LIC MF Money Market Fund
LIC MF Money Market Fund is a money market fund of LIC Mutual Fund Asset Management Limited with ₹4,611 cr under management. It is ahead of its benchmark (NIFTY Money Market Index A-I) in 1 of 2 periods. Its direct plan charges 0.16% a year.
What is LIC MF Money Market Fund invested in?
101% in debt, 4% in shares and -6% in cash, as of 30 Sep 2026.
Has LIC MF Money Market Fund beaten its benchmark?
Ahead of its benchmark, NIFTY Money Market Index A-I, in 1 of 2 periods in AMFI's figures; +6.64% over the last year against +6.51%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.51% | −3.60% | — |
| 3 months | +1.75% | −5.03% | — |
| 6 months | +3.37% | −1.83% | — |
| 1 year | +6.62% | −4.06% | +10.68 pts |
| 3 years | +6.81% | +9.27% | −2.46 pts |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 3 Aug 2022 | +6.62% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +6.64% | +6.37% | +6.51% | +0.13 | 🔒 |
| 3y | +6.80% | +6.43% | +7.11% | −0.31 | 🔒 |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Aug 2022 to 14 Oct 2026₹100 put in at the start of Aug 2022 would be ₹130 on 14 Oct 2026, against ₹149 in the Nifty 500 TRI.
What does LIC MF Money Market Fund cost?
0.16% a year on the direct plan, 0.38% on the regular plan; 7 of 27 funds in its category charge less.
Who manages LIC MF Money Market Fund?
Questions people ask
What is the expense ratio of LIC MF Money Market Fund?
0.16% a year on the direct plan and 0.38% on the regular plan (expense report, Oct 2026).
How has LIC MF Money Market Fund done?
Its direct plan returned +6.80% a year over 3 years against +7.11% for its benchmark, NIFTY Money Market Index A-I, as of 13 Oct 2026.




