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LIC MF Banking & Financial Services Fund - G

NAV  ₹20.9596 ↓ -0.12  (-0.57 %) as on 19 Sep 25

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 7.3% since its launch.  Return for 2024 was 0.5% , 2023 was 20.5% and 2022 was 19.6% .

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

NAV as on 19 Sep 25₹20.9596 ↓ -0.12  (-0.57 %)
Net Assets (AUM) as on 31 Aug 2025 ₹267 Cr.
Launch Date27 Mar 2015
CategoryEquity - Sectoral
RatingNot Rated
TypeOpen Ended Fund
RiskHigh
AMCLIC Mutual Fund Asset Mgmt Co Ltd
Alpha Ratio-7.08
Expense Ratio2.27 %
Sharpe Ratio-0.257
Information Ratio-0.38
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 19 Sep 25

DurationReturns
1 Month -0.2%
3 Month 1.7%
6 Month 13.8%
1 Year 2.5%
3 Year 11%
5 Year 18.5%
10 Year
15 Year
Since launch 7.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 0.5%
2023 20.5%
2022 19.6%
2021 9.8%
2020 -2.1%
2019 19.9%
2018 -18%
2017 32.7%
2016 10.5%

Growth of 10k Over Years

DateValue
31 Aug 20₹10,000
31 Aug 21₹14,703
31 Aug 22₹15,894
31 Aug 23₹18,501
31 Aug 24₹21,221
31 Aug 25₹21,586
LIC MF Banking & Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.76%
Equity95.24%
LIC MF Banking & Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services90.81%
Technology2.61%
Consumer Cyclical1.81%
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
Banks - Regional20%₹55 Cr271,753
↓ -8,516
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK
Banks - Regional13%₹35 Cr234,537
↓ -7,349
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 532215
Banks - Regional6%₹18 Cr166,028
↓ -529
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 24 | KOTAKBANK
Banks - Regional6%₹17 Cr86,262
↓ -2,703
MAS Financial Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 22 | MASFIN
Credit Services5%₹12 Cr402,877
↓ -43,377
State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN
Banks - Regional4%₹12 Cr144,858
↓ -17,620
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 24 | SBICARD
Credit Services3%₹10 Cr118,687
↑ 16,465
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 23 | 532810
Credit Services3%₹9 Cr218,047
↓ -31,778
CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC
Credit Services3%₹8 Cr65,564
↓ -2,054
IIFL Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | 532636
Credit Services3%₹7 Cr153,101
↓ -4,797
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Fund Managers

NameSinceTenure
Jaiprakash Toshniwal6 Sep 213.99 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

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
₹20.9596
↓ -0.12
13.78 %2.53 %11.04 %18.52 %
LIC MF Banking & Financial Services Fund
Normal Dividend, Payout
₹20.956
↓ -0.12
13.78 %2.53 %11.04 %18.52 %
LIC MF Banking & Financial Services Fund
Normal Dividend, Reinvestment
₹20.956
↓ -0.12
13.78 %2.53 %11.04 %18.52 %
Data as on 19 Sep 25

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