LIC MF Banking and Financial Services Fund-Direct Plan-Growth
LIC Mutual Fund Asset Management Limited · Direct Plan · Growth
Fund overview
Nil upto 12% of units and 1% on remaining units on or before 90D, Nil after 90D
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,367 | +367 |
| 3 Years | ₹5,000 | ₹6,184 | +1,184 |
| 5 Years | ₹5,000 | ₹7,126 | +2,126 |
Calculated using the fund's annualised return since inception (7.3% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
24 securitiesTop 10 holdings make up 55.1% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Banks | Large Cap | 13.61% |
| AU Small Finance Bank Ltd | Banks | Mid Cap | 7.33% |
| Axis Bank Ltd | Banks | Large Cap | 5.32% |
| One 97 Communications Ltd | Financial Technology (Fintech) | Mid Cap | 5.24% |
| HDFC Bank Ltd | Banks | Large Cap | 5.08% |
| Bajaj Finance Ltd | Financial Services | Large Cap | 4.86% |
| Indusind Bank Ltd | Banks | Mid Cap | 4.62% |
| City Union Bank Ltd | Banks | Small Cap | 4.60% |
| Treps | Cash/Deposits/Margins/Treps/Repo/Swaps | — | 4.47% |
| Shriram Finance Ltd | Financial Services | Large Cap | 4.00% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹256 Cr
Market Cap Split
Total Value
100%
Equity sector allocation
Total Value
₹245 Cr
Exit load, stamp duty & tax
27-Mar-15
Nil upto 12% of units and 1% on remaining units on or before 90D, Nil after 90D
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 11.61% |
| Beta | 0.88 |
| Sharpe Ratio | 1.40 |
| Sortino Ratio | 0.65 |
| Treynor Ratio | 0.19 |
| Jensen's Alpha | 8.80 |
| Information Ratio | 0.49 |
| R-Squared | 87.84% |
| Max Drawdown | -3.19% |
| Upside Capture | 120.33% |
| Downside Capture | 75.13% |
Fund management
Scheme Details
Investment objective
The Investment Objective Of The Scheme Is To Generate Long-Term Capital Appreciation For Unit Holders From A Portfolio That In Invested Substantially In Equity And Equity Related Securities Of Companies Engaged In Banking And Financial Services Sector. However There Can Be No Assurance That The Investment Objective Of The Scheme Will Be Achieved.
Fund house
LIC Mutual Fund Asset Management Limited
Frequently asked questions
What is the NAV of LIC MF Banking and Financial Services Fund-Direct Plan-Growth?
The NAV of LIC MF Banking and Financial Services Fund-Direct Plan-Growth is ₹22.71 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by LIC MF Banking and Financial Services Fund-Direct Plan-Growth?
The expense ratio charged by LIC MF Banking and Financial Services Fund-Direct Plan-Growth is 1.65%.
What is the Min. SIP of LIC MF Banking and Financial Services Fund-Direct Plan-Growth?
The minimum SIP investment in LIC MF Banking and Financial Services Fund-Direct Plan-Growth is ₹200 per month.
What is the Min. Lumpsum of LIC MF Banking and Financial Services Fund-Direct Plan-Growth?
The minimum lumpsum investment in LIC MF Banking and Financial Services Fund-Direct Plan-Growth is ₹5,000.
What is the Exit Load of LIC MF Banking and Financial Services Fund-Direct Plan-Growth?
The exit load for LIC MF Banking and Financial Services Fund-Direct Plan-Growth is: Nil upto 12% of units and 1% on remaining units on or before 90D, Nil after 90D
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