Mutual Fund Research

LIC MF Banking & Financial Services Fund-Reg(G)

As on Apr-12-2024 change fund
18.74  up-0.16 (-0.85%)

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. However there can be no assurance that the investment objective of the scheme will be achieved.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2019-20202020-20212021-20222022-20232023-2024
NAV in Rs (as on 31-Mar-2024)7.7812.3213.2614.9417.98
Net Assets(Rs Crores) (as on 31-Mar-2024) 38.73 57.85 55.24 130.74 289.55
Scheme Returns(%)(Absolute)-29.8264.806.1210.2819.90
B'mark Returns(%)(Absolute)NANANANANA
Category Rank53/7554/7560/759/7668/90
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2023-202414.302.648.74-5.63
2022-2023-7.2118.558.43-5.54
2021-20225.856.98-5.210.23
2020-202111.821.4136.542.33
2019-20205.39-2.397.76-36.76
Top 10 holdings
company (%)
HDFC Bank Ltd.21.58 
ICICI Bank Ltd.12.77 
Axis Bank Ltd.6.49 
State Bank Of India5.89 
The Federal Bank Ltd.4.32 
CreditAccess Grameen Ltd.3.66 
DCB Bank Ltd.3.22 
Piramal Enterprises Ltd.3.14 
Kotak Mahindra Bank Ltd.3.06 
CSB Bank Ltd.3.01 

Category

Sector Funds

Launch Date

27-Mar-15

Scheme Benchmark

NA

AUM ( in Cr.)

289.55

portfolio price to book value

2.45

investing style?

Large Blend

fund manager?

Jaiprakash Toshniwal

inception date (regular plan)

27-Mar-15

expense ratio (regular plan) %

2.33

Top 10 sectors
sectors (%)
Bank - Private62.17
Finance - NBFC15.49
Bank - Public5.89
Finance Term Lending3.97
Finance - Housing2.32
Finance - Investment1.86
Finance - Others1.14
Finance - Stock Broking1.02
Finance - Asset Management0.94

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

to go
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
  • 10Y
  • maximum
performance comparision with similar schemes and benchmark
scheme name investment style inception date AUM in Cr. 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
LIC MF Banking & Financial Services Fund-Reg(G)Large-Blend 27-Mar-2015289.5523.8017.3111.15NA7.18
Nippon India Banking & Financial Services Fund(G)Large-Growth 26-May-20035,307.2934.2024.7913.0015.8020.87
Sundaram Fin Serv Opp Fund-Inst(G)Large-Blend 10-Jun-20081,171.3040.8524.2018.6917.2015.87
Invesco India Financial Services Fund(G)Large-Growth 14-Jul-2008743.5239.5021.4414.7016.6716.59
Aditya Birla SL Banking & Financial Services Fund-Reg(G)Large-Growth 14-Dec-20132,989.6432.0219.3612.3616.4017.30
Mirae Asset Banking and Financial Services Fund-Reg(G)Large-Growth 11-Dec-20201,593.7628.4618.19NANA17.12
ICICI Pru Banking & Fin Serv Fund(G)Large-Growth 22-Aug-20087,489.9125.1418.0110.7716.2716.57
UTI Banking and Financial Services Fund-Reg(G)Large-Growth 30-Jul-20051,031.8827.9517.949.2312.8013.25
Taurus Banking & Fin Serv Fund-Reg(G)Large-Blend 22-May-201210.3126.6817.8613.2113.8314.01
SBI Banking & Financial Services Fund-Reg(G)Large-Growth 26-Feb-20155,056.0534.4717.5113.76NA14.34
Tata Banking & Financial Services Fund-Reg(G)Large-Growth 28-Dec-20151,943.2328.3417.3313.69NA16.42
Baroda BNP Paribas Banking and Fin Serv Fund-Reg(G)Large-Growth 22-Jun-2012125.2930.0716.1111.5613.3912.37
HDFC Banking & Financial Services Fund-Reg(G)Large-Growth 01-Jul-20213,178.3628.18NANANA13.98
Kotak Banking & Financial Services Fund-Reg(G)Large-Growth 27-Feb-2023820.3524.20NANANA25.39
ITI Banking & Financial Services Fund-Reg(G)Large-Growth 06-Dec-2021258.3022.69NANANA11.70
DSP Banking & Financial Services Fund-Reg(G)Large-Growth 08-Dec-2023556.07NANANANA2.75
Bandhan Financial Services Fund-Reg(G)Large-Growth 28-Jul-2023748.74NANANANA22.56
WOC Banking & Financial Services Fund-Reg(G)Large-Growth 06-Feb-2024138.85NANANANA0.83
Quant BFSI Fund-Reg(G)Large-Growth 20-Jun-2023449.78NANANANA58.53
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