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LIC MF Money Market Fund-Direct Plan-Growth
★★★★★ monitor_heart Health Score: 66/100 · GoodLIC Mutual Fund · Debt · Money Market Fund
₹1,289.86
AUM: ₹4,897 Cr
NAV updated about 2 months ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.16%
Exit Load
Nil
Fund Manager
Rahul Singh
Inception
Aug 2022
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
0.13
Std Dev (1Y)
0.42%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.52%
3m
+1.65%
6m
+3.02%
1y
+6.16%
3y
+6.7%
5y
—
10y
—
since inception
+6.54%
rate_review TopFund's Take on LIC MF Money Market Fund-Direct Plan-Growth
LIC MF Money Market Fund-Direct Plan-Growth holds up reasonably well within the Money Market Fund category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 66/100.
Cost: At 0.16%, the expense ratio is meaningfully cheaper — about 33% below the Money Market Fund category average of 0.24% (based on 64 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.13 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.42% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about LIC MF Money Market Fund-Direct Plan-Growth
The current NAV (Net Asset Value) of LIC MF Money Market Fund-Direct Plan-Growth is ₹1289.86. NAV is updated every business day after market close by AMFI.
1Y: 6.16% · 3Y CAGR: 6.7%
The expense ratio is 0.16% per annum — the annual fee deducted from your investment to cover fund management costs.
LIC MF Money Market Fund-Direct Plan-Growth is managed by Rahul Singh at LIC Mutual Fund.
LIC MF Money Market Fund-Direct Plan-Growth is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
LIC MF Money Market Fund-Direct Plan-Growth is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of LIC MF Money Market Fund-Direct Plan-Growth is ₹4,898 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.