LIC MF Banking & Financial Services Fund Direct Growth
Very High Risk
Equity
2 Star
NAV as of Aug 14, 2025
₹23.33
0.21%1D Change
Returns since inception
8.5%p.a.
Very High Risk
Equity
2 Star
NAV as of Aug 14, 2025
₹23.33
0.21%1D Change
Returns since inception
8.5%p.a.
LIC MF Banking & Financial Services Fund Direct Growth
Very High Risk|Equity|2 Star
NAV as of Aug 14, 2025
₹23.33
0.21%1D
Returns since inception
8.5%p.a.
Returns Calculator
Investment Type
Monthly SIP
One-Time
₹
yrs
Total investment₹9.6 Lakhs
Returns₹0
Final Value₹0
Absolute ReturnNaN%
Fund Overview
- Rating2 Star
- Expense ratio1.05%
- Exit Load1% within 90 days
- AUM (Fund size)₹281.55 Crore
- Lock-in periodNo Lock-in
- Age10 yrs since Mar 27, 2015
- Min. investmentSIP ₹1000 & Lump. ₹5000
- RiskVery High
- Short-term capital gains (STCG)Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains (LTCG)After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year
Fund Distribution
Equity
94.52%
Debt
0%
Others
5.48%
Top Holdings
Top Sectors
| Holding Name | Assets (%) |
|---|---|
| HDFC Bank Ltd | 19.91% |
| ICICI Bank Ltd | 12.61% |
| Axis Bank Ltd | 6.44% |
| Kotak Mahindra Bank Ltd | 6.2% |
| Treps | 4.6% |
Peer Comparison
Overview
Returns
Risk Ratios
| Fund Name | AUM (In Crs.) | NAV | Risk |
|---|---|---|---|
| SBI Banking & Financial S... | ₹ 8,450 Cr | ₹47.34 | 0.44% | Very High |
| UTI Banking and Financial... | ₹ 1,305 Cr | ₹212.81 | 0.06% | Very High |
| ICICI Prudential Banking ... | ₹ 9,930 Cr | ₹150.01 | 0.25% | Very High |
| Nippon India Banking & Fi... | ₹ 7,222 Cr | ₹675.91 | 0.25% | Very High |
NAV History
FUND | LIC MF Banking & Financial Services Fund Direct Growth |
|---|---|
| NAV (Aug 14, 2025) | ₹23.33 |
| Class | Equity | Sector - Financial Services |
| Inception Date | Mar 27, 2015 |
| Fund Manager | Jaiprakash Toshniwal |
FUND | LIC MF Banking & Financial Services Fund Direct Growth |
|---|---|
| Initial Price | ₹10 |
| Min. Investment Amount | SIP ₹1000 and Lump. ₹5000 |
| Exit Load | 1% within 90 days |
Returns | 1W | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|
| LIC MF Banking & Fin... | -0.22% | -3.4% | 2.62% | 16.07% | 10.34% | 13.72% |
About LIC Mutual Fund Asset Management Limited
Life Insurance Corporation (LIC) established LIC Mutual Fund on the 20th of April 1989. The fund house has successfully maintained an above-average CRISIL score and investor rating ever since its inception in the mutual fund fore. LIC Mutual Fund is one of the most trusted fund houses in India.
LIC Mutual Fund Asset Management Limited Details
- No. of schemes84
- Total AUM₹16,594.23 Crore
- AddressLIC Mutual Fund Asset Management Limited, 4th Floor, Industrial Assurance Building, Mumbai, Maharashtra, 400 020
- Phone+91 022-66016000
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.24 Lakhs ₹
Min investment of ₹1,000 required
