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lic mf liquid fund directgrowth
LIC Mutual Fund

LIC MF Liquid Fund Direct-Growth

Debt: Liquid - Growth (Open ended)
LIC MF Liquid Fund Direct-GrowthNAV: 5,154.07 as on 06 Sep, 2026
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: LiquidBenchmark: CRISIL Liquid Debt A-I IndexCheck Portfolio Overlap →
NAV: ₹5,154.07+0.01%
07 Sept 2026
1 Week returns: 0.15 %
Category rank: 35/43
1 Month returns: 0.55 %
Category rank: 34/42
1 Year CAGR: 6.51 %
Category rank: 19/39
3 Years CAGR: 6.96 %
Category rank: 22/36
5 Years CAGR: 6.32 %
Category rank: 22/35
52 week high/low
₹49.30
₹51.54
AUM
17484.10
Expense Ratio
0.13
Inception
1356998.00
Credit Risk
Low
IR Risk
Low
YTM
6.36
Duration
0.11
Maturity
0.11
Return 1M
0.55
Return 1Y
6.51
Return 3Y
6.96
Return 5Y
6.32

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio

Expense ratio of the scheme (0.13%) is lower than average expense ratio of the category (0.24%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
Relatively high volatility

Volatility of scheme returns is significantly higher than average volatility of the category

This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk

What is Volatility (3Y)?

Neutral
3-year performance has been average

3-year CAGR of 6.96% is between 25th and 75th percentile in its category - Debt: Liquid

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Moderate performance consistency

The scheme was a top-quartile (25%) performer in 8.0 out of last 12 quarters

This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer

What is Consistency (quarterly)?

Scheme Overview

The fund seeks to generate reasonable return with low risk and high liquidity from a portfolio of debt and money market instruments.

Scheme Category Overview →

Plan Variants

LIC MF Liquid Fund Direct-IDCW Daily
Plan
IDCW Daily
Payout
Daily
LIC MF Liquid Fund Direct-IDCW Weekly
Plan
IDCW Weekly
Payout
Weekly
LIC MF Liquid Fund Direct-IDCW Monthly
Plan
IDCW Monthly
Payout
Monthly

Fund Managers

Rahul Singh
Since: 5 Oct 2015
View details
Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Past Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Aakash Parash Dhulia
Since: 1 Sep 2025
View details
Education
PGDBM, Finance, NL Dalmia Institute of Management Studies and Research, Mumbai ,BE (Computer Science), Rajiv Gandhi Institute of Technology, Mumbai
Past Experience
Prior to joining the LIC MF , he was associated with IndiaFirst Life Insurance Co Limited, STCI Primary Dealer Ltd, Almondz Global Securities Ltd.

Key Scheme Details

Inception
31 Dec 2012
Expense Ratio
0.13%
AUM
₹17,484.1 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹5,000
Min. Addl Investment
-
Min. SIP Investment
₹200
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0

AMC Overview

LIC Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jul 31, 2026
Total AUM: ₹ 50,099 Cr
Debt
₹ 28,200 Cr
Equity
₹ 17,533 Cr
Hybrid
₹ 2,997 Cr
Commodities
₹ 1,370 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Jun 30, 2022Jul 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026
equity5,005 Cr5,092 Cr4,965 Cr5,196 Cr5,150 Cr5,069 Cr4,848 Cr5,349 Cr5,590 Cr5,501 Cr5,669 Cr6,227 Cr6,055 Cr5,939 Cr5,916 Cr5,975 Cr6,192 Cr6,444 Cr6,700 Cr9,480 Cr9,468 Cr9,562 Cr9,377 Cr9,981 Cr10,584 Cr10,731 Cr11,343 Cr11,363 Cr11,906 Cr12,107 Cr13,256 Cr14,244 Cr14,652 Cr14,934 Cr15,151 Cr15,449 Cr15,573 Cr14,918 Cr13,422 Cr14,601 Cr14,979 Cr15,858 Cr16,474 Cr16,245 Cr15,905 Cr16,114 Cr16,728 Cr17,225 Cr16,969 Cr16,294 Cr16,511 Cr14,770 Cr16,363 Cr16,579 Cr17,172 Cr17,533 Cr
hybrid2,105 Cr2,130 Cr2,107 Cr2,149 Cr2,124 Cr2,104 Cr2,053 Cr2,176 Cr2,215 Cr2,157 Cr2,159 Cr2,128 Cr2,019 Cr1,962 Cr1,923 Cr1,897 Cr1,933 Cr1,957 Cr1,964 Cr2,167 Cr2,134 Cr2,112 Cr2,068 Cr2,121 Cr2,086 Cr2,092 Cr2,077 Cr2,095 Cr2,187 Cr2,199 Cr2,273 Cr2,196 Cr2,172 Cr2,139 Cr2,097 Cr2,140 Cr2,191 Cr2,180 Cr2,503 Cr2,622 Cr2,568 Cr2,672 Cr2,700 Cr2,754 Cr2,755 Cr2,823 Cr2,945 Cr2,970 Cr2,982 Cr2,995 Cr3,000 Cr2,680 Cr2,884 Cr2,896 Cr2,946 Cr2,997 Cr
debt12,103 Cr10,691 Cr9,877 Cr11,344 Cr9,947 Cr10,022 Cr9,785 Cr9,821 Cr10,160 Cr8,911 Cr9,412 Cr9,894 Cr9,576 Cr8,301 Cr10,285 Cr8,659 Cr9,680 Cr10,317 Cr9,723 Cr12,335 Cr13,209 Cr12,981 Cr13,354 Cr13,254 Cr14,633 Cr16,934 Cr18,555 Cr14,128 Cr16,890 Cr18,483 Cr16,710 Cr16,199 Cr17,861 Cr15,741 Cr17,870 Cr18,398 Cr17,583 Cr20,444 Cr19,998 Cr16,247 Cr19,603 Cr19,870 Cr18,742 Cr20,479 Cr21,860 Cr21,591 Cr22,576 Cr22,758 Cr24,312 Cr24,078 Cr26,511 Cr23,149 Cr27,727 Cr28,174 Cr24,447 Cr28,200 Cr
commodities-------------------107 Cr107 Cr101 Cr109 Cr111 Cr113 Cr112 Cr111 Cr120 Cr129 Cr130 Cr130 Cr127 Cr137 Cr151 Cr172 Cr170 Cr173 Cr189 Cr263 Cr294 Cr330 Cr371 Cr404 Cr457 Cr527 Cr709 Cr859 Cr930 Cr1,101 Cr1,371 Cr1,454 Cr1,346 Cr1,405 Cr1,470 Cr1,345 Cr1,370 Cr
Total19,213 Cr17,913 Cr16,950 Cr18,689 Cr17,221 Cr17,195 Cr16,686 Cr17,346 Cr17,965 Cr16,569 Cr17,239 Cr18,249 Cr17,650 Cr16,202 Cr18,125 Cr16,531 Cr17,805 Cr18,719 Cr18,387 Cr24,089 Cr24,917 Cr24,756 Cr24,908 Cr25,467 Cr27,416 Cr29,869 Cr32,086 Cr27,706 Cr31,112 Cr32,920 Cr32,369 Cr32,766 Cr34,823 Cr32,965 Cr35,291 Cr36,157 Cr35,520 Cr37,730 Cr36,187 Cr33,763 Cr37,480 Cr38,771 Cr38,319 Cr39,936 Cr41,047 Cr41,237 Cr43,108 Cr43,884 Cr45,363 Cr44,738 Cr47,476 Cr41,946 Cr48,379 Cr49,119 Cr45,911 Cr50,099 Cr

AMC Details

AMC
LIC Mutual Fund
CEO
Ravi Kumar Jha(Chief Executive Officer)
CIO
Marzban Irani(Chief Investment Officer-Debt)
IRO
Prashant Thakkar
Trustee
LIC Mutual Fund Trustee Company Pvt. Ltd.
Address
Industrial Assurance Building, Ground Floor, Opp. Churchgate Station, Mumbai

Frequently Asked Questions

What is the current NAV of LIC MF Liquid Fund Direct-Growth?
The current NAV of LIC MF Liquid Fund Direct-Growth is ₹5154.07 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of LIC MF Liquid Fund Direct-Growth?
The AUM (Assets Under Management) of LIC MF Liquid Fund Direct-Growth is ₹17,484.1 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of LIC MF Liquid Fund Direct-Growth?
The expense ratio of LIC MF Liquid Fund Direct-Growth is 0.13% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of LIC MF Liquid Fund Direct-Growth?
LIC MF Liquid Fund Direct-Growth is managed by Rahul Singh, Aakash Parash Dhulia. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of LIC MF Liquid Fund Direct-Growth?
The benchmark of LIC MF Liquid Fund Direct-Growth is CRISIL Liquid Debt A-I Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was LIC MF Liquid Fund Direct-Growth launched?
LIC MF Liquid Fund Direct-Growth was launched on 31 Dec 2012. The fund has been in existence for 13 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in LIC MF Liquid Fund Direct-Growth?
The minimum investment in LIC MF Liquid Fund Direct-Growth is ₹5,000 for a lump sum and ₹200 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on LIC MF Liquid Fund Direct-Growth?
LIC MF Liquid Fund Direct-Growth has an exit load — Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does LIC MF Liquid Fund Direct-Growth belong to?
LIC MF Liquid Fund Direct-Growth belongs to the Debt: Liquid category. You can view other funds in this category.