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Business News/Market/Market Stats/    LIC MF Banking & Financial Services Fund Regular Growth

LIC MF Banking & Financial Services Fund Regular Growth

+
  • Equity
  • Sector - Financial Services
  • Rating 3
  • Plan
18.40 +0.15 (0.82%) NAV as on 19 Apr, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)289.55
  • CAGR 19.59%
  • Exit Load1.00%
  • Expense ratio2.33%
  • CategoryEquity
  • Min Investment5000
  • Min SIP1000
  • Launch Date2015-03-27

Morning Star Rating 3

Medium
Risk
High
Return

Asset Allocation

Holdings As On - 22 April 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps
  • 19.37
  • 6.69%
View More

Risk & Volitility

  • Alpha -8.15%
  • Beta 0.96
  • Sharpe Ratio0.55
  • Std Deviation 15.51%
  • Tracking Error 5.97%

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 Regular Growth has an AUM of 289.55 crores & has delivered CAGR of 10.37% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.33%. The minimum investment in LIC MF Banking & Financial Services Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.

 

As per morningstar the risk & return rating of the fund are Medium & High respectively.

 

The top holdings of the fund include HDFC Bank, ICICI Bank, Treps & Axis Bank.

 

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Investment Services & Insurance (Accident & Health).

 

Some of the similar funds are LIC MF Banking & Financial Services Fund Regular Growth, DSP Banking & Financial Services Fund Regular Growth, Quant BFSI Regular Growth, ITI Banking and Financial Services Fund Regular Growth, WhiteOak Capital Banking & Financial Services Fund Regular Growth. LIC MF Banking & Financial Services Fund Regular Growth has a sharpe ratio of 0.55 & a standard deviation of 15.51%.

FAQs about LIC MF Banking & Financial Services Fund Regular Growth

According to the morning star rating LIC MF Banking & Financial Services Fund Regular Growth has a Medium risk & High return.
LIC MF Banking & Financial Services Fund Regular Growth is managed by Jaiprakash Toshniwal.
The expense ratio of LIC MF Banking & Financial Services Fund Regular Growth is 2.33%.
The 5 year annualized return on LIC MF Banking & Financial Services Fund Regular Growth is 10.37% & it has generated 19.59% in the last 1 year.
The minimum investment in LIC MF Banking & Financial Services Fund Regular Growth is 5000 Rs.
LIC MF Banking & Financial Services Fund Regular Growth has an AUM of 289.55 crores.
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