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Fincash » Mutual Funds » LIC MF Banking Financial Services Fund

LIC MF Banking & Financial Services Fund - G

NAV  ₹11.8502 ↓ 0.00   (0.02 %) as on 21 Nov 19

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 3.7% since its launch.  Return for 2018 was -18% , 2017 was 32.7% and 2016 was 10.5% .

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

NAV as on 21 Nov 19₹11.8502 ↓ 0.00   (0.02 %)
Net Assets (AUM) as on 31 Oct 2019 ₹58 Cr.
Launch Date27 Mar 2015
CategoryEquity - Sectoral
RatingNot Rated
TypeOpen Ended Fund
RiskHigh
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio-3.71
Expense Ratio2.82 %
Sharpe Ratio1.042
Information Ratio-1.26
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

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 21 Nov 19

DurationReturns
1 Month 3.8%
3 Month 9.1%
6 Month 7%
1 Year 21.9%
3 Year 5%
5 Year
10 Year
15 Year
Since launch 3.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -18%
2017 32.7%
2016 10.5%
2015
2014
2013
2012
2011
2010

Growth of 10k Over Years

DateValue
31 Oct 15₹8,922
31 Oct 16₹10,372
31 Oct 17₹12,665
31 Oct 18₹9,418
31 Oct 19₹11,478
LIC MF Banking & Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.25%
Equity98.75%
LIC MF Banking & Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services97.75%
LIC MF Banking & Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK
25%₹15 Cr118,250
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK
13%₹7 Cr159,898
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
11%₹7 Cr41,961
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 532215
10%₹6 Cr80,878
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
8%₹5 Cr21,227
City Union Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | CUB
7%₹4 Cr203,740
↓ -14,000
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 16 | FEDERALBNK
4%₹2 Cr275,805
↓ -35,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 17 | 500034
3%₹2 Cr4,797
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 May 16 | CHOLAFIN
3%₹2 Cr56,705
↓ -19,000
Treps
CBLO/Reverse Repo | -
3%₹2 Cr
1 - 10 of 19
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Fund Managers

NameSinceTenure
Yogesh Patil1 Oct 180.33 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
LIC MF Banking & Financial Services Fund
Growth
₹11.8502
↑ 0.00
6.97 %21.86 %4.96 %-
LIC MF Banking & Financial Services Fund
Normal Dividend, Payout
₹11.8487
↑ 0.00
6.97 %21.86 %4.95 %-
LIC MF Banking & Financial Services Fund
Normal Dividend, Reinvestment
₹11.8487
↑ 0.00
6.97 %21.86 %4.95 %-
Data as on 21 Nov 19

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