Mutual Funds
AMC
LIC MF Banking & Fina Serv Fund - Dir (G)

LIC MF Banking & Fina Serv Fund - Dir (G)

Sectoral / Thematic

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NAV
24.13(-0.32%)
Fund Size (CR)
₹270.59
Expense Ratio
1.18
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹500
Minimum SIP Investment
₹100
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
8.55%

Absolute Return: -0.11%

Annualized Return: 0%

Basic Details

Scheme Manager

Jaiprakash Toshniwal

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	6 October 2025	10076.27	0.76%	-	0.41%	256/920
1 Month	12 September 2025	10322.21	3.22%	-	0.30%	35/916
3 Month	11 July 2025	10054.29	0.54%	-	1.34%	483/880
6 Month	11 April 2025	11520.36	15.20%	-	14.80%	284/860
1 Year	11 October 2024	11042.02	10.42%	10.42%	-0.57%	67/756
3 Year	13 October 2022	15108.74	51.09%	14.73%	20.59%	442/494
5 Year	13 October 2020	23300.34	133.00%	18.42%	22.73%	289/394
Since Inception	27 March 2015	23777.38	137.77%	8.55%	13.54%	698/920

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	4 November 2024	1,20,000	131064.94	9.22%	9.22%
3 Year	1 November 2022	3,60,000	431712.41	19.92%	6.24%
5 Year	2 November 2020	6,00,000	830164.24	38.36%	6.71%
10 Year	2 November 2015	12,00,000	2187076.13	82.26%	6.19%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.83%

Standard Deviation

0.96%

Beta

0.47%

Sharpe Ratio

-0.00%

Treynor's Ratio

-1.02%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	20.30%	577491	54.92	Equity	Banks
ICICI Bank	12.85%	257998	34.78	Equity	Banks
Axis Bank	6.94%	166028	18.79	Equity	Banks
Kotak Mah. Bank	6.64%	90147	17.96	Equity	Banks
SBI	4.64%	143886	12.55	Equity	Banks
MAS FINANC SER	4.49%	402877	12.16	Equity	Finance
SBI Cards	3.85%	118687	10.41	Equity	Finance
Power Fin.Corpn.	3.31%	218047	8.95	Equity	Finance
Shriram Finance	3.11%	136529	8.41	Equity	Finance
CreditAcc. Gram.	3.08%	61586	8.33	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
LIC MF Banking & Fina Serv Fund - Dir (G)	270.59	3.22%	0.54%	15.20%	10.42%	14.73%
Nippon India Taiwan Equity Fund - Direct (G)	406.67	-0.23%	22.00%	82.69%	41.91%	42.01%
Nippon India Taiwan Equity Fund - Direct (IDCW)	406.67	-0.23%	22.00%	82.69%	41.91%	42.01%
Aditya Birla SL International Equity Fund - Direct (G)	266.19	-0.28%	7.78%	28.88%	26.05%	19.55%
Aditya Birla SL International Equity Fund - Direct (IDCW)	266.19	-0.28%	7.78%	28.88%	26.05%	19.55%
Franklin Asian Equity Fund - Direct (G)	279.13	4.59%	11.90%	32.68%	16.44%	15.74%

List of Schemes under LIC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
LIC MF Equity Hybrid Fund	Hybrid	Very High	2.18%	2	₹544.52
LIC MF Medium to Long Duration Fund	Debt	Moderate	10%	4	₹204.28
LIC MF Flexi Cap Fund	Equity	Very High	-5.8%	2	₹1,020.58
LIC MF Large Cap Fund	Equity	Very High	-1.95%	2	₹1,505.32
LIC MF Gilt Fund	Debt	Moderately Low	7.35%	2	₹80.54
LIC MF Banking & PSU Fund	Debt	Moderate	9.44%	3	₹1,851.38
LIC MF Nifty 50 Index Fund	Other	Very High	-0.73%	3	₹342.19
LIC MF Infrastructure Fund	Equity	Very High	-4.39%	4	₹1,053.32
LIC MF Liquid Fund	Debt	Moderately Low	7.09%	3	₹11,199.32
LIC MF Low Duration Fund	Debt	Moderately Low	8.27%	5	₹1,730.30
LIC MF ELSS Tax Saver	Equity	Very High	0.63%	2	₹1,143.39
LIC MF BSE Sensex Index Fund	Other	Very High	-0.73%	2	₹91.93
LIC MF Equity Savings Fund	Hybrid	Moderately High	6.94%	1	₹20.52
LIC MF Nifty Next 50 Index Fund	Other	Very High	-10.38%	1	₹100.06
LIC MF Gold Fund	Other	High	39.04%	4	₹174.14
LIC MF Conservative Hybrid Fund	Hybrid	Moderately High	5.8%	1	₹51.30
LIC MF Children's Fund	Solution Oriented	Very High	-4.18%	1	₹15.85
LIC MF Large & Mid Cap Fund	Equity	Very High	-1.79%	2	₹3,169.03
LIC MF Banking & Fina Serv Fund	Equity	Very High	5.65%	1	₹281.55
LIC MF Midcap Fund	Equity	Very High	-3.63%	2	₹345.03
LIC MF Small Cap Fund	Equity	Very High	-7.02%	2	₹604.52
LIC MF Focused Fund	Equity	Very High	-3.68%	0	₹170.68
LIC MF Long Term Value Fund	Equity	Very High	-6.35%	1	₹168.52
LIC MF Dividend Yield Fund	Equity	Very High	-2.43%	0	₹613.32
LIC MF Arbitrage Fund	Hybrid	Low	7.32%	2	₹121.01
LIC MF Short Duration Fund	Debt	Moderate	9.48%	3	₹168.26
LIC MF Healthcare Fund	Equity	Very High	9.26%	2	₹87.70
LIC MF Overnight Fund	Debt	Moderately Low	6.31%	3	₹866.33
LIC MF Ultra Short Term Fund	Debt	Low	7.76%	5	₹220.83
LIC MF Balanced Advantage Fund	Hybrid	Very High	5.4%	3	₹845.35
LIC MF Money Market Fund	Debt	Moderately Low	7.08%	1	₹2,055.87
LIC MF Multi Cap Fund	Equity	Very High	0.77%	0	₹1,644.43
LIC MF Manufacturing Fund	Equity	Very High	0%	0	₹881.18
LIC MF Multi Asset Allocation Fund	Hybrid	Very High	0%	0	₹619.22

News

LIC Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
LIC Mutual Fund has announced 25 September 2025 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following scheme. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.20
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LIC Mutual Fund announces change in Key Personnel
LIC Mutual Fund has announced the Mr. Sat Pal Bhanoo has been appointed as an Associate Director and Key Personnel on the Board of LIC Funds Management Limited With effect from 12 September 2025
Details of Mr. Sat Pal Bhanoo
Age: 59 years
Designation: Associate Director
Qualification: Bachelor of Arts (BA) Honours in History
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LIC Mutual Fund announces change in fund manager under its schemes

LIC Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 September 2025.

Change in Fund Manager:

Scheme Name	Existing Fund Managers	New Fund Managers
LIC MF Overnight Fund	Mr. Rahul Singh	Mr. Rahul Singh Mr. Aakash Dhulia
LIC MF Liquid Fund	Mr. Rahul Singh	Mr. Rahul Singh Mr. Aakash Dhulia

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Fund House Details & Investment Objective

Date of Incorporation

9 March 2015

Total AUM (Cr)

₹270.59

LIC MF Banking & Fina Serv Fund - Dir (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in 9 March 2015, this fund is managed by Jaiprakash Toshniwal. With assets under management (AUM) worth ₹270.59 (Cr), as of 14 October 2025, LIC MF Banking & Fina Serv Fund - Dir (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 8.55% since its launch.
The current NAV of LIC MF Banking & Fina Serv Fund - Dir (G) is ₹24.13, as on 14 October 2025. The fund's benchmark index is Nifty Financial Services TRI. You can invest in LIC MF Banking & Fina Serv Fund - Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. The fund has generated 14.73% and 18.42% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.37% in Equity, 1.90% in Debt and -0.28% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 56.70% in Banks, 32.68% in Finance, 6.62% in Capital Markets, 3.92% in Debt, 1.29% in Financial Technology (Fin