Fund Performance
Lumpsum
SIP
27.13
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,544 today.
NAV Performance
Fund Information
-
₹ 14.580
as on 24 Mar 2023 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 56 Cr.
as on 31 Dec 2021 -
2.76%
-
27 Mar 2015
-
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 365 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 ₹ 14.580 as on 24 Mar 2023.
This fund has 8 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.76%. 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
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 | 2.72% | 5.58% | 19.02% | 21.96% | 38.01% | 60.44% | 20.38% | 19.91% | 21.65% | 23.01% | 34.58% | 27.33% | 19.20% |
| Category Average | -1.88% | -2.24% | -1.77% | 2.16% | 11.36% | 31.57% | 10.69% | 13.87% | 0.91% | 3.62% | 14.59% | 13.68% | 12.53% |
| LIC Banking And Financial Services Fund | -2.35%₹ 9,764 | -4.51%₹ 9,549 | -2.47%₹ 9,752 | 12.77%₹ 11,277 | 6.05%₹ 12,387 | 9.03%₹ 11,887 | 6.28%₹ 25,580 | 27.13%₹ 20,544 | 14.03%₹ 44,337 | 7.45%₹ 14,328 | 9.70%₹ 76,569 | - | - |
| ICICI Prudential Commodities Fund | -0.76%₹ 9,923 | -1.10%₹ 9,889 | 2.92%₹ 10,292 | 4.37%₹ 10,436 | 8.62%₹ 12,549 | 25.94%₹ 15,861 | 10.62%₹ 26,694 | 60.44%₹ 41,299 | 33.14%₹ 57,632 | - | - | - | - |
| Quant Infrastructure Fund | -0.98%₹ 9,901 | -5.73%₹ 9,427 | -8.83%₹ 9,116 | 3.82%₹ 10,382 | -3.48%₹ 11,775 | 26.19%₹ 15,925 | 8.84%₹ 26,235 | 59.56%₹ 40,622 | 33.04%₹ 57,558 | 19.70%₹ 24,599 | 27.33%₹ 1,17,666 | 17.83%₹ 51,666 | 19.20%₹ 3,29,661 |
| Quant Consumption Fund | -1.58%₹ 9,841 | -5.66%₹ 9,433 | -7.82%₹ 9,217 | 0.70%₹ 10,069 | -3.19%₹ 11,793 | 20.48%₹ 14,514 | 4.76%₹ 25,195 | 50.93%₹ 34,378 | 23.70%₹ 50,780 | 16.95%₹ 21,895 | 22.82%₹ 1,05,616 | 19.48%₹ 59,382 | 19.09%₹ 3,27,712 |
| ICICI Prudential Infrastructure Fund | 0.69%₹ 10,069 | 2.65%₹ 10,264 | 9.02%₹ 10,901 | 21.96%₹ 12,195 | 21.65%₹ 13,353 | 29.10%₹ 16,667 | 23.01%₹ 29,965 | 48.40%₹ 32,680 | 34.58%₹ 58,730 | 14.49%₹ 19,686 | 23.48%₹ 1,07,318 | 15.14%₹ 41,021 | 15.73%₹ 2,73,425 |
| ICICI Prudential Technology Fund | -6.52%₹ 9,348 | -1.93%₹ 9,806 | 2.77%₹ 10,277 | -20.60%₹ 7,939 | -9.43%₹ 11,383 | 9.38%₹ 11,963 | -5.73%₹ 22,587 | 43.83%₹ 29,751 | 15.88%₹ 45,522 | 20.38%₹ 25,302 | 20.36%₹ 99,515 | 19.91%₹ 61,586 | 18.66%₹ 3,20,278 |
Portfolio Holdings
Top Sector Holdings of LIC Banking And Financial Services Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 79.55% | ₹ 44.19 Cr. |
| Housing Finance | 8.08% | ₹ 4.49 Cr. |
| NBFC | 4.54% | ₹ 2.54 Cr. |
| Insurance | 4.27% | ₹ 2.37 Cr. |
| Pharmaceuticals | 1.99% | ₹ 1.10 Cr. |
| Others | 1.57% | - |
Top Stock Holdings of LIC Banking And Financial Services Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| HDFC Bank Ltd. | 21.95% | ₹ 12.19 Cr. |
| ICICI Bank Ltd. | 17.35% | ₹ 9.64 Cr. |
| Axis Bank Ltd. | 9.30% | ₹ 5.16 Cr. |
| State Bank Of India | 9.20% | ₹ 5.11 Cr. |
| Housing Development Finance Corporation Ltd. | 8.08% | ₹ 4.49 Cr. |
| Others | 34.12% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.39% |
| Net Receivables | -0.84% |