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LIC Banking And Financial Services Fund

LIC Banking And Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

15.07

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,241 today.

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NAV Performance

LIC Banking And Financial Services Fund performance graph for last 3 years
Performance of LIC Banking And Financial Services Fund for last 3 Years

Fund Information

  • ₹ 17.538

    as on 28 Nov 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 141 Cr.

    as on 31 May 2023
  • 2.51%

  • 27 Mar 2015

  • Equity - Sectoral/Thematic

  • Nifty Financial Services TRI

  • LIC Mutual Fund

    Show All Funds
  • LIC MF Banking & Financial Services Fund - Regular Plan - Growth charges 1.0% of sell value; if fund sold before 90 days. There are no other charges.

Highlights of this fund

LIC Banking And Financial Services Fund is an Open-ended Equity Fund. The fund belongs to Sectoral/Thematic category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 27 Mar 2015. This fund is offered by one of the top AMC (Assets Management Company) LIC Mutual Fund. You can also view here all other Equity funds offered by LIC Mutual Fund.

Latest NAV of the fund is ₹ 17.538 as on 28 Nov 2023.

This fund has 8 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.51%. Ideally you shoulds compare this fund with the benchmark Nifty Financial Services TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that in invested substantially in equity and equity related securities of companies engaged in banking and financial services sector.

List of Fund Managers of LIC Banking And Financial Services Fund

  • About Jaiprakash Toshniwal

    Picture of Jaiprakash ToshniwalMr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University. Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 10.64% 14.71% 36.45% 40.04% 38.01% 40.84% 28.51% 22.48% 61.01% 42.34% 36.10% 34.14% 22.19%
Category Average 6.27% 6.47% 17.90% 20.40% 13.75% 22.32% 16.71% 15.99% 32.69% 22.14% 19.31% 20.76% 15.39%
LIC Banking And Financial Services Fund 2.58%₹ 10,257 0.81%₹ 10,080 8.13%₹ 10,812 11.13%₹ 11,112 16.26%₹ 13,033 13.86%₹ 12,972 17.58%₹ 28,536 15.07%₹ 15,241 14.90%₹ 44,922 12.17%₹ 17,765 14.57%₹ 86,442 - -
ICICI Prudential Infrastructure Fund 7.60%₹ 10,759 8.71%₹ 10,870 22.83%₹ 12,282 31.24%₹ 13,124 41.46%₹ 14,554 29.09%₹ 16,688 35.21%₹ 33,364 40.84%₹ 27,965 33.87%₹ 58,265 22.70%₹ 27,829 31.03%₹ 1,28,567 18.16%₹ 53,107 18.83%₹ 3,23,398
Quant Infrastructure Fund 10.64%₹ 11,063 13.57%₹ 11,356 24.21%₹ 12,421 18.02%₹ 11,801 40.21%₹ 14,481 16.60%₹ 13,607 25.45%₹ 30,657 40.28%₹ 27,630 28.19%₹ 54,021 28.51%₹ 35,072 34.14%₹ 1,38,329 21.42%₹ 69,700 22.19%₹ 3,87,889
HDFC Infrastructure Fund 7.29%₹ 10,729 9.79%₹ 10,978 36.45%₹ 13,645 40.04%₹ 14,003 61.01%₹ 15,681 29.69%₹ 16,842 42.34%₹ 35,396 40.03%₹ 27,481 36.10%₹ 59,985 17.01%₹ 21,943 28.54%₹ 1,21,209 14.53%₹ 38,868 14.28%₹ 2,53,145
Aditya Birla Sun Life PSU Equity Fund 8.73%₹ 10,872 14.71%₹ 11,471 29.42%₹ 12,941 33.41%₹ 13,341 52.33%₹ 15,186 30.64%₹ 17,091 38.40%₹ 34,269 36.07%₹ 25,214 33.49%₹ 57,974 - - - -
Nippon India Power & Infra Fund 8.56%₹ 10,856 11.22%₹ 11,122 29.48%₹ 12,947 38.09%₹ 13,808 55.19%₹ 15,350 25.66%₹ 15,809 39.68%₹ 34,635 36.05%₹ 25,205 33.73%₹ 58,156 21.13%₹ 26,095 29.60%₹ 1,24,307 18.01%₹ 52,451 18.23%₹ 3,13,055

Portfolio Holdings

Portfolio holdings pattern of LIC Banking And Financial Services Fund as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    95.21%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    4.79%

Top Sector Holdings of LIC Banking And Financial Services Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 59.00% ₹ 92.73 Cr.
NBFC 12.07% ₹ 18.96 Cr.
Housing Finance 9.37% ₹ 14.72 Cr.
Other Financial Services 5.82% ₹ 9.13 Cr.
Investment Companies 3.69% ₹ 5.79 Cr.
Others 10.05% -

Top Stock Holdings of LIC Banking And Financial Services Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 14.77% ₹ 23.21 Cr.
HDFC Bank Ltd. 10.30% ₹ 16.19 Cr.
Housing Development Finance Corporation Ltd. 9.37% ₹ 14.72 Cr.
Axis Bank Ltd. 9.36% ₹ 14.71 Cr.
State Bank Of India 9.26% ₹ 14.55 Cr.
Others 46.94% -

Other Holdings

Holding TypeHolding Percentage
TREPS 4.45%
Net Receivables 0.34%