LIC MF Money Market Fund (G)


Money Market Fund
  • NAV 1116.19 (0.02%)
  • Fund Size (Cr) ₹20.79
  • Expense Ratio 1.02
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹300
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 5.99%

Basic Details

Scheme Manager
Rahul Singh
Bench Mark
NIFTY Money Market Index A-I
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 14-Jun-24
  • 10011.19
  • 0.11%
  • -
  • 0.13%
  • 172/188
  • 1 Month
  • 21-May-24
  • 10047.96
  • 0.48%
  • -
  • 0.57%
  • 173/188
  • 3 Month
  • 21-Mar-24
  • 10155.13
  • 1.55%
  • -
  • 2.97%
  • 176/186
  • 6 Month
  • 21-Dec-23
  • 10317.84
  • 3.18%
  • -
  • 4.83%
  • 174/185
  • 1 Year
  • 21-Jun-23
  • 10640.22
  • 6.40%
  • 6.40%
  • 8.40%
  • 163/176
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 01-Aug-22
  • 11161.88
  • 11.62%
  • 5.99%
  • 6.33%
  • 131/188

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 123882.36
  • 3.24%
  • 3.24%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Expected Returns Rate

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  • Invested Amount

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  • Estimated Returns

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    0.08%
  • Beta
    0.01%
  • Sharpe Ratio
    -3.07%
  • Treynor’s Ratio
    19.25%
  • Jension’s Alpha
    -0.92%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TBILL-182D
  • 26.95%
  • 500000
  • 4.92
  • T Bills
  • T Bills
  • TREPS
  • 71.25%
  • 0
  • 13.01
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 0.7%
  • 0
  • 0.13
  • Net CA & Others
  • Debt Others
  • SBI CDMDF-A2
  • 1.10%
  • 195
  • 0.20
  • Alternative Investment Fund (AIF)
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • ICICI Pru Money Market Fund - Direct (IDCW-D)
  • Stars
  • 22485.24
  • 0.62%
  • 103.88%
  • 107.86%
  • 115.18%
  • 33.60%
  • Bandhan Money Manager Fund - Direct (IDCW-D)
  • Stars
  • 5068.9
  • 0.63%
  • 1.96%
  • 3.93%
  • 9.38%
  • 6.55%
  • Aditya Birla SL Money Manager Fund - Dir (IDCW-W)
  • Stars
  • 23737.6
  • 0.62%
  • 3.03%
  • 5.57%
  • 9.06%
  • 7.00%
  • Kotak Money Market Fund - Direct (IDCW-M)
  • Stars
  • 20244.6
  • 0.62%
  • 3.40%
  • 4.70%
  • 8.36%
  • 6.32%
  • UTI-Money Market Fund - Direct (IDCW-W)
  • Stars
  • 14121.21
  • 0.62%
  • 1.96%
  • 5.33%
  • 8.26%
  • 6.37%

News

  • LIC Mutual Fund Announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme LIC Mutual Fund has announced 25 June 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    LIC MF Aggressive Hybrid Fund ? Regular Plan - IDCW Option: 0.10

    Powered by Capital Market - Live News

  • LIC MF Announces change in fund manager under its schemes LIC Mutual Fund has announced that the Fund Management responsibilities of the following Schemes of LIC Mutual Fund are being changed with effect from June 01, 2024:

    Change in Fund Management Responsibilities:

    Scheme Name Existing Fund Manager New Fund Manager
    LIC MF Gold Exchange Traded Fund Mr. Yash Dhoot Mr. Sumit Bhatnagar
    LIC MF Gold ETF Fund of Fund Mr. Yash Dhoot Mr. Sumit Bhatnagar

    Powered by Capital Market - Live News

  • LIC Mutual Fund Announces Resignation of Key Personnel LIC Mutual Fund has announced that Mr. Yash Dhoot, has resigned from the Fund Manager the Board of LIC Mutual Fund Asset Management Private Limited with effect from 31 May 2024.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 28-Jul-2022
  • Total AUM (Cr) ₹18.25

LIC MF Money Market Fund (G) is an Money Market Fund-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in Jul 2022, this fund is managed by Rahul Singh. With assets under management (AUM) worth ₹18.25 (Cr), as of 21-Jun-2024, LIC MF Money Market Fund (G) is categorized as a Money Market Fund within its segment. The fund has generated a return of 5.99% since its launch.
The current NAV of LIC MF Money Market Fund (G) is ₹1116.19, as on 21-Jun-2024. The fund’s benchmark index is NIFTY Money Market Index A-I. You can invest in LIC MF Money Market Fund (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹300 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 98.2% in Debt and 1.8% in cash and cash equivalents

FAQs on LIC MF Money Market Fund (G)

LIC MF Money Market Fund (G) is a popular fund in the Money Market Fund segment. The fund has generated a return of 5.99% since inception. Looking to invest in LIC MF Money Market Fund (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in LIC MF Money Market Fund (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, LIC MF Money Market Fund (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in LIC MF Money Market Fund (G) today and reap the benefits of this Money Market Fund fund!

In the short term, i.e., 1 year, LIC MF Money Market Fund (G) has generated annualised return of 6.40%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 5.99% returns.

The expense ratio of LIC MF Money Market Fund (G) Direct Growth is 1.02%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of LIC MF Money Market Fund (G) is ₹18.25 (Cr) as of 21 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of LIC MF Money Market Fund (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from LIC MF Money Market Fund (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case LIC MF Money Market Fund (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in LIC MF Money Market Fund (G). Minimum lumpsum investment LIC MF Money Market Fund (G) is ₹5000 and minimum SIP amount is ₹300. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of LIC MF Money Market Fund (G) is ₹1116.19 as on 21 June 2024.

The 5 biggest stock holdings of LIC MF Money Market Fund (G) are:
TBILL-182D (26.95%), TREPS (71.25%), Net CA & Others (0.7%), SBI CDMDF-A2 (1.10%)

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