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  • LIC MF Banking & Financial Services Fund (Growth)
LIC Mutual Fund

LIC MF Banking & Financial Services Fund (Growth)

EquitySectoral / Thematic - Bfsi

15.8837

NAV (Dec 02)

4.9%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in sectoral / thematic - bfsi mutual funds.

Sectoral / thematic - bfsi funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

15.8837

NAV (Dec 2)

Fund Returns

Last 1Y

16%

Last 3Y

9.6%

Last 5Y

4.9%

Last 10Y

NA

Since Inception

6.2%

6 Month CAGR

22.7%

Scheme Information

Investment Objective

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However,there can be no assurance that the investment objective of the Scheme will be achieved.

Expense Ratio

2.81

Launched (7y ago)

Mar 27, 2015

AUM in Crores

88.890

ISIN

INF767K01NH2

Lock-in

No Lock-in

Benchmark

IISL Nifty Financial Services TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

29.5

Standard Deviation (5yr)

26.2

Beta (3yr)

0.94

Beta (5yr)

0.96

Sharpe Ratio (3yr)

0.322

Sharpe Ratio (5yr)

0.12

YTM

0

Fund Managers

Jaiprakash Toshniwal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-12-02

Top Stock Holdings

icici bank ltd

17.5%
17.5%

hdfc bank ltd

13%
13%

axis bank ltd

9.7%
9.7%

state bank of india

9.3%
9.3%

karur vysya bank ltd

6.6%
6.6%
See all holdings

Allocation by Sector

financial services

92.2%
92.2%

healthcare

2.2%
2.2%
See all sectors

Compare LIC MF Banking & Financial Services Fund (Growth)

Fund NameFund SizeOutperformance Consistency
DSP Tax Saver Fund (G)
DSP Tax Saver Fund (G)

₹ 10,427 cr

₹ 4,865 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 14,891 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 35 hybrid funds.

amc-img

  • 022-66016000
  • cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4%

    6.9%

    3.7%

    5.4%

    3.8%

    5.4%

    16.3%

    12.6%

    6.5%

    8.1%

    LIC MF Banking & Financial Services Fund (G) Review

    LIC MF Banking & Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 6.2% over a period of 7 years. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is Jaiprakash Toshniwal.

    Nav of LIC MF Banking & Financial Services Fund (G) as of 12/2/2022 is ₹15.88 with the total AUM as of 12/4/2022 is ₹88.89. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Banking & Financial Services Fund (G) was launched on Mar 27, 2015. The category risk of the fund is Very High Risk.

    The minimum SIP amount for LIC MF Banking & Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    LIC MF Banking & Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Financial Services TR INR.

    LIC MF Banking & Financial Services Fund (G) is rated as a 1 fund in Equity and delivered 16% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Banking & Financial Services Fund (G).

    Frequently Asked Questions

    What is LIC MF Banking & Financial Services Fund (G)?

    LIC MF Banking & Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    How to invest in LIC MF Banking & Financial Services Fund (G)?

    You can invest in LIC MF Banking & Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of LIC MF Banking & Financial Services Fund (G)?

    The minimum sip amount for LIC MF Banking & Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is LIC MF Banking & Financial Services Fund (G) good to invest in?

    As per Scripbox experts, LIC MF Banking & Financial Services Fund (G) is a Not Recommended fund. You can investLIC MF Banking & Financial Services Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the LIC MF Banking & Financial Services Fund (G)?

    The expense ratio of the LIC MF Banking & Financial Services Fund (G) is 2.81% for regular plan.