LIC MF Low Duration Fund
NAV history
Scorecard
★★★★★5/5 vs 71 of 76 Low Duration Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Low Duration Fund (same plan and option). 71 of the 76 Low Duration Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +7.37% · ranks 2 of 76 Low Duration Funds
Volatility 0.5% vs 1.5% category avg
0.2% expense vs 0.4% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Low Duration Fund average on 3M/6M/1Y — 1Y by 4.99pp
- 3-year return (+7.37%) beats the Low Duration Fund average (+1.90%)
- 5-year return (+6.46%) beats the Low Duration Fund average (+1.91%)
- Ranks #4 of 76 on 1-year return in its Low Duration Fund cohort
- Less volatile than its Low Duration Fund peers (0.5% vs 1.5%)
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Low Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Low Duration Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.59% | +0.11% | +0.48% |
| 3M abs | +2.11% | +0.59% | +1.52% |
| 6M abs | +3.33% | +0.52% | +2.81% |
| 1Y CAGR | +6.41% | +1.42% | +4.99% |
| 3Y CAGR | +7.37% | +1.90% | +5.47% |
| 5Y CAGR | +6.46% | +1.91% | +4.55% |
Category average across peers in Low Duration Fund (up to 76 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 76 peers in Low Duration Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
152 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -6.2%10 May 2019 → 04 Jun 2019
Fell over 25 days, back to the old high on 30 Oct 2019 — 5 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +4.08% | |
| 2025 | +7.60% | |
| 2024 | +7.87% | |
| 2023 | +7.17% | |
| 2022 | +4.39% | |
| 2021 | +4.29% | |
| 2020 | +7.55% | |
| 2019 | +4.02% | |
| 2018 | +7.62% | |
| 2017 | +7.07% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIDown +12% from its peak of ₹1,887Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into LIC MF Low Duration Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Debt funds
Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of LIC MF Low Duration Fund?
As of 20 Aug 2026, the NAV of LIC MF Low Duration Fund is ₹24.07 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has LIC MF Low Duration Fund delivered?
LIC MF Low Duration Fund has returned +6.41% over 1 year, +7.37% per year over 3 years, +6.46% per year over 5 years and +6.61% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of LIC MF Low Duration Fund?
LIC MF Low Duration Fund charges an expense ratio of 0.24% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of LIC MF Low Duration Fund?
Its largest holdings are GOVERNMENT OF INDIA 37391 091 DAYS TBILL 23JL26 FV RS 100 (5.8%), PUNJAB NATIONAL BANK CD 09MAR27 (5.6%), REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC (4.5%), ICICI BANK LIMITED CD 27JAN27 (3.4%) and 360 ONE PRIME LIMITED 8.75 NCD 10SP27 FVRS1LAC (3.1%). Holdings are disclosed monthly and change over time.
How risky is LIC MF Low Duration Fund?
It is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.5% and its worst peak-to-trough fall in our sample was -6.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of LIC MF Low Duration Fund?
LIC MF Low Duration Fund is benchmarked against the CRISIL Low Duration Debt A-I Index. Its alpha and beta on this page are measured against that index.
Who manages LIC MF Low Duration Fund?
LIC MF Low Duration Fund is managed by Pratik Harish Shroff and Rahul Singh at LIC.
How is LIC MF Low Duration Fund taxed?
LIC MF Low Duration Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.