LIC MF Banking & Financial Services Fund - G

NAV ₹22.6299 ↑ 0.30 (1.33 %) as on 2 Jan 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 7.9% 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 2 Jan 26	₹22.6299 ↑ 0.30 (1.33 %)
Net Assets (AUM) as on 30 Nov 2025	₹293 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	-3.02
Expense Ratio	2.27 %
Sharpe Ratio	0.585
Information Ratio	-0.31
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 2 Jan 26

Duration	Returns
1 Month	1.4%
3 Month	8.3%
6 Month	6.8%
1 Year	16.2%
3 Year	12.6%
5 Year	13.5%
10 Year
15 Year
Since launch	7.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2024	16.5%
2023	0.5%
2022	20.5%
2021	19.6%
2020	9.8%
2019	-2.1%
2018	19.9%
2017	-18%
2016	32.7%

Growth of 10k Over Years

Date	Value
31 Dec 20	₹10,000
31 Dec 21	₹10,984
31 Dec 22	₹13,132
31 Dec 23	₹15,825
31 Dec 24	₹15,898
31 Dec 25	₹18,516

LIC MF Banking & Financial Services Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	1.81%
Equity	98.19%

Sector Allocation

Sector	Value
Financial Services	93.71%
Technology	2.55%
Consumer Cyclical	1.93%

LIC MF Banking & Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| HDFCBANK	Banks - Regional	22%	₹65 Cr	643,953 ↑ 5,577
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| ICICIBANK	Banks - Regional	12%	₹36 Cr	261,992 ↑ 3,994
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| AXISBANK	Banks - Regional	8%	₹22 Cr	174,568 ↑ 8,540
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 29 Feb 24 \| KOTAKBANK	Banks - Regional	7%	₹19 Cr	90,147
State Bank of India (Financial Services) Equity, Since 31 Mar 20 \| SBIN	Banks - Regional	5%	₹14 Cr	143,886
MAS Financial Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Mar 22 \| MASFIN	Credit Services	4%	₹13 Cr	404,822 ↑ 1,945
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 30 Sep 24 \| SBICARD	Credit Services	4%	₹10 Cr	118,687
CreditAccess Grameen Ltd Ordinary Shares (Financial Services) Equity, Since 30 Sep 22 \| CREDITACC	Credit Services	3%	₹8 Cr	61,586
IIFL Finance Ltd (Financial Services) Equity, Since 31 Jan 24 \| IIFL	Credit Services	3%	₹8 Cr	138,171 ↓ -14,930
Piramal Finance Ltd (Financial Services) Equity, Since 31 Oct 25 \| PIRAMALFIN	Credit Services	3%	₹8 Cr	51,618

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Fund Managers

Name	Since	Tenure
Jaiprakash Toshniwal	6 Sep 21	4.24 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	₹22.6299 ↑ 0.30	6.82 %	16.22 %	12.56 %	13.49 %
LIC MF Banking & Financial Services Fund Normal Dividend, Payout	₹22.6259 ↑ 0.30	6.82 %	16.22 %	12.56 %	13.49 %
LIC MF Banking & Financial Services Fund Normal Dividend, Reinvestment	₹22.6259 ↑ 0.30	6.82 %	16.22 %	12.56 %	13.49 %
Data as on 2 Jan 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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