MyWealthGrowth.com logo
HomeMutual Funds

LIC Banking And Financial Services Fund

LIC Banking And Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

10.88

as on 16 Aug 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,635 today.

Invest Now

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

  • ₹ 14.772

    as on 16 Aug 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 56 Cr.

    as on 31 Dec 2021
  • 2.76%

  • 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 ₹ 14.772 as on 16 Aug 2022.

This fund has 7 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

    Picture of 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 15.70% 22.76% 15.78% 30.38% 61.27% 38.90% 27.69% 22.21% 35.51% 43.26% 49.16% 32.30% 21.98%
Category Average 9.40% 11.95% 3.42% 7.20% 29.26% 20.72% 11.94% 14.21% 8.14% 18.56% 22.75% 16.48% 14.11%
LIC Banking And Financial Services Fund 14.86%₹ 11,485 22.25%₹ 12,225 7.51%₹ 10,751 9.45%₹ 10,945 19.22%₹ 13,211 29.48%₹ 16,787 18.28%₹ 28,712 10.88%₹ 13,635 17.40%₹ 46,541 5.07%₹ 12,810 10.87%₹ 78,858 - -
Quant Infrastructure Fund 10.80%₹ 11,080 14.86%₹ 11,486 4.67%₹ 10,466 24.59%₹ 12,458 18.10%₹ 13,142 61.27%₹ 26,076 43.26%₹ 35,633 38.90%₹ 26,820 49.16%₹ 70,722 22.38%₹ 27,460 32.30%₹ 1,32,438 16.17%₹ 44,809 21.19%₹ 3,67,289
Quant Consumption Fund 9.42%₹ 10,942 11.87%₹ 11,187 2.14%₹ 10,214 8.05%₹ 10,804 7.14%₹ 12,457 44.23%₹ 20,843 28.20%₹ 31,395 36.08%₹ 25,221 38.25%₹ 61,652 17.93%₹ 22,816 26.62%₹ 1,15,774 18.36%₹ 53,985 21.01%₹ 3,63,744
ICICI Prudential Technology Fund 10.45%₹ 11,044 1.79%₹ 10,178 -11.76%₹ 8,823 -6.29%₹ 9,371 -15.88%₹ 10,945 39.45%₹ 19,481 14.85%₹ 27,806 33.01%₹ 23,549 33.00%₹ 57,580 27.69%₹ 33,974 28.10%₹ 1,19,931 22.21%₹ 74,423 21.98%₹ 3,83,390
Aditya Birla Sun Life Digital India Fund 10.97%₹ 11,096 3.12%₹ 10,312 -10.94%₹ 8,906 -6.50%₹ 9,349 -14.17%₹ 11,061 33.81%₹ 17,932 13.12%₹ 27,350 31.92%₹ 22,973 28.83%₹ 54,474 26.33%₹ 32,200 26.06%₹ 1,14,221 21.15%₹ 68,195 21.24%₹ 3,68,301
Tata Digital India Fund 11.38%₹ 11,137 3.51%₹ 10,350 -11.00%₹ 8,900 -4.08%₹ 9,592 -14.20%₹ 11,059 37.19%₹ 18,853 15.05%₹ 27,856 30.23%₹ 22,102 29.68%₹ 55,096 27.57%₹ 33,814 26.36%₹ 1,15,051 - -

Portfolio Holdings

Portfolio holdings pattern of LIC Banking And Financial Services Fund as on 17 Aug 2022 are listed below:

  • Equity Holdings:

    98.43%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.55%

Top Sector Holdings of LIC Banking And Financial Services Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 2.39%
Net Receivables -0.84%