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Bandhan Short Term Fund | +5.68% | +7.68% |
| ICICI Prudential Short Term Fund | +5.55% | +7.68% |
| Mahindra Manulife Short Term Fund | +5.38% | +7.68% |
| Nippon India Short Term Fund | +4.90% | +7.61% |
| Aditya Birla Sun Life Short Term Fund | +4.96% | +7.57% |
| Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios) | +4.95% | +7.44% |
| LIC MF Short Term Fund | +4.89% | +7.43% |
| HDFC Short Term Fund | +4.78% | +7.41% |
Information only, not investment advice.
₹16.7374 as of 6 Nov 2026, from AMFI's official NAV data.
1 year: 4.89%, 3 years: 7.43% a year
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.