Debt · Ultra Short Term Fun

LIC MF Ultra Short Term Fund

LIC Mutual Fund Asset Management Limited

Benchmark

CRISIL Ultra Short Duration Debt A-I Index

Riskometer

Low to Moderate

Size

₹1,482 cr

Allotted

27 Nov 2019

Holdings as of

30 Sep 2026

LIC MF Ultra Short Term Fund is a ultra short term fun fund of LIC Mutual Fund Asset Management Limited with ₹1,482 cr under management. It is ahead of its benchmark (CRISIL Ultra Short Duration Debt A-I Index) in 2 of 3 periods. Its direct plan charges 0.25% a year. Rahul Singh has managed it for 6.9 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is LIC MF Ultra Short Term Fund invested in?

78% in debt, 21% in shares and 1% in cash, as of 30 Sep 2026.

Equity20.8%Debt77.7%Cash1.4%Other0.1%

Holdings as of 30 Sep 2026

Has LIC MF Ultra Short Term Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Ultra Short Duration Debt A-I Index, in 2 of 3 periods in AMFI's figures; +6.76% over the last year against +6.38%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.56%	−3.60%	—
3 months	+1.77%	−5.03%	—
6 months	+3.47%	−1.83%	—
1 year	+6.74%	−4.06%	+10.80 pts
3 years	+7.25%	+9.27%	−2.02 pts
5 years	+6.36%	+8.00%	−1.64 pts
10 years	—	+12.69%	—
Since start from 28 Nov 2019	+5.73%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (CRISIL Ultra Short Duration Debt A-I Index) in 2 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.76%	+5.78%	+6.38%	+0.38	🔒
3y	+7.24%	+6.41%	+7.06%	+0.18	🔒
5y	+6.46%	+5.88%	+6.56%	−0.10	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Ultra Short Term Fun funds, and how steady the lead is, in the app

Value of 100, month-end

Nov 2019 to 14 Oct 2026

Fund 147Nifty 500 TRI 241

₹100 put in at the start of Nov 2019 would be ₹147 on 14 Oct 2026, against ₹241 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does LIC MF Ultra Short Term Fund cost?

0.25% a year on the direct plan, 1.38% on the regular plan; 5 of 23 funds in its category charge less.

Direct plan

0.25% a year

Category median 0.30%

Regular plan

1.38% a year

Category median 0.82%

Gap

1.13 points

for the same holdings

5 of 23 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Ultra Short Term Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages LIC MF Ultra Short Term Fund?

Rahul Singh, since 27 Nov 2019; Pratik Harish Shroff, since 27 Nov 2019.

Rahul Singh

6.9 years

since 27 Nov 2019

Pratik Harish Shroff

6.9 years

since 27 Nov 2019

Benchmark as filedCRISIL Ultra Short Duration Debt A-I Index

Exit load

Nil

From 2 Scheme Summary Documents filed with NSE, first on 31 Aug 2026; as on 31 Aug 2026

Questions people ask

Who manages LIC MF Ultra Short Term Fund?

Rahul Singh (manager) since 27 Nov 2019; Pratik Harish Shroff (manager) since 27 Nov 2019.

What is the expense ratio of LIC MF Ultra Short Term Fund?

0.25% a year on the direct plan and 1.38% on the regular plan (expense report, Oct 2026).

How has LIC MF Ultra Short Term Fund done?

Its direct plan returned +7.24% a year over 3 years against +7.06% for its benchmark, CRISIL Ultra Short Duration Debt A-I Index, as of 13 Oct 2026.