Should I invest in LIC MF Ultra Short Duration Fund-Monthly IDCW?

We don't give personal investment advice. LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.1%. 5-year CAGR: 6.02%.

LIC

LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW

Latest NAV

₹1,427.6881

As of

3 Jun 2026

1,576 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	+0.00%	+0.01	62 / 102	Q3
1W	+0.22%	-1.81%	+2.03	14 / 104	Q1
2W	+0.25%	+0.12%	+0.13	11 / 102	Q1
1M	+0.37%	+0.20%	+0.17	11 / 102	Q1
3M	+1.58%	+0.79%	+0.80	15 / 102	Q1
6M	+2.97%	+1.31%	+1.66	17 / 99	Q1
YTD	+2.51%	+1.32%	+1.19	15 / 100	Q1
1Y	+6.21%	-1.59%	+7.79	21 / 103	Q1
2Y	+7.02%	-1.79%	+8.81	20 / 99	Q1
3Y	+6.99%	+2.26%	+4.73	20 / 95	Q1
4Y	+6.72%	+2.16%	+4.56	18 / 90	Q1
5Y	+6.02%	+2.02%	+4.00	19 / 89	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.60%	-2.03%	+7.63	15 / 106	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.51%	+0.69%	+1.82	4 / 80
2025	+7.11%	+1.97%	+5.14	16 / 80
2024	+7.60%	+2.28%	+5.33	13 / 80
2023	+6.38%	+2.52%	+3.85	24 / 78
2022	+4.43%	+1.51%	+2.92	18 / 86
2021	+3.36%	-3.45%	+6.81	17 / 82
2020	+4.54%	+0.98%	+3.57	18 / 85
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.63%

68 windows

min 3.3% · max 8.0%

100% positive

3-Year rolling

+5.71%

43 windows

min 4.1% · max 7.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+5.63%

19 windows

min 5.2% · max 6.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.33%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.07%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Ultra Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Ultra Short Term Fund - Direct Plan-Daily IDCW Option	HDFC	₹10.0920	3 Jun 2026
NIPPON INDIA ULTRA SHORT DURATION FUND - DIRECT Plan - DAILY IDCW OPTION	Nippon India	₹1,114.1500	3 Jun 2026
SBI Ultra Short Duration Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹2,399.9423	3 Jun 2026
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.7924	3 Jun 2026
Invesco India Ultra Short Duration Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹2,168.5662	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - DIRECT PLAN -MONTHLY IDCW	Bandhan	₹10.0561	3 Jun 2026
Aditya Birla Sun Life Savings Fund-DIRECT - DAILY IDCW	Aditya Birla Sun Life	₹100.1187	3 Jun 2026
Motilal Oswal Ultra Short Term Fund Direct - IDCW Daily Reinvestment	Motilal Oswal	₹11.7326	3 Jun 2026
Franklin India Ultra Short Duration Fund - Direct - IDCW	Franklin India	₹10.7529	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Direct IDCW	Mirae Asset	₹1,398.5715	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,427.6881
2 Jun 2026	₹1,427.4318
1 Jun 2026	₹1,426.9273
29 May 2026	₹1,425.7163
27 May 2026	₹1,424.5331
26 May 2026	₹1,424.1482
25 May 2026	₹1,424.1606
22 May 2026	₹1,423.5391
21 May 2026	₹1,423.5468
20 May 2026	₹1,424.1548

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW is ₹1,427.6881. It's a Ultra Short Duration Fund from LIC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW has NAV history starting from 28 Nov 2019, a track record of about 6 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW is managed by LIC. It's classified by AMFI under the 'Ultra Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW has delivered a absolute return of 6.21% — +7.79 pp ahead of the Ultra Short Duration Fund category average of -1.59%. The fund ranks #21 of 103 in its category — the top (Q1) quartile.

Over the trailing 3-year window, LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW has delivered a CAGR of 6.99% — +4.73 pp ahead of the Ultra Short Duration Fund category average of 2.26%. The fund ranks #20 of 95 in its category — the top (Q1) quartile.

Over the trailing 5-year window, LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW has delivered a CAGR of 6.02% — +4 pp ahead of the Ultra Short Duration Fund category average of 2.02%. The fund ranks #19 of 89 in its category — the top (Q1) quartile.

₹1 lakh invested in LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW exactly 5 years ago would be worth approximately ₹133,956 today — a multiplier of 1.34×, based on the 5-year CAGR of 6.02%. The category average over the same window would have grown ₹1 lakh to ₹110,527.

A ₹10,000 monthly SIP in LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹709,824 today. That's an XIRR (money-weighted annualised return) of 6.65%.

LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹709,824 — XIRR 6.65%.

On a 5-year basis, LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW ranks #19 out of 89 funds in the Ultra Short Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.02%; this fund delivered 6.02%.

The worst peak-to-trough decline LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW has experienced over the last 5-year window is 0.14% — its NAV fell from a high on 02 May 2022 to a low on 11 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW averaged 5.63% (best 6.02%, worst 5.24%). 100% of rolling windows ended positive.

In calendar year 2025, LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW returned 7.11% — beating the Ultra Short Duration Fund category average of 1.97% by 5.14 pp. It ranked #16 of 80 in its category that year.

LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.1%. 5-year CAGR: 6.02%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Ultra Short Duration Fund

Recent NAVs

Frequently asked questions

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