{"id":247933,"date":"2026-09-16T10:13:20","date_gmt":"2026-09-16T04:43:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T10:13:20","modified_gmt":"2026-09-16T04:43:20","slug":"lic-mf-short-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/","title":{"rendered":"LIC MF Short Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-short-term-fund-g-direct-plan\">LIC MF Short Term Fund Direct Growth Plan<\/a> has a NAV of \u20b916.6564 as of 15 Sep 2026 and an AUM of \u20b9124 Cr. Its 1-year, 3-year and 5-year returns are 5.67%, 7.48% and 6.25%, and the scheme sits in the Medium Risk category. Our view is that it suits conservative debt investors who want relatively steady outcomes rather than sharp return swings, while still accepting that short-term debt returns can move around.<\/p>\n<p>The fund\u2019s portfolio is led by high-quality debt and cash positions, with a meaningful allocation to TREPS and a mix of government and corporate debt. That structure supports a more defensive profile, but the return history also shows periods of mild volatility. In our view, the fund is better suited to investors looking for a short-term debt allocation with moderate risk rather than those chasing top-end income returns.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_LIC_MF_Short_Term\" title=\"Should you BUY or HOLD LIC MF Short Term?\">Should you BUY or HOLD LIC MF Short Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-short-term-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b916.6564 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9124 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.36%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Feb 2019<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9200<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Pratik Shroff, Rahul Singh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Pratik Shroff and Rahul Singh.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.06%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.12%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.67%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.48%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.25%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance has been stable enough for a short-term debt scheme, with the 1-month result near flat and the 3-month result modestly positive. That is a better pattern than the benchmark over the same windows, where the index stayed negative in both periods. For investors, this matters because the fund has shown the ability to preserve a calm trajectory when the reference index has been weak.<\/p>\n<p>Over 1 year, the fund has returned 5.67% while the benchmark has fallen -8.27%. That gap is large and points to very different behaviour between a managed short-term debt portfolio and the chosen index. The fund\u2019s own return path also suggests uneven but orderly compounding rather than a straight line, which is normal for debt funds that actively manage credit and duration exposure.<\/p>\n<p>The longer view is more measured. The 3-year return of 7.48% is above the benchmark\u2019s 5.59%, while the 5-year return of 6.25% is also ahead of the benchmark\u2019s 5.58%. So the fund has not only protected better in the recent period; it has also kept a modest lead over the benchmark over longer holding periods. The trade-off is that the edge is not dramatic, so the fund reads more like a steady short-term debt option than a return-maximising one.<\/p>\n<p>Source data date: as of 15 Sep 2026<\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_LIC_MF_Short_Term\"><\/span>Should you BUY or HOLD LIC MF Short Term?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding LIC MF Short Term? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-short-term-fund-g-direct-plan\">LIC MF Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>5.67%<\/td>\n<td>7.48%<\/td>\n<td>6.25%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-ultra-short-term-fund-g-direct-plan\">Tata Ultra Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.09%<\/td>\n<td>7.53%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-ultra-short-term-fund-g-direct-plan\">Aditya Birla SL Ultra Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.68%<\/td>\n<td>7.48%<\/td>\n<td>6.74%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-short-term-fund-g-direct-plan\">ICICI Pru Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.21%<\/td>\n<td>7.73%<\/td>\n<td>7.11%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-short-term-fund-g-direct-plan\">Axis Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.06%<\/td>\n<td>7.82%<\/td>\n<td>6.78%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-short-term-fund-g-direct-plan\">Aditya Birla SL Short Term Fund Direct Growth Plan<\/a><\/td>\n<td>5.86%<\/td>\n<td>7.61%<\/td>\n<td>6.82%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund\u2019s 1-year return trails the stronger peer figures in this set, where several funds are above 6% and one is above 7%. Over 3 years, it sits in the same broad range as the group, although some peers show a slightly better stretch, and over 5 years the fund is also a touch behind the stronger figures available here. That makes the recent picture a little weaker than the best peer outcomes, even though the longer record remains competitive.<\/p>\n<p>What stands out is the split between short-term and longer-term readings. The fund looks less compelling on the latest 1-year comparison, but its 3-year and 5-year returns still hold up reasonably well against other short-term debt options. This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>11.4%<\/td>\n<\/tr>\n<tr>\n<td>7.48% National BK for Agriculture &amp; Rural Dev.<\/td>\n<td>Corporate Debt<\/td>\n<td>8.62%<\/td>\n<\/tr>\n<tr>\n<td>7.34% Small Industries Development BK of India **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.55%<\/td>\n<\/tr>\n<tr>\n<td>7.45% Bharti Telecom Ltd. **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.36%<\/td>\n<\/tr>\n<tr>\n<td>8.95% 360 One Prime Ltd. **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.24%<\/td>\n<\/tr>\n<tr>\n<td>7.49% National Highways Authority of India **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.14%<\/td>\n<\/tr>\n<tr>\n<td>6.78% State Government of Maharashtra<\/td>\n<td>Government Securities<\/td>\n<td>8.08%<\/td>\n<\/tr>\n<tr>\n<td>6.61% Power Finance Corporation Ltd. **<\/td>\n<td>Corporate Debt<\/td>\n<td>8.07%<\/td>\n<\/tr>\n<tr>\n<td>8.14% Nuclear Power Corporation **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.27%<\/td>\n<\/tr>\n<tr>\n<td>8.13% Nuclear Power Corporation **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 77.95% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-short-term-fund-g-direct-plan\">LIC MF Short Term Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding, TREPS, is 11.4% of the portfolio, so it has the biggest single influence among the disclosed positions. After that, weights cluster tightly in the 8% range across several debt instruments, and the fall from the first holding to the tenth is not steep in absolute terms. That shape suggests the portfolio is not built around one dominant position, but around a set of comparable exposures.<\/p>\n<p>Because the top 10 holdings together make up 77.95% of the portfolio, the disclosed book looks fairly concentrated in its leading positions, even though those positions are spread across multiple issuers and instruments. With 17 total holdings disclosed, the fund likely still has a meaningful tail beyond the top 10, but the largest names may still drive most short-term behaviour.<\/p>\n<p>That mix can suit investors who are comfortable with a debt portfolio that keeps a substantial share in visible, high-quality holdings while also maintaining liquidity through TREPS. It may help the fund stay relatively orderly, but it also means the top positions could matter more than in a very broad, highly diversified debt allocation.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who can accept Medium Risk in a short-term debt scheme and who want a portfolio that is calmer than the benchmark over recent periods. The 1-year, 3-year and 5-year returns show a relatively steady debt profile, with the longer record staying ahead of the benchmark while the latest 1-year figure is also materially better than the benchmark.<\/p>\n<p>Our view is that the fund is more suitable for a short-to-medium holding period rather than a very brief parking of cash, because debt returns still move with market conditions and portfolio mix. The main trade-off is that the fund offers steadier behaviour and a modest return edge, but not the kind of strong upside that equity investors might expect.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of LIC MF Short Term Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b916.6564 as of 15 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s returns are 5.67% for 1 year, 7.48% for 3 years and 6.25% for 5 years.<\/p>\n<p><strong>How has it performed versus the benchmark?<\/strong><br \/>It has done better than the benchmark across 1M, 3M, 1Y, 3Y and 5Y. The gap is widest over 1 year, where the fund is positive while the benchmark is negative.<\/p>\n<p><strong>How does it compare with the peer funds shown here?<\/strong><br \/>Its recent 1-year return is lower than several peers, but its 3-year and 5-year figures remain in the same broad range as the comparison set. That points to a mixed but still competitive longer-term picture.<\/p>\n<p><strong>Is there an exit load?<\/strong><br \/>No exit load applies.<\/p>\n<p><strong>Who manages the fund?<\/strong><br \/>The fund is managed by Pratik Shroff and Rahul Singh.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>LIC MF Short Term Fund Direct Growth Plan has a steadier longer-term profile than the benchmark and a recent return path that remains orderly rather than erratic. Its short-term showing is less striking than some peer funds, but the 3-year and 5-year numbers keep it in a reasonable competitive range. The Medium Risk label, the mix of TREPS, government securities and corporate debt, and the relatively concentrated leading holdings make it a fit for investors who want a short-term debt allocation with measured behaviour rather than aggressive return chasing.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 10:10 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"LIC MF Short Term Fund Direct Growth Plan\",\"identifier\":\"lic-mf-short-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Feb 2019\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":16.6564,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"124 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.36\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.67},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.48},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.25},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Pratik Shroff, Rahul Singh\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of LIC MF Short Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b916.6564 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 5.67% for 1 year, 7.48% for 3 years and 6.25% for 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How has it performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the benchmark across 1M, 3M, 1Y, 3Y and 5Y. The gap is widest over 1 year, where the fund is positive while the benchmark is negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds shown here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its recent 1-year return is lower than several peers, but its 3-year and 5-year figures remain in the same broad range as the comparison set. That points to a mixed but still competitive longer-term picture.\"}},{\"@type\":\"Question\",\"name\":\"Is there an exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No exit load applies.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Pratik Shroff and Rahul Singh.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LIC MF Short Term Fund Direct Growth Plan has a \u20b916.6564 NAV as of 15 Sep 2026, 5.67% 1Y returns and a Medium Risk profile.<\/p>\n","protected":false},"author":38,"featured_media":247930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-247933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247930"],"rank_math_title":["LIC MF Short Term Fund Review 2026: NAV, Returns"],"rank_math_description":["LIC MF Short Term Fund Direct Growth Plan has a \u20b916.6564 NAV and 5.67% 1Y return as of 15 Sep 2026."],"rank_math_focus_keyword":["LIC MF Short Term Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/LIC_MF_Short_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=247933"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247930"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=247933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=247933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=247933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}