NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

LIC MF Short Duration Fund Payout of Income Dis cum Cap Wrdl for NRI [14.00]

Min Investment

₹5,000

Fund Size

₹108.53 Cr

Expense Ratio

1.3%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹14.00

0.37%

NAV as on 16 Jan 25, 12:00 AM

moderate risk

short duration

debt

NAV as on 16 Jan 25, 12:00 AM

moderate risk

short duration

debt

7.40%p.a.

Last 1Y

5.17%p.a.

Last 3Y

5.18%p.a.

Last 5Y

5.81%p.a.

Since Inception

About LIC MF Short Duration Fund Payout of Income Dis cum Cap Wrdl for NRIs

NRIs can achieve long-term capital appreciation by investing in the LIC MF Short Duration Fund Payout of Income Dis cum Cap Wrdl scheme from LIC Mutual Fund Asset Management Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Feb 2019, LIC MF Short Duration Fund Payout of Income Dis cum Cap Wrdl is Short Duration fund of its category with 108.53 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.

  • LIC MF Short Duration Fund Payout of Income Dis cum Cap Wrdl delivered 7.4% annual returns during the last year. It has delivered 5.8% average annual returns since the fund was launched.
  • LIC MF Short Duration Fund 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 primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be no assurance that the investment objective of the scheme will be achieved.

Top 10 Holdings

5.77% Govt Stock 2030

18.03%

Export-Import Bank Of India

9.86%

Shriram Transport Finance Company Limited

4.91%

National Bank For Agriculture And Rural Development

4.84%

Kotak Mahindra Prime Limited

4.82%

Bajaj Housing Finance Limited

4.81%

Power Finance Corporation Limited

4.76%

7.17% Govt Stock 2030

4.76%

Nhpc Limited

4.76%

Rec Limited

4.70%

Fund Managers

  1. Marzban Irani (Feb 2019 - Present)
  2. Pratik Shroff (Sep 2023 - Present)

Key Information

View Scheme Document

LIC MF Short Duration Fund Payout of Income Dis cum Cap Wrdl SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on LIC MF Short Duration Fund 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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in LIC MF Short Duration Fund 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 Short Duration Fund 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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