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

Other Plans and Options

Fund Overview IDCW | 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-IDCW -1.33 -9.16 -4.55 10.49 8.38 5.92
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-IDCW Mar 27, 2015 -4.55 10.49 8.38 2.42 246.53
ICICI Prudential Banking and Financial Services Fund - IDCW Aug 22, 2008 9.84 13.55 11.36 1.82 9,045.56
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 10.57 15.61 12.14 1.81 6,556.02
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 8.40 15.82 13.95 1.88 6,225.84
Aditya Birla Sun Life Banking and Financial Services Fund - REGULAR - IDCW Dec 14, 2013 2.50 12.59 11.26 2.00 3,101.32
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 6.45 15.09 11.67 1.99 2,323.96

Fund Holdings as on 31-January-2025

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • State Bank of India

  • Axis Bank Ltd.

  • MAS Financial Services Ltd.

  • Kotak Mahindra Bank Ltd.

  • Power Finance Corporation Ltd.

  • Mahindra & Mahindra Financial Serv Ltd.

  • Creditaccess Grameen Ltd.

  • CSB Bank Ltd.

  • The South Indian Bank Ltd.

  • DCB Bank Ltd.

  • IndusInd Bank Ltd.

  • IIFL Finance Ltd.

  • Aadhar Housing Finance Ltd.

  • SBI Cards & Payment Services Ltd.

  • Shriram Finance Ltd.

  • Five Star Business Finance Ltd.

  • TVS Holdings Ltd.

  • Computer Age Management Services Ltd.

  • Piramal Enterprises Ltd.

  • Nippon Life India Asset Management Ltd.

  • Bajaj Finance Ltd.

  • ICICI Securities Ltd.

  • Treps

  • Aditya Birla Sun Life AMC Ltd.

  • Angel One Ltd.

  • HDFC Life Insurance Company Ltd.

  • Multi Commodity Exchange Of India Ltd.

  • Spandana Sphoorty Financial Ltd.

  • Prudent Corporate Advisory Services Ltd.

  • Net Receivables / (Payables)

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Finance Term Lending

  • Finance - Stock Broking

  • Finance - Asset Management

  • Finance - Investment

  • Finance - Housing

  • Auto Ancillary

  • Depository Services

  • Insurance

  • Miscellaneous

  • Finance - Others

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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 ₹246.53 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 ₹0.01(0.04%)yesterday to ₹17.702.

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