LIC MF Banking & Fina Serv Fund

Equity | Sectoral / Thematic Mutual Funds
 | 1
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹5,000 1.54 % 1★ ₹88 8 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹5,000 1.54 %
Min SIP Min Lumpsum Expense Ratio
1★ ₹88 Cr 8 Years
Rating Fund Size Fund Age

Scheme Objective

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.

Scheme Performance

Returns and Ranks ( as on 02 December 2022 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns 17.4% 10.9% 6.1% 7.4%
Category Average 8.0% 11.4% 14.1% -

Scheme Allocation

Holding
Sector
Asset
ICICI Bank
17.53%
HDFC Bank
13.03%
Axis Bank
9.74%
St Bk of India
9.33%
Karur Vysya Bank
6.6%
Others
43.77%
Banks
64.77%
Finance
23.4%
Insurance
6.25%
Debt
4.95%
Cash & Others
0.65%
Equity
94.42%
Reverse Repos
4.95%
Net Curr Ass/Net Receivables
0.65%

Fund House Details

LIC Mutual Fund

LIC MF Banking & Fina Serv Fund

Fund Manager
Jaiprakash Toshniwal

Exit Load

Exit Load 12% of the unit alloted shall be redeemed without any exit load, on or before completion of 90 days from the date of allotment of units. 1% - on remaining units, if redeemed or switched out on or before completion of 90 days from the date of allotment of units. Nil - if redeemed or switched out after completion of 90 days from the date of allotment of units.

Advance Ratio

0.02 1.3 1.04 0.01
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

AMC Contact Details

LIC Mutual Fund
AUM:
17,879 Cr
Address:
4th Floor, Industrial Insurance Buildg, Opp.Churchgate Station Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

Frequently Asked Questions

You can invest in LIC MF Banking & Fina Serv Fund in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF Banking & Fina Serv Fund in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
The LIC MF Banking & Fina Serv Fund has delivered 7.4% since inception
The NAV of LIC MF Banking & Fina Serv Fund is ₹17.2 as of 02 December 2022.
The expense ratio of LIC MF Banking & Fina Serv Fund is 1.54 % as of 02 December 2022.
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
Invest Now