LIC MF Banking & Financial Services Fund - G

NAV ₹21.8235 ↑ 0.18 (0.81 %) as on 20 Aug 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 7.1% 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 20 Aug 26	₹21.8235 ↑ 0.18 (0.81 %)
Net Assets (AUM) as on 31 Jul 2026	₹270 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	2.27
Expense Ratio	2.27 %
Sharpe Ratio	-0.008
Information Ratio	-0.63
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 20 Aug 26

Duration	Returns
1 Month	0.5%
3 Month	6.8%
6 Month	-2.4%
1 Year	4%
3 Year	8.4%
5 Year	10.6%
10 Year
15 Year
Since launch	7.1%

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
31 Jul 26	₹16,554

Asset Allocation

Asset Class	Value
Cash	5.44%
Equity	94.56%

Sector Allocation

Sector	Value
Financial Services	91.89%
Technology	2.67%

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%	₹36 Cr	263,994
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| 532215	Banks - Regional	10%	₹26 Cr	195,239 ↓ -9,000
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| HDFCBANK	Banks - Regional	9%	₹24 Cr	296,386 ↓ -68,500
AU Small Finance Bank Ltd (Financial Services) Equity, Since 31 Jan 26 \| 540611	Banks - Regional	5%	₹15 Cr	141,904
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Jan 26 \| 500034	Credit Services	5%	₹12 Cr	123,264
IndusInd Bank Ltd (Financial Services) Equity, Since 31 May 26 \| INDUSINDBK	Banks - Regional	3%	₹9 Cr	101,500 ↑ 44,000
Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services) Equity, Since 31 Oct 24 \| NAM-INDIA	Asset Management	3%	₹9 Cr	78,642
PB Fintech Ltd (Financial Services) Equity, Since 30 Sep 25 \| POLICYBZR	Insurance Brokers	3%	₹8 Cr	50,070 ↑ 16,000
CreditAccess Grameen Ltd Ordinary Shares (Financial Services) Equity, Since 30 Sep 22 \| CREDITACC	Credit Services	3%	₹8 Cr	54,394
Karur Vysya Bank Ltd (Financial Services) Equity, Since 31 Jan 26 \| 590003	Banks - Regional	3%	₹8 Cr	268,681

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Fund Managers

Name	Since	Tenure
Sudhanshu Asthana	7 Apr 26	0.32 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	₹21.8235 ↑ 0.18	-2.44 %	4 %	8.38 %	10.59 %
LIC MF Banking & Financial Services Fund Normal Dividend, Payout	₹21.8196 ↑ 0.18	-2.44 %	4 %	8.38 %	10.59 %
LIC MF Banking & Financial Services Fund Normal Dividend, Reinvestment	₹21.8196 ↑ 0.18	-2.44 %	4 %	8.38 %	10.59 %
Data as on 20 Aug 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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