Should I invest in LIC MF Ultra Short Duration Fund?

We don't give personal investment advice. LIC MF Ultra Short Duration Fund-Regular Plan-Growth 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: 5.49%.

LIC

LIC MF Ultra Short Duration Fund-Regular Plan-Growth

Latest NAV

₹1,387.5299

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	+0.01%	+0.02%	-0.01	12 / 13	Q4
1W	+0.20%	+0.19%	+0.01	8 / 13	Q3
2W	+0.20%	+0.18%	+0.02	4 / 13	Q2
1M	+0.28%	+0.28%	0.00	6 / 13	Q2
3M	+1.31%	+1.34%	-0.03	10 / 13	Q4
6M	+2.55%	+2.56%	-0.01	9 / 13	Q3
YTD	+2.15%	+2.05%	+0.09	8 / 13	Q3
1Y	+5.40%	+5.48%	-0.07	10 / 13	Q4
2Y	+6.24%	+6.29%	-0.04	9 / 13	Q3
3Y	+6.26%	+6.62%	-0.36	11 / 13	Q4
4Y	+6.11%	+6.45%	-0.34	11 / 13	Q4
5Y	+5.49%	+5.79%	-0.29	11 / 13	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.14%	+5.75%	-0.61	12 / 13	Q4

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	+2.15%	+2.21%	-0.06	8 / 12
2025	+6.36%	+6.58%	-0.22	9 / 12
2024	+6.85%	+7.04%	-0.19	9 / 12
2023	+5.94%	+6.60%	-0.67	11 / 12
2022	+4.22%	+3.92%	+0.30	6 / 13
2021	+3.16%	+3.28%	-0.12	9 / 12
2020	+4.28%	+4.97%	-0.69	9 / 10
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

+5.18%

68 windows

min 3.1% · max 7.2%

100% positive

3-Year rolling

+5.28%

43 windows

min 3.9% · max 6.5%

100% positive

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

5-Year rolling

+5.20%

19 windows

min 4.9% · max 5.5%

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

-0.08%

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
Invesco India Ultra Short Duration Fund - Regular Plan - Growth	Invesco	₹2,839.8271	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN GROWTH	Bandhan	₹16.0457	3 Jun 2026
Motilal Oswal Ultra Short Term Fund (MOFUSTF)-Regular Plan- Growth	Motilal Oswal	₹17.2295	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Regular Growth	Mirae Asset	₹1,380.8494	3 Jun 2026
HSBC Ultra Short Duration Fund - Regular Growth	HSBC	₹1,428.3776	3 Jun 2026
Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth	Baroda BNP Paribas	₹1,627.5671	3 Jun 2026
Axis Ultra Short Duration Fund - Regular Plan Growth	Axis	₹15.4712	3 Jun 2026
ITI Ultra Short Duration Fund - Regular Plan - Growth Option	ITI	₹1,297.5221	3 Jun 2026
Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth	Mahindra Manulife	₹1,449.9287	3 Jun 2026
Tata Ultra Short Term Fund-Regular Plan-Growth	Tata	₹14.9109	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,387.5299
2 Jun 2026	₹1,387.3236
1 Jun 2026	₹1,386.8754
29 May 2026	₹1,385.8269
27 May 2026	₹1,384.7623
26 May 2026	₹1,384.4309
25 May 2026	₹1,384.4857
22 May 2026	₹1,384.0097
21 May 2026	₹1,384.0599
20 May 2026	₹1,384.6938

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-Regular Plan-Growth is ₹1,387.5299. It's a Ultra Short Duration Fund from LIC, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

LIC MF Ultra Short Duration Fund-Regular Plan-Growth 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-Regular Plan-Growth 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-Regular Plan-Growth has delivered a absolute return of 5.40% — -0.07 pp behind the Ultra Short Duration Fund category average of 5.48%. The fund ranks #10 of 13 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, LIC MF Ultra Short Duration Fund-Regular Plan-Growth has delivered a CAGR of 6.26% — -0.36 pp behind the Ultra Short Duration Fund category average of 6.62%. The fund ranks #11 of 13 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, LIC MF Ultra Short Duration Fund-Regular Plan-Growth has delivered a CAGR of 5.49% — -0.29 pp behind the Ultra Short Duration Fund category average of 5.79%. The fund ranks #11 of 13 in its category — the bottom (Q4) quartile.

₹1 lakh invested in LIC MF Ultra Short Duration Fund-Regular Plan-Growth exactly 5 years ago would be worth approximately ₹130,664 today — a multiplier of 1.31×, based on the 5-year CAGR of 5.49%. The category average over the same window would have grown ₹1 lakh to ₹132,482.

A ₹10,000 monthly SIP in LIC MF Ultra Short Duration Fund-Regular Plan-Growth over the last 5 years — total invested ₹600,000 — would be worth ₹698,159 today. That's an XIRR (money-weighted annualised return) of 5.99%.

LIC MF Ultra Short Duration Fund-Regular Plan-Growth doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹698,159 — XIRR 5.99%.

On a 5-year basis, LIC MF Ultra Short Duration Fund-Regular Plan-Growth ranks #11 out of 13 funds in the Ultra Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 5.79%; this fund delivered 5.49%.

The worst peak-to-trough decline LIC MF Ultra Short Duration Fund-Regular Plan-Growth has experienced over the last 5-year window is 0.15% — 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-Regular Plan-Growth averaged 5.20% (best 5.49%, worst 4.88%). 100% of rolling windows ended positive.

In calendar year 2025, LIC MF Ultra Short Duration Fund-Regular Plan-Growth returned 6.36% — lagging the Ultra Short Duration Fund category average of 6.58% by 0.22 pp. It ranked #9 of 12 in its category that year.

LIC MF Ultra Short Duration Fund-Regular Plan-Growth 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-Regular Plan-Growth 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: 5.49%.

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-Regular Plan-Growth

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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