LIC MF Banking & Financial Services Fund - G

NAV ₹16.5131 ↑ 0.11 (0.65 %) as on 7 Jun 23

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 6.3% since its launch. Return for 2022 was 19.6% , 2021 was 9.8% and 2020 was -2.1% .

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

NAV as on 7 Jun 23	₹16.5131 ↑ 0.11 (0.65 %)
Net Assets (AUM) as on 30 Apr 2023	₹141 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	2.68
Expense Ratio	2.28 %
Sharpe Ratio	0.695
Information Ratio	-0.27
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

LIC MF Banking & Financial Services Fund NAV 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 7 Jun 23

Duration	Returns
1 Month	6.1%
3 Month	8.1%
6 Month	4.4%
1 Year	29.7%
3 Year	24.1%
5 Year	8.8%
10 Year
15 Year
Since launch	6.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2022	19.6%
2021	9.8%
2020	-2.1%
2019	19.9%
2018	-18%
2017	32.7%
2016	10.5%
2015
2014

Growth of 10k Over Years

Date	Value
31 May 18	₹10,000
31 May 19	₹10,815
31 May 20	₹7,462
31 May 21	₹12,174
31 May 22	₹11,768
31 May 23	₹14,892

LIC MF Banking & Financial Services Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	4.19%
Equity	95.81%

Sector Allocation

Sector	Value
Financial Services	93.59%
Health Care	2.22%

LIC MF Banking & Financial Services Fund Equity Allocation

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	16%	₹22 Cr	242,909 ↓ -31,432
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| HDFCBANK	Banks - Regional	11%	₹15 Cr	90,637 ↑ 8,341
State Bank of India (Financial Services) Equity, Since 31 Mar 20 \| SBIN	Banks - Regional	10%	₹14 Cr	241,458 ↑ 6,107
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| AXISBANK	Banks - Regional	9%	₹13 Cr	152,330 ↑ 8,453
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 31 Mar 18 \| HDFC	Mortgage Finance	9%	₹12 Cr	44,599
The Federal Bank Ltd (Financial Services) Equity, Since 31 Jul 20 \| FEDERALBNK	Banks - Regional	4%	₹6 Cr	463,411 ↑ 51,724
CreditAccess Grameen Ltd Ordinary Shares (Financial Services) Equity, Since 30 Sep 22 \| CREDITACC	Credit Services	4%	₹6 Cr	64,052
Karur Vysya Bank Ltd (Financial Services) Equity, Since 30 Nov 21 \| KARURVYSYA	Banks - Regional	4%	₹6 Cr	591,554 ↑ 69,493
Cholamandalam Financial Holdings Ltd Shs Dematerialised (Financial Services) Equity, Since 31 Jan 23 \| CHOLAHLDNG	Credit Services	4%	₹6 Cr	93,979 ↑ 4,965
DCB Bank Ltd (Financial Services) Equity, Since 30 Nov 22 \| DCBBANK	Banks - Regional	4%	₹5 Cr	491,087 ↑ 78,759

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Fund Managers

Name	Since	Tenure
Jaiprakash Toshniwal	6 Sep 21	1.65 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
Address	KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX	91-40-23311968
Email	mailmanager@karvy.com

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	₹16.5131 ↑ 0.11	4.37 %	29.71 %	24.14 %	8.77 %
LIC MF Banking & Financial Services Fund Normal Dividend, Payout	₹16.5102 ↑ 0.11	4.36 %	29.71 %	24.14 %	8.77 %
LIC MF Banking & Financial Services Fund Normal Dividend, Reinvestment	₹16.5102 ↑ 0.11	4.36 %	29.71 %	24.14 %	8.77 %
Data as on 7 Jun 23

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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