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

Fund Overview Growth | 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-GROWTH 6.33 12.01 19.88 15.28 11.53 7.72
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
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-GROWTH Mar 27, 2015 19.88 15.28 11.53 2.42 285.19
ICICI Prudential Banking and Financial Services Fund - Growth Aug 22, 2008 20.10 13.23 11.39 1.85 7,107.43
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option May 26, 2003 26.44 18.97 13.64 1.90 5,462.71
SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH Feb 26, 2015 32.04 15.39 14.22 1.85 5,387.33
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth Dec 14, 2013 24.11 15.09 13.04 1.99 3,069.78
Tata Banking And Financial Services Fund-Regular Plan-Growth Dec 28, 2015 23.76 15.47 13.93 1.99 2,048.30

Fund Holdings as on 31-May-2024

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • Axis Bank Ltd.

  • State Bank of India

  • The Federal Bank Ltd.

  • Power Finance Corporation Ltd.

  • Creditaccess Grameen Ltd.

  • DCB Bank Ltd.

  • IndusInd Bank Ltd.

  • Piramal Enterprises Ltd.

  • Kotak Mahindra Bank Ltd.

  • L & T Finance Ltd.

  • Aavas Financiers Ltd.

  • CSB Bank Ltd.

  • Five Star Business Finance Ltd.

  • Equitas Small Finance Bank Ltd.

  • IIFL Finance Ltd.

  • Mahindra & Mahindra Financial Serv Ltd.

  • Treps

  • Spandana Sphoorty Financial Ltd.

  • MAS Financial Services Ltd.

  • Aadhar Housing Finance Ltd.

  • Bajaj Holdings & Investment Ltd.

  • Cholamandalam Financial Holdings Ltd.

  • Shriram Finance Ltd.

  • ICICI Securities Ltd.

  • IDFC First Bank Ltd.

  • Utkarsh Small Finance Bank Ltd.

  • Net Receivables / (Payables)

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Finance Term Lending

  • Finance - Housing

  • Finance - Investment

  • Miscellaneous

  • Finance - Stock Broking

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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 ₹285.19 crore. LIC MF Banking & Financial Services Fund is benchmarked against NIFTY 50 - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of LIC MF Banking & Financial Services Fund ended up ₹0.16(0.83%)yesterday to ₹19.8743.

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

The LIC MF Banking & Financial Services Fund is managed by Jaiprakash Toshniwal .

Fund House Contact

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

022-66016000
service@licnomuramf.com
022-22880633