LIC MF Banking & Fina Serv Fund
1,000
Min SIP
5,000
Min Lumpsum
1.54 %
Expense Ratio
Rating
140
Fund Size (in Cr)
8 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
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Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 27.3% | 25.5% | 9.8% | 7.3% | ||||
| Category Average | 20.1% | 24.4% | 13% | - |
Scheme Allocation
By Holding
By Sector
By Asset
ICICI Bank
HDFC Bank
H D F C
Axis Bank
St Bk of India
Others
Advance Ratio
0.1
Alpha
6.02
SD
0.9
Beta
0.35
Sharpe
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. |
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Fund 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.
Fund Managers
Jaiprakash Toshniwal
Mr Jaiprakash Toshniwal, CFA, MS Finance, B.Com, joined LIC Mutual Fund as a Senior Equity Research Analyst in February 2021 and was promoted as Fund Manager and Senior Equity Analyst in September 2021. Before joining LIC MF, he served IndiaFirst Life Insurance Company Limited as Equity Research Analyst, Taurus Asset Management Company Ltd as Equity Analyst, and ULJK Securities as Research Analyst. His special interest are in the field of Portfolio Management, Equity Research, Financial Analysis, Investment Banking, and Financial Modelling.
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
-
- Equity .
- Sectoral / Thematic .
-
- 2,373
-
31.5%Fund Size - 2,373
-
41.7%Fund Size - 2,373
-
17.7%Fund Size - 2,373
-
- Equity .
- Sectoral / Thematic .
-
- 9,940
-
0.6%Fund Size - 9,940
-
37.8%Fund Size - 9,940
-
22.1%Fund Size - 9,940
-
- Equity .
- Sectoral / Thematic .
-
- 1,241
-
26.8%Fund Size - 1,241
-
33.6%Fund Size - 1,241
-
15.8%Fund Size - 1,241
-
- Equity .
- Sectoral / Thematic .
-
- 95
-
18.5%Fund Size - 95
-
31.6%Fund Size - 95
-
14.6%Fund Size - 95
-
- Equity .
- Sectoral / Thematic .
-
- 681
-
27.6%Fund Size - 681
-
29.4%Fund Size - 681
-
13.7%Fund Size - 681
AMC Contact Details
LIC Mutual Fund
AUM:
17,638 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
How to invest in LIC MF Banking & Fina Serv Fund ?
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"
What is the NAV of LIC MF Banking & Fina Serv Fund ?
The NAV of LIC MF Banking & Fina Serv Fund is ₹17.9 as of 06 June 2023.
How to redeem LIC MF Banking & Fina Serv Fund holding ?
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”.
What is the minimum sip amount of LIC MF Banking & Fina Serv Fund?
The minimum SIP amount of LIC MF Banking & Fina Serv Fund is ₹1000
What are the top sectors LIC MF Banking & Fina Serv Fund has invested in??
The top sectors LIC MF Banking & Fina Serv Fund has invested in are
- ICICI Bank - 14.77%
- HDFC Bank - 10.3%
- H D F C - 9.37%
- Axis Bank - 9.36%
- St Bk of India - 9.26%
How much returns have LIC MF Banking & Fina Serv Fund generated ?
The LIC MF Banking & Fina Serv Fund has delivered 7.3% since inception
What is the expense ratio of LIC MF Banking & Fina Serv Fund ?
The expense ratio of LIC MF Banking & Fina Serv Fund is 1.54 % as of 06 June 2023.
What is the AUM of LIC MF Banking & Fina Serv Fund?
The AUM of LIC MF Banking & Fina Serv Fund is ₹17,638 Cr as of 06 June 2023
What are the top stock holdings of LIC MF Banking & Fina Serv Fund?
The top stock holdings of LIC MF Banking & Fina Serv Fund are
- ICICI Bank - 14.77%
- HDFC Bank - 10.3%
- H D F C - 9.37%
- Axis Bank - 9.36%
- St Bk of India - 9.26%