Previously Known As : Lic Mf Ultra Short Term Fund
Lic Mf Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 19
Rating
Growth Option 27-04-2026
NAV ₹1382.89(R) +0.03% ₹1421.52(D) +0.04%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.76% 6.37% 5.49% -% -%
Direct 6.53% 7.07% 6.0% -% -%
Benchmark
SIP (XIRR) Regular 5.73% 6.33% 6.08% -% -%
Direct 6.52% 7.09% 6.72% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.62 0.91 0.63 0.47% -6.1
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.29% 0.0% 0.0% 0.08 0.21%
Fund AUM As on: 30/12/2025 222 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Icici Prudential Ultra Short Term Fund 3
Sbi Ultra Short Duration Fund 4
Baroda BNP Paribas Ultra Short Duration Fund 5

NAV Date: 27-04-2026

Scheme Name NAV Rupee Change Percent Change
LIC MF Ultra Short Duration Fund-Regular Plan-Weekly IDCW 1030.48
0.3200
0.0300%
LIC MF Ultra Short Duration Fund-Regular Plan-Daily IDCW 1093.41
0.0900
0.0100%
LIC MF Ultra Short Duration Fund-Direct Plan-Daily IDCW 1102.13
0.0200
0.0000%
LIC MF Ultra Short Duration Fund-Direct Plan-Weekly IDCW 1102.26
0.4400
0.0400%
LIC MF Ultra Short Duration Fund-Regular Plan-Growth 1382.89
0.4300
0.0300%
LIC MF Ultra Short Duration Fund-Regular Plan-Monthly IDCW 1383.1
0.4300
0.0300%
LIC MF Ultra Short Duration Fund-Direct Plan-Monthly IDCW 1421.28
0.5800
0.0400%
LIC MF Ultra Short Duration Fund-Direct Plan-Growth 1421.52
0.5800
0.0400%

Review Date: 27-04-2026

Beginning of Analysis

In the Ultra Short Duration Fund category, LIC MF Ultra Short Duration Fund is the 17th ranked fund. The category has total 23 funds. The LIC MF Ultra Short Duration Fund has shown a poor past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 0.47% which is lower than the category average of 0.75%, showing poor performance. The fund has a Sharpe Ratio of 1.62 which is lower than the category average of 2.64.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

LIC MF Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.83%, 1.78 and 3.12 in last one, three and six months respectively. In the same period the category average return was 0.79%, 1.75% and 3.11% respectively.
  • LIC MF Ultra Short Duration Fund has given a return of 6.53% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.56%.
  • The fund has given a return of 7.07% in last three years and ranked 19.0th out of twenty three funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.26%.
  • The fund has given a return of 6.0% in last five years and ranked 19th out of twenty one funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.36%.
  • The fund has given a SIP return of 6.52% in last one year whereas category average SIP return is 6.5%. The fund one year return rank in the category is 9th in 23 funds
  • The fund has SIP return of 7.09% in last three years and ranks 16th in 23 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (7.49%) in the category in last three years.
  • The fund has SIP return of 6.72% in last five years whereas category average SIP return is 6.94%.

LIC MF Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.29 and semi deviation of 0.21. The category average standard deviation is 0.3 and semi deviation is 0.22.
  • The fund has a beta of 0.06 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.73
    0.74
    		0.62 | 0.85 14 | 23 Average
    3M Return % 1.58
    1.62
    		1.40 | 1.74 16 | 23 Average
    6M Return % 2.74
    2.84
    		2.44 | 3.03 21 | 23 Poor
    1Y Return % 5.76
    5.99
    		5.18 | 6.45 19 | 23 Poor
    3Y Return % 6.37
    6.70
    		5.72 | 7.30 20 | 23 Poor
    5Y Return % 5.49
    5.87
    		4.83 | 6.71 19 | 21 Poor
    1Y SIP Return % 5.73
    5.92
    		5.11 | 6.29 19 | 22 Poor
    3Y SIP Return % 6.33
    6.56
    		5.57 | 7.14 19 | 22 Poor
    5Y SIP Return % 6.08
    6.42
    		5.40 | 6.93 19 | 20 Poor
    Standard Deviation 0.29
    0.30
    		0.22 | 0.37 8 | 23 Good
    Semi Deviation 0.21
    0.22
    		0.17 | 0.26 8 | 23 Good
    Sharpe Ratio 1.62
    2.64
    		-0.59 | 3.92 20 | 23 Poor
    Sterling Ratio 0.63
    0.66
    		0.57 | 0.73 20 | 23 Poor
    Sortino Ratio 0.91
    1.85
    		-0.19 | 3.16 19 | 23 Poor
    Jensen Alpha % 0.47
    0.75
    		-0.19 | 1.28 19 | 23 Poor
    Treynor Ratio -6.10
    -4.28
    		-6.10 | -3.02 23 | 23 Poor
    Modigliani Square Measure % 7.42
    8.28
    		5.70 | 9.38 21 | 23 Poor
    Alpha % -1.75
    -1.41
    		-2.31 | -0.79 20 | 23 Poor
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.83 0.79 0.66 | 0.89 5 | 23 Very Good
    3M Return % 1.78 1.75 1.66 | 1.85 8 | 23 Good
    6M Return % 3.12 3.11 2.96 | 3.32 10 | 23 Good
    1Y Return % 6.53 6.56 6.14 | 6.94 12 | 23 Good
    3Y Return % 7.07 7.26 6.48 | 7.61 19 | 23 Poor
    5Y Return % 6.00 6.36 5.53 | 7.54 19 | 21 Poor
    1Y SIP Return % 6.52 6.50 6.17 | 6.89 9 | 23 Good
    3Y SIP Return % 7.09 7.14 6.38 | 7.49 16 | 23 Average
    5Y SIP Return % 6.72 6.94 6.14 | 7.38 18 | 21 Average
    Standard Deviation 0.29 0.30 0.22 | 0.37 8 | 23 Good
    Semi Deviation 0.21 0.22 0.17 | 0.26 8 | 23 Good
    Sharpe Ratio 1.62 2.64 -0.59 | 3.92 20 | 23 Poor
    Sterling Ratio 0.63 0.66 0.57 | 0.73 20 | 23 Poor
    Sortino Ratio 0.91 1.85 -0.19 | 3.16 19 | 23 Poor
    Jensen Alpha % 0.47 0.75 -0.19 | 1.28 19 | 23 Poor
    Treynor Ratio -6.10 -4.28 -6.10 | -3.02 23 | 23 Poor
    Modigliani Square Measure % 7.42 8.28 5.70 | 9.38 21 | 23 Poor
    Alpha % -1.75 -1.41 -2.31 | -0.79 20 | 23 Poor
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Lic Mf Ultra Short Duration Fund NAV Regular Growth Lic Mf Ultra Short Duration Fund NAV Direct Growth
    27-04-2026 1382.886 1421.5221
    24-04-2026 1382.4514 1420.9416
    23-04-2026 1382.4664 1420.9125
    22-04-2026 1382.5599 1420.9642
    21-04-2026 1382.5251 1420.884
    20-04-2026 1382.3948 1420.7057
    17-04-2026 1381.7959 1419.9568
    16-04-2026 1381.5814 1419.692
    15-04-2026 1381.3469 1419.4064
    13-04-2026 1380.6183 1418.569
    10-04-2026 1379.8809 1417.6782
    09-04-2026 1379.1779 1416.9115
    08-04-2026 1378.2186 1415.8817
    07-04-2026 1377.3403 1414.9351
    06-04-2026 1376.7351 1414.2692
    02-04-2026 1375.8913 1413.2251
    30-03-2026 1374.2621 1411.4251
    27-03-2026 1372.8292 1409.8397

    Fund Launch Date: 21/Nov/2019
    Fund Category: Ultra Short Duration Fund
    Investment Objective: The investment objective of the scheme is to generate returns through investment in Debt & Money Marketinstruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, thereis no assurance or guarantee that the investment objective of the Scheme will be achieved. The schemedoes not assure or guarantee any returns.
    Fund Description: An Open Ended Ultra Short TermDebt scheme investing in instruments withMacaulay duration between 3 months - 6 months
    Fund Benchmark: CRISIL Ultra Short Term Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.