LIC MF Medium to Long Duration Fund
LIC Mutual Fund · Best Medium to Long Duration Mutual Funds
This is the Regular plan of LIC MF Medium to Long Duration Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed once a year, which is why this NAV sits below the growth plan of the same fund.
NAV history
Scorecard
★★★★★5/5 vs 32 of 31 Medium to Long 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 Medium to Long Duration Fund (same plan and option). 32 of the 31 Medium to Long Duration Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.67% · ranks 1 of 31 Medium to Long Duration Funds
Volatility 1.9% vs 3.4% category avg
0.6% expense vs 1.5% 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 Medium to Long Duration Fund average on 3M/6M/1Y — 1Y by 2.05pp
- 3-year return (+6.67%) beats the Medium to Long Duration Fund average (+3.31%)
- Ranks #6 of 31 on 1-year return in its Medium to Long Duration Fund cohort
- Less volatile than its Medium to Long Duration Fund peers (1.9% vs 3.4%)
- Low expense ratio (0.62%) vs the Medium to Long Duration Fund average of 1.49%
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 Medium to Long 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 (Medium to Long Duration Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.26% | +0.21% | +0.05% |
| 3M abs | +3.01% | +2.23% | +0.78% |
| 6M abs | +2.88% | +1.52% | +1.36% |
| 1Y CAGR | +4.51% | +2.46% | +2.05% |
| 3Y CAGR | +6.67% | +3.31% | +3.36% |
| 5Y CAGR | — | +3.29% | — |
Category average across peers in Medium to Long Duration Fund (up to 31 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 31 peers in Medium to Long Duration Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
25 overlapping 1Y windows, sampled monthly across the fund’s history.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into LIC MF Medium to Long Duration Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.23% | |
| 2025 | +6.14% | |
| 2024 | +9.00% | |
| 2023part | +1.74% |
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.
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.
Fund size over time
Quarterly average AUM · AMFIDown +7% from its peak of ₹198.85Cr 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.
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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 Medium to Long Duration Fund?
As of 20 Aug 2026, the NAV of LIC MF Medium to Long Duration Fund is ₹16.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has LIC MF Medium to Long Duration Fund delivered?
LIC MF Medium to Long Duration Fund has returned +4.51% over 1 year, +6.67% per year over 3 years and +6.58% 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 Medium to Long Duration Fund?
LIC MF Medium to Long Duration Fund charges an expense ratio of 0.62% 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 Medium to Long Duration Fund?
Its largest holdings are GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 (13.4%), STATE DEVELOPMENT LOAN 31681 GUJ 01JU31 7.77 FV RS 100 (11.7%), GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100 (11.3%), GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 (9.0%) and NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC (6.0%). Holdings are disclosed monthly and change over time.
How risky is LIC MF Medium to Long Duration Fund?
It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.9% and its worst peak-to-trough fall in our sample was -1.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.09 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. LIC MF Medium to Long Duration Fund's 0.09 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of LIC MF Medium to Long Duration Fund?
LIC MF Medium to Long Duration Fund is benchmarked against the CRISIL Medium to Long Duration Debt A-III Index. Its alpha and beta on this page are measured against that index.
Who manages LIC MF Medium to Long Duration Fund?
LIC MF Medium to Long Duration Fund is managed by Pratik Harish Shroff and Rahul Singh at LIC.
How is LIC MF Medium to Long Duration Fund taxed?
LIC MF Medium to Long 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.