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-Regular 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: 5.50%.

LIC

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

Latest NAV

₹1,387.7417

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%	-0.01%	+0.02	40 / 68	Q3
1W	+0.20%	+0.09%	+0.11	10 / 68	Q1
2W	+0.20%	+0.08%	+0.13	5 / 68	Q1
1M	+0.28%	+0.10%	+0.17	10 / 68	Q1
3M	+1.31%	+0.66%	+0.65	17 / 68	Q1
6M	+2.55%	+1.06%	+1.49	17 / 68	Q1
YTD	+2.15%	+1.03%	+1.12	14 / 68	Q1
1Y	+5.40%	+1.67%	+3.74	12 / 68	Q1
2Y	+6.24%	+1.71%	+4.54	11 / 68	Q1
3Y	+6.26%	+1.73%	+4.54	11 / 67	Q1
4Y	+6.11%	+1.82%	+4.29	11 / 63	Q1
5Y	+5.50%	+1.74%	+3.76	11 / 61	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.14%	+1.56%	+3.58	11 / 68	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	+2.15%	+0.62%	+1.52	9 / 58
2025	+6.36%	+1.68%	+4.68	11 / 58
2024	+6.85%	+2.18%	+4.67	10 / 59
2023	+5.95%	+2.14%	+3.81	14 / 60
2022	+4.22%	+1.48%	+2.73	4 / 58
2021	+3.16%	+0.94%	+2.21	2 / 51
2020	+4.28%	+1.79%	+2.49	18 / 54
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

+5.29%

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 - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,135.0363	3 Jun 2026
BANDHAN ULTRA SHORT DURATION FUND - REGULAR PLAN DAILY IDCW	Bandhan	₹10.0519	3 Jun 2026
Motilal Oswal Ultra Short Term Fund Regular - IDCW Daily Reinvestment	Motilal Oswal	₹11.4495	3 Jun 2026
Mirae Asset Ultra Short Duration Fund Regular IDCW	Mirae Asset	₹1,380.3485	3 Jun 2026
DSP BlackRock Money Manager Fund - Regular Plan - Daily Dividend Reinvest	DSP BlackRock	₹1,005.4914	3 Jun 2026
DSP Ultra Short Fund - Regular Plan - IDCW - Monthly	DSP	₹1,079.6373	3 Jun 2026
HSBC Ultra Short Duration Fund - Regular Daily IDCW	HSBC	₹1,031.7278	3 Jun 2026
Baroda BNP Paribas Ultra Short Duratio Fund- Regular Plan- Weekly IDCW	Baroda BNP Paribas	₹1,000.1417	3 Jun 2026
CANARA ROBECO ULTRA SHORT TERM FUND - REGULAR PLAN - MONTHLY IDCW (Payout/Reinvestment)	Canara Robeco	₹1,001.8780	3 Jun 2026
UTI Ultra Short Duration Fund - Regular Plan - Annual IDCW	UTI	₹1,458.4141	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,387.7417
2 Jun 2026	₹1,387.5354
1 Jun 2026	₹1,387.0871
29 May 2026	₹1,386.0382
27 May 2026	₹1,384.9734
26 May 2026	₹1,384.6419
25 May 2026	₹1,384.6965
22 May 2026	₹1,384.2204
21 May 2026	₹1,384.2706
20 May 2026	₹1,384.9045

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-Monthly IDCW is ₹1,387.7417. It's a Ultra Short Duration Fund from LIC, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

LIC MF Ultra Short Duration Fund-Regular 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-Regular 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-Regular Plan-Monthly IDCW has delivered a absolute return of 5.40% — +3.74 pp ahead of the Ultra Short Duration Fund category average of 1.67%. The fund ranks #12 of 68 in its category — the top (Q1) quartile.

Over the trailing 3-year window, LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW has delivered a CAGR of 6.26% — +4.54 pp ahead of the Ultra Short Duration Fund category average of 1.73%. The fund ranks #11 of 67 in its category — the top (Q1) quartile.

Over the trailing 5-year window, LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW has delivered a CAGR of 5.50% — +3.76 pp ahead of the Ultra Short Duration Fund category average of 1.74%. The fund ranks #11 of 61 in its category — the top (Q1) quartile.

₹1 lakh invested in LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW exactly 5 years ago would be worth approximately ₹130,684 today — a multiplier of 1.31×, based on the 5-year CAGR of 5.50%. The category average over the same window would have grown ₹1 lakh to ₹109,017.

A ₹10,000 monthly SIP in LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹698,197 today. That's an XIRR (money-weighted annualised return) of 6.00%.

LIC MF Ultra Short Duration Fund-Regular 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 ₹698,197 — XIRR 6.00%.

On a 5-year basis, LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW ranks #11 out of 61 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 1.74%; this fund delivered 5.50%.

The worst peak-to-trough decline LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW 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-Monthly IDCW averaged 5.20% (best 5.50%, worst 4.88%). 100% of rolling windows ended positive.

In calendar year 2025, LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW returned 6.36% — beating the Ultra Short Duration Fund category average of 1.68% by 4.68 pp. It ranked #11 of 58 in its category that year.

LIC MF Ultra Short Duration Fund-Regular 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-Regular 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: 5.50%.

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-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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