NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹13.17
0.40%
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
low duration
debt
7.08%p.a.
Last 1Y
5.80%p.a.
Last 3Y
5.59%p.a.
Last 5Y
4.70%p.a.
Since Inception
About LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl scheme from LIC Mutual Fund Asset Management Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Jan 2009, LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl is Low Duration fund of its category with 1,879.33 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
- LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl delivered 7.1% annual returns during the last year. It has delivered 4.7% average annual returns since the fund was launched.
- LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
National Bank For Agriculture And Rural Development
2.81%
Shriram Finance Limited
2.79%
Rec Limited
2.74%
Godrej Industries Limited
2.74%
National Bank For Agriculture And Rural Development
2.72%
Power Finance Corporation Ltd.
2.71%
8.25% Gic Housing Finance Ltd.
2.66%
National Bank For Agriculture And Rural Development
2.64%
Small Industries Development Bank of India
2.48%
ICICI Bank Ltd.
2.47%
Fund Managers
- Rahul Singh (Sep 2015 - Present)
Key Information
View Scheme Document
LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl SIP Calculator
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NRI Mutual Fund Tax on LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap Wrdl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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