LIC MF Banking & Financial Services Fund - Dividend - Regular Plan

Other Plans and Options

Fund Overview Dividend | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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 Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
LIC MF BANKING AND FINANCIAL SERVICES FUND-REGULAR PLAN-DIVIDEND 9.64 7.42 -15.27 -8.41 1.46 -0.62
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
Nifty Financial Services 10.88 6.56 -13.36 4.77 10.32 15.73
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
LIC MF BANKING AND FINANCIAL SERVICES FUND-REGULAR PLAN-DIVIDEND Mar 27, 2015 -15.27 -8.41 1.46 2.57 47.31
ICICI Prudential Banking and Financial Services Fund - Dividend Aug 22, 2008 -19.69 -5.43 7.36 2.36 2,685.24
Nippon India Banking Fund-Dividend Plan-Dividend Option May 26, 2003 -22.14 -8.10 3.24 2.36 2,010.37
SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - DIVIDEND Feb 26, 2015 -9.28 4.72 12.70 2.15 1,495.19
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Dividend Dec 14, 2013 -18.64 -5.03 7.58 2.38 1,463.72
UTI Banking and Financial Services Fund - Regular Plan - Income Option Apr 09, 2004 -19.77 -7.94 3.57 2.83 480.72

Fund Holdings as on 30-September-2020

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • Kotak Mahindra Bank Ltd.

  • Treps

  • Housing Development Finance Corporation Ltd.

  • Axis Bank Ltd.

  • City Union Bank Ltd.

  • State Bank of India

  • The Federal Bank Ltd.

  • ICICI Lombard General Insurance Co. Ltd.

  • DCB Bank Ltd.

  • SBI Life Insurance Company Ltd.

  • Central Depository Services (I) Ltd.

  • ICICI Prudential Life Insurance Co Ltd.

  • Bajaj Finance Ltd.

  • Net Receivables / (Payables)

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  • Bank - Private

  • Miscellaneous

  • Insurance

  • Finance - Housing

  • Finance - NBFC

  • Bank - Public

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Fund Manager

  • Cash

  • Equity

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About LIC MF Banking & Financial Services Fund

Scheme Analysis

LIC MF Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to LIC Mutual Fund. It was launched on 27-Mar-2015 and currently has an AUM of ₹47.31 crore. LIC MF Banking & Financial Services Fund is benchmarked against NIFTY 50 - TRI as primary index and Nifty Financial Services as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of LIC MF Banking & Financial Services Fund ended down ₹-0.08(-0.85%)yesterday to ₹9.5782.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

The LIC MF Banking & Financial Services Fund is managed by Yogesh Patil .

Fund House Contact

4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai - 400 020

022-66016000
service@licnomuramf.com
022-22880633