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LIC Banking And Financial Services Fund

LIC Banking And Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.61

as on 20 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,174 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

  • ₹ 13.816

    as on 20 Sep 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 60 Cr.

    as on 20 Sep 2021
  • 2.8%

    since 31 May 2021
  • 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 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 ₹ 13.816 as on 20 Sep 2021.

This fund has 6 years of track record. Since 31 May 2021 expense ratio of this fund is 2.8%. 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 Yogesh Patil

    Picture of Yogesh PatilMr. Patil is an MBA (Finance). Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately 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 8.82% 26.85% 46.78% 122.54% 62.54% 36.82% 32.67% 26.48% 117.08% 97.04% 64.39% 43.63% 28.12%
Category Average 5.19% 10.55% 23.29% 59.78% 31.86% 16.90% 14.58% 14.30% 57.75% 45.64% 31.59% 19.88% 15.95%
LIC Banking And Financial Services Fund 4.70%₹ 10,470 6.54%₹ 10,654 10.03%₹ 11,002 54.14%₹ 15,413 34.37%₹ 14,131 11.10%₹ 12,346 26.42%₹ 30,925 9.61%₹ 13,174 17.70%₹ 46,756 6.29%₹ 13,567 9.84%₹ 76,886 - -
ICICI Prudential Technology Fund 6.67%₹ 10,667 25.77%₹ 12,576 45.93%₹ 14,592 94.70%₹ 19,470 108.18%₹ 18,240 62.86%₹ 26,557 95.42%₹ 51,942 36.76%₹ 25,621 63.73%₹ 84,254 32.52%₹ 40,899 43.26%₹ 1,70,702 26.18%₹ 1,02,501 27.89%₹ 5,28,204
Aditya Birla Sun Life Digital India Fund 6.07%₹ 10,607 21.11%₹ 12,111 40.22%₹ 14,021 89.38%₹ 18,938 95.18%₹ 17,550 57.91%₹ 24,966 82.65%₹ 47,739 34.86%₹ 24,566 58.08%₹ 78,845 31.27%₹ 39,010 40.66%₹ 1,60,867 23.08%₹ 79,916 26.53%₹ 4,90,748
Tata Digital India Fund 7.76%₹ 10,775 25.49%₹ 12,548 44.58%₹ 14,458 95.09%₹ 19,508 104.94%₹ 18,070 57.07%₹ 24,702 85.64%₹ 48,709 33.48%₹ 23,817 58.13%₹ 78,891 31.54%₹ 39,411 41.36%₹ 1,63,471 - -
SBI Technology Opportunities Fund 4.93%₹ 10,493 22.96%₹ 12,296 42.03%₹ 14,203 85.12%₹ 18,511 92.49%₹ 17,406 50.53%₹ 22,685 74.22%₹ 45,041 32.42%₹ 23,255 52.31%₹ 73,566 27.25%₹ 33,393 37.02%₹ 1,47,933 - -
Quant Infrastructure Fund 7.83%₹ 10,783 9.88%₹ 10,987 36.71%₹ 13,671 100.73%₹ 20,073 95.16%₹ 17,551 47.69%₹ 21,836 77.44%₹ 46,066 29.91%₹ 21,953 51.11%₹ 72,504 20.74%₹ 25,670 30.57%₹ 1,27,214 11.61%₹ 30,030 19.20%₹ 3,29,990

Portfolio Holdings

Portfolio holdings pattern of LIC Banking And Financial Services Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    97.03%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.97%

Top Sector Holdings of LIC Banking And Financial Services Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 77.38% ₹ 46.74 Cr.
Housing finance 7.76% ₹ 4.69 Cr.
Insurance 6.49% ₹ 3.93 Cr.
Capital markets 3.18% ₹ 1.92 Cr.
Nbfc 2.22% ₹ 1.34 Cr.
Others 2.97% -

Top Stock Holdings of LIC Banking And Financial Services Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 23.74% ₹ 14.34 Cr.
ICICI Bank Ltd. 15.89% ₹ 9.60 Cr.
Kotak Mahindra Bank Ltd. 9.11% ₹ 5.50 Cr.
Housing Development Finance Corporation Ltd. 7.76% ₹ 4.69 Cr.
Axis Bank Ltd. 7.61% ₹ 4.60 Cr.
Others 35.89% -

Other Holdings

Holding TypeHolding Percentage
TREPS 3.97%
Net Receivables -1.00%