LIC MF Banking & Financial Services Fund Direct Growth
- Sector - Financial Services
- Equity
- Very High Risk
Explore On
Rating:
3
Key Metrics
Aum
₹262.05 Cr
Expense Ratio
1.16%
Exit Load
1.00%
Min. Investment
₹5,000.00
Min. SIP
₹200.00
Launch Date
27 Mar 2015
CAGR Returns
| Period | Absolute(%) | Annualised(%) |
|---|---|---|
| 1 Month | -3.79% | -- |
| 3 Months | -5.75% | -- |
| 6 Months | -8.87% | -- |
| 1 Year | -0.9% | -0.9% |
| 2 Years | -- | +7.21% |
| 3 Years | +28.79% | +8.8% |
| 5 Years | +62.71% | +10.23% |
| Since Launch | +129.44% | +7.7% |
Holdings as on 7 June 2026
| Name | Value (₹Cr) | Holding % |
|---|---|---|
| HDFC Bank | 39.93 | 15.24 |
| ICICI Bank | 32.09 | 12.25 |
| AXIS Bank Ltd | 21.47 | 8.19 |
| Kotak Mahindra Bank | 19.91 | 7.60 |
| Treps | 14.93 | 5.70 |
| State Bank of India | 14.91 | 5.69 |
| MAS Financial Services | 13.34 | 5.09 |
| SBI Cards and Payment Services | 7.41 | 2.83 |
| CreditAccess Grameen | 7.08 | 2.70 |
| Bajaj Finance | 6.40 | 2.44 |
Morning Star Rating
Rating:
3
Risk
Return
Risk & Volitility
0.38
Sharpe Ratio
16.03%
Std. Deviation
5.97%
Tracking Error
-7.08%
Alpha
0.97
Beta
Peer Comparison
| Fund Name | 1Y | 3Y | 5Y |
|---|---|---|---|
| Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | -0.98% | +14.29% | +11.81% |
| LIC MF Banking & Financial Services Fund Direct Growth | -0.9% | +8.8% | +10.23% |
| ITI Banking and Financial Services Fund Direct Growth | +4.19% | +12.72% | -- |
| Helios Financial Services Fund Direct Growth | -1.51% | -- | -- |
| Groww Banking & Financial Services Fund Direct Growth | +5.33% | -- | -- |
Results are calculated on CAGR basis
About Fund
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 achieved.
The LIC MF Banking & Financial Services Fund Direct Growth has an AUM of 262.05 crores & has delivered CAGR of 10.23 in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.16%. The minimum investment in LIC MF Banking & Financial Services Fund Direct Growth is Rs 5000 and the minimum SIP is Rs 200.
As per morningstar the risk & return rating of the fund are Medium & High respectively.
The fund has a present cash holding of %. The top holdings of the fund include HDFC Bank, ICICI Bank, AXIS Bank Ltd, Kotak Mahindra Bank.
The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Investment Services, Auto & Truck Parts.
Some of the similar funds are Baroda BNP Paribas Banking and Financial Services Fund Direct Growth, LIC MF Banking & Financial Services Fund Direct Growth, ITI Banking and Financial Services Fund Direct Growth, Helios Financial Services Fund Direct Growth, Groww Banking & Financial Services Fund Direct Growth. LIC MF Banking & Financial Services Fund Direct Growth has a sharpe ratio of 0.38 & a standard deviation of 16.03%.
FAQs
According to the morning star rating LIC MF Banking & Financial Services Fund Direct Growth has a Medium risk & High return.
LIC MF Banking & Financial Services Fund Direct Growth is managed by Sudhanshu Asthana.
The expense ratio of LIC MF Banking & Financial Services Fund Direct Growth is 1.16%.
The 5 year annualized return on LIC MF Banking & Financial Services Fund Direct Growth is 10.23% & it has generated -0.90% in the last 1 year.
The minimum investment in LIC MF Banking & Financial Services Fund Direct Growth is 5000 Rs.
LIC MF Banking & Financial Services Fund Direct Growth has an AUM of 262.05 crores.
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.