LIC MF Banking & Financial Services Fund - G

NAV ₹21.6522 ↑ 0.17 (0.78 %) as on 31 Jul 26

📑 Table of contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

Scheme Objective

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be realised.

LIC MF Banking & Financial Services Fund is a Equity - Sectoral fund launched on 27 Mar 15. It is a fund with High risk and has given a CAGR return of 7% since its launch. Return for 2025 was 16.5% , 2024 was 0.5% and 2023 was 20.5% .

Below is the key information for LIC MF Banking & Financial Services Fund

NAV as on 31 Jul 26	₹21.6522 ↑ 0.17 (0.78 %)
Net Assets (AUM) as on 30 Jun 2026	₹269 Cr.
Launch Date	27 Mar 2015
Category	Equity - Sectoral
Rating	Not Rated
Type	Open Ended Fund
Risk	High
AMC	LIC Mutual Fund Asset Mgmt Co Ltd

Alpha Ratio	1.42
Expense Ratio	2.27 %
Sharpe Ratio	-0.148
Information Ratio	-0.52
Benchmark	Not Available
Min Investment	₹5,000
Min SIP Investment	₹1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)

NAV Price Chart

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Jul 26

Duration	Returns
1 Month	0.8%
3 Month	4.1%
6 Month	-2.3%
1 Year	3.5%
3 Year	7%
5 Year	10.6%
10 Year
15 Year
Since launch	7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2025	16.5%
2024	0.5%
2023	20.5%
2022	19.6%
2021	9.8%
2020	-2.1%
2019	19.9%
2018	-18%
2017	32.7%

Growth of 10k Over Years

Date	Value
31 Jul 21	₹10,000
31 Jul 22	₹10,701
31 Jul 23	₹13,522
31 Jul 24	₹15,223
31 Jul 25	₹15,994

Asset Allocation

Asset Class	Value
Cash	6%
Equity	94%

Sector Allocation

Sector	Value
Financial Services	91.25%
Technology	2.75%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| ICICIBANK	Banks - Regional	13%	₹33 Cr	263,994 ↑ 10,000
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| HDFCBANK	Banks - Regional	11%	₹27 Cr	364,886 ↓ -152,500
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| AXISBANK	Banks - Regional	10%	₹26 Cr	204,239 ↑ 35,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 29 Feb 24 \| KOTAKBANK	Banks - Regional	6%	₹15 Cr	385,375 ↓ -134,000
AU Small Finance Bank Ltd (Financial Services) Equity, Since 31 Jan 26 \| AUBANK	Banks - Regional	5%	₹14 Cr	141,904 ↑ 134,500
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Jan 26 \| BAJFINANCE	Credit Services	4%	₹11 Cr	123,264 ↑ 55,000
Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services) Equity, Since 31 Oct 24 \| NAM-INDIA	Asset Management	3%	₹9 Cr	78,642 ↑ 50,000
Karur Vysya Bank Ltd (Financial Services) Equity, Since 31 Jan 26 \| KARURVYSYA	Banks - Regional	3%	₹8 Cr	268,681 ↑ 175,000
One97 Communications Ltd (Technology) Equity, Since 30 Jun 25 \| PAYTM	Software - Infrastructure	3%	₹7 Cr	63,052 ↑ 33,500
Power Finance Corp Ltd (Financial Services) Equity, Since 30 Sep 23 \| PFC	Credit Services	3%	₹7 Cr	164,515 ↑ 60,000

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Fund Managers

Name	Since	Tenure
Sudhanshu Asthana	7 Apr 26	0.23 Yr.

Custodians

Company	Address
Standard Chartered Bank - India	Standard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

Administrator Companies

Company	Address
LIC Mutual Fund	4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

Company	Address
S. R. BATLIBOI & Co	Express Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
LIC MF Banking & Financial Services Fund Growth	₹21.6522 ↑ 0.17	-2.25 %	3.5 %	6.98 %	10.61 %
LIC MF Banking & Financial Services Fund Normal Dividend, Payout	₹21.6484 ↑ 0.17	-2.25 %	3.5 %	6.98 %	10.61 %
LIC MF Banking & Financial Services Fund Normal Dividend, Reinvestment	₹21.6484 ↑ 0.17	-2.25 %	3.5 %	6.98 %	10.61 %
Data as on 31 Jul 26

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.

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