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LIC MF SHORT TERM FUND

This product is suitable for investors who are seeking* :

Regular income over short term

Investment in Debt & Money Market Instruments such that the Macaulay Duration of the portfolio is between 3 months - 6 months

Risk - Moderately Low

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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum Application Amount Minimum of ?5,000/- and in multiples of ?1/- thereafter
Minimum Additional Amount (for subsequent investments under an existing folio) ?500 and in multiples of ?1 thereafter
Benchmark Index CRISIL Ultra Short Term Debt Index
Load Structure Entry Load: NA; Exit Load: NIL
Switch During NFO During the NFO period (Switch request will be accepted upto 3.00 p.m. on the last day of the NFO)
Special Products/facilities available during the NFO Systematic Investment Plan (SIP) and Switch In facility would be available during NFO
Asset Allocation Pattern
Instruments Indicative allocations (% of net assets) Risk Profile
Minimum Maximum High/Medium/Low
Debt & Money Market Instruments (including Triparty Repo) 0 100 Low to Medium
  • Debt Securities may include securitized debts up to 50% of the net assets.
  • The Scheme will invest in Debt, Money Market instruments, REITs & InvITs such that the Macaulay duration of the portfolio is between 3 months - 6 months.
  • The cumulative gross exposure through debt securities, money market securities/ instruments,REITs, and InvITs will not exceed 100% of the net assets of the Scheme.
  • A maximum of 10% of net assets may be deployed in REITs and InvITs and the maximum single issuer exposure may be restricted to 5% of net assets or upto the limits permitted by SEBI from time to time

  • The Scheme will not invest in repo transactions in corporate debt securities.

    Fund Manager Mr. Rahul Singh
    Plans Available Regular Plan & Direct Plan
    Options Available 1. Growth Option and 2. Dividend Option The Dividend option has the following facilities: (i) Daily (Dividend Reinvestment) (ii)Weekly (Dividend Payout & Reinvestment) (iii)Monthly (Dividend Payout & Reinvestment)
    Default Option: Growth Option
    Default Dividend sub option: Daily
    Default Facility: Dividend Reinvestment facility (between Dividend Reinvestment and Dividend Payout facility)
    Applicable NAV The NAV applicable for purchase or redemption or Switching of Units based on the time of the Business Day on which the application is time stamped.
    Risk Factors The value in the investments is bound to change with changes in the factors affecting the market viz. Changes in interest rates, exchange rates, price and volume fluctuations in debt markets, taxation, govt. policies, and other economic and political developments.For more details, investors are requested to refer Scheme Information Document (“SID”).
    Statutory Details: Sponsor: Life Insurance Corporation of India.
    Investment Manager: LIC Mutual Fund Asset Management Ltd. CIN: U67190MH1994PLC077858

    "*Mutual Fund investments are subject to market risks, read all scheme related documents carefully."